5262 Remstoy Drive, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 1 bath
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Los Angeles, California 90032
This Value-Add Residential Project presents a High-Potential Investment Opportunity with a List Price of $600,000, representing a fair entry point at its $600,000 Fair Market Value. Currently holding a Condition Rating of 5, the 840-square-foot home requires a full interior rehabilitation to capture the significant upside potential inherent in the El Sereno market. Located within the Los Angeles Unified School District, the property offers strategic proximity to Pasadena and Downtown LA. This acquisition is ideal for Fix-and-Flip Investors or Contractors ready to execute a high-margin renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5262 Remstoy Drive Subject | $600,000* List Price | 2 | 1 | 840 | $714 | - |
A 3233 Dorchester Avenue Sold | $575,000 | 2 | 1 | 764 | $753 | 1.0 mi |
B 4211 Lowell Avenue Sold | $760,000 | 3 | 1 | 935 | $813 | 0.3 mi |
C 5301 Huntington N Drive Active | $700,000 List Price | 2 | 1 | 850 | $824 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1945, this property is explicitly marketed as an investor 'project' requiring significant updating and rehabilitation. The description and price history indicate substantial deferred maintenance, with the home needing a full remodel of the kitchen, bathroom, and major systems to be brought up to modern standards.
Situated in the high-demand El Sereno area just blocks from South Pasadena, the property offers excellent proximity to Downtown LA, Pasadena, and Burbank.
The property presents a significant value-add opportunity for investors or flippers to capitalize on a substantial upside once the home is fully remodeled.
The home is ideally located near local parks, schools, and public transportation, enhancing its appeal for future residents and commuters.
The property is in need of significant updating and repairs to reach its full potential, requiring a substantial upfront capital investment.
With only 840 square feet of living area, the compact 2-bedroom, 1-bathroom layout may limit appeal for buyers seeking more spacious modern accommodations.
Home for Sale. Attention investors: Here is an opportunity to purchase your next project. This home is in need of updating to bring it back to it's potential. There is a huge upside potential, once home is remodeled. Home in located in the high demand area of El Sereno, just a couple of blocks from South Pasadena. Location id ideal since it's located a short drive to Downtown Los Angeles, Pasadena and Burbank. There is a park near by and schools and public transportation are near by as well.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 840 | 1,223 | 13% |
| Lot Size | 4,676 | 5,403 | 16% |
| Price | $600.0K | $862.5K | 10% |
| Price per sq ft | $714 | $698 | 57% |
| Built year | 1945 | 1942 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 271 | 180 | 90% |
Dec 2, 2025
$600,000
$625,000
-4% Price Drop
Initial Listing
Oct 18, 2025
$625,000
$645,000
-3% Price Drop
Initial Listing
Sep 19, 2025
$645,000
$660,000
-2% Price Drop
Initial Listing
Aug 19, 2025
$660,000
Initial Listing
Jul 25, 2025
$675,000
Initial Listing