575 Meridian, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 1 bath
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Los Angeles, California 90042
This Updated Hillside Bungalow is a Prime Investment Opportunity, listed at $899,000—positioned well below the $931,720 Fair Market Value by 3%. This valuation gap offers $32,720 in Instant Equity for the incoming owner. Maintaining a Condition Rating of 3, the residence features an updated kitchen and sweeping views of Downtown Los Angeles. With an oversized 8,159 sqft lot in the Los Angeles Unified district, this home balances 1920s character with future expansion potential. It is an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 575 Meridian Subject | $899,000* List Price | 2 | 1 | 832 | $1,120 | - |
A 1116 Cresthaven Drive Sold | $999,000 | 2 | 1 | 1,036 | $964 | 0.7 mi |
B 6203 Hillandale Drive Sold | $1,160,000 | 2 | 2 | 884 | $1,312 | 0.4 mi |
C 6112 Myosotis Active | $925,000 List Price | 2 | 2 | 916 | $1,010 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite its 1922 build date, the property is well-maintained and move-in ready. It features a recently updated kitchen with new tile and countertops, and the exterior shows a high-quality deck and professional landscaping that suggests pride of ownership.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8159, living area = 832.
The property boasts an expansive 8,159 sqft corner lot featuring a lush, layered garden, mature trees, and a spacious deck, offering a rare private sanctuary in a hillside setting.
Ideally situated between Highland Park and Eagle Rock near York Boulevard, the home provides sweeping neighborhood views and stunning Downtown Los Angeles sunset vistas.
With only 832 square feet of living space, the home's interior is quite compact, which may be a constraint for buyers seeking more room or storage.
The 2-bedroom, 1-bath layout may be a drawback for modern buyers or small families who typically prefer at least 1.5 to 2 bathrooms at this price point.
Perched atop a hill on a Highland Park corner lot, this property is a peaceful hillside escape. The 2-bedroom, 1-bath home features a spacious deck with sweeping views and a lush, layered garden. The grounds offer a private sanctuary, with mature trees, succulents, and vibrant foliage forming intimate seating areas throughout. Stone pathways and sculptural metal accents guide you through the landscape, suited for both quiet moments and effortless entertaining. The secluded backyard offers added privacy, with distant Downtown Los Angeles views at sunset. Inside, a recently updated kitchen with new tile and countertops blends seamlessly with the home’s original 1920s character. Ideally located between Highland Park and Eagle Rock, just minutes from York Boulevard, the home reflects the relaxed, soulful spirit of Northeast LA living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 30% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 832 | 1,438 | 9% |
| Lot Size | 8,159 | 5,596 | 84% |
| Price | $899.0K | $1.23M | 21% |
| Price per sq ft | $1.1K | $890 | 83% |
| Built year | 1922 | 1924 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 160 | 1% |
Apr 20, 2026
$899,000
Initial Listing
Apr 24, 2002
$1,135,000
Public Record