5233 Irvington, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 2 bath
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Los Angeles, California 90042
This property presents a High-Potential Investment Opportunity with a List Price of $915,000—positioned well below the $949,276 Fair Market Value by 3%. This valuation gap offers $34,276 in Instant Equity for buyers. With a Condition Rating of 5, the home requires significant renovation, providing a blank canvas for value-add strategies. Located in the desirable Highland Park area, this 3-bedroom, 2-bathroom asset is ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build long-term wealth through strategic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5233 Irvington Subject | $915,000* List Price | 3 | 2 | 1,258 | $755 | - |
A 5117 Stratford Road Sold | $1,125,000 | 3 | 1 | 1,286 | $875 | 0.5 mi |
B 5131 San Rafael Avenue Sold | $930,000 | 3 | 2 | 1,632 | $570 | 0.2 mi |
C 1469 1469 Armadale Ave Avenue Sold | $1,150,000 | 2 | 1 | 1,238 | $929 | 0.7 mi |
D 1418 N Avenue 55 Pending | $699,000 List Price | 2 | 1 | 1,042 | $671 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1928 (96 years old) with no mention of recent renovations. The listing explicitly states the property 'needs TLC' and is being sold 'as-is' as a trust sale, indicating significant deferred maintenance and the need for a full rehab to address dated systems and potential structural/safety issues.
Situated in the highly desirable 90042 zip code, this property offers excellent proximity to trendy shopping, local amenities, and schools in a rapidly appreciating market.
As a Trust Sale requiring TLC, this home presents a prime opportunity for investors or owner-occupants to build substantial sweat equity through strategic renovations.
The 3-bedroom, 2-bathroom configuration is a highly sought-after layout for the area, providing a versatile foundation for modern living or rental purposes.
The property is being sold in its present condition and requires noticeable repairs, which may limit financing options and necessitate immediate capital expenditure.
Given the 1928 construction date, the home likely features aged systems and structural elements that may require costly updates to meet modern building standards.
Trust Sale. Great opportunity on this 3-bedroom, 2-bathroom home. Property needs some TLC and offers tremendous potential for buyers looking to customize or invest. Conveniently located near schools, shopping, and local amenities. Property being sold in its present “as-is” condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,258 | 1,672 |
| Lot Size | 5,844 | 6,067 |
| Price | $915.0K | $1.37M |
| Price per sq ft | $727 | $801 |
| Built year | 1928 | 1939 |
| HOA | $0 | $348 |
| Days on market | 3 | 56 |
Jul 22, 2026
$915,000
Initial Listing