708 N Avenue 53, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 2 bath
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Los Angeles, California 90042
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at $1,249,800—positioned well below the $1,278,230 Fair Market Value by 2%. This valuation gap offers $28,430 in Instant Equity. Featuring a Mint Condition Rating, the home boasts a remodeled kitchen, hardwood floors, and a terrazzo-tiled deck with mountain views. Its location in the heart of Highland Park offers unmatched walkability to local dining. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 708 N Avenue 53 Subject | $1,249,800* List Price | 2 | 2 | 1,303 | $981 | - |
A 5640 Irvington Place Sold | $1,400,000 | 3 | 2 | 1,128 | $1,241 | 0.3 mi |
B 549 Meridian Terrace Sold | $1,425,000 | 3 | 2 | 1,488 | $958 | 0.9 mi |
C 5049 San Rafael Avenue Sold | $1,396,500 | 3 | 3 | 1,569 | $890 | 0.3 mi |
D 5139 San Rafael Sold | $890,000 | 2 | 1 | 792 | $1,124 | 0.2 mi |
E 5024 Shipley Glen Drive Sold | $875,000 | 2 | 2 | 1,103 | $793 | 0.3 mi |
F 1037 N Avenue 50 Sold | $1,350,000 | 2 | 2 | 1,270 | $1,063 | 0.4 mi |
G 404 N Avenue 52 Active | $1,150,000 List Price | 3 | 2 | 1,124 | $1,023 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1921, the property has undergone a comprehensive modern renovation within the last 5 years. The listing and images confirm a remodeled kitchen with terrazzo tiling, updated bathrooms with contemporary fixtures and vanities, and newly installed hardwood floors, meeting the criteria for mint condition with no immediate maintenance required.
The property is ideally situated in the heart of Highland Park, offering exceptional walkability to popular destinations on both York and Figueroa, including Bub & Grandma's, Joy, and Kumquat.
This 1921 residence perfectly balances original architectural charm with high-end modern updates, including a remodeled kitchen, updated bathrooms, and newly installed warm hardwood floors.
The elevated lot features a flat, landscaped backyard with mountain views and a private garage that provides excellent potential for use as a creative studio or flexible workspace.
Access to the private garage is via a shared driveway, which may be a drawback for buyers seeking complete autonomy over their vehicle access and property boundaries.
At a list price of nearly $1.25M for 1,303 square feet, the property sits at a high price point for a two-bedroom home, which may challenge value-oriented buyers.
Welcome to this sun-filled 1921 home that has the good fortune of being elevated within the thriving heart of Highland Park a spacious 2-bedroom, 2-bath retreat where timeless character meets thoughtful modern updates and calm garden landscaping. Raised above the street with charismatic curb appeal, the open living and dining rooms are bathed in natural light and framed by expansive mountain views, creating a sense of peace that feels worlds away while being just moments from the vibrant energy and desirable amenities of both York and Figueroa. Newly installed warm hardwood floors complement original architectural features. Remodeled kitchen and bathrooms provide the freshness of new, crisp finishes while preserving excellent layout and original detail. French doors open from the terrazzo-tiled kitchen to flow seamlessly onto the terrazzo-tiled deck overlooking the flat yard, inviting tranquil mornings outside with coffee or lively evenings entertaining your guests amidst greenery. The home is uniquely and perfectly placed near some of the neighborhood's most beloved destinations. Bring the best of international city living into the sunshine of Southern California with nearby breakfast at Belle's, morning coffee at Kumquat, lunch at Bub & Grandma's, neighborhood parks, and a wide variety of local dining favorites including Ggiata, Joy, Kitchen Mouse, Highly Likely, Cookbook, HomeState, Villa's Tacos, plus live music at Checker Hall. Then relax in your backyard offering a lush grassy setting anchored by a mature, shade-giving walnut tree and fragrant Spanish lavender with a shared driveway leading to a private garage ideal as a studio, creative workspace, or flexible retreat. Breathtakingly close to all the convenience Highland Park offers yet tucked away enough to remain a peaceful sanctuary, this is the kind of home that rarely comes along soulful, sunlit, and connected to the best of California living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,303 | 1,428 | 43% |
| Lot Size | 4,587 | 5,596 | 23% |
| Price | $1.25M | $1.20M | 55% |
| Price per sq ft | $959 | $883 | 64% |
| Built year | 1921 | 1924 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 128 | 1% |
May 25, 2026
$1,249,800
Initial Listing
Aug 7, 2009
$377,000
Public Record
Jun 27, 2002
$190,000
Public Record
Oct 16, 1995
$89,000
Public Record