
Los Angeles, California 90042
This property represents a High-Potential Investment Opportunity, listed at a List Price of $390,000—positioned at its $390,000 Fair Market Value. While the unit maintains a Fair Condition Rating with dated finishes, its prime Highland Park location and functional 2-bed, 2-bath layout provide a stable foundation for value-add renovations. The property offers a rare entry-level price point in a high-demand market, making it a strategic acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5840 Benner 102 Subject | $390,000* List Price | 2 | 2 | 753 | $518 | - |
A 5840 Benner 201 Sold | $420,000 | 2 | 2 | 753 | $558 | 0.0 mi |
B 5840 Benner 301 Sold | $410,000 | 2 | 2 | 753 | $544 | - |
C 898 Temple 125 Sold | $475,000 | 2 | 1 | 924 | $514 | 0.7 mi |
D 4499 Via Marisol 330 Sold | $429,000 | 1 | 1 | 795 | $540 | 0.7 mi |
E 4499 Via Marisol 240 Sold | $450,000 | 2 | 2 | 1,038 | $434 | 0.7 mi |
F 5860 Benner Pending | $375,000 List Price | 2 | 2 | 753 | $498 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is over 45 years old. The kitchen features dated shaker-style cabinetry and older white electric appliances (coil stove) likely from a 15-20+ year old renovation. While functional and move-in ready, the unit requires cosmetic updates and modernization of systems to meet current standards.
Priced at $390,000 for a 2-bedroom, 2-bathroom unit, this property offers a rare entry-level price point for the Los Angeles market, making it highly attractive to first-time buyers and investors.
Situated in the trendy and high-demand Highland Park neighborhood, the property benefits from proximity to popular dining, nightlife, and easy commuting access to Downtown LA and Pasadena.
The 2-bed, 2-bath configuration provides maximum utility and privacy within 753 square feet, offering a desirable layout for roommates or small families that is often hard to find in this price bracket.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =311665, other record lot size in square feet = 311572.
The $490 monthly association fee is relatively high in proportion to the listing price, which may impact a buyer's debt-to-income ratio and overall monthly affordability.
With 70 days on the market in a competitive area, the property has surpassed the local average turnover time, which may suggest the need for interior modernizations or potential buyer concerns regarding the complex.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 753 | 1,219.385 |
| Lot Size | 311,665 | 27,236.074 |
| Price | $390.0K | $800.2K |
| Price per sq ft | $518 | $650 |
| Built year | 1979 | 1979 |
| HOA | $490.0 | $685 |
| Days on market | 85 | 72 |
Jun 16, 2026
$390,000
Initial Listing
Feb 14, 1990
$21,000
Public Record