5026 Chester, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 2 bath
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Los Angeles, California 90032
This Value-Add Investor Asset is listed at $899,900, reflecting the premium demand of the El Sereno market relative to its $796,302 Fair Market Value. Carrying a Condition Rating of 5, this 1925 residence requires comprehensive structural rehabilitation but offers massive upside via its 7,780 Sq Ft Lot and Accessory Dwelling Unit (ADU) potential. Featuring Panoramic City Light Views and a location near Cal State LA, the property is a high-utilization project. This Cash-Only Acquisition is ideal for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5026 Chester Subject | $899,900* List Price | 2 | 2 | 1,120 | $711 | - |
A 2916 Vaquero Sold | $790,000 | 3 | 2 | 1,342 | $589 | 0.3 mi |
B 2459 N Ditman Sold | $830,000 | 3 | 2 | 1,347 | $616 | 0.7 mi |
C 3916 Collis Avenue Sold | $980,000 | 2 | 1 | 1,327 | $739 | 1.0 mi |
D 3300 Thelma Avenue Sold | $660,000 | 2 | 1 | 960 | $688 | 0.4 mi |
E 2417 Richelieu Avenue Sold | $750,000 | 3 | 1 | 947 | $792 | 0.7 mi |
F 5301 Huntington N Drive Active | $700,000 List Price | 2 | 1 | 850 | $824 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1925 and marketed as a 'cash only' investor opportunity, this property shows significant signs of deferred maintenance and structural distress. Exterior images reveal a garage structure that appears to be failing and is currently propped up by a temporary support beam. The lack of interior photos, combined with the 'investor' call-out, suggests the kitchen, bathrooms, and major systems require substantial rehabilitation and modernization to meet safety and habitability standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7780, living area = 1120.
Situated in the highly sought-after El Sereno neighborhood near Cal State University, this property offers exceptional rental demand and long-term appreciation potential.
The generous 7,780-square-foot lot provides significant opportunities for expansion or the addition of an Accessory Dwelling Unit (ADU) to maximize return on investment.
The requirement for a cash-only sale significantly restricts the buyer pool by excluding traditional mortgage-contingent purchasers.
As a 1925 structure marketed specifically to investors, the property likely requires substantial capital investment for structural repairs and modernization.
CALLING ALL INVESTORS CASH ONLY SALE. Located in highly desired area of EL SERENO, very Close to Cal State University.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,120 | 1,223 | 36% |
| Lot Size | 7,780 | 5,427.5 | 86% |
| Price | $899.9K | $866.5K | 56% |
| Price per sq ft | $803 | $698 | 78% |
| Built year | 1925 | 1942 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 178 | 1% |
Apr 12, 2026
$899,900
Initial Listing