865 N Avenue 50, Los Angeles, California 90042, Los Angeles, 90042 - 7 bed, 3 bath
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Los Angeles, California 90042
Analysis of 865 N Avenue 50, Los Angeles, California 90042 is currently available with a list price of $1,380,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1922, this property is explicitly marketed as a 'contractor special' requiring comprehensive structural, mechanical, and cosmetic updates. The listing description notes the need for significant capital improvements and restoration, indicating substantial deferred maintenance and outdated systems that likely affect the home's overall safety and functionality.
Situated in one of Los Angeles' most trendy and sought-after neighborhoods, the property offers exceptional proximity to York Boulevard’s vibrant cafes, boutiques, and cultural hubs.
Boasting a rare 4,701 square feet of living space with seven bedrooms, this residence provides immense flexibility for multi-generational living, creative studio space, or high-yield rental configurations.
Marketed as a 'contractor special' with a substantial $300,000 price reduction from the original list price, the property offers a lucrative opportunity for developers or flippers to capture equity through renovation.
As a 1922 'contractor special,' the home likely requires comprehensive structural, mechanical, and cosmetic updates, necessitating a significant additional budget and specialized expertise.
The history of multiple price drops since the initial listing suggests the property has faced challenges in attracting buyers, which may point to underlying condition issues or initial overvaluation.
Located in the heart of Highland Park, one of Los Angeles' most eclectic and sought-after neighborhoods, this expansive residence offers 4,701 SqFt of living space on a generous 7,453 SqFt lot. Rich in character and brimming with potential, the property presents a unique opportunity for homeowners, investors, or developers seeking a spacious single-family home, multi-generational layout, or income-producing asset. Originally built with timeless charm, the home is ready for your vision - whether that means restoring its classic beauty or reimagining it with modern updates. With ample square footage, flexible living areas, and a prime location between Pasadena and Glendale, it's a true contractor special with endless potential. Enjoy life just minutes from York Boulevard's buzzing cafes, art galleries, and boutiques, as well as local gems like Highland Park Bowl, Arroyo Seco Park, and Occidental College. The area also offers access to top-rated schools like Franklin High and Buchanan Street Elementary. Highland Park is known for its creative spirit, strong community vibe, and cultural richness, all with convenient access to Downtown LA and major freeways. Don't miss the chance to own a distinctive home in one of LA's most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 99% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 4,701 | 1,427 | 99% |
| Lot Size | 7,455 | 5,424 | 81% |
| Price | $1.38M | $1.23M | 66% |
| Price per sq ft | $294 | $890 | 1% |
| Built year | 1922 | 1924 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 364 | 177 | 97% |
Mar 27, 2026
$1,380,000
$1,480,000
-7% Price Drop
Initial Listing
Oct 19, 2025
$1,480,000
$1,580,000
-6% Price Drop
Initial Listing
Sep 18, 2025
$1,580,000
Initial Listing
Apr 23, 2025
$1,680,000
Initial Listing
May 1, 1995
$160,000
Public Record