5817 Arroyo Drive, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 2 bath
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Los Angeles, California 90042
This Highland Park Single Family Residence is a Strong Value Opportunity, listed at $799,000—positioned well below the $846,307 Fair Market Value by 5%. This valuation gap offers $47,307 in Instant Equity. Featuring a Fair Condition Rating, the home includes owned solar and a finished detached studio. While the interior is move-in ready, the dated kitchen and baths provide room for value-add updates. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a versatile, well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5817 Arroyo Drive Subject | $799,000* List Price | 3 | 2 | 1,300 | $649 | - |
A 712 S Avenue 60 Sold | $975,000 | 3 | 2 | 1,254 | $778 | 0.5 mi |
B 231 S Avenue 58 Sold | $815,000 | 3 | 3 | 1,088 | $749 | 0.2 mi |
C 459 Holland Avenue Sold | $740,000 | 3 | 1 | 1,125 | $658 | 0.9 mi |
D 551 Kendall Avenue Active | $1,029,000 List Price | 3 | 2 | 1,327 | $775 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, the property has recent cosmetic updates including new vinyl flooring, fresh paint, and owned solar. However, the kitchen and bathrooms remain dated with older cabinetry and tile countertops (>20 years). The presence of window AC units suggests the lack of a modern central HVAC system, placing the core systems and wet areas in the 'Fair' category despite being move-in ready.
The property is ideally situated in a highly walkable and trendy neighborhood, offering easy access to the Metro Gold Line and the vibrant dining and shopping scenes on Figueroa and York.
The finished two-car detached garage provides a flexible bonus space currently used as a pottery studio, offering endless possibilities for a home office, creative retreat, or potential ADU conversion.
This move-in ready home features owned solar panels for reduced utility costs while beautifully preserving its 1940s charm through vaulted ceilings, original built-ins, and character tile.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1300, other record living area = 1060. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property does not offer any significant views, which may be a drawback for buyers specifically looking for the hillside or city vistas common in the Highland Park area.
At 1,300 square feet for a three-bedroom layout, the interior proportions may feel somewhat tight for families or buyers accustomed to more expansive living areas.
Updated Highland Park charmer that's move-in ready! 3 beds, 2 baths. Original character with vaulted ceilings, brick fireplace, built-ins throughout, and character tile bathrooms. Big upgrades include owned solar, new vinyl flooring, fresh paint inside and out, and French doors to the backyard with native landscaping and a private BBQ area. Finished 2-car detached garage currently used as a pottery studio- endless possibilities! Walk to the Metro Gold Line, minutes to DTLA, Old Town Pasadena, the 110, and all things cool on Figueroa and York. Must see!
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 | 1,300 | 1,672 |
| Lot Size | 5,517 | 6,067 |
| Price | $799.0K | $1.37M |
| Price per sq ft | $615 | $801 |
| Built year | 1947 | 1939 |
| HOA | $0 | $348 |
| Days on market | 47 | 56 |
Jun 5, 2026
$799,000
Initial Listing
Feb 3, 2016
$450,000
Public Record
May 1, 2006
$255,000
Public Record
Dec 2, 1999
$94,000
Public Record
Jan 15, 1998
$131,000
Public Record