
Los Angeles, California 90042
This Highland Park duplex represents a High-Potential Investment Opportunity, listed at a List Price of $1,349,000—positioned above the $1,241,015 Fair Market Value. While currently priced above market, the property offers significant long-term upside through its 7,339 sqft lot and ADU development potential. Featuring a Condition Rating of 3, the asset includes recent infrastructure upgrades like new sewer lines and modernized interiors. This flexible Residential Income asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income while residing in a prime Northeast Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5020 Aldama Street Subject | $1,349,000* List Price | 5 | 3 | 1,798 | $690 | - |
A 4816 Stratford Sold | $980,000 | 4 | 2 | 1,734 | $565 | 0.8 mi |
B 818 N Avenue 51 Active | $950,000 List Price | 3 | 3 | 1,202 | $790 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1966 but features 'newer' kitchens and bathrooms that appear to be within a 5-15 year renovation window. The property is well-maintained and move-in ready with significant infrastructure upgrades like new sewer lines, though it lacks central HVAC, utilizing window units instead.
The duplex configuration on a generous 7,339 sqft lot provides immediate rental income with significant value-add potential through the addition of a rear ADU.
Recent upgrades including newer kitchens, bathrooms, and a brand-new sewer line system reduce the need for immediate capital expenditures and improve tenant retention.
Situated in one of Northeast LA's most desirable pockets, the property offers high walkability to trendy retail and dining on York Boulevard and Figueroa Street.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7339, other record lot size in square feet = 7187.
The property is currently tenant-occupied, which may complicate immediate owner-occupancy plans or the ability to reset rents to current market rates.
Built in 1966, the structure lacks the historic Craftsman or Mid-Century Modern character that typically commands a premium in the Highland Park real estate market.
Contemporary and well-maintained two-unit property in the heart of Highland Park offering a rare opportunity for investors, multigenerational living, or owner-users seeking additional income potential. This tenant-occupied duplex features two thoughtfully designed units, with Unit 1 offering 3 bedrooms and 2 bathrooms and Unit 2 featuring 2 bedrooms and 1 bathroom. Both units enjoy private decks with beautiful views of the surrounding hills and neighborhood, creating inviting outdoor spaces to relax and take in the scenery. Situated on a large lot, the property also offers potential for an ADU at the rear, providing an opportunity for future value and additional income potential. Buyer to verify all development possibilities with the appropriate agencies. Interior improvements include newer kitchens and bathrooms, while recent infrastructure upgrades include new sewer lines installed earlier this year, along with an additional cleanout line for convenient future maintenance. Located in one of Northeast Los Angeles’ most sought-after neighborhoods, the property is close to Highland Park’s popular coffee shops, restaurants, boutiques, and vibrant local businesses. Enjoy easy access to York Boulevard and Figueroa Street, nearby parks and hiking trails, as well as convenient connections to Downtown Los Angeles, Pasadena, and major freeways. With its desirable location, flexible two-unit configuration, views, large lot, and potential for future expansion, 5020 Aldama St presents an exceptional opportunity to own an income-producing property in the highly desirable Highland Park community.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,798 | 2,187.451 |
| Lot Size | 7,339 | 5,841.385 |
| Price | $1.35M | $841.5K |
| Price per sq ft | $750 | $385 |
| Built year | 1966 | 1928 |
| HOA | $0 | $0 |
| Days on market | 6 | 85 |
Sep 3, 2026
$1,349,000
Initial Listing