1059 Record Avenue, Los Angeles, California 90023, Los Angeles, 90023 - 4 bed, 2 bath
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Los Angeles, California 90023
This Spacious Multi-Generational Home is a Strong Value Opportunity, listed at $699,900—positioned well below the $735,520 Fair Market Value by 4%. This valuation gap provides $35,620 in Instant Equity for incoming buyers. Featuring a versatile 1,746 square foot layout and a rare private gated driveway for three or more vehicles, the property is ideally located near Downtown L.A. and the Arts District. While maintaining a Condition Rating of 4, the 1915 infrastructure offers significant room for modernization to drive appreciation. It is a strategic acquisition for Owner-Occupants or Multi-generational Families seeking space and urban connectivity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1059 Record Avenue Subject | $699,900* List Price | 4 | 2 | 1,746 | $421 | - |
A 803 S Rowan Active | $700,000 List Price | 3 | 2 | 1,369 | $511 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1915, this property is a century-old home that appears to be maintained but lacks evidence of recent comprehensive renovations. The exterior shows aged architectural features and the listing description focuses on space and location rather than modern upgrades, suggesting that the kitchen, bathrooms, and major systems likely require minor updates to meet current quality standards.
The property is ideally situated minutes from Downtown L.A. and the Arts District, offering rapid access to the 710, 5, and 60 freeways for excellent regional connectivity.
With 1,746 square feet and a flexible floor plan featuring up to five potential bedrooms, the home is perfectly configured for large families or multi-generational living.
A rare find in Los Angeles, the property includes a private gated long driveway that can accommodate three or more vehicles, providing both security and convenience.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Built in 1915, the home's age suggests that significant updates to major systems and infrastructure may be necessary to meet modern efficiency and safety standards.
The discrepancy between the physical bedroom count (four) and the title records (five) could potentially complicate the appraisal process or buyer financing.
Discover the perfect blend of space and location in this spacious four bedroom (title shows five bedrooms), two full bathrooms, family home. Just minutes from downtown L.A. and Arts District in a serene, sought-after family oriented neighborhood. It offers versatile living spaces, a cozy, private backyard with easy access to public transportation, 710, 5 and 60 freeways and many amenities. This home offers a layout designed to accommodate large families or multi-generational living. Property also features private gated long driveway to park three or more vehicles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 78% |
| Baths | 2.0 | 1.0 | 61% |
| Square foot | 1,746 | 1,138.5 | 83% |
| Lot Size | 3,958 | 4,976.5 | 17% |
| Price | $699.9K | $595.0K | 72% |
| Price per sq ft | $401 | $539 | 22% |
| Built year | 1915 | 1915 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 160 | 6% |
Feb 13, 2026
$699,900
Initial Listing