865 N Avenue 50, Los Angeles, California 90042, Los Angeles, 90042 - 7 bed, 3 bath

865 N Avenue 50
Los Angeles, California 90042
Property Price
SUMMARY
Analysis of 865 N Avenue 50, Los Angeles, California 90042 is currently available with a list price of $1,480,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1922, this property is explicitly described as a 'contractor special' requiring 'significant renovation' and 'modern updates.' The exterior image shows visible signs of age, wear, and deferred maintenance, including a cracked driveway and worn facade. While no interior images are provided, the description strongly implies that major systems (plumbing, electrical, HVAC) and interior finishes (kitchen, bathrooms, flooring) are outdated and require substantial rehabilitation, aligning with the 'Poor' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Highland Park Location
Situated in one of Los Angeles' most eclectic and sought-after neighborhoods, offering a vibrant community, access to buzzing cafes, art galleries, boutiques, parks, top-rated schools, and convenient freeway access to Downtown LA.
- Expansive Living Space
With 4,701 SqFt of living area, this residence provides substantial room for large families, multi-generational living, or creative reconfigurations, which is a significant asset in urban Los Angeles.
- Versatile Investment Potential
The property offers unique opportunities for homeowners, investors, or developers, suitable for a spacious single-family home, multi-generational layout, or an income-producing asset due to its size and flexible design.
CONSRISKS & DEFICIENCIES
- Requires Significant Renovation
Described as a 'contractor special' and needing 'modern updates' or 'restoring its classic beauty,' indicating that the property will require substantial investment and effort to bring it to its full potential.
- Older Property Challenges
Built in 1922, while possessing 'timeless charm,' an older home often comes with the need for updates to plumbing, electrical, and HVAC systems, as well as potential for unforeseen maintenance issues.
- Price Reduction History
Multiple price reductions from the original list price ($1.68M to $1.48M) could suggest initial overpricing or market resistance, potentially signaling perceived value issues or a longer time on market.
About 865 N Avenue 50
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 7,455 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 3 (3 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 99% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 4,701 | 1,350 | 99% |
| Lot Size | 7,455 | 5,401 | 82% |
| Price | $1.48M | $1.23M | 79% |
| Price per sq ft | $315 | $882 | 1% |
| Built year | 1922 | 1925 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 317 | 176 | 96% |
Pricing History
Listed for Sale
Oct 19, 2025
$1,480,000
$1,580,000
-6% Price Drop
Initial Listing
Price Change
Sep 18, 2025
$1,580,000
Initial Listing
Price Change
Apr 23, 2025
$1,680,000
Initial Listing
Sold
May 1, 1995
$160,000
Public Record
