5038 Inadale Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 2 bed, 2 bath
Loading property details...
Los Angeles, California 90043
This Value-Add Probate Opportunity is listed at $900,000, currently positioned above the $843,888 Fair Market Value. Featuring a Condition Rating of 5, the property requires an all-cash purchase and significant TLC, specifically regarding the Swimming Pool and outdated systems. Despite the court-confirmation requirement, the Updated Kitchen, Dual Fireplaces, and proximity to Windsor Hills Math Science school offer a clear path to value-add appreciation. This is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on the prestigious Windsor Hills market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5038 Inadale Avenue Subject | $900,000* List Price | 2 | 2 | 1,373 | $622 | - |
A 4237 W 59th Place Sold | $775,000 | 3 | 1 | 1,632 | $475 | 0.7 mi |
B 5709 Alviso Avenue Sold | $810,000 | 3 | 2 | 1,429 | $567 | 0.6 mi |
C 4472 W 62nd Street Sold | $801,000 | 2 | 1 | 1,285 | $623 | 0.9 mi |
D 4581 Northridge Drive Sold | $905,000 | 2 | 2 | 1,310 | $691 | 0.4 mi |
E 5260 Parkglen Avenue Sold | $900,000 | 3 | 2 | 1,262 | $713 | 0.3 mi |
F 6030 Alviso Avenue Pending | $735,000 List Price | 3 | 1 | 1,297 | $567 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
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 The bathroom is severely outdated with original-era pink and green tiling and fixtures, necessitating a complete renovation.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.
The kitchen has been recently updated with new cabinets, countertops, and stainless-steel appliances, offering a modern and functional space.
Situated in the sought-after Windsor Hills neighborhood, known for its tree-lined streets, friendly community, and convenient access to local amenities and schools.
The residence boasts timeless architectural features, including cozy fireplaces in both the living room and the family room, adding character and warmth.
The property was recently sold within the past year on 2025-03-06. The sold price is $885,000.00.
The property is subject to a court confirmation hearing, requiring all-cash offers and disallowing contingencies, significantly limiting the buyer pool.
The property is explicitly stated to need 'some TLC' and the swimming pool requires repair, indicating additional investment will be necessary post-purchase.
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.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 26% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,373 | 1,430 | 46% |
| Lot Size | 5,069 | 6,264 | 23% |
| Price | $900.0K | $850.0K | 56% |
| Price per sq ft | $655 | $623 | 60% |
| Built year | 1939 | 1926 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 701 | 169 | 99% |
Mar 3, 2026
$900,000
Initial Listing
Mar 6, 2025
$885,000
Public Record
May 21, 2024
$1,050,000
Initial Listing