5840 Benner Street 205, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 2 bath

5840 Benner Street 205, Los Angeles, California 90042 home-pic-0
ACTIVE$375,000
5840 Benner Street 205, Los Angeles, California 90042
2Beds
2Baths
753Sqft
Lot
Year Built
1979
Close
-
List price
$375K
Original List price
$375K
Price/Sqft
$498
HOA
$490
Days on market
-
Sold On
-
MLS number
OC25234174
Home ConditionPoor
Features
Pool
Spa
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $375.0K(9th), sqft - 753(14th), beds - 2(50th), baths - 2(50th).

HIGHLAND PARK FIXER-UPPER & PROBATE SALE: Your Blank Canvas in a Prime NELA Location! This is the opportunity you've been waiting for! Located in the highly sought-after Arroyo Seco Village Community in vibrant Highland Park, this 2nd-floor condo is ready for a full-scale renovation. This unit has been stripped down to a blank slate, offering an unmatched value-add proposition for investors or an end-user ready to design their dream home. The interiors are completely primed for your vision: all flooring has been removed, the kitchen is distressed and needs all-new cabinets and appliances, and the bathrooms require complete updating, including addressing exposed drywall in the primary bath (due to a past leak). This is your chance to install the custom floors, designer kitchen, and luxurious bathrooms you’ve always wanted. Enjoy a leisurely lifestyle just steps from Highland Park's best. You're minutes from the trendy shops, eclectic eateries (including many vegan options), and vibrant nightlife along Figueroa St and York Blvd. The secure, gated Arroyo Seco Village complex offers exceptional amenities, including an elevator for easy access to your second-floor unit, a pool, spa/Jacuzzi, BBQ areas, and lush grounds. The unit includes one assigned parking space. Plus, you have the convenience of in-unit washer and dryer hookups. With a median home price over $1M in Highland Park (90042), this is a rare chance to enter the market at a builder's price and customize a premier residence. Bring your contractor and your design dreams! Listing Broker represents Seller Exclusively. Please connect with your favorite realtor to scheduled a showing. ALL Information is in the MLS. ** CASH ONLY **

Price History

Date
Event
Price
10/07/25
Listing
$375,000
Condition Rating
Poor

Built in 1979, this property is explicitly marketed as a 'fixer-upper' requiring a 'full-scale renovation.' The description states that 'all flooring has been removed,' the 'kitchen is distressed and needs all-new cabinets and appliances,' and 'bathrooms require complete updating, including addressing exposed drywall in the primary bath (due to a past leak).' The provided images confirm the stripped-down interior with bare subfloors and walls. This condition necessitates substantial repairs and rehabilitation, rendering it unlivable in its current state and aligning with the 'Poor' rating.
Pros & Cons

Pros

Prime Highland Park Location: Situated in the highly sought-after Arroyo Seco Village, minutes from trendy shops, eclectic eateries, and vibrant nightlife along Figueroa St and York Blvd.
Significant Value-Add Potential: Described as a 'blank canvas' and 'fixer-upper,' offering an unmatched opportunity for investors or end-users to customize and create a dream home, with potential for substantial equity growth in a high-demand market where the median home price exceeds $1M.
Exceptional Community Amenities: The secure, gated Arroyo Seco Village complex provides an elevator for easy access, a pool, spa/Jacuzzi, BBQ areas, and lush grounds, enhancing lifestyle and appeal.
Below Market Entry Price: Listed significantly below Highland Park's median home price, offering a rare chance to enter a premium market at a 'builder's price' for customization.
Convenient In-Unit Features: Includes an assigned parking space and practical in-unit washer and dryer hookups, adding to daily convenience.

Cons

Extensive Renovation Required: The property is a 'fixer-upper' requiring a full-scale renovation, including all new flooring, a distressed kitchen needing new cabinets and appliances, and complete bathroom updates (with exposed drywall from a past leak), indicating significant immediate investment and effort.
Cash Only Purchase: The 'CASH ONLY' requirement drastically narrows the buyer pool, as traditional financing is not available, limiting accessibility and requiring substantial upfront capital.
Probate Sale Implications: As a probate sale, the transaction process may be subject to court approval and potentially longer closing timelines, adding complexity and uncertainty for buyers.

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