
Los Angeles, California 90043
This Probate Value-Add Asset is listed at $720,000, aligning with its $680,731 Fair Market Value based on local comparable demand for renovation projects. Carrying a Condition Rating of 5, the 1923 structure requires a comprehensive rehabilitation but offers significant forced appreciation potential through the 6,478 sq. ft. lot and detached garage with ADU potential. The administrator holds Full Authority, ensuring a streamlined transaction without court confirmation. Located near the top-rated Middle College High School, this is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5157 Arlington Subject | $720,000* List Price | 3 | 2 | 1,596 | $434 | - |
A 5017 5th Avenue Sold | $710,000 | 3 | 2 | 1,434 | $495 | 0.3 mi |
B 3439 W 59th Place Sold | $650,000 | 3 | 2 | 1,734 | $375 | 1.0 mi |
C 6316 8th Avenue Sold | $610,000 | 3 | 2 | 1,402 | $435 | 1.0 mi |
D 4933 7th Avenue Sold | $560,000 | 3 | 1 | 1,333 | $420 | 0.4 mi |
E 5311 6th Avenue Active | $698,000 List Price | 3 | 2 | 1,305 | $535 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923, this probate property is being sold as-is and requires significant repairs and modernization. The kitchen and bathrooms are severely outdated with old cabinetry and fixtures. The listing description explicitly states the home needs repairs and updating, and the property analysis notes that the condition may complicate traditional financing, indicating substantial deferred maintenance.
High School: Middle College High School (9/10).
The property features a large 6,478 sq. ft. lot with a detached garage, offering a prime opportunity for an Accessory Dwelling Unit (ADU) to increase total square footage and rental income.
The administrator has full authority and no court confirmation is required, ensuring a faster and more predictable closing process compared to traditional probate sales.
The property requires significant repairs and updating and is being sold strictly as-is, which may complicate traditional financing and require substantial immediate capital.
The assigned public schools in the immediate vicinity carry low ratings (1-3 out of 10), which may limit appeal for families and impact long-term resale value.
**Probate** Administrator has Full Authority! Great opportunity to own a 3-bedroom, 2 bath home in Los Angeles. Built in 1923 with 1,596 sq. ft of living space on a 6,478 sq. ft lot. Large lot includes a detached garage with possible ADU potential (buyer to verify). Home needs repairs and updating, but offers excellent potential for investors or buyers looking to add value. Sold as-as (no repairs). No court confirmation required. Buyer to verify all information.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,596 | 1,470.5 | 61% |
| Lot Size | 6,478 | 6,294 | 56% |
| Price | $720.0K | $850.0K | 28% |
| Price per sq ft | $451 | $622 | 12% |
| Built year | 1923 | 1926 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 165 | 3% |
Mar 9, 2026
$720,000
Initial Listing
Sep 8, 1993
$103,000
Public Record