301 S Avenue 55, Los Angeles, California 90042, Los Angeles, 90042 - bed, bath

301 S Avenue 55, Los Angeles, California 90042 home-pic-0
ACTIVE$1,049,000
301 S Avenue 55, Los Angeles, California 90042
0Bed
0Bath
2,011Sqft
6,745Lot
Year Built
1914
Close
-
List price
$1.05M
Original List price
$1.2M
Price/Sqft
$522
HOA
-
Days on market
-
Sold On
-
MLS number
OC24130978
Home ConditionGood
Features
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $1.05M(46th), sqft - 2011(50th), beds - undefined(50th), baths - undefined(50th).

PRICE REDUCTION. Welcome to 301 S Avenue 55, Los Angeles, CA 90042—a beautifully remodeled triplex in the heart of Highland Park. The front unit dazzles with modern updates and stylish finishes, offering a blend of contemporary living and classic charm. The property features a large driveway providing ample parking space and a 3-car garage with the potential for an ADU conversion. This is a rare opportunity to own a prime piece of real estate in a highly sought-after area. Perfect for investors, homeowners looking for rental income, or primary home this triplex promises both luxury and convenience. Don’t miss out on this exceptional property!

Price History

Date
Event
Price
08/26/25
Sold
$1,050,000
11/08/23
Sold
$835,000
03/20/01
Sold
$181,000
Condition Rating
Good

The property, built in 1914, has been remodeled, particularly the front unit, with modern updates and stylish finishes. The kitchen and bathrooms appear updated in the images, although the extent of the renovation isn't fully clear. Given the age, it's unlikely to be 'excellent', but the description and images suggest it's move-in ready with no immediate major renovations needed, placing it in the 'good' category. The presence of a 3-car garage with ADU potential also adds value.
Pros & Cons

Pros

Income Potential: Triplex property offers immediate rental income opportunities, ideal for investors or homeowners seeking supplemental income.
ADU Potential: The 3-car garage presents a significant opportunity for ADU conversion, potentially increasing property value and rental income.
Prime Location: Located in the highly desirable Highland Park area, offering convenient access to local amenities and attractions.

Cons

Age of Property: Built in 1914, the property may require ongoing maintenance and potential upgrades due to its age.
Potential Renovation Costs: While the front unit is remodeled, other units may require updates to maximize rental potential and appeal.

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