5115 N Figueroa, Los Angeles, California 90042, Los Angeles, 90042 - 4 bed, 2 bath
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Los Angeles, California 90042
This Historic Value-Add Asset is listed at $1,475,000, positioned above the $1,396,471 Fair Market Value. While the price reflects the high demand of the Highland Park market, the property’s 2,838 sq. ft. footprint and 7,553 sq. ft. lot offer significant potential for forced appreciation through an ADU or full restoration. The Condition Rating of 5 necessitates a comprehensive rehab of all major systems, yet the location within the Los Angeles Unified district ensures long-term desirability. This is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to restore Northeast LA history.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5115 N Figueroa Subject | $1,475,000* List Price | 4 | 2 | 2,838 | $492 | - |
A 573 Kendall Avenue Pending | $1,285,000 List Price | 3 | 2 | 2,172 | $592 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1903 with no evidence of major renovations in the last 30+ years. The exterior shows significant wear and peeling paint, while the presence of window AC units suggests a lack of modern HVAC systems. The interior retains original but dated woodwork and flooring, and the listing's emphasis on 'potential' and 'modified photos' indicates the property requires a comprehensive rehab of kitchens, bathrooms, and electrical systems.
Situated in one of Northeast LA’s most desirable pockets, the property offers exceptional walkability to trendy cafes, nightlife, and scenic outdoor spaces like Ernest E. Debs Regional Park.
Built in 1903 with 'old Hollywood' ties, this 2,838 sq. ft. residence provides a rare combination of historic architectural charm and significant interior living space.
The 7,553 sq. ft. lot is unusually large for the area, offering ample room for outdoor entertaining or the potential to add an ADU, increasing the property's long-term value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The 1903 construction date and the agent's emphasis on 'potential' suggest that the home may require significant capital investment for structural, electrical, or plumbing upgrades.
The disclosure that listing photos have been 'slightly modified' indicates that the property's current physical condition may not fully match the marketing materials, which can be a deterrent for buyers.
Located in the heart of one of Northeast LA’s most sought-after neighborhoods, 5115 N. Figueroa offers the perfect blend of urban convenience, hillside charm, and vibrant local culture. Nestled between Highland Park and Mount Washington, this property places you minutes from some of Los Angeles’ trendiest cafés, restaurants, parks, and entertainment destinations. Highland Park has become one of LA’s hottest neighborhoods, known for its creative energy, walkable streets, historic character, and thriving food and nightlife scene. This spacious 4-bedroom, 2-bathroom home features approximately 2,838 sq. ft. of living space also plenty of Lot space to host parties of build. This home carries a unique touch of old Hollywood history from past owners, adding character and timeless appeal. A rare opportunity to own a distinctive property in one of Northeast LA’s most sought-after neighborhoods. Outdoor enthusiasts will appreciate being close to scenic escapes such as Ernest E. Debs Regional Park, Hermon Park, and Moon Canyon Park, offering hiking trails, panoramic city views, and abundant green space. The location also provides convenient access to Downtown Los Angeles, Pasadena, Glendale, and major freeways, making commuting simple while still enjoying the feel of a close-knit neighborhood community. A must see Home! With so much potential! Photos have been slightly modified. Contact listing agent Gus for more info or schedule any appointments.
No exterior & parking available.
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| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,838 | 1,352 | 96% |
| Lot Size | 7,553 | 5,658 | 79% |
| Price | $1.48M | $1.20M | 77% |
| Price per sq ft | $520 | $887 | 8% |
| Built year | 1903 | 1923 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 124 | 1% |
May 6, 2026
$1,475,000
Initial Listing