5260 Raber Street, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 2 bath
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Los Angeles, California 90042
This 1937 Spanish Revival is a Strong Value Opportunity, listed at $1,499,000—positioned well below the $1,608,151 Fair Market Value by 6%. This valuation gap offers $109,151 in Instant Equity. Featuring a Condition Rating of 3, the home blends historic character with modern system upgrades and a versatile bonus studio. With its sweeping panoramic views and large usable lot, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique Highland Park residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5260 Raber Street Subject | $1,400,000* List Price | 3 | 2 | 1,823 | $775 | - |
A 1503 Nolden Street Sold | $1,550,000 | 3 | 3 | 2,158 | $718 | 0.2 mi |
B 1393 N Avenue 57 Sold | $1,200,000 | 3 | 3 | 1,521 | $789 | 0.3 mi |
C 1083 Milwaukee Avenue Sold | $1,495,000 | 3 | 3 | 1,557 | $960 | 0.5 mi |
D 5001 Buchanan Street Sold | $1,099,000 | 3 | 1 | 1,475 | $745 | 0.7 mi |
E 5125 Buchanan Street Sold | $1,250,000 | 3 | 2 | 1,754 | $713 | 0.6 mi |
F 5132 Range View Avenue Sold | $1,635,000 | 3 | 5 | 1,749 | $935 | 0.3 mi |
G 5831 Tipton Sold | $1,100,000 | 4 | 2 | 1,452 | $758 | 0.5 mi |
H 5118 Hub Street Sold | $1,398,000 | 3 | 4 | 1,740 | $803 | 0.7 mi |
I 1509 N Avenue 56 Active | $1,395,000 List Price | 3 | 3 | 1,776 | $785 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1937, the property has undergone significant recent system updates including a new HVAC/furnace (2021), sewer line (2021), and water heater (2026). The kitchen and studio bathroom show modern renovations, while the main bathroom is a well-preserved vintage style. The home is move-in ready, blending historic architectural details with functional modern upgrades.
This 1937 Spanish Revival preserves original architectural details while offering sweeping panoramic views of the hills and city lights from the primary living areas.
The property includes a separate downstairs studio with its own kitchen and bathroom, providing excellent potential for a home office, guest suite, or rental income.
Unlike many hillside homes, this property features a large, usable backyard with mature fruit trees and ample space for a pool or ADU, enhancing its long-term value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1823, other record living area = 1223.
The main residence consists of only two bedrooms and one bathroom, which may limit appeal for growing families or buyers seeking a dedicated primary suite.
While the lot is usable, the hillside location may present unique challenges regarding accessibility and long-term maintenance of the tiered landscaping and drainage systems.
Perched in the hills above the vibrant Highland Park neighborhood, this enchanting 1937 Spanish Revival offers sweeping views, vintage charm, and exceptional outdoor space. House functions as a 2 + 1 Main house + Bonus full ADU with it's own kitchen and bathroom. Beyond the private front courtyard, the home unfolds with timeless character and captivating vistas that epitomize Southern California living. Hardwood floors, abundant natural light, and original architectural details create a warm and inviting atmosphere, with expansive views from the living room, dining room, and primary bedroom.The main residence features two bedrooms and one bathroom, blending historic charm with thoughtful modern updates. While rich in original character, the home has benefited from several significant upgrades, including a new HVAC and furnace system (2021), sewer line replacement (2021), and a new water heater (2026). Downstairs, a bonus studio complete with its own kitchen and bathroom provides flexible space for guests, creative pursuits, a home office, gym, or additional living area.What truly sets this property apart is the outdoor experience. Hillside homes rarely offer this much usable land, yet here you'll find a sprawling backyard with a sense of seclusion. Mature landscaping includes an olive tree, lemon tree, orange trees, and vegetable garden, creating a setting that is both beautiful and functional. Multiple outdoor gathering spaces invite year-round enjoyment, from quiet mornings in the courtyard to sunset dinners on the back deck overlooking the hills. The generous yard offers room for a pool or ADU while still preserving ample space to relax, entertain, garden, and enjoy an indoor-outdoor lifestyle. Perfectly positioned between York Boulevard and Eagle Rock, you're just moments from beloved neighborhood favorites including Joy and Kumquat Coffee, along with the restaurants, boutiques, galleries, and local businesses that have made Highland Park one of Los Angeles' most sought-after communities. Enjoy the neighborhood's creative energy and strong sense of community while remaining conveniently close to Eagle Rock, Pasadena, and Downtown Los Angeles. A rare opportunity to own a character-rich Spanish Revival with stunning views, substantial outdoor space, a flexible bonus studio, and an unbeatable location in the heart of Highland Park.
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 | 1,823 | 1,672 |
| Lot Size | 6,773 | 6,067 |
| Price | $1.40M | $1.37M |
| Price per sq ft | $768 | $801 |
| Built year | 1937 | 1939 |
| HOA | $0 | $348 |
| Days on market | 44 | 56 |
Jul 7, 2026
$1,400,000
$1,499,000
-7% Price Drop
Initial Listing
Jun 8, 2026
$1,499,000
Initial Listing
Dec 22, 2020
$1,211,000
Public Record