573 Kendall Avenue, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 2 bath
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Los Angeles, California 90042
This High-Yield Investment Asset is a High-Potential Investment Opportunity listed at $1,285,000, aligning precisely with its $1,285,000 Fair Market Value. Featuring a strategic 6-bedroom boarding house conversion on a generous 7,928 sq. ft. corner lot, the property offers significant upside for high-density rental income or specialized residential care. Despite a Fair Condition Rating, the home boasts a Remodeled Granite Kitchen and Panoramic Mountain Views of the San Gabriel range. Located in the desirable Highland Park area, this is a premier acquisition for Savvy Investors or Specialized Facility Operators.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 573 Kendall Avenue Subject | $1,285,000* List Price | 3 | 2 | 2,172 | $592 | - |
A 6282 Pine Crest Drive Sold | $1,342,000 | 4 | 3 | 1,920 | $699 | 0.6 mi |
B 5727 Benner Street Sold | $925,000 | 4 | 3 | 2,179 | $425 | 0.6 mi |
C 6450 York Boulevard Sold | $1,165,000 | 5 | 3 | 1,920 | $607 | 0.9 mi |
D 115 N Avenue 52 Sold | $910,000 | 4 | 3 | 2,082 | $437 | 0.9 mi |
E 644 Milford Active | $1,350,000 List Price | 4 | 4 | 2,402 | $562 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1904 historic build that has been partially updated, most notably with a recently remodeled kitchen featuring granite countertops and newer cabinetry. However, the conversion from a 3-bedroom to a 6-bedroom boarding house suggests high-density usage and potential wear on the two existing bathrooms. While the kitchen is a highlight, the overall age of the structure and the likely presence of older mechanical and electrical systems, combined with the need for further updates to accommodate its current configuration, place it in the fair category.
The property’s conversion into a 6-bedroom boarding house on a generous 7,928 sq. ft. lot offers significant upside for investors seeking high rental yields or specialized business uses like assisted living or short-term rentals.
The backyard features breathtaking, near-panoramic views of the San Gabriel Mountains and the Rose Bowl, providing a unique and tranquil atmosphere that enhances the property's marketability.
Situated in a thriving and highly desirable neighborhood near the Figueroa corridor, the property benefits from immediate proximity to trendy restaurants, shops, and cafes, ensuring strong long-term demand.
Originally built in 1904, the property may require significant investment in aging structural or mechanical systems that often accompany century-old homes, despite the recent kitchen remodel.
The conversion from a 3-bedroom home to a 6-bedroom configuration necessitates extensive due diligence regarding permit history and zoning compliance to ensure the current usage is legally recognized.
PRICE IMPROVEMENT!!! Location, location, location! Invest in a thriving & highly desirable neighborhood and explore this exceptionally rare property/ boarding house situated on a generous 7,928 sq. ft lot in the Highland Park/ Monterey Hills area. This unique Property possesses plenty of upside potential and features ample space for both indoor and outdoor enjoyment. This stunning property was originally designed as a 3 bedroom/ 2 bathroom home, has large basement, and has been tastefully converted into 6 bedrooms with potential for a 3rd bathroom or more, and provides plenty of space for a wide array of usages for any Buyer or savvy Investor. The heart of the home is a recently remodeled kitchen with granite countertops, tile flooring, cabinets, and a newer water purifying system. The backyard will surely impress, with a breathtaking near-panoramic view of the San Gabriel mountains and the Rose Bowl in the distance, a vista view that provides warm environment/ color-changing scenery throughout the day. Whether you envision hosting gatherings or simply relaxing in the tranquility of your private oasis, this property provides the perfect setting. Located near Figueroa, enjoy nearby restaurants, shops, and cafes. This home is priced attractively, and an ideal opportunity for both Buyers and/or Investors seeking great rental income and/or high future potential! Buyer to rely on own due diligence and investigate any/all aspects about the Property that are important to Buyers decision to purchase -- including but not limited to Size & Sq. Footage, Condition, Zoning & Usage, Permit History, Boundary Lines, Rental Income & restrictions, Development potential, etc. Buyer is invited to check with City for all the wonderful potential & possibilities this unique corner lot property possesses, such as potential Business Usage i.e. short term rentals, assisted living facility, transient housing and/or child-care/ boarding house licensing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,172 | 1,427 | 86% |
| Lot Size | 7,928 | 5,424 | 86% |
| Price | $1.28M | $1.23M | 56% |
| Price per sq ft | $592 | $890 | 11% |
| Built year | 1904 | 1924 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 217 | 177 | 75% |
Jan 10, 2026
$1,285,000
$1,325,000
-3% Price Drop
Initial Listing
Sep 17, 2025
$1,325,000
Initial Listing