144 S Avenue 57, Los Angeles, California 90042, Los Angeles, 90042 - 0 bed, 0 bath
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Los Angeles, California 90042
This 1925 Spanish Revival fourplex is a High-Potential Investment Opportunity, listed at a List Price of $1,200,000—positioned well below the $1,250,590 Fair Market Value by 4%. This valuation gap provides $50,590 in Instant Equity. With a Condition Rating of 4, the property offers significant value-add potential through modernization of systems and interiors. Located in the Highland Park–Garvanza HPOZ, this Quadruplex features private garages and scenic skyline views, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 144 S Avenue 57 Subject | $1,200,000* List Price | 0 | 0 | 3,541 | $353 | - |
A 148 S Avenue 53 Sold | $960,000 | 0 | 0 | 2,916 | $329 | 0.4 mi |
B 5048 5050 E Echo Street Active | $899,000 List Price | 0 | 0 | 3,648 | $246 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, this property is nearly a century old. While the listing notes the owner has maintained it with care and the interior living space shows functional hardwood floors, the overall aesthetic and systems appear dated. There is no evidence of a major renovation within the last 15 years, and the historic preservation status suggests original windows and layouts that likely require modernization of kitchens, baths, and electrical systems to meet current standards.
In the heart of historic Highland Park, 144 S Avenue 57 is a 1925 Spanish Revival fourplex coming to market for the first time in over two decades. One of the oldest neighborhoods in Los Angeles, Highland Park still carries the craftsmanship of its era and this two-story stucco building wears it well, crowned by a distinctive castellated parapet and red clay-tile coping that set it apart from the vintage Craftsman bungalows lining the street. The property sits within the Highland Park–Garvanza Historic Preservation Overlay Zone, helping preserve that character for years to come. The four units total approximately 3,541 square feet on a 4,312-square-foot lot, served by four (4) private garages, one assigned to each unit. Two units offer two (2) bedrooms and one (1) bathroom, and two offer one (1) bedroom and one (1) bathroom. Brick-paved rear garden, shaded by mature fruit trees offers nice outdoor space for a multi-unit property. Owner has taken pride on maintaining property with care! Tenant-occupied; please do not disturb the residents. Showings by appointment Only.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,541 | 2,250 |
| Lot Size | 4,312 | 5,864 |
| Price | $1.20M | $826.7K |
| Price per sq ft | $339 | $395 |
| Built year | 1925 | 1925 |
| HOA | $0 | $0 |
| Days on market | 30 | 83 |
Jun 22, 2026
$1,200,000
Initial Listing
Oct 15, 2001
$270,000
Public Record