
Los Angeles, California 90042
This property presents a Strong Value Opportunity with a List Price of $375,000—positioned well below the $411,180 Fair Market Value by 8%. This valuation gap offers $36,180 in Instant Equity for buyers. While the unit has a Condition Rating of 4, the inclusion of a private balcony, 2-car garage, and community amenities like a pool and spa provides significant lifestyle appeal. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking entry into the Highland Park market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5860 Benner Subject | $375,000* List Price | 2 | 2 | 753 | $546 | - |
A 5840 Benner 201 Sold | $420,000 | 2 | 2 | 753 | $558 | 0.0 mi |
B 5820 Benner Street 106 Sold | $440,000 | 2 | 2 | 753 | $584 | 0.0 mi |
C 3961 Via Marisol 233 Sold | $485,000 | 2 | 2 | 1,011 | $480 | 0.9 mi |
D 4499 Via Marisol 330 Sold | $429,000 | 1 | 1 | 795 | $540 | 0.7 mi |
E 5860 Benner Street 107 Active | $475,000 List Price | 2 | 2 | 753 | $631 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is over 40 years old and retains dated features such as popcorn ceilings and older carpeting. While the kitchen has been partially refreshed with modern countertops and appliances, the overall aesthetic and age of the unit suggest it needs cosmetic updates and minor repairs to be fully modernized.
Situated in the highly desirable Highland Park neighborhood, the property offers proximity to trendy dining, nightlife, and shopping, ensuring strong long-term value and lifestyle appeal.
The Arroyo Seco Village community provides extensive facilities including a pool, Jacuzzi, basketball court, and a private 2-car garage, which are premium features for a condo at this price point.
Listed at $375,000 for a 2-bedroom, 2-bathroom unit, this property represents a significant entry-level opportunity in the competitive Los Angeles real estate market.
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.
As a short sale, the transaction is subject to lender approval, which typically involves a more complex and lengthy closing timeline compared to traditional residential sales.
The $490 monthly association fee is relatively high for a 753-square-foot unit, which may impact the overall monthly affordability and debt-to-income ratio for potential buyers.
Great Short Sale Opportunity! Introducing this spacious 2-bedroom, 2-bathroom condo with an in-unit laundry room. The kitchen features modern countertops and appliances, while the open living room leads to a private balcony with peaceful views of the natural surroundings. This home includes a large 2-car garage located on the first floor, plus plenty of guest parking. The Arroyo Seco Village community offers excellent amenities, including a fenced playground, basketball court, swimming pool, Jacuzzi, and BBQ picnic area — ideal for relaxation and recreation. Perfectly situated in the heart of Highland Park, this property is close to popular dining, nightlife, and shopping destinations. Don’t miss out on this amazing short sale opportunity in one of L.A.’s most desirable neighborhoods!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 753 | 1,077 | 15% |
| Lot Size | 311,665 | 168,115 | 81% |
| Price | $375.0K | $550.0K | 4% |
| Price per sq ft | $498 | $510 | 37% |
| Built year | 1979 | 1982 | 22% |
| HOA | $490.0 | $603 | 26% |
| Days on market | 5 | 203 | 7% |
Jun 1, 2026
$375,000
Initial Listing
Oct 29, 2003
$172,000
Public Record