4840 Malta Street, Los Angeles, California 90042, Los Angeles, 90042 - 4 bed, 3 bath
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Los Angeles, California 90042
This Turnkey Highland Park Residence is a Strong Value Opportunity, listed at $1,499,000—positioned well below the $1,564,945 Fair Market Value by 4%. This valuation gap offers $65,945 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a permitted ADU, chef's kitchen, and mountain views. Its blend of modern updates and income-generating potential makes it an ideal acquisition for Owner-Occupants seeking a lifestyle upgrade or Buy-and-Hold Investors looking for a high-quality, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4840 Malta Street Subject | $1,499,000* List Price | 4 | 3 | 1,668 | $938 | - |
A 5125 Buchanan Street Sold | $1,250,000 | 3 | 2 | 1,754 | $713 | 0.9 mi |
B 5670 Hub Street Active | $1,399,800 List Price | 4 | 2 | 1,376 | $1,017 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1939, the property has undergone a high-end, comprehensive renovation within the last 5 years. It features a modern chef's kitchen with stainless steel appliances, spa-inspired bathrooms, wide-plank wood flooring, and updated systems including recessed lighting and mini-split HVAC units. The condition is mint and move-in ready.
The property features a detached guest studio with high ceilings and its own kitchenette, providing a flexible space for a home office, creative retreat, or potential rental income opportunity.
Situated on a rare 6,253 sqft flat lot behind gates, the property offers an exceptional level of privacy and usable outdoor space, including lush gardens, grassy areas, and multiple lounging decks.
Located in one of the neighborhood's most coveted areas, the home is just moments from the vibrant cafes, boutiques, and restaurants of York Boulevard and Figueroa Street.
With four bedrooms packed into 1,668 square feet, the individual room sizes and common living areas may feel somewhat small for larger families or those seeking grander proportions.
At a list price of nearly $1.5 million, the property commands a premium price point relative to its interior square footage, which may challenge buyers focused on maximizing indoor living space.
Set behind gates on an expansive flat lot in one of Highland Park's most coveted locations, this beautifully updated 4-bedroom, 3-bath home which includes a permitted ADU at 4840 Malta St offers privacy, style, and effortless indoor-outdoor California living. Surrounded by lush landscaping and sun-filled outdoor spaces, the property is designed for both entertaining and everyday relaxation.The thoughtfully updated main residence features bright open-concept living spaces with wide-plank wood floors, designer finishes, oversized picture windows, and seamless flow to the outdoor decks and gardens. The chef's kitchen includes custom cabinetry, butcher block countertops, stainless steel appliances, and warm wood accents. Spacious bedrooms and spa-inspired baths create a serene and inviting atmosphere throughout.A detached guest studio with high ceilings and its own kitchenette offers excellent flexibility for guests, a creative workspace, office, or potential income opportunity. The expansive grounds include multiple lounging areas, mature trees, grassy yard space, and a peaceful retreat-like setting.Just moments from York Boulevard and Figueroa's celebrated cafes, restaurants, and boutiques, this special property presents a rare opportunity to enjoy modern comfort, timeless California charm, and an exceptional sense of privacy on an oversized flat lot in the heart of Highland Park.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 72% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 1,668 | 1,452 | 62% |
| Lot Size | 6,253 | 5,601 | 62% |
| Price | $1.50M | $1.20M | 76% |
| Price per sq ft | $899 | $883 | 53% |
| Built year | 1939 | 1924 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 128 | 1% |
May 21, 2026
$1,499,000
Initial Listing
Aug 28, 2020
$1,225,000
Public Record
Oct 21, 2019
$620,000
Public Record
Aug 5, 2003
$335,000
Public Record