542 N Commonwealth, Los Angeles, California 90004, Los Angeles, 90004 - 3 bed, 3 bath
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Los Angeles, California 90004
This Modern Single-Family Residence is a Prime Investment Opportunity, listed at $1,675,000—positioned well below the $1,722,676 Fair Market Value by 2%. This valuation gap offers $47,676 in Instant Equity for the buyer. Featuring a 2019 construction date and an Excellent Condition Rating, this home includes a contemporary kitchen, two-car garage, and a sunlit terrace with City Lights views. It is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or Long-term Investors prioritizing quality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 542 N Commonwealth Subject | $1,675,000* List Price | 3 | 3 | 2,847 | $605 | - |
A 208 S Westmoreland Avenue Sold | $1,250,000 | 3 | 3 | 1,951 | $641 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is less than 10 years old and in mint condition. It features a contemporary kitchen with high-end stainless steel appliances, modern bathrooms with floating vanities, and updated systems including recessed lighting and central HVAC, requiring no maintenance.
Built in 2019, this 2,847 sqft residence offers contemporary finishes and significantly more living space than the typical older bungalows found in the surrounding neighborhood.
Positioned at the Silver Lake and Virgil Village border, the property provides exceptional access to some of Los Angeles' most popular cafes, boutiques, and neighborhood hotspots.
The gated entry and direct-access two-car garage provide a high level of privacy, security, and convenience that is a rare find in this dense urban area.
The current list price is slightly below the December 2023 sale price of $1,685,000, indicating a lack of short-term equity growth or a potential correction from a previous overvaluation.
Located in a high-traffic transition zone between neighborhoods, the property may experience more ambient street noise and less seclusion than homes located deeper within residential pockets.
Set behind a gated entry, this recently built stand-alone home offers a rare mix of privacy, quality, and convenience at the Silver Lake/Virgil Village border. Designed for both comfort and function, the layout includes three bedrooms, two and a half baths, a dedicated office, and a sunlit terrace. The main floor flows naturally from the open living and dining areas into a contemporary kitchen, with laundry, a half bath, and direct access to a two-car garage adding everyday ease. Thoughtful design choices, quality finishes, and abundant natural light create a bright, timeless atmosphere throughout. Enjoy outdoor space for morning coffee or evening gatherings, plus the lock-and-leave peace of mind that makes homeownership effortless. With excellent value per square foot and a location near some of LA’s best cafes, shops, and neighborhood favorites, this residence offers the perfect balance of lifestyle and long-term investment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 3.0 | 4.0 | 45% |
| Square foot | 2,847 | 2,371.5 | 66% |
| Lot Size | 7,503 | 7,009 | 61% |
| Price | $1.68M | $1.92M | 41% |
| Price per sq ft | $588 | $957 | 14% |
| Built year | 2019 | 1923 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 152 | 2% |
May 27, 2026
$1,675,000
Initial Listing
Dec 4, 2023
$1,685,000
Public Record
Oct 21, 2021
$1,400,000
Public Record