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5427 Abbott Place, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 1 bath

5427 Abbott Place, Los Angeles, California 90042 home-pic-0
ACTIVE$790,000
5427 Abbott Place, Los Angeles, California 90042
3Beds
1Bath
1,176Sqft
7,025Lot
Year Built
1922
Close
-
List price
$790K
Original List price
$899K
Price/Sqft
$672
HOA
-
Days on market
-
Sold On
-
MLS number
BB25174035
Home ConditionPoor
Features
Good View: Hills, Neighborhood
Patio
ViewHills, Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $790.0K(50th), sqft - 1176(50th), beds - 3(50th), baths - 1(50th).

Large Lot Size of 7,025 Sq Ft! Located on a cul-de-sac. Home offers 1,176 sf of living area, 3 Bedrooms, 1 Bathroom, fireplace in living room, dining room, laundry room, and original features throughout the house. Buyers bring your vision and with some improvements this charming fixer upper has great potential to be an extraordinary home like the near-by remodeled properties selling for top dollar. Lots of parking! Long driveway that leads to a spacious backyard, great for entertainment, gardening, or future addition, ADU, etc. in a LAR2 Zoning. Location, location! Home is in high demand area of Highland Park. Located between Figueroa and York Boulevard. and conveniently near local shops, restaurants, cafes, parks, hiking trails, and metro. Minutes away from South Pasadena, and Downtown Los Angeles. Don’t miss this one… Open House Saturday 09/13/25 12 am. to 3 pm. Sunday 09/14/2025 12 pm. to 3 pm.

Price History

Date
Event
Price
09/12/25
Price Change
$790,000-6.9%
08/28/25
Price Change
$849,000-5.6%
08/02/25
$899,000
Condition Rating
Poor
This property, built in 1922, is explicitly described as a 'fixer upper' with 'original features throughout,' which is evident in the images. The kitchen is severely outdated with old cabinets, worn laminate countertops, basic older appliances (refrigerator and gas range), and dated linoleum flooring. The living areas show worn laminate flooring and walls with visible marks. The laundry area has exposed piping and very old flooring. While not explicitly stated as unlivable, the property requires substantial repairs and rehabilitation, particularly in the kitchen and likely the bathroom (not pictured but assumed to be in similar condition given the rest of the house). Major systems and finishes are well past their expected lifespan and require significant investment to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Prime Highland Park Location: Situated in a high-demand area of Highland Park, offering convenient access to local shops, restaurants, cafes, parks, hiking trails, and metro, with easy commutes to South Pasadena and Downtown Los Angeles.
Significant Development Potential: Boasts a large 7,025 sq ft lot with LAR2 zoning, providing excellent potential for future additions, an Accessory Dwelling Unit (ADU), or extensive outdoor living and entertainment spaces.
Strong Appreciation Potential: Described as a 'charming fixer upper' with 'great potential' to be transformed into an extraordinary home, aligning with nearby remodeled properties selling for top dollar.
Generous Outdoor Space & Parking: Features a spacious backyard ideal for entertainment and gardening, complemented by a long driveway that offers ample off-street parking.
Cul-de-sac Location & Views: Located on a quiet cul-de-sac, enhancing privacy and reducing traffic, and offers pleasant hills and neighborhood views.

Cons

Extensive Renovation Required: Explicitly marketed as a 'charming fixer upper' needing 'improvements' and vision, indicating a substantial investment in time and capital for modernization and upgrades.
Limited Bathroom Count: The property features only one bathroom for three bedrooms, which may be a functional limitation and a significant drawback for many families or prospective buyers.
Age of Property & Outdated Systems: Built in 1922 with 'original features throughout,' suggesting potential for outdated systems, infrastructure, and higher ongoing maintenance or upgrade costs compared to newer constructions.

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