137 E Avenue 43, Los Angeles, California 90031, Los Angeles, 90031 - 4 bed, 2 bath
Loading property details...
Los Angeles, California 90031
This Updated 1905 Craftsman is a Strong Value Opportunity, listed at $1,089,000—positioned well below the $1,204,657 Fair Market Value by 9%. This valuation gap provides $115,657 in Instant Equity. Boasting a Mint Condition Rating, the home features a remodeled designer kitchen, terrazzo floors, and solar panels. The expansive 7,507 sqft lot includes mountain views and ready-to-use plans for a future ADU. Located in the vibrant Highland Park HPOZ, this is an exceptional find for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors looking for house-hack potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 137 E Avenue 43 Subject | $1,089,000* List Price | 4 | 2 | 1,724 | $699 | - |
A 531 E Avenue 39 Sold | $855,000 | 3 | 2 | 1,291 | $662 | 0.5 mi |
B 3737 Rolle Sold | $1,098,000 | 3 | 2 | 1,628 | $674 | 0.9 mi |
C 137 E Avenue 42 Active | $1,150,000 List Price | 4 | 2 | 1,700 | $676 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation featuring a freshly remodeled kitchen, modern bathrooms with terrazzo floors, and significant system updates including solar and central HVAC, meeting the criteria for mint condition.
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 architectural details like restored windows and pocket doors with essential modern upgrades including a remodeled kitchen, solar panels, and central HVAC.
The property features a generous 7,507 sqft flat lot and includes plans for a future ADU conversion of the existing garage, offering significant value-add opportunity for investors or multi-generational living.
Being located within a Historic Preservation Overlay Zone (HPOZ) means any exterior modifications or future expansions are subject to strict design guidelines and a more rigorous city review process.
Despite recent system updates, a structure built in 1905 may still present ongoing maintenance challenges and specialized care requirements inherent to vintage properties.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,724 | 1,379 | 72% |
| Lot Size | 7,507 | 4,945 | 83% |
| Price | $1.09M | $1.00M | 55% |
| Price per sq ft | $632 | $744 | 31% |
| Built year | 1905 | 1926 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 116 | 7% |
Apr 30, 2026
$1,089,000
Initial Listing
Aug 19, 2024
$825,000
Public Record