
Los Angeles, California 90042
This property presents a High-Potential Investment Opportunity with a List Price of $999,900—positioned well below the $1,170,112 Fair Market Value by 14%. This valuation gap offers $170,212 in Instant Equity for buyers willing to address the Condition Rating of 5. While the home requires a full interior rehab, the 5-bedroom layout and panoramic city views provide significant upside. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in Highland Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6179 Myosotis Subject | $999,900* List Price | 5 | 2 | 2,065 | $567 | - |
A 231 N Avenue 60 Sold | $978,000 | 3 | 2 | 1,588 | $616 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1926, this property shows significant deferred maintenance and lacks modern updates. The kitchen features a vintage stove and dated cabinetry likely over 40 years old. Systems appear outdated with window AC units instead of central HVAC, and the hardwood floors are heavily worn, indicating the home requires a full interior rehab to meet modern standards.
Situated in the highly sought-after 632 - Highland Park area, this property offers excellent proximity to trendy local amenities and strong potential for long-term appreciation.
With 5 bedrooms and over 2,000 square feet of living area, this home provides a rare amount of interior space and versatility for a property at this price point in the neighborhood.
The property boasts impressive views of the city lights and mountains, providing a picturesque backdrop that enhances the overall aesthetic value and living experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2065, other record living area = 1840. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The relatively small 3,543 square foot lot size results in minimal yard space, which may be a disadvantage for buyers prioritizing private outdoor recreation or gardening.
Built in 1926, the property likely requires significant updates to its aging systems and structural components to meet modern efficiency and safety standards.
Investor opportunity with exceptional upside! This 5BR, 2BA home offers incredible potential and some of the most breathtaking views in Highland Park! Enjoy panoramic 180 degree city and mountain views, including direct views of Downtown Los Angeles from both the first and second floors. The property features a large basement with the potential to be converted into additional living space, a recreation room, home theater, gym, or workshop. The expansive attic offers approximately 10 foot ceilings, creating exciting possibilities for a future loft, bonus room, or even a rooftop-style viewing deck overlooking the city skyline. Recent improvements include updated electrical throughout the home, a repaired sewer line, and two newer window A/C units. A detached garage provides additional storage or workspace potential. Located in one of Los Angeles’ fastest growing neighborhoods. Highland Park is known for its vibrant restaurants, local shops, historic charm, walkability, transit access, and strong community feel. This is a true fixer upper and is being sold as is. Portions of the home are missing drywall, which may limit financing options and make the property best suited for cash buyers, investors, contractors, or renovation minded purchasers. Bring your vision and unlock the tremendous value this unique property has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,065 | 1,672 |
| Lot Size | 3,543 | 6,067 |
| Price | $999.9K | $1.37M |
| Price per sq ft | $484 | $801 |
| Built year | 1926 | 1939 |
| HOA | $0 | $348 |
| Days on market | 18 | 56 |
Jul 4, 2026
$999,900
Initial Listing
Jan 16, 2009
$400,000
Public Record