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5139 San Rafael Avenue, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 1 bath

5139 San Rafael Avenue, Los Angeles, California 90042 home-pic-0
ACTIVE$929,500
5139 San Rafael Avenue, Los Angeles, California 90042
2Beds
1Bath
792Sqft
4,787Lot
Year Built
1922
Close
-
List price
$930K
Original List price
$970K
Price/Sqft
$1,174
HOA
-
Days on market
-
Sold On
-
MLS number
SR25075354
Home ConditionExcellent
Features
Excellent View: City Lights, Panoramic
Deck
Patio
ViewCity Lights,Panoramic

About this home

Possibly Over-Priced:The estimated price is 21% below the list price. We found 3 Cons,5 Pros. Rank: price - $929.5K(27th), sqft - 792(8th), beds - 2(39th), baths - 1(32th).

Located in the heart of Highland Park—one of LA’s most vibrant and centrally located neighborhoods—this beautifully upgraded home offers incredible views, a detached 2-car garage, and tons of usable lot space with potential to expand or build an income-generating ADU. Inside, enjoy brand-new bamboo floors, recessed lighting, and a fully remodeled kitchen with quartz countertops and new cabinets. The bathroom has been completely redone, and the bedroom features a spacious walk-in closet. Major upgrades include a new roof, copper plumbing, electrical, and new central HVAC —making this home 100% move-in ready. With its walkability, trendy shops and restaurants, and quick access to DTLA and Pasadena, Highland Park is one of LA’s most desirable communities. You have to see this one to truly appreciate it!

Price History

Date
Event
Price
04/22/99
Sold
$116,000
Condition Rating
Excellent
Despite being built in 1922, this property has undergone extensive and recent renovations, making it virtually new inside. The description explicitly states 'brand-new bamboo floors, recessed lighting, and a fully remodeled kitchen with quartz countertops and new cabinets.' The bathroom has also been 'completely redone.' Crucially, major systems like the roof, copper plumbing, electrical, and central HVAC are all new, indicating no deferred maintenance and meeting current quality standards. The property is described as '100% move-in ready,' aligning perfectly with the 'Excellent' condition criteria for a recently and extensively renovated home.
Pros & Cons

Pros

Prime Highland Park Location: Situated in a highly desirable, vibrant, and centrally located neighborhood with excellent walkability and quick access to amenities, DTLA, and Pasadena.
Extensive Modern Upgrades: Recently renovated with new bamboo floors, recessed lighting, a fully remodeled kitchen (quartz, new cabinets), redone bathroom, and critical infrastructure updates (new roof, copper plumbing, electrical, central HVAC), ensuring a move-in ready condition.
ADU Potential & Usable Lot: Features a generous lot with significant potential for expansion or the addition of an income-generating Accessory Dwelling Unit (ADU), enhancing future value and flexibility.
Panoramic City Views: Offers incredible panoramic views, including city lights, which significantly enhances the property's aesthetic appeal and market value.
Detached Two-Car Garage: Provides valuable off-street parking and storage, with potential for conversion or additional utility, a significant asset in an urban setting.

Cons

Significant Overpricing: The current list price of $929,500 is considerably higher than the estimated market value of $726,976.55, indicating a potential overvaluation of approximately 21%.
Compact Living Space: With only 792 square feet, the interior living space is relatively small, which might be a limiting factor for buyers seeking more expansive accommodations.
Limited Bedroom/Bathroom Count: The property offers only two bedrooms and one bathroom, which may not cater to the needs of larger households or those requiring additional private or guest facilities.

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