5038 Inadale Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 2 bed, 2 bath

5038 Inadale Avenue, Los Angeles, California 90043 home-pic-0

5038 Inadale Avenue

Los Angeles, California 90043

ACTIVE UNDER CONTRACT
CONDITION: POOR
2Beds
2Baths
1,373Sq Ft
5,069Lot Size

Property Price

LIST PRICE$900,000
EST. MARKET VALUE
$843,887
6% AboveMARKET VALUE

SUMMARY

Analysis of 5038 Inadale Avenue, Los Angeles, California 90043 reveals a property with a current list price of $900,000, which is 6% above the estimated $843,887 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$843,887
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5038 Inadale Avenue
Subject
$900,000*
List Price
221,373$615-
A
5709 Alviso Avenue
Sold
$810,000321,429$5670.6 mi
B
4472 W 62nd Street
Sold
$801,000211,285$6230.9 mi
C
6014 Alviso Avenue
Sold
$770,000321,372$5610.9 mi
D
4581 Northridge Drive
Sold
$905,000221,310$6910.4 mi
E
5260 Parkglen Avenue
Sold
$900,000321,262$7130.3 mi
F
6030 Alviso Avenue
Pending
$735,000
List Price
311,297$5670.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1939, this property is explicitly listed as 'ALL CASH OFFERS ONLY DUE TO CONDITION' and requires 'some TLC,' indicating substantial repairs are needed. The bathroom is severely outdated with original-era pink and green tiling and fixtures, necessitating a complete renovation. The swimming pool is empty and requires significant repair. While the kitchen is described as updated, the overall condition and the 'all cash' requirement suggest deeper issues beyond cosmetic, making it uncomfortable and requiring substantial investment to bring it to modern standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Updated Kitchen

    The kitchen has been recently updated with new cabinets, countertops, and stainless-steel appliances, offering a modern and functional space.

  • Desirable Location

    Situated in the sought-after Windsor Hills neighborhood, known for its tree-lined streets, friendly community, and convenient access to local amenities and schools.

  • Classic Charm with Dual Fireplaces

    The residence boasts timeless architectural features, including cozy fireplaces in both the living room and the family room, adding character and warmth.

CONSRISKS & DEFICIENCIES

  • Recently Sold Property

    The property was recently sold within the past year on 2025-03-06. The sold price is $885,000.00.

  • Court Confirmation & All-Cash Requirement

    The property is subject to a court confirmation hearing, requiring all-cash offers and disallowing contingencies, significantly limiting the buyer pool.

  • Requires Significant Investment/TLC

    The property is explicitly stated to need 'some TLC' and the swimming pool requires repair, indicating additional investment will be necessary post-purchase.

About 5038 Inadale Avenue

COURT CONFIRMATION HEARING (see docs for Report of Sale) to be held FEBRUARY 7, 2025 at 8:30am IN DEPARTMENT 9 of Los Angeles Superior Court located at 111 North Hill Street. MINIMUM OVER-BID IS $929,750. ALL CASH OFFERS ONLY DUE TO CONDITION. No Contingencies allowed in court. This 2 bedroom 1 1/2 bath residence boasts timeless features and modern updates, making it the perfect place to call home. You can enjoy a cozy fireplace in both the living room and the family room where you have a view of the backyard through large French doors. The kitchen has been updated with new cabinets, countertops and stainless-steel appliances. The swimming pool, after repair, makes this a great back yard for entertaining. With some TLC this home is perfect for your buyer that wants it all. Windsor Hills is known for its tree-lined streets, friendly community, and convenient proximity to amenities. You'll find local parks, shopping centers, and excellent schools just a short drive away. Buyer to verify square footage (lot and structure) and all MLS information. Broker and broker's agents do not represent or guarantee the accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/ dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, or other information concerning the condition or features of the property. The buyer is advised to independently verify the accuracy of all information. Pool is empty and will not be filled.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1939
Lot Size
5,069 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Los Angeles Unified Schools

Windsor Hills Math Science

Grades K-5 • 0.3 mi

3/10

Fifty-Fourth Street Elementary School

Grades K-5 • 0.5 mi

2/10

Hillcrest Drive Elementary School

Grades K-5 • 1.2 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
25%
Baths2.02.0
50%
Square foot1,3731,446
44%
Lot Size5,0696,149
25%
Price$900.0K$850.0K
56%
Price per sq ft$655$623
58%
Built year19391926
74%
HOA$0$0
50%
Days on market654177
98%

Pricing History

Listed for Sale

Mar 3, 2026

$900,000

Initial Listing

Sold

Mar 6, 2025

$885,000

Public Record

Price Change

May 21, 2024

$1,050,000

Initial Listing

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