
Los Angeles, California 90042
This Panoramic Hillside Residence is a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,160,621 Fair Market Value by 5%. This valuation gap provides $60,621 in Instant Equity. Boasting a Good Condition Rating, the home features an updated stone kitchen and dual balconies with cinematic DTLA views. The rare lot extension offers significant ADU development potential within the Los Angeles Unified School District. This property is ideal for Owner-Occupants seeking a view-driven sanctuary or Value-Add Investors looking to maximize the lot's upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1393 N Avenue 57 Subject | $1,100,000* List Price | 3 | 3 | 1,521 | $788 | - |
A 5117 Stratford Road Sold | $1,125,000 | 3 | 1 | 1,286 | $875 | 0.5 mi |
B 5125 Buchanan Street Sold | $1,250,000 | 3 | 2 | 1,754 | $713 | 0.6 mi |
C 5830 Fayette Sold | $997,000 | 3 | 2 | 1,488 | $670 | 0.5 mi |
D 4854 Buchanan Sold | $1,170,000 | 3 | 3 | 1,350 | $867 | 0.9 mi |
E 6211 Roy Street Sold | $1,400,000 | 3 | 2 | 1,532 | $914 | 0.7 mi |
F 5240 Barker Drive Active | $1,395,000 List Price | 3 | 3 | 1,696 | $823 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been significantly updated since its 1991 construction. The kitchen features modern stone countertops and stainless steel appliances, while the bathrooms have been refreshed with contemporary vanities and tiling. The interior boasts consistent hard-surface flooring, recessed lighting, and updated fixtures throughout. While the home is over 30 years old, the quality of the renovations and the well-maintained state of the living spaces align with the 'good' classification.
The property features exceptional, cinematic views stretching from the Griffith Observatory to the DTLA skyline, enhanced by balconies on both levels that capture the city lights and hillside scenery.
A rare feature for the area, the property line extends down to the street below, offering significant upside for investors or homeowners to build an ADU or additional structure.
Ideally situated near the vibrant York Boulevard and Figueroa Street corridors, providing immediate access to trendy dining, boutiques, and the Metro A Line for easy commuting.
The home's elevated hillside position and setback from the street may result in a steep approach or numerous stairs, which could be a concern for buyers with mobility preferences.
While the lot size is nearly 4,800 square feet, the hillside nature of the terrain limits traditional flat yard space for gardening or recreation.
Perched above the street with a true wow-factor panorama views, 1393 N Avenue 57 is the Highland Park home that instantly feels like a win. Elevated above the hillside and set back from the street, the approach to the home creates a dramatic first impression as you pull up, the property reveals itself with a commanding vantage point that immediately showcases the breathtaking views that make this home so special.This two-story, 3-bed / 3-bath residence with two car private garage and ample parking, was made for elevated living complete with balconies on both floors that capture a sweeping, cinematic view from the hills near the observatory all the way to the DTLA skyline. From this perch you experience the kind of expansive Los Angeles panorama buyers dream about layers of hills, glowing city lights, and open sky stretching across the horizon. Morning light, sunset glow, sparkling city nights, it's all right here. The elevated positioning of the home allows these views to truly shine, creating a daily backdrop that feels both peaceful and dramatic.Inside, the layout is light-filled, functional, and inviting, with natural light pouring in and drawing your attention back to the surrounding scenery. The primary suite is a private retreat with its own en-suite bathroom, giving you that "shut the door and exhale" feeling at the end of the day while enjoying the calm of hillside living above the city. When it's time to entertain, the covered outdoor dining area becomes the heart of the home perfect for gatherings, weekend dinners, and effortless hosting in any season. With the surrounding views and the indoor-outdoor flow, the home offers the kind of setting that makes entertaining feel easy and memorable.And here's the rare bonus that makes this property a standout: the property line extends down to the street below, offering exciting future potential, ideal for an ADU or additional build opportunity (buyer to verify). Properties with this kind of additional land and future flexibility are increasingly rare in Northeast LA and create meaningful upside for both homeowners and investors.The location is pure lifestyle + convenience. You're just moments from York Blvd, surrounded by Highland Park's favorite spots, and minutes to Silver Lake and Eagle Rock. York Boulevard and nearby Figueroa Street are known for some of Northeast LA's most beloved restaurants, coffee shops, bars, and boutiques, creating a vibrant neighborhood energy that residents love. Local favorites like Joy, Hippo, Homestate, Highland Park Bowl, and a variety of independent cafes, wine bars, and creative spaces help make Highland Park one of Los Angeles' most sought-after neighborhoods.Commuting is equally easy: close to the Metro A Line (Highland Park Station) for quick access toward DTLA, plus fast freeway access that connects you smoothly to the best of LA, whether you're heading downtown, across town, or out for a weekend escape. With its elevated setting, incredible panoramic views, and unbeatable access to the culture and lifestyle of Northeast Los Angeles, 1393 N Avenue 57 captures the essence of what makes Highland Park such a special place to live. See PVT remarks for all showings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 1,521 | 1,419.5 | 60% |
| Lot Size | 4,754 | 5,399.5 | 28% |
| Price | $1.10M | $1.21M | 35% |
| Price per sq ft | $723 | $888 | 28% |
| Built year | 1991 | 1924 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 175 | 6% |
Mar 5, 2026
$1,100,000
Initial Listing