
Los Angeles, California 90032
This Commercial-Zoned Craftsman Asset is listed at $699,000, a strategic price point anchored by the rare LAC4 Zoning designation, despite a residential Fair Market Value of $571,605. Currently in a Severe Neglect Condition, the property offers a unique opportunity for high-density, mixed-use development or a full-scale historic restoration. The 6,602 sqft lot features valuable alley access and hillside views within the Los Angeles Unified district. This high-upside acquisition is perfectly suited for Fix-and-Flip Investors or Developers looking to capitalize on El Sereno's growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5077 Huntington N Subject | $699,000* List Price | 2 | 1 | 942 | $607 | - |
A 3300 Thelma Avenue Sold | $660,000 | 2 | 1 | 960 | $688 | 0.6 mi |
B 5377 Oakland Sold | $754,000 | 2 | 1 | 1,253 | $602 | 0.4 mi |
C 3233 Dorchester Avenue Sold | $575,000 | 2 | 1 | 764 | $753 | 0.6 mi |
D 5301 Huntington N Drive Active | $700,000 List Price | 2 | 1 | 850 | $824 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1908 with no evidence of renovations. The structure is in a state of severe neglect with boarded-up windows, peeling paint, and failing interior surfaces. The listing explicitly targets investors for restoration or high-density redevelopment under LAC4 zoning, suggesting the property is currently unlivable and valued primarily for the land.
The LAC4 zoning designation permits high-density, mixed-use development including retail, offices, and apartments, offering significant upside for investors and developers.
This 1908 legacy property features iconic Craftsman architecture and impressive frontage, providing a rare opportunity to restore a piece of Los Angeles history.
The 6,602 sqft lot includes valuable alley access and ample parking space in the rear, which is a premium feature for both residential and commercial utility.
Given its age and description, the property likely requires a full restoration to bring it up to modern standards, necessitating a substantial additional capital investment.
At just 942 square feet, the current living area is quite small for the price point, which may limit its immediate functionality for larger families or occupants.
Amazing frontage Craftsman home Properties of this caliber rarely if ever come to market and could not be recreated today. A true legacy property: unrepeatable and undeniably iconic. Investors: Bring your vision to create a new lifestyle of living and working from home. LAC4 zoning in Los Angeles is a "Limited Commercial" designation that permits high-density, mixed-use development, including retail, offices, and apartments. Or, basically, restore the original home and bring it back to life. Most errands can be accomplished on foot; there is some bike infrastructure and public transportation. Plenty of parking is in the back with Alley access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 31% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 942 | 1,236 | 18% |
| Lot Size | 6,602 | 5,435 | 75% |
| Price | $699.0K | $868.0K | 14% |
| Price per sq ft | $742 | $693 | 62% |
| Built year | 1908 | 1940 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 171 | 1% |
Apr 30, 2026
$699,000
Initial Listing
Jan 11, 2017
$259,000
Public Record