1018 N Avenue 54, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 1 bath
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Los Angeles, California 90042
This Highland Park Fixer Opportunity is listed at $899,900, currently valued at a $882,725 Fair Market Value. Marketed in Poor Condition Rating, this "as-is" asset features a small 776-square-foot interior but occupies a generous 6,461 square foot lot. The property offers Significant Development Potential for an ADU or a complete residential redevelopment within the Los Angeles Unified district. This strategic value-add project is an ideal acquisition for Fix-and-Flip Investors or Developers looking to capitalize on Northeast Los Angeles' appreciation and high rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1018 N Avenue 54 Subject | $799,900* List Price | 3 | 1 | 776 | $994 | - |
A 5413 Meridian Street Sold | $1,035,000 | 3 | 1 | 1,040 | $995 | 0.2 mi |
B 322 N Avenue 56 Sold | $830,000 | 2 | 1 | 936 | $887 | 0.5 mi |
C 5318 Irvington Place Active Under Contract | $880,000 List Price | 2 | 1 | 900 | $978 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1920 and explicitly marketed as a 'fixer opportunity' being sold 'as-is,' the property requires extensive renovation and substantial repairs. The listing description and property analysis confirm the need for significant capital expenditure to address structural or cosmetic deficiencies, and the exterior image shows an aged structure with deferred maintenance.
Situated in one of Northeast Los Angeles’ most sought-after neighborhoods, the property offers exceptional proximity to the trendy dining, shopping, and nightlife on York Boulevard and Figueroa Street.
The generous 6,461 square foot lot provides ample space for expansion, redevelopment, or the addition of an ADU, offering a rare opportunity to maximize density in a high-demand area.
As a fixer-upper with multiple additions, this property is an ideal canvas for investors or savvy buyers looking to build significant equity through a comprehensive renovation or reconfiguration.
The property is being sold in 'as-is' condition and is designated as a fixer, implying the need for substantial capital expenditure and time to address structural or cosmetic deficiencies.
With only 776 square feet of living area for a 3-bedroom layout, the interior footprint is exceptionally small, which may feel cramped and limit the property's appeal to traditional family buyers.
Fixer opportunity in the heart of Highland Park. This property features multiple additions and offers significant potential for renovation, reconfiguration, or redevelopment. Ideal for those looking to create value in one of Northeast Los Angeles’ most sought-after neighborhoods. Conveniently located near York Boulevard and Figueroa Street, with easy access to local shops, dining, and transit. Property is being sold as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 776 | 1,411 | 5% |
| Lot Size | 6,461 | 5,412.5 | 70% |
| Price | $799.9K | $1.21M | 11% |
| Price per sq ft | $1.0K | $892 | 74% |
| Built year | 1920 | 1924 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 175 | 2% |
Apr 11, 2026
$799,900
$899,900
-11% Price Drop
Initial Listing
Mar 25, 2026
$899,900
Initial Listing