137 N Avenue 55, Los Angeles, California 90042, Los Angeles, 90042 - 0 bed, 0 bath
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Los Angeles, California 90042
This Preserved 1920s Spanish Duplex is a stable residential asset listed at $895,000, offering price stability relative to its $882,418 Fair Market Value. Maintaining a Good Condition Rating, the property is move-in ready and showcases authentic period character including soft arches, original hardwood floors, and vintage built-ins. Situated in a Prime Walkable Location just off the Figueroa corridor within the Los Angeles Unified district, it offers exceptional access to Highland Park’s social core and high rental demand. This property is a strategic choice for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a turnkey income generator.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 137 N Avenue 55 Subject | $895,000* List Price | 0 | 0 | 1,325 | $666 | - |
A 6190 Mesa Sold | $925,000 | 3 | 2 | 1,433 | $645 | 1.0 mi |
B 5037 Montezuma Street Sold | $740,000 | 0 | 0 | 1,200 | $617 | 0.4 mi |
C 818 N Avenue 51 Active | $950,000 List Price | 3 | 3 | 1,202 | $790 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1928, the property is well-maintained and move-in ready. The kitchen has been updated with subway tile and stainless steel appliances (estimated 5-15 years ago), and the original hardwood floors are in good condition. While it retains vintage systems like wall heaters, the overall preservation and functional updates meet the criteria for Good.
Situated just off the Figueroa corridor, the property offers exceptional walkability to Highland Park's premier dining and social hotspots, significantly increasing its desirability for urban-minded tenants and buyers.
This 1920s Spanish duplex features well-preserved vintage details including soft arches, original hardwood floors, and classic built-ins that provide a unique aesthetic appeal rarely found in modern builds.
As a move-in ready duplex in a high-demand Northeast LA rental market, the property offers a versatile opportunity for owner-occupiers to offset their mortgage or for investors to secure immediate cash flow.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2404, other record lot size in square feet = 4873. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1325, other record living area = 1978.
The modest 2,404 square foot lot provides very little private outdoor space and may restrict parking options, which can be a challenge for a multi-unit residential property.
Given the 1928 construction, the property may require significant long-term maintenance or costly upgrades to aging systems such as plumbing and electrical to meet modern standards.
Vintage soul and Timeless details. Check out this Unmatched Highland Park location. This 1920s Spanish duplex is the kind of property that rarely comes up—rich in character, thoughtfully preserved, and perfectly placed in one of Northeast LA’s most social and walkable pockets. This is where the original craftsmanship takes center stage! Featuring soft arches, vintage picture windows, hardwood floors, and classic sconces create a warm, layered space filled with natural light and texture. Built-ins and a smart, flexible layout add both charm and function. 1 bedroom at the end of the hallway and another room easily used for a creative workspace, den, or second bedroom. Unit is ready to move-in! And then there’s the location. Just off the Figueroa corridor, you’re steps from some of Highland Park’s most loved spots—grab brunch at Highly Likely, tacos at Villa's Tacos, drinks at The Greyhound, or a quick bite at Mendocino Farms. Coffee, food, music, and nightlife are all within walking distance, making this one of the most socially connected locations in the neighborhood. A rare blend of preserved architecture and everyday livability, set right in the heart of where Highland Park happens.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,325 | 1,793 | 22% |
| Lot Size | 2,404 | 5,025 | 11% |
| Price | $895.0K | $910.0K | 33% |
| Price per sq ft | $675 | $565 | 78% |
| Built year | 1928 | 1923 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 163 | 11% |
Apr 23, 2026
$895,000
Initial Listing
Aug 30, 2011
$215,000
Public Record
Aug 22, 2001
$180,000
Public Record