5318 Irvington Place, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 1 bath
5318 Irvington Place
Los Angeles, California 90042
Property Price
SUMMARY
Analysis of 5318 Irvington Place, Los Angeles, California 90042 reveals a property with a current list price of $880,000, which is 11% above the estimated $778,479 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5318 Irvington Place Subject | $880,000* List Price | 2 | 1 | 900 | $865 | - |
A 5206 Raphael Street Sold | $803,000 | 2 | 1 | 1,040 | $772 | 0.2 mi |
B 5413 Meridian Street Sold | $1,035,000 | 3 | 1 | 1,040 | $995 | 0.4 mi |
C 4917 Lincoln Avenue Sold | $1,040,000 | 2 | 1 | 962 | $1,081 | 0.6 mi |
D 225 Branch Street Sold | $730,000 | 2 | 1 | 737 | $991 | 0.9 mi |
E 5512 Stratford Road Sold | $775,000 | 2 | 1 | 990 | $783 | 0.5 mi |
F 1024 Farnam Street Sold | $825,000 | 2 | 1 | 963 | $857 | 0.5 mi |
G 322 N Avenue 56 Active | $650,000 List Price | 2 | 1 | 936 | $694 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1911, this property is over 100 years old. While it retains some original Craftsman charm, the visible condition of the kitchen is extremely outdated with minimal cabinetry and basic appliances, requiring substantial rehabilitation. The backyard is in a state of significant disrepair and clutter, indicating extensive deferred maintenance. The age of the home suggests major systems (plumbing, electrical, HVAC) are likely original or very old and will require significant upgrades and repairs, aligning with the 'poor' condition criteria for substantial rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- Historic Craftsman Charm
The home retains its original character details, including a cozy fireplace and a classic Jack and Jill bathroom, appealing to buyers seeking unique, period architecture.
- Prime Highland Park Location
Nestled in the heart of Highland Park, the property is just blocks from vibrant York Boulevard, offering convenient access to local shops, coffee spots, and diverse cuisine.
- Significant Expansion Potential
A spacious backyard provides ample opportunity for entertaining, gardening, or future expansion, including the potential for an Accessory Dwelling Unit (ADU).
CONSRISKS & DEFICIENCIES
- Limited Interior Space
With only 900 sqft and a 2-bedroom, 1-bathroom configuration, the property offers relatively small living quarters, which may not suit all buyer needs.
- Advanced Age of Structure
Built in 1911, the home's age suggests potential for outdated major systems (e.g., plumbing, electrical, HVAC) and ongoing maintenance requirements, which could incur significant costs.
- Potentially Overpriced
The current listing price is 10% higher than the property's estimated value, indicating it may be priced aggressively compared to current market data.
About 5318 Irvington Place
Charming Historical Craftsman Home This delightful two-bedroom, one-bathroom Craftsman-style home features original character details, including a cozy fireplace in the living room and a classic Jack and Jill bathroom. The functional layout includes a convenient laundry area adjacent to the kitchen. A private driveway leads to a spacious backyard brimming with potential—ideal for entertaining, gardening, or future expansion, ADU, ETC. Nestled in the heart of Highland Park, this home is just blocks from vibrant York Boulevard, where you’ll find local shops, coffee spots, a kid-friendly playground, and an array of multicultural cuisine on York Blvd.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1911
- Lot Size
- 4,803 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 36% |
| Baths | 1.0 | 2.0 | 27% |
| Square foot | 900 | 1,350 | 10% |
| Lot Size | 4,803 | 5,401 | 31% |
| Price | $880.0K | $1.20M | 25% |
| Price per sq ft | $978 | $883 | 66% |
| Built year | 1911 | 1925 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 248 | 176 | 88% |
Pricing History
Listed for Sale
Jul 1, 2025
$880,000
Initial Listing
Sold
Sep 24, 2002
$173,000
Public Record