
Los Angeles, California 90042
This Multi-Unit Residential Asset is a High-Potential Investment Opportunity, listed at $1,595,000. While priced slightly above the $1,525,761 Fair Market Value, the property offers significant long-term upside through its 10,000+ square foot R2-zoned lot and high-end renovation status. Featuring a Condition Rating of 2, the property includes a primary Craftsman home and two freestanding units, providing immediate rental income. This versatile layout is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage Highland Park’s high-demand rental market and future development potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6157 Mesa Avenue Subject | $1,595,000* List Price | 6 | 11 | 2,426 | $629 | - |
A 6017 La Prada Street Sold | $1,775,000 | 5 | 3 | 2,340 | $759 | 0.6 mi |
B 6155 Poppy Peak Drive Sold | $1,140,000 | 5 | 3 | 2,114 | $539 | 0.8 mi |
C 426 N Avenue 64 Sold | $1,160,000 | 4 | 3 | 1,990 | $583 | 0.6 mi |
D 1817 N Avenue 55 Active | $1,795,000 List Price | 4 | 4 | 2,261 | $794 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a high-end renovation within the last 5 years, featuring a modern kitchen with stainless steel appliances, updated bathrooms with contemporary finishes, new wood flooring, and updated HVAC systems (mini-splits) visible in photos.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10002, living area = 2426.
The property features three high-end remodeled units, including a front Craftsman and two rear units, offering immediate rental income or a flexible owner-user setup in a high-demand rental market.
Situated on an expansive 10,000+ square foot R2-zoned lot, the property provides a rare opportunity for future expansion or the addition of more units to maximize density.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
At a list price of $1,595,000 for 2,426 square feet, the property commands a significant premium that may challenge the valuation for some traditional investors.
Despite the high-end aesthetic renovations, the 1916 build date suggests potential long-term maintenance requirements typical of historic structures that may not have been fully addressed.
Exceptional Owner/user opportunity in the heart of Highland Park, showcasing a stunning high-end renovation with exceptional attention to detail throughout. The front Craftsman home features a beautifully designed open floor plan accented by warm wood flooring, abundant natural light, and seamless transitions between living spaces. The thoughtfully updated kitchen is outfitted with stainless steel appliances, modern finishes, and an in-unit washer and dryer, blending style and functionality effortlessly. At the rear of the property, a separate freestanding structure offers two additional beautifully remodeled units a spacious 2-bedroom, 2-bath and a well-appointed 1-bedroom, 1-bath both completed to the same impressive standard as the main residence. Additional highlights include large storage units offering excellent potential for supplemental rental income or additional utility space, as well as a charming yard that creates a warm and inviting outdoor setting. Situated on an expansive 10,000+ square foot R2-zoned lot, the property presents exciting future development potential, including the possibility of adding additional units (buyer to verify). Ideally located just minutes from the vibrant restaurants, shops, cafes, and entertainment that make Highland Park one of Los Angeles' most sought-after neighborhoods, this is a rare opportunity to own a versatile and beautifully upgraded multi-unit property with both immediate income potential and long-term upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 11.0 | 2.0 |
| Square foot | 2,426 | 1,672 |
| Lot Size | 10,002 | 6,067 |
| Price | $1.59M | $1.37M |
| Price per sq ft | $657 | $801 |
| Built year | 1916 | 1939 |
| HOA | $0 | $348 |
| Days on market | 34 | 56 |
Jun 18, 2026
$1,595,000
Initial Listing
Oct 24, 2017
$1,350,000
Public Record
Aug 31, 2015
$710,000
Public Record
Jan 30, 2003
$338,000
Public Record