
Los Angeles, California 90042
This property presents a Strong Value Opportunity with a List Price of $650,000—positioned well below the $715,629 Fair Market Value by 9%. This valuation gap offers $65,629 in Instant Equity for buyers. Featuring a Condition Rating of 5, the home requires a full rehabilitation, yet its non-HPOZ zoning and detached garage provide significant Development Potential. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors looking to build sweat equity in a prime Highland Park location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5049 Meridian Subject 2 bd · 1 ba · 852 sqft · $840 | $650,000* List Price | 2 | 1 | 852 | $840 | - |
A 5139 Irvington Place Active 3 bd · 1 ba · 864 sqft · $913 · 0.5 mi | $789,000 List Price | 3 | 1 | 864 | $913 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1908 and explicitly marketed as a 'fixer' and 'diamond in the rough,' this property is over 100 years old with no evidence of recent renovations. Interior images show peeling paint, dated materials, and exposed wiring, indicating that the kitchen, bathroom, and major systems (HVAC/Electric) require a full rehabilitation.
Situated just one block from York Boulevard's vibrant dining and nightlife, the property boasts an exceptional walk score in one of Highland Park’s most sought-after pockets.
Located in a non-HPOZ zone with a detached garage and a generous 5,228 sq ft lot, the property offers a clear pathway for expansion or ADU development.
As a 'diamond in the rough' fixer-upper, this home provides a significant opportunity for investors or buyers to build substantial sweat equity through renovation.
The property is marketed as a fixer home, implying the need for significant capital investment and construction work to make it move-in ready.
With only 852 square feet of recorded living area, the current footprint is quite small, which may limit appeal for families or require a costly expansion.
Charming fixer home in one of Highland Park’s most coveted pockets. Centrally located just one block from the vibrant shops, dining, and nightlife along York Boulevard, this 2-bedroom, 1-bathroom home presents an incredible opportunity for investors, or savvy buyers ready to build sweat equity. Offering 852 sq ft of sun-drenched living space on a generous 5,228 sq ft lot, the home features an airy layout flooded with natural light. Beyond the recorded footprint, you’ll find versatile extra bonus areas (not included in the square footage)—ideal for a home office, creative studio, or potential guest space. Step outside to a spacious, private backyard with plenty of room for outdoor entertaining, gardening, or expansion. A detached garage at the rear adds convenient parking, storage, or potential ADU exploration (buyer to verify). Unbeatable location with a high walk score—enjoy legendary neighborhood staples just moments from your front door. Located in a non-HPOZ zone, creating a pathway to greater possibilities. Bring your contractor and transform this diamond in the rough into a Highland Park masterpiece.
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 | 852 | 1,670.836 |
| Lot Size | 5,228 | 6,152.156 |
| Price | $650.0K | $1.34M |
| Price per sq ft | $763 | $807 |
| Built year | 1908 | 1941 |
| HOA | $0 | $238 |
| Days on market | 18 | 56 |
Oct 22, 2026
$650,000
Initial Listing