5131 San Rafael Avenue, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 2 bath
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Los Angeles, California 90042
This Well-Maintained Highland Park Residence is a Strong Value Opportunity, listed at $999,999—positioned well below the $1,071,900 Fair Market Value by 6%. This valuation gap offers $71,901 in Instant Equity for buyers. While the property maintains a Condition Rating of 4 due to dated aesthetics, it boasts significant mechanical upgrades including new plumbing, AC, and heating. Featuring a private yard and patio, this home is perfectly suited for Owner-Occupants seeking long-term upside or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5131 San Rafael Avenue Subject | $999,999* List Price | 3 | 2 | 1,632 | $657 | - |
A 5830 Fayette Sold | $997,000 | 3 | 2 | 1,488 | $670 | 0.9 mi |
B 231 N Avenue 60 Sold | $978,000 | 3 | 2 | 1,588 | $616 | 0.8 mi |
C 5427 Meridian Street Sold | $875,000 | 3 | 2 | 1,400 | $625 | 0.6 mi |
D 300 La Follette Drive Sold | $1,195,000 | 3 | 2 | 1,710 | $699 | 0.9 mi |
E 5001 Buchanan Street Pending | $1,149,000 List Price | 3 | 1 | 1,475 | $779 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained with significant recent mechanical upgrades, including a new AC, heater, and plumbing. However, the interior is aesthetically dated, featuring 1970s-style wood cabinetry, tiled countertops, floral wallpaper, popcorn ceilings, and older carpeting throughout. While functional and move-in ready, it requires cosmetic modernization to align with current market trends.
The property features significant recent improvements including new plumbing, a new AC unit, a new heater, and a water filtration system all completed within the last three years, reducing immediate capital expenditure for the buyer.
Situated in one of Northeast LA’s most desirable neighborhoods, the home offers excellent proximity to trendy dining, shopping, and urban amenities, ensuring strong long-term value and desirability.
Lovingly maintained by the same owner for over 50 years, this home reflects a rare level of care and structural integrity that provides buyers with added confidence compared to typical investment flips.
While the major systems are updated, the 1941 construction and long-term ownership suggest that the interior may require cosmetic renovations to align with modern aesthetic preferences.
At 4,785 square feet, the lot is relatively compact for the area, which may limit options for significant outdoor expansions, large-scale gardening, or the addition of an ADU.
Welcome to 5131 San Rafael Ave, a rare opportunity in the heart of Highland Park. This 3-bedroom, 2-bath home offers 1,632 square feet of living space on a 4,785 square foot lot and has been lovingly maintained by the same owner for over 50 years. Homes like this do not come up often. This is true pride of ownership, with major system improvements completed within the past 3 years, including new plumbing, a new AC unit, a new heater, and a water filtration system. These meaningful upgrades give buyers added confidence, comfort, and peace of mind. Inside, you will find a spacious layout filled with natural light, offering plenty of room to enjoy as-is or update to match your personal style. The home features generous living areas, well-sized bedrooms, and a functional floor plan ideal for both everyday living and entertaining. Step outside to a private yard with space to relax, garden, or create your ideal outdoor retreat. Located in one of Northeast LA’s most desirable neighborhoods, this home is just minutes from Highland Park favorites, dining, shopping, and convenient access to the best of Los Angeles. Whether you are looking for a move-in-ready home, a property with long-term upside, or a home with strong pride of ownership in a prime location, 5131 San Rafael Ave is an opportunity you do not want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,632 | 1,427 | 67% |
| Lot Size | 4,787 | 5,401 | 29% |
| Price | $1000.0K | $1.23M | 31% |
| Price per sq ft | $613 | $890 | 12% |
| Built year | 1941 | 1924 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 175 | 1% |
Apr 7, 2026
$999,999
Initial Listing