149 S Avenue 54 13, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 3 bath
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Los Angeles, California 90042
This townhome presents a High-Potential Investment Opportunity with a List Price of $449,999—positioned well below the $465,379 Fair Market Value by 3%. This valuation gap offers $15,380 in Instant Equity for buyers ready to address the Fair Condition Rating. Featuring Mountain Views and a private deck, the property requires cosmetic updates to unlock its full potential. Located in the desirable Highland Park neighborhood, this is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 149 S Avenue 54 13 Subject | $449,999* List Price | 2 | 3 | 1,091 | $427 | - |
A 5840 Benner 102 Pending | $390,000 List Price | 2 | 2 | 753 | $518 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1984 (40 years old) with no evidence of renovations, falling into the >30y category. The listing explicitly describes the property as a 'renovation project' and 'opportunity to create value,' while photos show original 1980s features including popcorn ceilings and dated carpeting.
Situated in a highly desirable and trendy neighborhood near major freeways, dining, and shopping, offering excellent urban convenience and long-term appreciation potential.
Priced competitively as a renovation project, this townhome allows investors or handy buyers to build immediate equity through cosmetic or structural upgrades.
The property features mountain views, providing a pleasant aesthetic backdrop that enhances the living experience and adds unique appeal to the unit.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =26687, other record lot size in square feet = 11848. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1091, other record living area = 4399. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 8.
The property is being sold in its present condition and requires significant renovation, which will necessitate additional capital investment and oversight from the buyer.
A monthly HOA fee of $550 represents a substantial recurring expense that may impact buyer affordability and overall investment yield.
Opportunity awaits in the highly desirable Highland Park neighborhood! This townhome offers incredible potential for buyers ready to bring their vision to life. Conveniently located near major freeways, shopping, dining, parks, and local amenities, the location is hard to beat. Whether you're an investor or a buyer looking for your next renovation project, this property presents a great opportunity to create value. Property is being sold in its present condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,091 | 1,243 |
| Lot Size | 26,687 | 24,016 |
| Price | $450.0K | $805.6K |
| Price per sq ft | $412 | $659 |
| Built year | 1984 | 1981 |
| HOA | $550.0 | $684 |
| Days on market | 2 | 71 |
Jul 23, 2026
$449,999
Initial Listing