
Los Angeles, California 90042
This High-Potential Investment Opportunity is a Strong Value Opportunity, listed at $899,000—positioned well below the $971,938 Fair Market Value by 7%. This valuation gap offers $72,938 in Instant Equity. Featuring a renovated kitchen and a private guest apartment, the property maintains a Mint Condition Rating. Its flexible layout provides significant income potential in a prime Highland Park location. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with rental income capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5140 Miriam Street Subject | $899,000* List Price | 3 | 2 | 1,370 | $709 | - |
A 5001 Buchanan Street Sold | $1,099,000 | 3 | 1 | 1,475 | $745 | 0.4 mi |
B 5024 Shipley Glen Drive Sold | $875,000 | 2 | 2 | 1,103 | $793 | 0.3 mi |
C 5144 Buchanan Sold | $1,161,250 | 2 | 2 | 1,369 | $848 | 0.3 mi |
D 4780 Hub Sold | $871,000 | 3 | 2 | 1,105 | $788 | 0.5 mi |
E 231 S Avenue 58 Sold | $815,000 | 3 | 3 | 1,088 | $749 | 0.9 mi |
F 1036 N Avenue 50 Active | $1,150,000 List Price | 3 | 3 | 1,481 | $777 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1940, the property has undergone a high-quality renovation within the last 5 years. The kitchen features modern sage-green cabinetry, butcher-block counters, and stainless appliances, while the bathrooms are updated with contemporary matte black fixtures and fresh tile. The addition of a finished guest suite and well-maintained systems makes this move-in ready and mint condition.
The private guest apartment with its own separate entrance offers exceptional flexibility as a potential income-producing rental, guest suite, or secluded home office.
The property features a beautifully renovated kitchen with sage-green cabinetry and butcher-block countertops, along with updated bathrooms, providing a move-in-ready aesthetic.
Situated in a highly desirable pocket of Highland Park, the home is just minutes away from the trendy shops, restaurants, and nightlife of York Boulevard.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1370, other record living area = 787. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 1,370 square feet of living space spread across two units on a sub-5,000 square foot lot, the property may feel cramped for larger families or those requiring expansive yard space.
The listing does not mention a garage or off-street parking, which is a significant drawback in high-density Los Angeles neighborhoods where street parking is often limited.
Opportunity knocks in the heart of Highland Park. Behind a charming facade framed by mature landscaping and a welcoming brick patio, this character-filled home immediately invites you in with its light-filled interiors and a beautifully renovated kitchen, while a private guest apartment with its own separate entrance come together to offer exceptional flexibility. The open living and dining spaces flow seamlessly into the updated kitchen featuring sage-green cabinetry, butcher-block countertops, subway tile backsplash, and stainless-steel appliances. Just beyond, a versatile den provides the perfect space for a home office, playroom, or cozy reading nook. The primary and second bedrooms offer comfortable, light-filled retreats, each with room to relax and unwind. A beautifully renovated bathroom features crisp white tile, matte black fixtures, and a clean, timeless design. Privately tucked below the main house with its own separate entrance, the guest apartment includes a living area, bedroom, walk-in closet, a full bathroom, and warm wood flooring throughout. Equally suited as a guest suite, home office, secluded retreat, or potential income-producing rental, it offers exceptional flexibility for today's evolving needs. Outside, the backyard is designed for effortless California living, with a shaded dining patio beneath mature trees (including a producing avocado tree), a spacious low-maintenance turf lawn, and a storage shed for added convenience.Multiple outdoor levels create distinct spaces to entertain or enjoy the LA sunshine. Located just minutes from York Blvd's trendy shops and restaurants, this is a rare opportunity in one of Highland Park's most beloved pockets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,370 | 1,672 |
| Lot Size | 4,797 | 6,067 |
| Price | $899.0K | $1.37M |
| Price per sq ft | $656 | $801 |
| Built year | 1940 | 1939 |
| HOA | $0 | $348 |
| Days on market | 14 | 56 |
Jul 8, 2026
$899,000
Initial Listing
Jul 10, 2023
$865,000
Public Record
Aug 16, 2001
$159,000
Public Record