5055 Hub Street, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 1 bath
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Los Angeles, California 90042
This Updated Highland Park Bungalow is a Strong Value Opportunity, listed at $749,000—positioned well below the $786,762 Fair Market Value by 4%. This valuation gap offers $37,762 in Instant Equity for the incoming buyer. Featuring a Move-In Ready Condition Rating, the home boasts critical infrastructure upgrades including a split-system HVAC, earthquake retrofitting, and a reconditioned sewer line. The private yard with treetop views and proximity to York Boulevard's amenities provide significant lifestyle appeal. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey asset in a high-demand corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5055 Hub Street Subject | $749,000* List Price | 2 | 1 | 644 | $1,209 | - |
A 1800 N Avenue 55 Sold | $790,000 | 2 | 1 | 736 | $1,073 | 0.7 mi |
B 1113 N Avenue 50 Sold | $837,500 | 2 | 1 | 898 | $933 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1924, the property has been extensively renovated recently and is in move-in ready condition. It features a modern kitchen with stainless steel appliances and stone countertops, an updated bathroom with contemporary fixtures, and high-quality wood flooring throughout. Significant infrastructure upgrades including a new split-system HVAC, earthquake retrofitting, and a reconditioned sewer line meet current quality standards with no visible deferred maintenance.
Situated in a vibrant and trendy neighborhood, the property offers exceptional proximity to popular dining and nightlife on York and Figueroa, providing a highly desirable urban lifestyle.
The home features essential modern updates including a new split-system HVAC, earthquake retrofitting, and a reconditioned sewer line, offering peace of mind and reduced future maintenance costs for the buyer.
A private, grassy outdoor space complete with a fire pit and treetop views effectively extends the living area, making the property feel more expansive and ideal for entertaining.
At only 644 square feet, the interior living space is quite limited for a two-bedroom home, which may pose challenges for buyers requiring more room or storage.
The presence of only one bathroom can be a significant drawback for households with multiple occupants or for those seeking more modern convenience in a multi-bedroom residence.
Incredible value! Nestled in a sweet quiet neighborhood in vibrant Highland Park sits this lovely remodeled and updated two bedroom, one bath home with a wonderful private grassy outdoor area with fire pit and treetop views. Close but not too close to great shops, dining and nightlife! Seven Minutes to the Arroyo Club on Figueroa, three minutes to Cafe de Leche on York. (per Apple Maps) Recently added split system HVAC system! Earthquake retrofitting has been performed. And sewer line has been recently reconditioned. This home has been well maintained and is move in ready! Don't miss the opportunity to make this house your home and experience the best of Highland Park living!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 29% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 644 | 1,411 | 2% |
| Lot Size | 2,971 | 5,399.5 | 13% |
| Price | $749.0K | $1.21M | 9% |
| Price per sq ft | $1.2K | $892 | 87% |
| Built year | 1924 | 1924 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 63 | 175 | 11% |
Feb 18, 2026
$749,000
Initial Listing
Apr 10, 2018
$575,000
Public Record
Jun 13, 2017
$490,000
Public Record