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212 N Avenue 49, Los Angeles, CA 90042

Sale Price: $655,000
Oct 1, 2024560 sqft2 beds2 baths
Listed by: Gregory Lima
License #: 02080063
Phone #: 626-966-3641
KELLER WILLIAMS COVINA
Source:
CRMLS Logo
MLS #: CV24202785

Property Description

Fantastic FLIP opportunity! Positioned in one of Los Angeles' most optimally-located neighborhoods, "LA on the Avenue" offers a golden opportunity for real estate investors and visionary homeowners alike. While this 2-bedroom, 2-bathroom home currently spans 560 square feet of living space, it sits on a sizable 4,424-square-foot lot, making it an ideal candidate for a complete renovation or flip. Situated in Highland Park just minutes from downtown Los Angeles, this property provides easy access to some of the city's most iconic destinations, including the University of Southern California (USC), the Glendale Galleria & The Americana at Brand, vibrant Echo Park & Silver Lake areas, and the charming, much-beloved city of Pasadena. Whether you're a seasoned developer or a first-time investor, this property offers incredible potential for those with a little know-how. Come take a look before this one flies off the shelf!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,695

TurboHome Estimated Value

$681,500

$1,217 sqft

High Valuation
$715,575
$1278/sqft
Normal Valuation
$681,500
$1217/sqft
Low Valuation
$647,425
$1156/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1217/sqft$681,500

Neighborhood: Mount Washington

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Comparative Value

$415K

$455K

$510K

$650K

$800K

5850 Benner St 301, Los Angeles, CA 90042

Sale Price: $415,000

Selected Comparable

5820 Benner St 308, Los Angeles, CA 90042

Sale Price: $455,000

Selected Comparable

5860 Benner St 203, Los Angeles, CA 90042

Sale Price: $510,000

Selected Comparable

212 N Avenue 49, Los Angeles, CA 90042

List Price: $650,000

Subject Property

212 N Avenue 49, Los Angeles, CA 90042

Sale Price: $655,000

Selected Comparable

4920 San Rafael Ave, Los Angeles, CA 90042

Sale Price: $800,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
212 N Avenue 49, Los Angeles, CA 90042

212 N Avenue 49, Los Angeles, CA 90042

List: $650,000

Listed: 10/1/2024

Area:560 sqft
Price/sqft:$1,161
Beds:2
Baths:2
Year Built:
Lot Size:4,424

Comparable Properties

COMPARABLE
Choose comps
212 N Avenue 49, Los Angeles, CA 90042

212 N Avenue 49, Los Angeles, CA 90042

Sale: $655,000

5/30/20250.00 mi

Area:560 sqft
Price/sqft:$1,170
Beds:2
Baths:2
Year Built:
Weight:26.4%
5820 Benner St 308, Los Angeles, CA 90042

5820 Benner St 308, Los Angeles, CA 90042

Sale: $455,000

6/27/20250.86 mi

Area:753 sqft
Price/sqft:$604
Beds:2
Baths:2
Year Built:
Weight:19.0%
5850 Benner St 301, Los Angeles, CA 90042

5850 Benner St 301, Los Angeles, CA 90042

Sale: $415,000

6/9/20250.86 mi

Area:753 sqft
Price/sqft:$551
Beds:2
Baths:2
Year Built:
Weight:18.7%
4920 San Rafael Ave, Los Angeles, CA 90042

4920 San Rafael Ave, Los Angeles, CA 90042

Sale: $800,000

12/13/20240.60 mi

Area:624 sqft
Price/sqft:$1,282
Beds:2
Baths:1
Year Built:
Weight:18.5%
5860 Benner St 203, Los Angeles, CA 90042

5860 Benner St 203, Los Angeles, CA 90042

Sale: $510,000

1/28/20250.86 mi

Area:753 sqft
Price/sqft:$677
Beds:2
Baths:2
Year Built:
Weight:17.3%

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