137 E Avenue 43, Los Angeles, California 90031, Los Angeles, 90031 - 4 bed, 2 bath
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Los Angeles, California 90031
This Turnkey Craftsman Home is a Strong Value Opportunity, listed at $1,295,000—positioned well below the $1,292,880 Fair Market Value (priced at market stability). Featuring a remodeled kitchen, solar panels, and central HVAC, the property boasts a Condition Rating of 2, requiring no immediate capital expenditure. The expansive 7,507 sqft lot offers significant ADU Potential and San Gabriel Mountain views, blending historic charm with modern efficiency. This is an ideal acquisition for Owner-Occupants seeking a lifestyle-focused residence or savvy investors looking for long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 137 E Avenue 43 Subject | $1,295,000* List Price | 4 | 2 | 1,724 | $750 | - |
A 950 Montecito Drive Sold | $1,095,000 | 4 | 2 | 1,535 | $713 | 0.5 mi |
B 3786 Latrobe Street Sold | $1,400,000 | 4 | 2 | 1,739 | $805 | 0.6 mi |
C 3733 Rolle Street Sold | $1,140,000 | 3 | 2 | 1,628 | $700 | 0.9 mi |
D 3737 Rolle Sold | $1,098,000 | 3 | 2 | 1,628 | $674 | 0.9 mi |
E 3933 Berenice Place Active Under Contract | $1,095,000 List Price | 3 | 2 | 1,378 | $795 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1905, the property has undergone a comprehensive recent renovation featuring a freshly remodeled kitchen with new cabinetry and appliances, updated bathrooms with terrazzo flooring, and significant system upgrades including solar panels and central HVAC.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7507, living area = 1724.
This 1905 Craftsman seamlessly blends original character like restored windows and high ceilings with essential modern updates including a remodeled kitchen, solar panels, and central HVAC.
The property features a rare 7,507 sqft flat, fenced lot with mountain views and includes plans for a future ADU, offering significant value-add potential and versatility for the buyer.
Located within a Historic Preservation Overlay Zone (HPOZ), any future exterior modifications or expansions are subject to rigorous city review and strict historic design guidelines.
With four bedrooms but only two bathrooms, the layout may present a logistical challenge for larger households or those accustomed to a higher ratio of facilities.
Highland Park is the setting for this beautifully updated home with Craftsman charm, a generous layout, and plans for a future ADU. Built in 1905, the light-filled haven delights with high ceilings, hardwood floors, and whimsical floral wallpaper; character details abound, including restored original windows and a statement fireplace anchoring the living room. The formal dining room is an airy space with a bay window, wainscoting, a built-in buffet alcove, and a set of pocket doors that transform the layout. The sunny kitchen is freshly remodeled with new cabinetry, a matching appliance suite, and checkered floors. Four bedrooms include an ensuite primary with French doors opening to the yard; both bathrooms are finished with terrazzo floors. The flat, fenced yard is expansive and full of possibilities, with lovely views of the San Gabriel Mountains and a garage ready for storage or a future ADU. Amenities include solar, central AC/heat, laundry, and many system updates. Located in the desirable Highland Park HPOZ, nearby favorites include Obet & Del's, Lumens, Mendocino Farms, Jeni's Ice Cream, and Cookbook Market, with easy access to DTLA and Pasadena via the Metro A Line and 110 Freeway.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,724 | 1,672 |
| Lot Size | 7,507 | 6,067 |
| Price | $1.29M | $1.37M |
| Price per sq ft | $751 | $801 |
| Built year | 1905 | 1939 |
| HOA | $0 | $348 |
| Days on market | 12 | 56 |
Jul 10, 2026
$1,295,000
Initial Listing
Aug 19, 2024
$825,000
Public Record