459 S Lorena Street, Los Angeles, California 90063, Los Angeles, 90063 - 2 bed, 2 bath

459 S Lorena Street, Los Angeles, California 90063 home-pic-0

459 S Lorena Street

Los Angeles, California 90063

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
753Sq Ft
4,987Lot Size

Property Price

LIST PRICE$499,000

SUMMARY

Analysis of 459 S Lorena Street, Los Angeles, California 90063 is currently available with a list price of $499,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being originally built in 1917, this property has undergone an extensive recent renovation as part of a TIC conversion. It features modern upgrades including energy-efficient mini-split HVAC systems, soaring vaulted ceilings, and a fully modernized entertainer's kitchen. The interior boasts updated flooring, contemporary light fixtures, and a move-in-ready aesthetic with no signs of deferred maintenance, meeting the criteria for a high-quality, recently renovated residence.

PROSSTRENGTHS & OPPORTUNITIES

  • Modernized Character

    This 1917 residence has been thoughtfully updated with soaring vaulted ceilings, a charming fireplace, and energy-efficient mini-split systems, blending historic charm with contemporary comfort.

  • Urban Homestead Potential

    The property features a rare private yard equipped with five types of fruit trees and a variety of edible plants, offering a serene outdoor oasis and sustainability in the heart of the city.

  • Iconic DTLA Views

    Residents enjoy sweeping vistas of the Downtown Los Angeles skyline and the historic First Street Bridge, providing a high-value visual backdrop from the upper-level living space.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 753, other record living area = 1532.

  • TIC Ownership Structure

    As a Tenancy in Common (TIC) property, financing options are more limited compared to traditional condos, typically requiring specialized lenders and potentially higher down payments.

  • Compact Living Space

    With only 753 square feet of interior space for a two-bedroom layout, the floor plan is quite efficient but may feel restrictive for buyers prioritizing spacious room proportions.

About 459 S Lorena Street

Look at those views! Welcome to an incredible opportunity to own a beautifully updated upper-level 2 bedroom, 1.5 bath Tenancy in Common residence in the heart of Boyle Heights, where indoor/outdoor living meets vibrant city energy. You'll feel right at home under soaring vaulted ceilings, and enjoy a bright, open living space centered around a charming fireplace. The entertainer's kitchen flows seamlessly into the living room, creating the perfect setting for hosting friends or enjoying cozy nights in. Interior laundry and energy-efficient mini-splits provide convenient, zoned heating and cooling for year-round comfort. Through your bedroom window, take in sweeping vistas of lush greenery, the DTLA skyline, and the historic First Street Bridge. Whether you're sipping your morning coffee, tending to your garden, or dining under the stars, a private yard offers a rare taste of serenity in the middle of the city. An urban homesteader's paradise, the outdoor areas feature an array of edible plants like grapes, tomatoes, artichoke, passion fruit, lettuce, and kale, as well as five types of fruit trees! Commuting is a breeze with easy access to freeways and the Metro E Line, as well as close proximity to DTLA. Go for a jog at the nearby Evergreen Track or stop for a cold brew and a mouthwatering breakfast around the corner at Picaresca Cafe. Add to your already excessive plant collection with a visit to Latinx with Plants or finally take that pottery class at Still Life Ceramics Studio. The Arts District is just minutes away for a relaxing Sunday brunch or a spontaneous late night out. If you've been looking for a way to get into the LA market, this Tenancy in Common home may be the perfect fit for you - a rare blend of character, convenience, and affordability in the heart of Los Angeles!

Property Details

Public Facts

Property Type
Condominium
Year Built
1917
Lot Size
4,987 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$175.0 / Month

Neighborhood Insights

Los Angeles Unified Schools

Euclid Avenue Elementary School

Grades K-5 • 0.5 mi

5/10

Lorena Street Elementary School

Grades K-5 • 0.5 mi

2/10

First Street Elementary School

Grades K-6 • 0.7 mi

2/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot753944
25%
Lot Size4,9872,493.5
50%
Price$499.0K$487.0K
50%
Price per sq ft$663$489
75%
Built year19171987
25%
HOA$175.0$168
75%
Days on market878
25%

Pricing History

Listed for Sale

Feb 26, 2026

$499,000

Initial Listing

Sold

Aug 12, 2022

$525,000

Public Record

Sold

Aug 12, 2022

$507,000

Public Record

Sold

Oct 6, 2021

$800,000

Public Record

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