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925 El Paso, Highland Park, California 90042, Highland Park, 90042 - 3 bed, 2 bath

925 El Paso, Highland Park, California 90042 home-pic-0
ACTIVE$1,395,000$2,284/sqft
Est. Value: $1,454,757
4%
BelowEstimate
925 El Paso, Highland Park, California 90042
3Beds
2Baths
2,284Sqft
6,782Lot

Price Vs. Estimate

The estimated value ($1,454,757.245) is $59,757.245 (4%) higher than the list price ($1,395,000). This property may be underpriced.

Key pros and cons

Top Pros:
Dual-Unit Configuration & Income Potential: The property features two separate homes with individual addresses and electric meters, providing excellent flexibility for an owner-occupant seeking rental income or a pure investor, with one unit already generating $2,625 monthly.
Top Cons:
Hillside Property Characteristics: Being set on a hillside street, the property may present challenges such as steep access, potential for limited flat usable yard space, or specific landscaping maintenance requirements.

Compared to the nearby listings

Price:$1.40M vs avg $1.23M (+$170,000)69%
Size:2,284 sqft vs avg 1,320 sqft91%
Price/sqft:$611 vs avg $8888%

More Insights

Built in 1963 (63 years old).
Condition: Despite being built in 1963, the property has undergone extensive and recent renovations, as evidenced by the description and images. The kitchen features modern gray cabinetry, white countertops, subway tile backsplash, and new stainless steel appliances. Bathrooms are similarly updated with contemporary vanities, fixtures, and tiling. New light-colored laminate flooring, recessed lighting, fresh paint, and updated HVAC systems are visible throughout, indicating a virtually new interior. The exterior also shows fresh paint and modern landscaping. All components appear new or recently updated, meeting current quality standards with no deferred maintenance.
Year Built
1963
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$611
HOA
-
Days on market
-
Sold On
-
MLS number
SR26010277
Home ConditionExcellent
Features
Good View: Hills
ViewHills

About this home

Nestled in the coveted Hills of Highland Park, is an updated property offering two separate homes 925 and 927 El Paso Drive—each with its own address and individual electric meters—perfect for an owner-occupant or investor. The front house spans roughly 1,344 sq ft with 3 bedrooms and 2 baths, a spacious primary suite, an easy, open layout, and plentiful natural light. The rear unit, approximately 940 sq ft, features 2 bedrooms and 1 bath and is currently on a convenient month-to-month lease paying $2,625, providing immediate income potential for an owner occupant. The property has had numerous updates including to the electrical panel, foundation, gutters, dual-pane windows, flooring, baths, HVAC, skim-coated drywall, fresh exterior and interior paint, updated lighting, metal gates, and professional landscaping. Set on a hillside street with serene views and great neighborhood appeal, this move-in-ready property blends modern comfort for an owner-occupant with additional strong rental potential.

K
Krikor Demirjian
Listing Agent
Condition Rating
Excellent
Despite being built in 1963, the property has undergone extensive and recent renovations, as evidenced by the description and images. The kitchen features modern gray cabinetry, white countertops, subway tile backsplash, and new stainless steel appliances. Bathrooms are similarly updated with contemporary vanities, fixtures, and tiling. New light-colored laminate flooring, recessed lighting, fresh paint, and updated HVAC systems are visible throughout, indicating a virtually new interior. The exterior also shows fresh paint and modern landscaping. All components appear new or recently updated, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Dual-Unit Configuration & Income Potential: The property features two separate homes with individual addresses and electric meters, providing excellent flexibility for an owner-occupant seeking rental income or a pure investor, with one unit already generating $2,625 monthly.
Extensive Recent Renovations: Numerous updates have been completed, including the electrical panel, foundation, gutters, dual-pane windows, flooring, baths, HVAC, skim-coated drywall, and fresh paint, ensuring a move-in ready condition.
Prime Highland Park Location: Nestled in the coveted Hills of Highland Park, the property benefits from a highly desirable neighborhood with strong appeal and a serene setting.
Serene Hill Views: The property offers serene views of the hills, enhancing its aesthetic appeal and providing a peaceful living environment.
Modern Comforts & Functional Layout: The front house boasts an easy, open layout with plentiful natural light and modern amenities like HVAC, contributing to a comfortable and contemporary living experience.

Cons

Hillside Property Characteristics: Being set on a hillside street, the property may present challenges such as steep access, potential for limited flat usable yard space, or specific landscaping maintenance requirements.
Month-to-Month Lease for Rear Unit: While offering flexibility, the month-to-month lease for the income-generating rear unit introduces potential vacancy risk for investors or uncertainty for an owner-occupant's long-term plans for the unit.
Limited Explicit Parking Details: The description mentions 'metal gates' but lacks specific details regarding covered parking or ample off-street parking, which can be a significant consideration in this urban environment.
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