5139 Irvington Place, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 1 bath
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5139 Irvington Place
Los Angeles, California 90042
ACTIVE
CONDITION: POOR
3Beds
1Baths
864Sq Ft
5,111Lot Size
Property Price
LIST PRICE$789,000
EST. MARKET VALUE
$830,271
4% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $789,000—positioned well below the $830,272 Fair Market Value by 4%. This valuation gap offers $41,272 in Instant Equity for buyers. With a Condition Rating of 5, the home requires significant rehabilitation, yet its Prime Highland Park Location and Scenic Hillside Views provide a solid foundation for value-add projects. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to maximize returns in a high-demand NELA neighborhood.
Estimated Market Value
$830,271+$41,271 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5139 Irvington Place Subject 3 bd · 1 ba · 864 sqft · $961 | $789,000* List Price | 3 | 1 | 864 | $961 | - |
A 1418 N Avenue 55 Sold 2 bd · 1 ba · 1,042 sqft · $955 · 0.6 mi | $995,000 | 2 | 1 | 1,042 | $955 | 0.6 mi |
B 240 N Avenue 49 Pending 2 bd · 1 ba · 1,041 sqft · $705 · 0.7 mi | $734,000 List Price | 2 | 1 | 1,041 | $705 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1926, this 98-year-old property is explicitly marketed as needing 'TLC' and rehabilitation to add value. While the interior shows minor cosmetic updates like recessed lighting, the exterior exhibits significant deferred maintenance, including cracked masonry, worn porch supports, and a tarp-covered outbuilding, indicating the need for major system and structural updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Highland Park Location
Situated in one of Northeast LA's most sought-after neighborhoods, the property offers exceptional walkability to the trendy cafes, dining, and boutique shops along York Boulevard.
- Significant Value-Add Potential
As a 'fixer' in a high-demand area, this property presents a prime opportunity for investors or homeowners to build equity through renovation and customization.
- Scenic Hillside Views
The home features desirable hillside views and excellent natural light, providing an elevated aesthetic that enhances the overall appeal of the lot.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5111, other record lot size in square feet = 5209.
- Limited Square Footage
At only 864 square feet for a three-bedroom configuration, the living spaces may feel cramped and may require a creative layout reconfiguration.
- Deferred Maintenance
The property is explicitly noted as needing 'TLC,' indicating that significant immediate capital investment will be required for repairs and modernization.
About 5139 Irvington Place
Priced perfectly for buyers seeking potential and location. Discover this charming single story home in a prime Highland Park location with hillside views and approx. 864 sq ft of living space. Features 3 bedrooms, 1 bathroom, plus an exterior guest bath. Recessed lighting, great natural light, and a functional layout. Just moments from York Blvd’s cafés, dining, and boutique shops. Easy access to the 110. Home needs TLC—ideal opportunity to add value and customize in one of NELA’s most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 5,111 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 864 | 1,670.836 |
| Lot Size | 5,111 | 6,152.156 |
| Price | $789.0K | $1.34M |
| Price per sq ft | $913 | $807 |
| Built year | 1926 | 1941 |
| HOA | $0 | $238 |
| Days on market | 26 | 56 |
Pricing History
Listed for Sale
Oct 14, 2026
$789,000
Initial Listing