5136 Noble Avenue, Los Angeles, California 91403, Los Angeles, 91403 - 2 bed, 1 bath
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Los Angeles, California 91403
This property represents a High-Potential Investment Opportunity, listed at a List Price of $1,299,000—positioned well above the $1,069,428 Fair Market Value by -21%. Featuring RTI (Ready-to-Issue) plans for a 3,800 sq. ft. residence and ADU, the asset is intended for redevelopment rather than occupancy. With a Condition Rating of 6, the current structure serves as a placeholder for the land value. This project is a strategic acquisition for Real Estate Developers and Professional Builders seeking to capitalize on the high-demand 91403 market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5136 Noble Avenue Subject | $1,299,000* List Price | 2 | 1 | 1,006 | $1,063 | - |
A 5136 Noble Ave Sold | $1,080,000 | 2 | 1 | 1,006 | $1,074 | 0.0 mi |
B 14813 Hartsook Sold | $1,033,500 | 2 | 2 | 1,056 | $979 | 0.3 mi |
C 14822 Otsego Street Sold | $1,256,250 | 2 | 1 | 1,094 | $1,148 | 0.3 mi |
D 15419 Dickens Sold | $1,200,000 | 2 | 1 | 1,204 | $997 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1941 with no evidence of renovation, this property is explicitly marketed to developers and investors for its land value. The inclusion of RTI plans for a new 3,800 sq. ft. residence confirms the current structure is intended for demolition.
The property includes Ready-to-Issue plans for a 3,800 sq. ft. residence plus an ADU, significantly reducing the entitlement timeline and architectural costs for the buyer.
Situated in the highly desirable 91403 zip code, the property benefits from strong comparable sales and high demand for luxury new-construction homes.
The generous 6,752 sq. ft. lot and the ability to build a large primary residence with a secondary unit offer substantial value-add potential for investors and developers.
The property was recently sold within the past year on 2026-04-08. The sold price is $1,080,000.00.
At nearly $1.3M for a 1,006 sq. ft. original 1941 home, the value is strictly in the land and plans, making it unsuitable for traditional move-in buyers.
Beyond the purchase price, the buyer must have significant liquidity to fund the ground-up construction of the proposed 3,800 sq. ft. residence and ADU.
Attention developers, builders, and investors this is the opportunity you've been waiting for. Property comes with RTI (Ready-to-Issue) plans for an approximately 3,800 sq. ft. residence plus an ADU, offering tremendous value and upside potential. Located in a highly desirable neighborhood with strong comparable sales, this property presents an exceptional investment opportunity. The generous lot size and spacious backyard provide flexibility and appeal for future homeowners, making this project stand out from the competition. Whether you're looking for your next development project or a high-potential investment, this property checks all the boxes. Opportunities like this don't come around often!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,006 | 1,672 |
| Lot Size | 6,752 | 6,067 |
| Price | $1.30M | $1.37M |
| Price per sq ft | $1.3K | $801 |
| Built year | 1941 | 1939 |
| HOA | $0 | $348 |
| Days on market | 2 | 56 |
Jul 20, 2026
$1,299,000
Initial Listing
Apr 8, 2026
$1,080,000
Public Record