
Los Angeles, California 90042
This 1926 Highland Park Value-Add Asset represents a strategic entry point into a high-demand market, listed at $859,900—positioning it accurately alongside its $856,615 Fair Market Value. Currently holding a Condition Rating of 5, the property requires a comprehensive interior rehabilitation to modernize its compact 3-bedroom layout and aging systems. The asset features desirable hillside views and sits moments from the trendy York Boulevard corridor, offering significant upside through forced appreciation and renovation. This is a prime acquisition for Fix-and-Flip Investors or Contractors seeking to build equity in Northeast Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5139 Irvington Subject | $859,900* List Price | 3 | 1 | 864 | $991 | - |
A 5413 Meridian Street Sold | $1,035,000 | 3 | 1 | 1,040 | $995 | 0.5 mi |
B 322 N Avenue 56 Sold | $830,000 | 2 | 1 | 936 | $887 | 0.6 mi |
C 5318 Irvington Place Active Under Contract | $880,000 List Price | 2 | 1 | 900 | $978 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1926, the property features a highly outdated kitchen and bathroom that appear to be over 30 years old. While there are minor modern touches like recessed lighting, the listing explicitly states the home needs TLC and represents a value-add opportunity, indicating a need for significant rehab and system updates.
Situated in one of Northeast LA’s most sought-after neighborhoods, the property offers exceptional proximity to York Boulevard’s trendy cafes, local dining, and unique shops.
The property’s 'needs TLC' status provides a significant opportunity for investors or owner-users to renovate, add value, and build equity in a high-demand market.
The home features desirable hillside views, offering a sense of elevation and aesthetic appeal that enhances the overall character of the property.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5111, other record lot size in square feet = 5209.
The property requires significant repairs and updates, which will necessitate additional capital investment immediately following the purchase.
At only 864 square feet for a three-bedroom configuration, the interior living spaces and bedrooms are likely very compact, which may limit appeal for certain buyers.
Single-story home with approx. 864 sq ft set in a prime Highland Park location, offering hillside views and close proximity to everything that makes the area desirable. Featuring 3 bedrooms, 1 bathroom, plus an additional exterior guest bathroom. Just moments from York Blvd, known for its mix of trendy cafes, local dining spots, and unique neighborhood shops. Recessed lighting adds a modern touch inside. Easy access to the 110 Freeway. Property needs TLC, creating an opportunity for a buyer to add value and make it their own in one of Northeast LA’s most sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 864 | 1,412 | 9% |
| Lot Size | 5,111 | 5,401 | 36% |
| Price | $859.9K | $1.23M | 17% |
| Price per sq ft | $995 | $893 | 68% |
| Built year | 1926 | 1924 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 175 | 1% |
Apr 19, 2026
$859,900
Initial Listing