
Los Angeles, California 90042
This 1928 Spanish bungalow represents a Strong Value Opportunity, listed at $849,000—positioned well below the $903,287 Fair Market Value by 6%. This valuation gap offers $54,287 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this turnkey home includes a renovated kitchen, Moroccan-tiled bath, and versatile bonus structures. With its bohemian aesthetic and hillside views, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready Highland Park retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 225 N Avenue 49 Subject | $849,000* List Price | 2 | 1 | 1,221 | $740 | - |
A 5024 Shipley Glen Drive Sold | $875,000 | 2 | 2 | 1,103 | $793 | 0.3 mi |
B 4780 Hub Sold | $871,000 | 3 | 2 | 1,105 | $788 | 1.0 mi |
C 829 N Avenue 53 Active Under Contract | $949,999 List Price | 2 | 2 | 1,272 | $747 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1928, the property has undergone a high-quality, contemporary renovation within the last 5 years. The kitchen is updated with a pro-grade gas range and modern shelving, the bathroom features new Moroccan tile, and the home includes modern HVAC. The interior finishes, including wood floors and custom built-ins, are in mint condition, making it a move-in ready bohemian retreat with no apparent maintenance needs.
This 1928 Spanish bungalow features authentic period details like coved ceilings and a red tile roof, complemented by high-end bohemian upgrades including Moroccan tile and custom built-ins that appeal to the Highland Park aesthetic.
The property includes both a unique interior bonus room with river rock walls and a detached structure, offering exceptional flexibility for a home office, creative studio, or guest space to support a modern work-life balance.
The lot is expertly utilized with native landscaping, a flagstone pergola, and hillside views, providing a private, multi-destination retreat that significantly extends the functional living space outdoors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1221, other record living area = 728.
With only one bathroom serving two bedrooms and multiple bonus spaces, the layout may present functional challenges and limit the property's appeal for families or co-living arrangements.
The property features only a one-car garage, which may be a drawback for multi-vehicle households in a high-density neighborhood where street parking is often competitive.
If you've been dreaming of a bohemian retreat in Highland Park, this 1928 Spanish bungalow is calling your name. The charming stucco facade, red tile roof, and succulent garden make an irresistible first impression; the front porch is a serene perch for morning coffee. The open layout flows beautifully, a sunny space with wood floors, coved ceilings, and a suite of custom built-ins: a wood credenza for your records, a floor-to-ceiling shelving unit for books and treasures, and a dining banquette. The bright, white kitchen features floating shelves, a capacious pantry, and a pro-grade gas range. Both bedrooms get great light; the hall bathroom with a tub and shower is finished in Moroccan tile. A vibey bonus room with river rock walls and stone floors is perfect as a creative hideaway; a detached bonus structure provides more options for life/work balance. The scenic outdoors offer a myriad of destinations, from a flagstone pergola lounge and raised garden beds, to a hammock perch with hillside views, all set within artful native landscaping. Amenities include HVAC, one-car garage, and laundry. Nearby favorites include Gloria's, Sam's Place, Highly Likely, the Metro, and all things Figueroa.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,221 | 1,672 |
| Lot Size | 4,498 | 6,067 |
| Price | $849.0K | $1.37M |
| Price per sq ft | $695 | $801 |
| Built year | 1928 | 1939 |
| HOA | $0 | $348 |
| Days on market | 9 | 56 |
Jul 13, 2026
$849,000
Initial Listing
Dec 7, 2017
$700,000
Public Record
Jan 5, 2009
$255,000
Public Record
May 28, 1999
$120,000
Public Record