4943 Granada Street, Los Angeles, California 90042, Los Angeles, 90042 - 4 bed, 2 bath

4943 Granada Street, Los Angeles, California 90042 home-pic-0
ACTIVE$1,099,000
4943 Granada Street, Los Angeles, California 90042
4Beds
2Baths
1,793Sqft
4,675Lot
Year Built
1922
Close
-
List price
$1.1M
Original List price
$1.2M
Price/Sqft
$613
HOA
-
Days on market
-
Sold On
-
MLS number
SW25000706
Home ConditionPoor
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(62th), sqft - 1793(50th), beds - 4(85th), baths - 2(69th).

Located in Highland Park and Nestled in the foothills of mount Washington is this charming Tudor style duplex with access to two streets walking distance from elementary school, Metro rail, Figueroa Blvd farmers market and restaurants & York Blvd and all its boutique businesses. The duplex boasts 2 two bedroom units with a total of three bathrooms, hardwood floor living rooms and bedrooms and tile floors in kitchen and bathrooms. the small yard in front has grown plants making it a bit private with a small vegetable garden and the most prolific and picturesque Orange trees. The garage has been converted to a music studio and in the back of the house a carport for 2 cars. Having access to freeways 101,134,2,5 and the 110 makes this area one of the most desirable in Los Angeles. IDEAL OWNER/USER OR RESIDENTIAL REDEVELOPEMENT OPPORTUNITY,

Price History

Date
Event
Price
09/13/25
Price Change
$1,099,000
01/03/25
Listing
$1,199,000
12/21/11
Sold
$313,000
12/18/09
Sold
$325,000
02/21/06
Sold
$600,000
02/10/05
Sold
$499,500
11/24/93
Sold
$140,000
Condition Rating
Poor

Built in 1922, this property is over 100 years old. While the Tudor exterior offers charm and some rooms retain original hardwood floors, the interior, particularly the kitchen, is severely outdated. The kitchen features bright orange, flat-panel cabinets, dated tile flooring, and an older range, requiring substantial rehabilitation. The presence of a portable AC unit suggests a lack of central cooling, and the property analysis explicitly notes the likelihood of needing updates to older systems (plumbing, electrical, HVAC), which would incur significant costs. Although the structure appears sound, the extensive updates needed for key areas and systems push its condition into the 'poor' category, as it requires substantial repairs and rehabilitation to meet modern living standards.
Pros & Cons

Pros

Exceptional Location & Accessibility: Situated in desirable Highland Park, offering excellent walkability to schools, Metro rail, vibrant commercial districts (Figueroa & York Blvds), and convenient access to major freeways (101, 134, 2, 5, 110).
Income-Generating Duplex: A charming Tudor-style duplex with two 2-bedroom units and a total of three bathrooms, presenting an ideal owner/user opportunity or a solid residential income investment.
Historic Charm & Character: Built in 1922, the Tudor-style architecture, hardwood floors, and private yard with mature plants and orange trees contribute to its unique appeal and curb appeal.
Flexible Use Spaces: Features a converted garage currently used as a music studio, offering versatile space for creative pursuits, home office, or potential ADU conversion (subject to permits), alongside a dedicated 2-car carport.
Redevelopment Potential: Explicitly marketed as an 'IDEAL OWNER/USER OR RESIDENTIAL REDEVELOPEMENT OPPORTUNITY,' suggesting significant upside for future expansion, renovation, or strategic investment.

Cons

Age-Related Maintenance: As a 1922-built property, it likely requires ongoing maintenance and potential updates to older systems (plumbing, electrical, HVAC) which could incur significant costs for a buyer.
Lack of Traditional Garage: The garage has been converted into a music studio, meaning there is no enclosed garage parking or storage, which might be a drawback for buyers seeking traditional garage functionality.
Recent Price Reduction: The property has undergone a $100,000 price reduction, which could signal an initial overpricing or extended market time, potentially raising buyer concerns about its market value or underlying issues.

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