5233 Lockhaven Avenue, Los Angeles, California 90041, Los Angeles, 90041 - 3 bed, 1 bath
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Los Angeles, California 90041
This property presents a High-Potential Investment Opportunity with a List Price of $998,000—positioned above the $970,010 Fair Market Value. While the property requires a comprehensive overhaul due to its Condition Rating of 5, the 6,649-square-foot lot and prime Eagle Rock location offer significant upside for forced appreciation. Proximity to top-rated schools like Delevan Drive Elementary (9/10) adds long-term stability to the asset. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors capable of executing a full-scale renovation to unlock the home's classic 1921 character.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5233 Lockhaven Avenue Subject | $998,000* List Price | 3 | 1 | 1,172 | $828 | - |
A 2019 Addison Sold | $1,100,000 | 2 | 2 | 1,610 | $683 | 1.0 mi |
B 5231 Rockland Avenue Active Under Contract | $999,999 List Price | 2 | 1 | 1,064 | $940 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921 and described as a 'total fixer,' this property requires a complete rehab. Interior images reveal significant neglect, including exposed plumbing and missing tiles in the bathroom, boarded-up windows with visible water damage, and original 100-plus-year-old character that has not been updated in decades.
Elementary School: Delevan Drive Elementary School (9/10).
Situated north of Colorado Boulevard in one of the neighborhood's most desirable pockets, this property offers exceptional long-term value and proximity to top-rated schools like Eagle Rock Elementary.
The generous 6,649-square-foot lot and detached garage provide a blank canvas for expansion, professional landscaping, or the addition of an ADU to maximize the property's investment return.
As a 'total fixer,' the property requires a substantial capital investment and a comprehensive overhaul to address deferred maintenance and modernize the systems and finishes.
The current 3-bedroom, 1-bathroom configuration is functionally outdated for modern buyer expectations, likely necessitating a layout reconfiguration to add a primary suite or second bath.
Nestled north of Colorado Boulevard in one of Eagle Rock's most sought-after neighborhoods, this charming 1921 residence presents an exceptional opportunity to restore, renovate, and reimagine. Offering 3 bedrooms, 1 bathroom, and 1,172 square feet of living space on a generous 6,649-square-foot lot, this home is brimming with potential. Featuring great bones and classic character, this total fixer is ready for an investor's vision or a buyer eager to create a custom dream home. The property also includes a detached one-car garage and ample outdoor space with endless possibilities for expansion, landscaping, or outdoor entertaining. Bring your imagination and unlock the tremendous potential of this rare Eagle Rock opportunity.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 1,172 | 1,659 | 16% |
| Lot Size | 6,649 | 7,021 | 38% |
| Price | $998.0K | $1.39M | 11% |
| Price per sq ft | $852 | $906 | 43% |
| Built year | 1921 | 1925 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 138 | 3% |
May 30, 2026
$998,000
Initial Listing