
Los Angeles, California 90042
Analysis of 4949 Range View, Los Angeles, California 90042 is currently available with a list price of $1,900,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1923 and over 100 years old with no mentioned renovations, the property is explicitly marketed as a development opportunity. The value lies in the three subdivided parcels and architectural plans for new homes rather than the existing structure, which features dated window AC units and shows significant age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20303, living area = 914.
The property is already legally subdivided into three parcels with a recorded map and architectural plans, significantly reducing the lead time and entitlement risk for developers.
Situated moments from York Boulevard and Occidental College, the property is located in one of Northeast Los Angeles' most vibrant and high-demand residential markets.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =20303, other record lot size in square feet = 6142.
The hillside topography may necessitate more expensive engineering, specialized foundation work, and higher construction costs compared to flat-lot developments.
The buyer is responsible for independently verifying all permits, zoning, and utility capacities, which adds a layer of risk and time to the pre-construction phase.
Rare development opportunity in the desirable Highland Park area of Los Angeles. This offering includes three legal parcels with separate APNs (5476-011-038, 5476-011-039, and 5476-011-040). Parcel Map has been recorded and the property has already been legally subdivided into three residential lots. The existing front parcel contains a single-family residence, while architectural plans have been prepared for two additional detached single-family homes on the rear parcels. Plans include approximately 1,662 SF and 1,752 SF two-story residences, respectively. Ideally situated in a hillside residential neighborhood just moments from historic York Boulevard and Occidental College, the property enjoys convenient access to Highland Park's renowned restaurants, cafes, boutiques, cultural attractions, Pasadena, Downtown Los Angeles, and major transportation corridors. York Boulevard is one of Northeast Los Angeles' most vibrant and established commercial destinations, contributing to the area's strong appeal and continued growth. An exceptional opportunity for builders, developers, investors, or owner-users seeking a multi-home development project in one of Northeast Los Angeles' most desirable neighborhoods. Buyer to independently verify all development potential, permits, approvals, plans, zoning, lot dimensions, utilities, and intended use with the City of Los Angeles.
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 | 914 | 1,664.159 |
| Lot Size | 20,303 | 6,066.556 |
| Price | $1.90M | $1.35M |
| Price per sq ft | $2.1K | $806 |
| Built year | 1923 | 1939 |
| HOA | $0 | $278 |
| Days on market | 7 | 55 |
Sep 2, 2026
$1,900,000
Initial Listing
Jun 4, 2024
$1,690,000
Public Record