5840 Benner Street 205, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 2 bath
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5840 Benner Street 205
Los Angeles, California 90042
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
2Beds
2Baths
753Sq Ft
311,665Lot Size
Property Price
LIST PRICE$399,000
EST. MARKET VALUE
$425,000
6% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at a List Price of $425,000—positioned well below the $448,980 Fair Market Value by 5%. This valuation gap provides $23,980 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit includes a refreshed kitchen and wood-style flooring. With community amenities like a swimming pool and private balcony, this property is an ideal fit for first-time buyers or owner-occupants seeking a move-in-ready home in vibrant Highland Park.
Estimated Market Value
$425,000+$26,000 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 5840 Benner Street 205 Subject 2 bd · 2 ba · 753 sqft · $564 | $399,000* List Price | 2 | 2 | 753 | $564 | - |
A 5036 Echo Street 408 Sold 1 bd · 1 ba · 673 sqft · $632 · 0.6 mi | $425,000 | 1 | 1 | 673 | $632 | 0.6 mi |
B 5036 Echo Street 201 Sold 1 bd · 1 ba · 673 sqft · $594 · 0.6 mi | $400,000 | 1 | 1 | 673 | $594 | 0.6 mi |
C 4200 Via Arbolada 207 Sold 2 bd · 1 ba · 859 sqft · $547 · 0.7 mi | $470,000 | 2 | 1 | 859 | $547 | 0.7 mi |
D 5840 Benner 301 Sold 2 bd · 2 ba · 753 sqft · $544 | $410,000 | 2 | 2 | 753 | $544 | - |
E 898 Temple 125 Sold 2 bd · 1 ba · 924 sqft · $514 · 0.7 mi | $475,000 | 2 | 1 | 924 | $514 | 0.7 mi |
F 4260 4260 Via Arbolada 206 Sold 1 bd · 1 ba · 621 sqft · $632 · 0.7 mi | $392,500 | 1 | 1 | 621 | $632 | 0.7 mi |
G 4499 Via Marisol 240 Sold 2 bd · 2 ba · 1,038 sqft · $434 · 0.7 mi | $450,000 | 2 | 2 | 1,038 | $434 | 0.7 mi |
H 898 Temple Terrace 122 Active 2 bd · 1 ba · 924 sqft · $487 · 0.7 mi | $450,000 List Price | 2 | 1 | 924 | $487 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The condo features a recent renovation (<5 years) with a refreshed kitchen including modern white cabinetry, stone-look countertops, and stainless-steel appliances. New wood-style flooring, updated bathroom vanities, and fresh paint throughout make it completely move-in ready with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Highland Park Location
Situated in a highly desirable Northeast LA neighborhood, the property offers excellent proximity to the Metro A Line, trendy Figueroa Street, and major hubs like Pasadena and Downtown Los Angeles.
- Move-In Ready Condition
The unit features a refreshed kitchen with stone-look countertops and stainless-steel appliances, along with wood-style flooring and neutral finishes, providing a clean canvas for new owners.
- Streamlined Probate Sale
Sold with full authority and no court confirmation required, this probate sale offers a significantly faster and more efficient closing process compared to traditional probate listings.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- High Monthly HOA Fees
The association fee of $580 per month is relatively high for a unit of this size, which may impact the debt-to-income ratio and overall affordability for budget-conscious buyers.
- Limited Square Footage
With only 753 square feet allocated for a two-bedroom, two-bathroom layout, the interior living spaces and bedrooms may feel compact compared to other units in the same price bracket.
About 5840 Benner Street 205
**Probate Sale with Full Authority and NO Court Confirmation at this time ** Welcome to this bright and inviting 2-bedroom, 2-bath condominium in Arroyo Seco Village, a beautifully landscaped Highland Park community. The home features an open living and dining area with wood-style flooring, abundant natural light, and sliding glass doors leading to a private covered balcony. The refreshed kitchen offers white cabinetry, stone-look countertops, recessed lighting, and stainless-steel appliances, while neutral finishes throughout provide a clean, move-in-ready canvas. Community amenities include a swimming pool, playground, picnic and barbecue areas, mature trees, and generous green space. Conveniently located near the shops, restaurants, cafes, and nightlife along Figueroa Street and York Boulevard, with the Highland Park Metro A Line station, Debs Park, Pasadena, Downtown Los Angeles, and the 110 Freeway all within easy reach. A wonderful opportunity to enjoy indoor-outdoor living in one of Northeast Los Angeles' most vibrant neighborhoods.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 311,665 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $580.0 / Month
Neighborhood Insights
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 | 753 | 1,252.996 |
| Lot Size | 311,665 | 26,029.603 |
| Price | $399.0K | $778.5K |
| Price per sq ft | $530 | $629 |
| Built year | 1979 | 1981 |
| HOA | $580.0 | $676 |
| Days on market | 47 | 74 |
Pricing History
Listed for Sale
Oct 12, 2026
$399,000
$425,000
-6% Price Drop
Initial Listing
Price Change
Sep 23, 2026
$425,000
Initial Listing