1614 S Highland Avenue, Los Angeles, California 90019, Los Angeles, 90019 - 3 bed, 1 bath

1614 S Highland Avenue, Los Angeles, California 90019 home-pic-0

1614 S Highland Avenue

Los Angeles, California 90019

ACTIVE UNDER CONTRACT
CONDITION: TEAR DOWN
3Beds
1Baths
1,263Sq Ft
9,294Lot Size

Property Price

LIST PRICE$1,095,000
EST. MARKET VALUE
$805,906
35% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$805,906
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1614 S Highland Avenue
Subject
$1,095,000*
List Price
311,263$638-
A
4523 W 18th Street
Active
$995,000
List Price
211,293$7700.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Tear down
TeardownExcellent

Property is land value only, full reconstruction required.

The property was built in 1926, well over 50 years ago. The listing explicitly states the 'existing structure is likely not financeable' and is an 'ideal redevelopment opportunity,' with the property's value based solely on the land. The property analysis further confirms it's a 'tear-down' that 'adds no value, requiring demolition costs.' The exterior images show a very old and neglected structure, and the absence of interior photos suggests the current living conditions are unlivable or beyond repair.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9294, living area = 1263.

  • High Development Potential

    The property is explicitly marketed as a 'Prime Development Opportunity' with 'strong multi-unit development potential' due to its zoning and lot size.

  • Strategic Location

    Located in the 'heart of Mid-City / West Adams,' a rapidly growing neighborhood with proximity to major employment centers, transit, dining, and retail, ensuring strong long-term demand.

CONSRISKS & DEFICIENCIES

  • Existing Structure Condition

    The current 1926 structure is 'likely not financeable,' indicating it's a tear-down and adds no value, requiring demolition costs as part of the development.

  • Extensive Due Diligence Required

    The listing explicitly places the burden on the buyer for 'all zoning, permits, lot size, incentives, development potential, and conduct all due diligence,' suggesting potential complexities or unverified aspects.

  • Redevelopment Focus Only

    The property is solely positioned as a redevelopment opportunity, limiting the buyer pool to developers and investors, and not suitable for immediate occupancy or traditional residential financing.

About 1614 S Highland Avenue

Prime Development Opportunity – Mid-City / West Adams Attention developers and investors: 1614 S Highland Avenue offers a 9,294 sq ft flat lot in the heart of Mid-City / West Adams, one of Los Angeles’ fastest-growing neighborhoods. Zoned LARD1.5, the property presents strong multi-unit development potential, with possible density increases through affordable housing incentives. Located within an Opportunity Zone and potentially eligible for the Citywide Initiative Program, this site may offer added tax and development advantages. The existing structure is likely not financeable, making this an ideal redevelopment opportunity. Surrounded by recent projects and close to major employment centers, transit, dining, and retail, the location supports strong long-term rental demand and continued appreciation. Buyer and buyer’s agent to verify all zoning, permits, lot size, incentives, development potential, and conduct all due diligence.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1926
Lot Size
9,294 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
1 (1 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths1.02.0
13%
Square foot1,2631,767
18%
Lot Size9,2946,102
95%
Price$1.09M$1.35M
33%
Price per sq ft$867$764
67%
Built year19261926
50%
HOA$0$0
50%
Days on market46172
3%

Pricing History

Listed for Sale

Jan 19, 2026

$1,095,000

Initial Listing

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