5240 Via San Delarro, Los Angeles, California 90022, Los Angeles, 90022 - 0 bed, 0 bath
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5240 Via San Delarro
Los Angeles, California 90022
ACTIVE
CONDITION: POOR
0Beds
0Baths
2,769Sq Ft
6,278Lot Size
Property Price
LIST PRICE$1,200,000
EST. MARKET VALUE
$1,004,272
19% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned well above the $1,004,272 Fair Market Value by -19%. As a Quadruplex, this asset offers four distinct income streams in a high-density rental market. Given its Condition Rating of 5, the property requires significant capital improvements to modernize aging infrastructure. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers focused on long-term cash flow and forced appreciation through renovation.
Estimated Market Value
$1,004,272
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 |
|---|---|---|---|---|---|---|
★ 5240 Via San Delarro Subject | $1,200,000* List Price | 0 | 0 | 2,769 | $363 | - |
A 506 S Kern Avenue Active | $1,145,000 List Price | 0 | 0 | 2,770 | $413 | 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.
The property was built in 1947 (79 years old) and shows no evidence of major recent renovations. Based on the provided criteria for age (>30 years), the property likely requires a full rehab. The exterior displays dated aluminum windows and sparse landscaping, suggesting that interior kitchens, bathrooms, and core systems like HVAC and electrical are likely original or significantly outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Family Investment Opportunity
As a quadruplex, this property offers a versatile investment vehicle that qualifies for residential financing while providing four distinct income streams to maximize cash flow.
- Competitive Price Per Unit
At a list price of $1.2 million, the cost per unit is highly attractive for the Los Angeles market, offering a lower barrier to entry for investors seeking multi-family assets.
- High-Demand Rental Location
Situated in the 90022 zip code, the property is located in a high-density area with historically strong rental demand and low vacancy rates, ensuring consistent occupancy.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2769, other record living area = 2672.
- Vintage Infrastructure
Built in 1947, the property likely requires significant capital improvements to modernize aging systems such as plumbing, electrical, and roofing to meet current standards.
- Lack of Aesthetic Views
The property lacks any significant views, which may limit its appeal to premium tenants compared to nearby properties with hillside or city light perspectives.
About 5240 Via San Delarro
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1947
- Lot Size
- 6,278 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,769 | 2,187.451 |
| Lot Size | 6,278 | 5,841.385 |
| Price | $1.20M | $841.5K |
| Price per sq ft | $433 | $385 |
| Built year | 1947 | 1928 |
| HOA | $0 | $0 |
| Days on market | 11 | 85 |
Pricing History
Listed for Sale
Aug 29, 2026
$1,200,000
Initial Listing
Sold
Apr 15, 2002
$260,000
Public Record