
Los Angeles, California 90031
This Renovated Single-Family Pool Home is a High-Potential Investment Opportunity, listed at $1,150,000—positioned well below the $1,297,262 Fair Market Value by 11%. This valuation gap offers $147,262 in Instant Equity. Boasting an Excellent Condition Rating, the home features a designer kitchen, new wood flooring, and a sparkling pool with an expansive deck. The 7,502 sqft lot includes a detached bonus room, providing versatile workspace in the heart of Highland Park. This turnkey residence is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 137 E Avenue 42 Subject | $1,150,000* List Price | 4 | 2 | 1,700 | $763 | - |
A 1158 Montecito Drive Sold | $1,250,000 | 3 | 2 | 1,484 | $842 | 0.6 mi |
B 531 E Avenue 39 Pending | $849,000 List Price | 3 | 2 | 1,291 | $658 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1903, the property has undergone an extensive recent renovation that meets current modern standards. The interior features a designer kitchen with new Shaker cabinetry, quartz-style countertops, and stainless steel appliances. Both bathrooms have been fully updated with contemporary finishes, and the home features new wood flooring, recessed lighting, and updated fixtures throughout. The exterior, including the pool area and deck, appears well-maintained and recently refreshed, qualifying it for the highest condition rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7502, living area = 1700.
The home features a complete interior overhaul with a designer’s touch, including a chef-inspired kitchen with Shaker cabinetry, stainless steel appliances, and fully updated contemporary bathrooms.
The property boasts an expansive backyard with a sparkling pool and large deck, complemented by a detached bonus room perfect for a home office, gym, or creative studio.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Being located within a Historic Preservation Overlay Zone (HPOZ) means any future exterior modifications or additions are subject to strict architectural guidelines and approval processes.
While beautifully updated, the 1903 construction date may imply underlying aging systems or structural elements that require more maintenance than a modern build.
Welcome to this beautifully updated single-family pool home, where timeless charm meets modern elegance. From the moment you step inside, you’re welcomed by a warm and inviting atmosphere, enhanced by newly installed wood flooring that flows seamlessly throughout the living spaces. The home has been thoughtfully renovated with a designer’s touch, featuring a stunning kitchen equipped with new Shaker cabinetry, sleek countertops, stainless steel appliances, and a spacious island—perfect for both everyday living and entertaining. The bathrooms have also been fully updated with contemporary finishes, creating a clean and sophisticated feel throughout. Step outside to an expansive backyard designed for relaxation and enjoyment. A large deck overlooks the sparkling pool, offering the ideal setting for gatherings, weekend lounging, or creating your own private retreat. The property also features ample parking and a detached bonus room, providing flexible space for a home office, studio, gym, or creative workspace. Situated within a highly desirable HPOZ, this home is perfectly positioned near some of Northeast LA’s most vibrant destinations. Enjoy easy access to Figueroa Street and York Boulevard, as well as the charm and culture of Pasadena. Local favorites like Highland Park Bowl, Homestate, Tierra Mia Coffee, and Charlotte Stone Shoes are just minutes away. Outdoor enthusiasts will appreciate proximity to scenic hiking trails and the peaceful Self-Realization Fellowship Lake Shrine, while commuters benefit from easy access to Downtown LA and the Arts District. Nearby landmarks such as Huntington Hospital, Keck Hospital of USC, and Dodger Stadium add to the home’s exceptional convenience. This is a rare opportunity to own a move-in-ready home that combines character, functionality, and a prime location in one of LA’s most sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,700 | 1,431.5 | 73% |
| Lot Size | 7,502 | 4,967.5 | 77% |
| Price | $1.15M | $969.5K | 65% |
| Price per sq ft | $676 | $703 | 46% |
| Built year | 1903 | 1926 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 166 | 4% |
Mar 25, 2026
$1,150,000
Initial Listing
Apr 19, 2024
$868,000
Public Record
Apr 12, 2024
$835,000
Public Record