5333 Monte Vista Street, Highland Park, California 90042, Highland Park, 90042 - 9 bed, 7 bath

5333 Monte Vista Street, Highland Park, California 90042 home-pic-0
ACTIVE$2,598,000
5333 Monte Vista Street, Highland Park, California 90042
9Beds
7Baths
2,238Sqft
7,007Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Income Potential: This property is a turnkey vacant investment opportunity with 4 separate residences, offering immediate and significant income potential, explicitly described as a 'cash-flow magnet'.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-07-07. The sold price is $1,795,000.00.

Compared to the nearby listings

Price:$2.60M vs avg $1.08M (+$1,522,000)92%
Size:2,238 sqft vs avg 2,011 sqft62%
Price/sqft:$1.2K vs avg $69592%

More Insights

Built in 1904 (121 years old).
Condition: Despite being built in 1904, this property has undergone a comprehensive four-year restoration and expansion, including the addition of two newly constructed residences. The description explicitly states updated electrical, plumbing, HVAC, and seismic retrofitting. The images confirm that all four residences feature modern, high-quality kitchens with white shaker cabinets, stainless steel appliances, quartz countertops, and subway tile backsplashes. Bathrooms are equally updated with contemporary vanities, fixtures, and tiling. Flooring is new throughout, and lighting is modern. The property meets the 'Excellent' criteria for being extensively renovated within the last 5 years, with all components being new or virtually new and meeting current quality standards.
Year Built
1904
Close
-
List price
$2.6M
Original List price
$2.6M
Price/Sqft
$1,161
HOA
-
Days on market
-
Sold On
-
MLS number
P1-21591
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

SAVVY TURNKEY VACANT INVESTMENT OPPORTUNITY OFFERS IMMEDIATE INCOME POTENTIAL IN THE HEART OF HIGHLAND PARK. This 9-bed, 7-bath Victorian property includes 4 SEPARATE RESIDENCES. A true labor of love, its restoration and expansion spanned over four years. Guided by the Historical Preservation Society, the property earned the esteemed MILLS ACT DESIGNATION offering impressive potential TAX BENEFITS. Comprehensive renovations include updated electrical, plumbing, HVAC, seismic retrofitting, and more. The property blends historic charm with modern sustainability, providing an energy-efficient living environment. A thoughtful expansion added two newly constructed quality residences. Whether you're an investor seeking lucrative rental income, planning for multi-generational living, have a growing family, or looking for a vibrant neighborhood near LA, this property offers broad appeal. Highland Park's urban energy and suburban charm blend the past and present seamlessly. Farmers markets, community events, and thriving arts scene define the local culture. The area buzzes with sought-after restaurants, shops, and everyday conveniences along Figueroa Blvd, the cities 'main street'. With easy access to Metro Gold-Line and major freeways, commuting is seamless. Nearby cities include Pasadena, South Pasadena, Glassell Park, Eagle Rock, Mt. Washington, and Cypress Park. With flexible living spaces, a highly desirable location, and income-producing potential, this is a cash-flow magnet.

Price History

Date
Event
Price
07/07/25
Sold
$1,795,000
07/15/20
Sold
$1,028,000
05/22/17
Sold
$905,000
04/26/11
Sold
$235,000
Condition Rating
Excellent

Despite being built in 1904, this property has undergone a comprehensive four-year restoration and expansion, including the addition of two newly constructed residences. The description explicitly states updated electrical, plumbing, HVAC, and seismic retrofitting. The images confirm that all four residences feature modern, high-quality kitchens with white shaker cabinets, stainless steel appliances, quartz countertops, and subway tile backsplashes. Bathrooms are equally updated with contemporary vanities, fixtures, and tiling. Flooring is new throughout, and lighting is modern. The property meets the 'Excellent' criteria for being extensively renovated within the last 5 years, with all components being new or virtually new and meeting current quality standards.
Pros & Cons

Pros

Exceptional Income Potential: This property is a turnkey vacant investment opportunity with 4 separate residences, offering immediate and significant income potential, explicitly described as a 'cash-flow magnet'.
Mills Act Designation: The property has earned the esteemed Mills Act Designation, providing impressive potential tax benefits, a substantial financial advantage for the owner.
Comprehensive Modern Renovations: Extensive renovations over four years, including updated electrical, plumbing, HVAC, and seismic retrofitting, ensure modern functionality, safety, and energy efficiency while preserving historic charm.
Highly Desirable Location: Situated in the vibrant Highland Park neighborhood, known for its urban energy, suburban charm, thriving arts scene, restaurants, shops, and excellent accessibility via Metro Gold-Line and major freeways.
Versatile Living Arrangements: With 4 separate residences and flexible living spaces, the property caters to a broad appeal, including investors, multi-generational families, or those seeking a combination of living and rental income.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-07-07. The sold price is $1,795,000.00.
Compact Living Spaces: The total square footage of 2238 sqft for 9 beds and 7 baths across 4 residences suggests that individual units or rooms may be quite compact, potentially limiting appeal for tenants or occupants seeking more spacious living.
High Initial Investment: The list price of $2.598 million represents a substantial capital outlay, which may narrow the pool of potential buyers despite the property's income-generating capabilities.
Ongoing Historic Maintenance: Despite comprehensive renovations, a 1904 Victorian property may still incur specialized or higher ongoing maintenance costs to preserve its historic integrity and address age-related wear compared to newer constructions.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state