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204 N Avenue 49, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 2 bath

204 N Avenue 49, Los Angeles, California 90042 home-pic-0
ACTIVE$1,300,000
204 N Avenue 49, Los Angeles, California 90042
3Beds
2Baths
1,375Sqft
13,701Lot
Year Built
1987
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$945
HOA
-
Days on market
-
Sold On
-
MLS number
P1-23245
Home ConditionFair
Features
Good View: Landmark, Trees/Woods
Deck
Patio
ViewLandmark, Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.30M(58th), sqft - 1375(55th), beds - 3(50th), baths - 2(50th).

Gated Urban Oasis with Bonus Space & Development Potential in Highland ParkWelcome to 204 N Avenue 49 - a secluded retreat in the heart of Highland Park. Set behind a private gate on an expansive lot, this property feels like a peaceful woodland escape that feels worlds away from the city- yet it's just minutes from Highland Park's vibrant shops/restaurants on York Blvd, Figueroa, and the Metro Gold Line.Mature trees surround the home, creating a lush, natural canopy with multiple seating areas and vista points to enjoy the outdoors. From the backyard, you'll even find a unique view of the nearby historic Southwest Museum, adding to the charm and character of the setting.Inside, the home features a bonus room and additional basement storage, offering flexible space for a studio, office, or creative use. The lot's size and layout may also offer potential for an ADU and/or a JADU (buyer to verify with the city and respective agencies)--a great opportunity for developers or those looking to expand.Whether you're searching for a serene escape or a property with room to grow, 204 N Avenue 49 delivers privacy, personality, and potential in one of LA's most beloved neighborhoods.

Price History

Date
Event
Price
07/15/25
Listing
$1,300,000
Condition Rating
Fair
Built in 1987, this property is functional and appears maintained, but its interior, particularly the bathroom (checkered tile, glass block, basic lighting), shows clear signs of being outdated, likely from an older renovation or original features. The presence of wall-mounted AC units and a wood-burning stove suggests a lack of modern central HVAC. While move-in ready, it requires minor updates and system modernizations to align with current standards.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in the heart of Highland Park, the property offers excellent access to vibrant shops, restaurants on York Blvd and Figueroa, and the Metro Gold Line, providing urban convenience.
Exceptional Privacy & Ambiance: Described as a 'gated urban oasis' and 'secluded retreat' on an expansive lot with mature trees, it provides a peaceful woodland escape with multiple seating areas and a unique view of the Southwest Museum.
Significant Development Potential: The large lot size and layout present a strong opportunity for adding an ADU and/or JADU, appealing to developers or buyers looking to expand the property's footprint and value.
Flexible Bonus Spaces: The inclusion of a bonus room and additional basement storage offers versatile space for a studio, office, or other creative uses, enhancing the property's functionality.
Expansive & Scenic Outdoor Living: The property boasts an expansive lot with lush, natural landscaping and multiple vista points, creating a serene outdoor environment for relaxation and entertainment.

Cons

Unverified Development Potential: The description explicitly states 'buyer to verify with the city and respective agencies' regarding ADU/JADU potential, indicating that this significant value-add is not guaranteed and requires buyer due diligence, which can be a barrier or add uncertainty.
Lack of Interior Detail: The property description is vague on the specifics of the interior, beyond mentioning a bonus room and basement storage. This suggests the main living spaces may be dated or require significant updates, which could deter buyers seeking move-in ready homes.
Older Construction: Built in 1987, the property is nearly 40 years old. This implies that major systems (e.g., plumbing, electrical, HVAC) and finishes may be original and could require updating or replacement, leading to potential unforeseen costs for a buyer.

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