137 E Avenue 43, Los Angeles, California 90031, Los Angeles, 90031 - 4 bed, 2 bath
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137 E Avenue 43
Los Angeles, California 90031
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,724Sq Ft
7,507Lot Size
Property Price
LIST PRICE$1,269,000
EST. MARKET VALUE
$1,262,021
SUMMARY
This Turnkey Craftsman Home is a Strong Value Opportunity, listed at $1,269,000—positioned well below the $1,262,021 Fair Market Value (priced at market stability). Featuring a remodeled kitchen, solar panels, and central HVAC, the property boasts a Condition Rating of 2, ensuring a move-in ready experience. The expansive 7,507 sqft lot offers significant ADU Potential and mountain views, blending historic charm with modern efficiency. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality Highland Park residence.
Estimated Market Value
$1,262,021
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 |
|---|---|---|---|---|---|---|
★ 137 E Avenue 43 Subject | $1,269,000* List Price | 4 | 2 | 1,724 | $732 | - |
A 3786 Latrobe Street Sold | $1,400,000 | 4 | 2 | 1,739 | $805 | 0.6 mi |
B 3933 Berenice Place Sold | $950,000 | 3 | 2 | 1,378 | $689 | 0.5 mi |
C 950 Montecito Drive Sold | $1,095,000 | 4 | 2 | 1,535 | $713 | 0.5 mi |
D 3928 Berenice Avenue Sold | $999,000 | 2 | 2 | 1,283 | $779 | 0.4 mi |
E 3733 Rolle Street Sold | $1,140,000 | 3 | 2 | 1,628 | $700 | 0.9 mi |
F 3737 Rolle Sold | $1,098,000 | 3 | 2 | 1,628 | $674 | 0.9 mi |
G 3772 Latrobe Street Pending | $1,149,000 List Price | 3 | 2 | 1,670 | $688 | 0.6 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.
Although built in 1905, the property has undergone a comprehensive recent renovation within the last 5 years. The kitchen is freshly remodeled with new cabinetry and appliances, bathrooms feature modern terrazzo floors and high-end fixtures, and major systems have been updated to include solar and central HVAC.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Craftsman Charm & Modern Upgrades
This 1905 home seamlessly blends historic character like restored windows and pocket doors with modern essentials including a remodeled kitchen, solar panels, and central HVAC.
- ADU Potential & Large Lot
The expansive 7,507 sqft flat lot includes a garage with plans for a future ADU, offering significant value-add potential for rental income or multi-generational living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1724, other record living area = 1462. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- HPOZ Regulatory Constraints
Being located within a Historic Preservation Overlay Zone means any exterior alterations or future developments are subject to strict municipal guidelines and approval processes.
- Recent Price Appreciation
The property shows a significant price increase from its recent sale, which may lead to closer appraisal scrutiny or buyer concerns regarding the rapid appreciation in a short timeframe.
About 137 E Avenue 43
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1905
- Lot Size
- 7,507 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,724 | 1,664.159 |
| Lot Size | 7,507 | 6,066.556 |
| Price | $1.27M | $1.35M |
| Price per sq ft | $736 | $806 |
| Built year | 1905 | 1939 |
| HOA | $0 | $278 |
| Days on market | 1 | 55 |
Pricing History
Listed for Sale
Sep 8, 2026
$1,269,000
Initial Listing
Sold
Aug 19, 2024
$825,000
Public Record