142 N Vendome Street, Los Angeles, California 90026, Los Angeles, 90026 - 4 bed, 2 bath
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142 N Vendome Street
Los Angeles, California 90026
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,898Sq Ft
6,002Lot Size
Property Price
LIST PRICE$1,299,999
EST. MARKET VALUE
$1,451,546
10% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,299,999—positioned well below the $1,451,547 Fair Market Value by 10%. This valuation gap offers $151,548 in Instant Equity for buyers. Featuring a Fair Condition Rating and a 6,002 sqft lot, the asset offers significant redevelopment potential, including SB 8 residential expansion. With its City Lights View and prime Silver Lake location, this is a strategic acquisition ideal for Developers or Buy-and-Hold Investors seeking long-term growth.
Estimated Market Value
$1,451,546+$151,547 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 142 N Vendome Street Subject | $1,299,999* List Price | 4 | 2 | 1,898 | $765 | - |
A 339 N Rampart Boulevard Active | $1,200,000 List Price | 4 | 3 | 1,716 | $699 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1919 and shows an interior renovation that is likely 20-30 years old, featuring dated tile countertops, older cabinetry, and ceramic tile flooring throughout. While the home appears well-maintained and currently livable, the marketing heavily emphasizes redevelopment potential and land value, indicating that the core systems and finishes are dated and the structure is a candidate for significant updating or replacement.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Silver Lake Location
Situated in one of Los Angeles’ most sought-after neighborhoods, the property offers exceptional proximity to Downtown LA, Echo Park, and Sunset Boulevard's premier dining and entertainment.
- Significant Development Upside
With a 6,002 sqft lot and potential SB 8 eligibility, there is massive opportunity to construct multiple residential units, an ADU, and a JADU, maximizing the property's density and long-term value.
- Rare Market Opportunity
Offered for the first time in over 30 years, this property presents a unique 'blank canvas' for developers or investors looking to capitalize on the high demand and city lights views in the 90026 zip code.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- Aging Infrastructure
Originally built in 1919, the existing structure likely requires extensive modernization or a complete teardown to meet contemporary living standards, necessitating significant additional capital investment.
- Development Complexity
Realizing the property's full potential requires navigating complex City of Los Angeles zoning laws and SB 8 requirements, which may involve lengthy permitting timelines and high soft costs.
About 142 N Vendome Street
Welcome to the heart of Silver Lake, one of Los Angeles’ most sought-after neighborhoods! Offered for the first time in over 30 years, this is a rare opportunity to own a property in an exceptional location with incredible upside. Just minutes from Dodger Stadium, Downtown Los Angeles, Echo Park, Sunset Boulevard, and some of the city’s best dining, shopping, and entertainment, this property places you in the center of it all. Attention Developers, Investors, and Owner-Users! This property offers outstanding redevelopment potential and may qualify for SB 8 residential development opportunities. Buyers are encouraged to investigate the possibility of constructing multiple residential units, along with a detached ADU and JADU, subject to verification with the City of Los Angeles and all applicable zoning and building requirements. Conveniently located near the 110 Freeway, I-5 (Golden State Freeway), public transportation, neighborhood shopping centers, restaurants, and vibrant commercial districts, this property combines urban convenience with long-term investment potential. Whether you’re looking to renovate, build, develop, or create your dream home in one of LA’s most desirable communities, this is an opportunity you won’t want to miss. Come experience the charm, energy, and endless possibilities that Silver Lake has to offer!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1919
- Lot Size
- 6,002 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 | 1,898 | 1,664.159 |
| Lot Size | 6,002 | 6,066.556 |
| Price | $1.30M | $1.35M |
| Price per sq ft | $685 | $806 |
| Built year | 1919 | 1939 |
| HOA | $0 | $278 |
| Days on market | 40 | 55 |
Pricing History
Listed for Sale
Jul 31, 2026
$1,299,999
Initial Listing