5139 Loleta, Los Angeles, California 90041, Los Angeles, 90041 - 3 bed, 2 bath
Loading property details...
Los Angeles, California 90041
This property presents a High-Potential Investment Opportunity with a List Price of $860,000—positioned well above the $758,929 Fair Market Value by -13%. Featuring a Condition Rating of 5, this probate fixer requires a comprehensive renovation to address unpermitted living spaces and deferred maintenance. Located in the heart of Eagle Rock near top-rated schools like Delevan Drive Elementary, the asset offers significant upside for Fix-and-Flip Investors or Contractors capable of navigating the shared driveway easement and permitting requirements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5139 Loleta Subject | $860,000* List Price | 3 | 2 | 921 | $824 | - |
A 1597 Fair Park Avenue Sold | $875,000 | 2 | 1 | 1,150 | $761 | 0.5 mi |
B 4868 La Roda Active | $892,000 List Price | 3 | 1 | 765 | $1,166 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922, this century-old 'probate fixer' is explicitly marketed for investors and requires a full rehab. The presence of unpermitted living spaces, a 'sold as-is' mandate, and visible exterior neglect in photos suggest significant deferred maintenance and likely outdated systems (HVAC/Electric) and kitchen/baths.
Elementary School: Delevan Drive Elementary School (9/10).
Situated in the heart of the highly desirable Eagle Rock neighborhood, the property is exceptionally close to top-rated schools, including Dahlia Heights Elementary and Eagle Rock High School.
As a probate fixer-upper, this property offers a prime opportunity for investors or developers to capitalize on high market demand through a complete renovation and modernization.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
The lower level includes two bedrooms and a bathroom that are unpermitted, which poses significant risks for financing and may require costly legal remediation.
The property is located behind another home and relies on a shared driveway easement, which limits privacy and may deter buyers looking for a traditional street-facing residence.
Investors dream, welcome to this Probate fixer in the heart of Eagle Rock, this 3 bedroom 1.5 bath home has a lot of potential, has a back porch, plenty of storage , bring you imagination and tools. This home sits in the back of a front house, there is an easement with a very long driveway, you can park in the back pass the gate. A big front yard, the bottom half of the house has 2 bedrooms, and a bath unpermitted. Do your own diligent. Sold as is NO REPAIRS!! In the process of some clean up too much junk and trash for any movement , First showing this Friday only, property has too much stuff and junk, ladies please no heels. Broker's open 11am to 2pm July 10,2026 Bring your imagination!
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 921 | 1,672 |
| Lot Size | 4,447 | 6,067 |
| Price | $860.0K | $1.37M |
| Price per sq ft | $934 | $801 |
| Built year | 1922 | 1939 |
| HOA | $0 | $348 |
| Days on market | 29 | 56 |
Jun 23, 2026
$860,000
Initial Listing