5415 Ash Street, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 3 bath
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Los Angeles, California 90042
This Turnkey Highland Park Residence represents a High-Potential Investment Opportunity, listed at $1,259,000—positioned well below the $1,315,852 Fair Market Value by 4%. This valuation gap offers $56,852 in Instant Equity. Featuring a Mint Condition Rating with comprehensive system upgrades and Approved ADU Plans, the property blends historic 1903 character with modern efficiency. With its City Lights View and premium finishes, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate value and future development potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5415 Ash Street Subject | $1,259,000* List Price | 3 | 3 | 1,669 | $788 | - |
A 5125 Buchanan Street Sold | $1,250,000 | 3 | 2 | 1,754 | $713 | 0.7 mi |
B 5049 San Rafael Avenue Sold | $1,396,500 | 3 | 3 | 1,569 | $890 | 0.5 mi |
C 1393 N Avenue 57 Sold | $1,200,000 | 3 | 3 | 1,521 | $789 | 1.0 mi |
D 5132 Range View Avenue Sold | $1,635,000 | 3 | 5 | 1,749 | $935 | 0.9 mi |
E 5001 Buchanan Street Sold | $1,099,000 | 3 | 1 | 1,475 | $745 | 0.8 mi |
F 549 Meridian Terrace Sold | $1,425,000 | 3 | 2 | 1,488 | $958 | 0.9 mi |
G 5118 Hub Street Pending | $1,398,000 List Price | 3 | 4 | 1,740 | $803 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation including a brand-new roof, all-new electrical wiring, and new plumbing throughout. The kitchen and bathrooms feature high-end modern finishes, custom cabinetry, and premium appliances, placing it in mint condition with no maintenance required.
The property features significant structural and system upgrades, including a brand-new roof, all-new electrical wiring, and new plumbing, blending 1903 character with modern reliability.
The inclusion of approved plans for an Accessory Dwelling Unit (ADU) provides a significant value-add opportunity for rental income or multi-generational living.
A $10,000 seller credit toward closing costs or a rate buydown offers immediate financial relief and enhances affordability in a competitive market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
With a lot size of 4,600 square feet, the outdoor space is relatively compact, which may feel constrained if the approved ADU is constructed.
Despite the extensive renovations, the 1903 build date may still present long-term maintenance challenges inherent to century-old foundations and structures.
***Seller to provide $10,000 credit toward buyer closing costs or rate buydown*** Beautifully renovated Highland Park home offering 3 bedrooms and 3 bathrooms, blending classic character with thoughtful modern upgrades. Extensive improvements include a brand-new roof, all-new electrical wiring and panel, and new plumbing throughout. Interior features include arched doorways, hardwood floors, and high-quality finishes throughout. The open-concept living area is filled with natural light and connects seamlessly to a gourmet kitchen with custom cabinetry and premium appliances, ideal for everyday living and entertaining. The backyard has been thoughtfully upgraded with shade coverage and a pergola-style outdoor living area, creating a more private and inviting space for outdoor dining, entertaining, and relaxation. Lush landscaping surrounds the yard, giving the property a peaceful indoor-outdoor living experience. Centrally located in one of Los Angeles’ most desirable neighborhoods, close to shops, dining, and local amenities. ***This property also comes with an approved plan for ADU***
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 1,669 | 1,351 | 65% |
| Lot Size | 4,600 | 5,657 | 22% |
| Price | $1.26M | $1.20M | 57% |
| Price per sq ft | $754 | $888 | 32% |
| Built year | 1903 | 1924 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 124 | 1% |
Jun 4, 2026
$1,259,000
Initial Listing
Jan 31, 2025
$690,000
Public Record
Apr 28, 2023
$850,000
Public Record
Apr 27, 2023
$749,000
Public Record