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148 S Avenue 53, Los Angeles, California 90042, Los Angeles, 90042 - bed, bath

148 S Avenue 53, Los Angeles, California 90042 home-pic-0
ACTIVE$924,999
148 S Avenue 53, Los Angeles, California 90042
0Bed
0Bath
2,916Sqft
8,301Lot
Year Built
1905
Close
-
List price
$925K
Original List price
$900K
Price/Sqft
$317
HOA
-
Days on market
-
Sold On
-
MLS number
SB25052630
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $925.0K(23th), sqft - 2916(69th), beds - undefined(50th), baths - undefined(50th).

Live in one unit and rent the other. Nestled in the highly sought-after Highland Park area, this charming duplex presents an exceptional opportunity for homeowners and investors alike. Situated just a block away from Figueroa St and its vibrant array of eateries, cafes, shops, and galleries, convenience and culture intertwine seamlessly in this prime location. With a little TLC this is ideal for both owner used and investors, separate electric and gas meters, ensuring privacy and ease of utility management. Whether you're seeking a savvy investment opportunity or envisioning your dream home in this bustling neighborhood, this duplex promises endless possibilities. Experience the dynamic energy of Highland Park while enjoying the flexibility and potential for growth that this property affords. This is a historically zone property.

Price History

Date
Event
Price
08/08/25
Price Change
$924,999
03/11/25
Listing
$899,500
05/30/96
Sold
$152,000
Condition Rating
Poor
Built in 1905, this property exhibits significant signs of age and deferred maintenance on its exterior, including extensive peeling paint and an aged roof. While interior images are not provided, the visible exterior condition strongly indicates that the interior, including kitchens and bathrooms, would be severely outdated and require substantial renovation. Major systems (electrical, plumbing, and potential HVAC) are likely original or very old, necessitating significant upgrades or replacement. The property requires substantial repairs and rehabilitation to meet current living standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Income-Generating Duplex: This duplex offers a versatile opportunity for owner-occupancy with rental income or as a pure investment, supported by separate utility meters for ease of management.
Prime Highland Park Location: Nestled in the highly sought-after Highland Park area, the property boasts excellent walkability to Figueroa Street's vibrant array of eateries, shops, and galleries.
Strong Investment Potential: Explicitly marketed for both homeowners and investors, this property promises significant potential for growth and a savvy investment in a dynamic neighborhood.
Independent Utility Management: Separate electric and gas meters for each unit ensure privacy and simplify utility management for both owner and tenants.
Historic Charm & Views: A charming, historically zoned property offering unique architectural character and desirable mountain views, enhancing its appeal.

Cons

Requires Renovation/TLC: The property description notes it needs 'a little TLC,' indicating a need for immediate or future investment in repairs, upgrades, and modernization.
Aging Infrastructure: Built in 1905, the property likely has older systems and components that may require significant maintenance, repair, or replacement in the near future.
Historic Zoning Restrictions: While adding character, its historically zoned status may impose limitations and additional costs on potential renovations or modifications.

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