124 W Avenue 41, Los Angeles, California 90065, Los Angeles, 90065 - 3 bed, 3 bath
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124 W Avenue 41
Los Angeles, California 90065
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
3Baths
3,036Sq Ft
7,818Lot Size
Property Price
LIST PRICE$1,395,000
EST. MARKET VALUE
$1,400,641
SUMMARY
This Turnkey Tudor Residence is a Strong Value Opportunity, listed at $1,395,000—positioned well below the $1,400,642 Fair Market Value by 0.4%. Featuring an Excellent Condition Rating, this home blends historic 1930s charm with high-end modern upgrades like Heath tile and white oak cabinetry. The LARD2 Zoning and expansive 7,818 sqft lot provide significant development upside. With its versatile lower-level studio and scenic City Lights and Mountain Views, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready Highland Park sanctuary.
Estimated Market Value
$1,400,641
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 124 W Avenue 41 Subject 3 bd · 3 ba · 3,036 sqft · $461 | $1,395,000* List Price | 3 | 3 | 3,036 | $461 | - |
A 453 Frontenac Avenue Sold 3 bd · 4 ba · 2,382 sqft · $525 · 0.5 mi | $1,250,000 | 3 | 4 | 2,382 | $525 | 0.5 mi |
B 3343 Roseview Avenue Sold 4 bd · 3 ba · 2,064 sqft · $538 · 0.9 mi | $1,110,000 | 4 | 3 | 2,064 | $538 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Extensively restored 1930 Tudor with high-end modern updates to the kitchen (Heath tile, Caesarstone, white oak cabinets) and bathrooms (Zia tile, soaking tub). The property features modern HVAC mini-split systems and updated flooring. The restoration appears to be within the last 5 years, making it move-in ready with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Restoration
This 1930 Tudor masterfully blends original period details like coved ceilings and built-ins with high-end modern upgrades, including Heath tile, Caesarstone countertops, and white oak cabinetry.
- Development Potential
The LARD2 zoning and generous 7,818 sqft lot offer significant investment upside, providing a rare opportunity for future development of additional units in the desirable Highland Park area.
- Versatile Living Space
With over 3,000 square feet of living space, the property features a flexible lower-level studio and a detached garage, offering excellent options for creative professionals or multi-generational living.
CONSRISKS & DEFICIENCIES
- Development Complexity
While the LARD2 zoning provides upside, actualizing additional units is subject to rigorous City of Los Angeles approvals, which can be a lengthy and costly process.
- Vintage Infrastructure Risks
Despite the extensive aesthetic restoration, a home built in 1930 may still harbor underlying maintenance requirements or aging mechanical systems typical of historic properties.
About 124 W Avenue 41
Beautifully restored 1930 Tudor house sits as the crown jewel of this Highland Park neighborhood. Many original architectural details remain: coved ceilings, built-ins, and a decorative brick fireplace, all while the home has been extensively upgraded throughout. The bright kitchen offers updates with Heath tile, Caesarstone countertops, Marmoleum flooring, and white oak cabinets, while the bathroom has been restored to its old-world charm with Zia tile. There are two oversized bedrooms on the main floor with high ceilings and spacious walk-in closets. The upstairs primary suite feels like its own private retreat, with light-filled windows, original hardwood floors, and an en suite bathroom with a soaking tub. The lower level opens directly to the backyard and offers tremendous flexibility for a home studio, office, or creative space. The detached two-car garage is a blank canvas, while the two 100-year-old avocado trees provide endless guacamole. LARD2 zoning offers exciting upside and future development potential for additional units, subject to City approval. This home has been brought back to life and is ready for its next chapter. Featured in Amazon MGM Studios' upcoming crime drama series, Criminal.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 7,818 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,036 | 1,670.836 |
| Lot Size | 7,818 | 6,152.156 |
| Price | $1.40M | $1.34M |
| Price per sq ft | $459 | $807 |
| Built year | 1930 | 1941 |
| HOA | $0 | $238 |
| Days on market | 18 | 56 |
Pricing History
Listed for Sale
Oct 22, 2026
$1,395,000
Initial Listing
Sold
Feb 12, 2025
$945,000
Public Record