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

865 N Avenue 50, Los Angeles, California 90042 home-pic-0
ACTIVE$1,480,000
865 N Avenue 50, Los Angeles, California 90042
7Beds
3Baths
4,701Sqft
7,455Lot
Year Built
1922
Close
-
List price
$1.48M
Original List price
$1.68M
Price/Sqft
$315
HOA
-
Days on market
-
Sold On
-
MLS number
ML82003906
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.48M(75th), sqft - 4701(99th), beds - 7(99th), baths - 3(75th).

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.

Price History

Date
Event
Price
10/19/25
Price Change
$1,480,000-6.3%
09/18/25
Price Change
$1,580,000
04/23/25
Listing
$1,680,000
05/01/95
Sold
$160,000
Condition Rating
Poor
Built in 1922, this property is over 100 years old and explicitly described as a 'contractor special' needing significant vision for restoration or modern updates. The single exterior image shows substantial deferred maintenance, including a cracked driveway, worn facade, and old windows. Without interior photos, it's highly probable that the kitchen, bathrooms, and all major systems (appliances, electrical, plumbing, HVAC) are original or severely outdated, requiring substantial repairs and rehabilitation to meet current standards. This aligns with the 'poor' condition criteria, indicating major components require repair and the property is likely uncomfortable or inefficient in its current state.
Pros & Cons

Pros

Prime Highland Park Location: Situated in the heart of Highland Park, a highly desirable and eclectic neighborhood, offering excellent walkability to local cafes, galleries, boutiques, and convenient access to Downtown LA and major freeways.
Expansive Living Space: Boasting a substantial 4,701 SqFt of living space, the residence provides ample room for large families, multi-generational living, or flexible space utilization.
Significant Investment & Development Potential: Described as a 'contractor special' with 'endless potential,' it presents a unique opportunity for homeowners, investors, or developers to restore, reimagine, or convert into a multi-generational or income-producing asset.
Generous Lot Size: The property sits on a substantial 7,453 SqFt lot, offering valuable outdoor space for landscaping, potential expansion, or recreational use in a dense urban environment.
High Bedroom Count: With 7 bedrooms, the home provides exceptional capacity for large households, guest accommodations, or flexible room configurations to suit various needs.

Cons

Extensive Renovation Required: Explicitly stated as a 'contractor special' and 'ready for your vision,' the property necessitates significant investment and effort for modernization, restoration, or structural updates.
Advanced Age of Property: Built in 1922, the home likely features outdated systems, infrastructure, and finishes, which could lead to substantial costs for necessary upgrades and repairs to meet contemporary standards.
Recent Price Reductions: Multiple price drops from the original $1.68M to the current $1.48M suggest potential overpricing at initial listing or challenges in market appeal, which may impact perceived value.

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