5314 Buchanan, Highland Park, California 90042, Highland Park, 90042 - 3 bed, 2 bath
Loading property details...
Highland Park, California 90042
This property presents a High-Potential Investment Opportunity with a List Price of $895,000—positioned well above the $794,699 Fair Market Value by -12%. Featuring a Duplex Zoning designation and a Condition Rating of 5, this asset requires a comprehensive renovation to unlock its full rental potential. The property offers a strategic Value-Add Opportunity for those capable of managing a full-scale rehab. This is a high-stakes acquisition ideal for Buy-and-Hold Investors or Experienced Contractors seeking to capitalize on the Highland Park rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5314 Buchanan Subject | $895,000* List Price | 3 | 2 | 1,293 | $615 | - |
A 5037 Montezuma Street Sold | $740,000 | 0 | 0 | 1,200 | $617 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1910 with no mention of recent renovations, this property is sold strictly 'as-is' with no repairs, credits, or termite work provided by the seller. The 'drive-by only' restriction and exterior appearance suggest significant deferred maintenance and likely outdated systems, kitchen, and baths requiring a full rehab.
Situated in the highly desirable 90042 zip code, this property offers excellent proximity to local amenities and high demand for both residential living and rental opportunities.
Zoned as a duplex, the property provides significant versatility for investors to revert the current single-family layout back into two separate income-producing units.
The 1910 character and current configuration present a 'blank canvas' for a comprehensive renovation, allowing buyers to build substantial equity in a competitive market.
The seller has explicitly stated no repairs, credits, or termite work will be provided, placing the full financial burden of deferred maintenance and upgrades on the buyer.
The 'drive-by only' restriction for initial viewing prevents a thorough interior assessment prior to the offer stage, increasing the risk of unforeseen structural or cosmetic issues.
Don't miss out on this great opportunity with great location convenivent to everything. Property show 2 units owner converted into single family home for family member. Current on family member occupancy. DRIVE BY ONLY SUBJECT FOR INTERIOR INSPECTION. Buyer is advise to independenty verify the accuracy of this information through personal inspection and/ or with appropriate professional. PROPERTY TO BE SOLD " AS IS" CONDITION. SELLER WILL NOT DO ANY REPAIRS OR CRDIT TO BUYER, NO TERMITE OR WORK. Pleas research the property before submitting any offer. Please contact lising agent for any addition questions. No for sale sign on the property. Thank you
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,293 | - |
| Lot Size | 5,364 | - |
| Price | $895.0K | $740.0K |
| Price per sq ft | $692 | $617 |
| Built year | 1910 | 0 |
| HOA | $0 | $0 |
| Days on market | 9 | 45 |
Jul 13, 2026
$895,000
Initial Listing