5102 Cimarron Street, Los Angeles, California 90062, Los Angeles, 90062 - 2 bed, 1 bath
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Los Angeles, California 90062
This 1912 California Bungalow Value-Add Asset is listed at $700,000, representing a strategic acquisition price relative to its $635,691 Fair Market Value based on significant development upside. Currently holding a Condition Rating of 5, the "as-is" property requires comprehensive interior modernization but offers structural peace of mind with a newer roof. The generous 5,207 sq ft lot provides a clear path to forced appreciation through an Accessory Dwelling Unit (ADU) or footprint expansion. Located near USC and DTLA, this is an ideal high-upside project for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5102 Cimarron Street Subject | $700,000* List Price | 2 | 1 | 1,183 | $551 | - |
A 4929 S Gramercy Place Sold | $685,000 | 3 | 2 | 1,402 | $489 | 0.1 mi |
B 4822 Cimarron Street Sold | $685,000 | 3 | 2 | 1,330 | $515 | 0.2 mi |
C 1445 W 55th St Sold | $607,000 | 3 | 2 | 1,087 | $558 | 0.9 mi |
D 1497 W 47th Street Sold | $530,000 | 2 | 1 | 816 | $650 | 0.8 mi |
E 4414 S Van Ness Avenue Active | $834,000 List Price | 2 | 1 | 1,294 | $645 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1912 and sold in 'as-is' condition, this property requires substantial rehabilitation. While the roof is relatively new (3 years old), the interior features a significantly outdated kitchen with aged cabinetry and appliances, and a bathroom that has not been modernized in decades. The presence of original but worn Craftsman details, combined with the 'as-is' sale and restricted access, suggests deferred maintenance and the need for major system overhauls (electrical, plumbing, and interior finishes) to meet current standards.
Ideally situated near USC, Exposition Park, and Downtown Los Angeles, offering high demand and excellent accessibility for commuters and students.
This 1912 California Bungalow retains original Craftsman details and features a newer roof replaced approximately three years ago, providing immediate structural value.
The generous 5,207 sq ft lot offers significant opportunity for footprint expansion, outdoor living enhancements, or the addition of an Accessory Dwelling Unit (ADU).
The property is sold in as-is condition with restricted access (do not disturb occupants), suggesting potential deferred maintenance or the need for significant renovation capital.
With only one bathroom serving a 1,183 sq ft two-bedroom home, the layout may require reconfiguration to meet modern buyer expectations and maximize market value.
Charming 1912 California Bungalow located in the historic St. Vincent College Tract. This single-story home features 2 spacious bedrooms, 1 bath, and original Craftsman details including a welcoming front porch and abundant natural light. The roof was replaced approximately 3 years ago, offering peace of mind and added value. Situated on a generous 5,207 sq ft lot with potential for expansion or outdoor living upgrades. Centrally located near USC, Exposition Park, and DTLA, with convenient access to transit and amenities. Property sold as-is. Do not disturb occupants. Showings by appointment only.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 21% |
| Baths | 1.0 | 2.0 | 44% |
| Square foot | 1,183 | 1,395.5 | 32% |
| Lot Size | 5,207 | 5,409 | 41% |
| Price | $700.0K | $710.0K | 47% |
| Price per sq ft | $592 | $565 | 62% |
| Built year | 1912 | 1913 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 238 | 202 | 71% |
Aug 27, 2025
$700,000
Initial Listing