626 N Avenue 54, Los Angeles, California 90042, Los Angeles, 90042 - 4 bed, 2 bath
Loading property details...
626 N Avenue 54
Los Angeles, California 90042
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,646Sq Ft
5,601Lot Size
Property Price
LIST PRICE$850,000
EST. MARKET VALUE
$871,412
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well below the $871,412 Fair Market Value by 2%. This valuation gap offers $21,412 in Instant Equity for buyers. With a Condition Rating of 5, the home requires significant renovation, yet the 6-bedroom configuration and 5,601 sqft lot provide substantial upside for value-add strategies. Located in the desirable Franklin high school district, this is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a renovation project.
Estimated Market Value
$871,412
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 626 N Avenue 54 Subject | $850,000* List Price | 4 | 2 | 1,646 | $529 | - |
A 5131 San Rafael Avenue Sold | $930,000 | 3 | 2 | 1,632 | $570 | 0.3 mi |
B 5817 Arroyo Drive Sold | $850,000 | 3 | 2 | 1,300 | $654 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1902, this property is explicitly marketed as a renovation project and investor opportunity. Sold strictly 'as-is' with no seller repairs, the age (>120 years) and discrepancy in bedroom counts suggest significant deferred maintenance, outdated systems, and the need for a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Value-Add Potential
With a current configuration of 6 bedrooms despite public records reflecting 4, this property presents a prime opportunity for investors to add value through renovation and legalization of living spaces.
- Prime Highland Park Location
Situated in the highly desirable Highland Park area (MLS 632), the property benefits from a high-demand rental and resale market known for its historic character and rapid appreciation.
- Development Opportunity
The 5,601-square-foot lot offers a spacious yard with significant potential for landscaping, expansion, or the addition of an Accessory Dwelling Unit (ADU) to maximize ROI.
CONSRISKS & DEFICIENCIES
- Strict As-Is Condition
The property is being sold in its present condition with a firm 'no repairs' stance from the seller, requiring a buyer with substantial capital for immediate renovation and structural updates.
- Permitting and Record Discrepancies
The mismatch between physical bedroom counts and public records may complicate financing and requires extensive due diligence regarding zoning compliance and historical permits.
About 626 N Avenue 54
JUST LISTES - GREAT INVESTORS OPPORTUNITY!! Property currently features 6 bedrooms and 2 bathrooms public recorders reflect 4 bedroom and 2 bathrooms. This property offers great potential for an investor, renovation project, or buyer looking to add value. Spacious yard with plenty of possibilities. Property is being sold in its present AS-IS condition. Seller will not make any repairs. Buyer and Buyer's agent are advised to independently verify bedroom and bathroom count square footage, permits, zoning, property condition, and all other information to their satisfaction. Great opportunity with lots of potential.- don't miss it!.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1902
- Lot Size
- 5,601 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,646 | 1,664.159 |
| Lot Size | 5,601 | 6,066.556 |
| Price | $850.0K | $1.35M |
| Price per sq ft | $516 | $806 |
| Built year | 1902 | 1939 |
| HOA | $0 | $278 |
| Days on market | 20 | 55 |
Pricing History
Listed for Sale
Aug 20, 2026
$850,000
Initial Listing