144 S Avenue 57, Los Angeles, California 90042, Los Angeles, 90042 - 0 bed, 0 bath
Loading property details...
144 S Avenue 57
Los Angeles, California 90042
ACTIVE
CONDITION: FAIR
0Beds
0Baths
3,541Sq Ft
4,312Lot Size
Property Price
LIST PRICE$1,150,000
EST. MARKET VALUE
$1,216,222
5% BelowMARKET VALUE
SUMMARY
This 1925 Spanish Revival fourplex represents a Strong Value Opportunity, listed at $1,150,000—positioned well below the $1,216,222 Fair Market Value by 5%. This valuation gap offers $66,222 in Instant Equity. With a Condition Rating of 4, the property is well-maintained but offers significant upside for cosmetic modernization. Featuring four private garages and a brick-paved rear garden, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a stable, historic income-producing property within the Highland Park–Garvanza HPOZ.
Estimated Market Value
$1,216,222+$66,222 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 |
|---|---|---|---|---|---|---|
★ 144 S Avenue 57 Subject 0 bd · 0 ba · 3,541 sqft · $343 | $1,150,000* List Price | 0 | 0 | 3,541 | $343 | - |
A 5620 Stratford Active 0 bd · 0 ba · 3,614 sqft · $387 · 0.9 mi | $1,399,000 List Price | 0 | 0 | 3,614 | $387 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1925, this historic fourplex is well-maintained but dated. While the exterior and hardwood floors appear to be in good condition, the property lacks evidence of a major renovation within the last 15-30 years. The kitchens, bathrooms, and core systems likely require updates to meet modern standards, fitting the criteria for a functional but dated property needing minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Historic Architectural Appeal
This 1925 Spanish Revival fourplex features unique period details like a castellated parapet and is protected by the Highland Park–Garvanza HPOZ, ensuring long-term character preservation and aesthetic value.
- Dedicated Parking & Outdoor Space
The property includes four private garages—one for each unit—and a brick-paved rear garden with mature fruit trees, providing rare and highly desirable amenities for a multi-unit building in this neighborhood.
- Pride of Ownership
Held by the same owner for over two decades, the property has been meticulously maintained, offering a more stable and well-cared-for investment compared to typical vintage multi-family assets.
CONSRISKS & DEFICIENCIES
- Tenant Occupancy Constraints
The property is fully tenant-occupied, which may present challenges for buyers seeking immediate owner-occupancy or those looking to implement significant interior renovations due to local rent stabilization ordinances.
- Historic Preservation Restrictions
Being located within an HPOZ limits exterior modifications and redevelopment options, requiring strict adherence to historic guidelines for any future improvements or repairs.
About 144 S Avenue 57
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.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1925
- Lot Size
- 4,312 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 3,541 | 2,090.331 |
| Lot Size | 4,312 | 5,852.908 |
| Price | $1.15M | $830.9K |
| Price per sq ft | $325 | $394 |
| Built year | 1925 | 1928 |
| HOA | $0 | $0 |
| Days on market | 35 | 87 |
Pricing History
Listed for Sale
Oct 5, 2026
$1,150,000
Initial Listing
Sold
Oct 15, 2001
$270,000
Public Record