7040 Arlington, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 2 bath
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Los Angeles, California 90043
This 1925 Spanish-Style Value-Add Asset presents a High-Potential Investment Opportunity with a List Price of $715,000—positioned well below the $835,955 Fair Market Value by 14%. This valuation gap offers $120,955 in Instant Equity for buyers ready to modernize the 1,785 sqft interior and 6,002 sqft lot. While currently holding a Fair Condition Rating, the property features a versatile large bonus room and access to the 9/10 rated Middle College High School. This is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7040 Arlington Subject | $715,000* List Price | 3 | 2 | 1,785 | $449 | - |
A 3119 W 76th Sold | $735,000 | 3 | 2 | 1,490 | $493 | 0.6 mi |
B 5934 Madden Sold | $599,000 | 3 | 2 | 1,392 | $430 | 0.9 mi |
C 2410 W 70th Sold | $590,000 | 3 | 1 | 1,483 | $398 | 0.1 mi |
D 6316 8th Avenue Sold | $610,000 | 3 | 2 | 1,402 | $435 | 0.7 mi |
E 6608 Arlington Avenue Active Under Contract | $769,000 List Price | 3 | 3 | 1,732 | $444 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, this property is in functional but dated condition, fitting the 'fair' criteria. While it has received some mid-life updates such as vinyl windows and granite kitchen countertops, the overall interior style—including oak cabinetry, older black appliances, and 90s-era bathroom tiling—is outdated. The exterior requires significant landscaping as the yard is currently mostly dirt, and the interior shows minor wear on baseboards and flooring that suggest a need for cosmetic modernization.
High School: Middle College High School (9/10).
Built in 1925, this Spanish-style home offers timeless character and a solid foundation for buyers looking for a classic Los Angeles aesthetic.
The 1,785 sqft layout features a large bonus room/den, providing excellent flexibility for a home office, media room, or expanded living area.
The property requires immediate investment in landscaping and interior upgrades, which may challenge buyers looking for a move-in-ready home.
The majority of assigned public schools in the immediate area have low performance ratings, which could impact long-term resale appeal to families.
Ideal Hyde Park location. 3 bedroom, 2 bath home, plus large bonus room/den. Enjoy the charm that this Spanish style home has to offer. Situated on a large lot near by to school, public transportation, public facilities and more. This home could use some landscaping and upgrades to the interior, so just awaiting the creative buyer to make this house a home.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,785 | 1,505 | 65% |
| Lot Size | 6,002 | 6,270.5 | 41% |
| Price | $715.0K | $857.7K | 25% |
| Price per sq ft | $401 | $617 | 6% |
| Built year | 1925 | 1927 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 158 | 1% |
Mar 26, 2026
$715,000
Initial Listing
Nov 12, 2015
$315,000
Public Record