5460 Dobbs Street 88, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 2 bath
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5460 Dobbs Street 88
Los Angeles, California 90032
ACTIVE
CONDITION: POOR
2Beds
2Baths
813Sq Ft
59,528Lot Size
Property Price
LIST PRICE$399,000
EST. MARKET VALUE
$405,984
SUMMARY
This 2-bedroom condominium represents a High-Potential Investment Opportunity, listed at a List Price of $399,000—positioned well below the $405,984 Fair Market Value by 1.7%. This valuation gap offers $6,984 in Instant Equity for the buyer. With a Condition Rating of 5, the property is outdated and requires rehabilitation, providing a clear path for value-add improvements. Located near El Sereno Middle School, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the Los Angeles market.
Estimated Market Value
$405,984
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 |
|---|---|---|---|---|---|---|
★ 5460 Dobbs Street 88 Subject 2 bd · 2 ba · 813 sqft · $499 | $399,000* List Price | 2 | 2 | 813 | $499 | - |
A 5465 Bohlig 115 Active 2 bd · 2 ba · 813 sqft · $565 | $459,000 List Price | 2 | 2 | 813 | $565 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1983, this 43-year-old property falls into the >30y category. With no evidence of recent renovations to the kitchen, baths, or major systems, the property is considered outdated and likely requires significant rehabilitation to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Affordable Entry Point
Priced at $399,000, this 2-bedroom condo represents an exceptional value proposition for first-time homebuyers or investors looking to enter the competitive Los Angeles real estate market.
- Low Association Fees
The monthly HOA fee of $275 is notably lower than many comparable complexes in the area, significantly improving monthly affordability and overall carrying costs.
- Proximity to Education
The property is conveniently located within a mile of El Sereno Middle School and close to other local schools, making it a practical choice for families with school-aged children.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With only 813 square feet for a two-bedroom, two-bathroom unit, the interior living space is relatively small and may feel restrictive for those requiring more room or storage.
- Lack of Scenic Views
The unit is noted as having no views, which may impact its competitive appeal compared to other residences in the hilly El Sereno neighborhood that offer city or canyon vistas.
About 5460 Dobbs Street 88
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
- Condominium
- Year Built
- 1983
- Lot Size
- 59,528 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $275.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
City Terrace Elementary School
Grades K-5 • 1.1 mi
6/10
El Sereno Middle School
Grades 6-8 • 0.9 mi
5/10
Woodrow Wilson Senior High School
Grades 9-12 • 1.3 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 813 | 1,252.996 |
| Lot Size | 59,528 | 26,029.603 |
| Price | $399.0K | $778.5K |
| Price per sq ft | $491 | $629 |
| Built year | 1983 | 1981 |
| HOA | $275.0 | $676 |
| Days on market | 16 | 74 |
Pricing History
Listed for Sale
Oct 24, 2026
$399,000
Initial Listing
Sold
Dec 23, 1998
$66,000
Public Record