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573 Kendall Avenue, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 2 bath

573 Kendall Avenue, Los Angeles, California 90042 home-pic-0
ACTIVE$1,325,000
573 Kendall Avenue, Los Angeles, California 90042
3Beds
2Baths
2,172Sqft
7,928Lot
Year Built
1904
Close
-
List price
$1.32M
Original List price
$1.32M
Price/Sqft
$610
HOA
-
Days on market
-
Sold On
-
MLS number
WS25182583
Home ConditionFair
Features
Good View: Mountain(s), Panoramic
Patio
ViewMountain(s), Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $1.32M(62th), sqft - 2172(91th), beds - 3(50th), baths - 2(50th).

Location, location, location! Invest in a thriving & highly desirable neighborhood and explore this exceptionally rare property/ boarding house situated on a generous 7,928 sq. ft lot in the Highland Park/ Monterey Hills area. This unique Property possesses plenty of upside potential and features ample space for both indoor and outdoor enjoyment. This stunning property was originally designed as a 3 bedroom/ 2 bathroom home, has large basement, and has been tastefully converted into 6 bedrooms with potential for a 3rd bathroom or more, and provides plenty of space for a wide array of usages for any Buyer or savvy Investor. The heart of the home is a recently remodeled kitchen with granite countertops, tile flooring, cabinets, and a newer water purifying system. The backyard will surely impress, with a breathtaking near-panoramic view of the San Gabriel mountains and the Rose Bowl in the distance, a vista view that provides warm environment/ color-changing scenery throughout the day. Whether you envision hosting gatherings or simply relaxing in the tranquility of your private oasis, this property provides the perfect setting. Located near Figueroa, enjoy nearby restaurants, shops, and cafes. This home is priced attractively, and an ideal opportunity for both Buyers and/or Investors seeking great rental income and/or high future potential! Buyer to rely on own due diligence and investigate any/all aspects about the Property that are important to Buyers decision to purchase -- including but not limited to Size & Sq. Footage, Condition, Zoning & Usage, Permit History, Boundary Lines, Rental Income & restrictions, Development potential, etc. Buyer is invited to check with City for all the wonderful potential & possibilities this unique corner lot property possesses, such as potential Business Usage i.e. short term rentals, assisted living facility, transient housing and/or child-care/ boarding house licensing.

Price History

Date
Event
Price
09/17/25
Listing
$1,325,000
Condition Rating
Fair
Built in 1904, this property is significantly aged. While the kitchen has been recently remodeled with granite countertops, new cabinets, and tile flooring, the rest of the home shows considerable wear and dated features. Bedrooms feature worn carpets and older light fixtures, and the overall aesthetic outside the kitchen is clearly from an earlier era. The property is functional and appears maintained, but requires minor to moderate updates and repairs in several areas, particularly the bathrooms (which are not pictured but likely original or minimally updated) and general finishes, to align with current standards. The explicit warning for extensive due diligence on 'Condition' and 'Permit History' for the 6-bedroom conversion also suggests potential underlying issues.
Pros & Cons

Pros

Prime Location & Desirable Neighborhood: Situated in the highly sought-after Highland Park/Monterey Hills area, offering proximity to amenities on Figueroa and a thriving community.
Exceptional Investment & Development Potential: A rare boarding house property on a generous 7,928 sq ft corner lot, offering significant upside for rental income, diverse business usage (e.g., short-term rentals, assisted living), and future development.
Panoramic Mountain Views: Features breathtaking near-panoramic views of the San Gabriel mountains and the Rose Bowl, enhancing the property's aesthetic appeal and value.
Versatile & Expanded Layout: Originally a 3-bed/2-bath, now converted to 6 bedrooms with a large basement, providing ample space and flexibility for various buyer needs or investor strategies.
Recently Remodeled Kitchen: The heart of the home boasts a recently updated kitchen with granite countertops, tile flooring, new cabinets, and a water purifying system.

Cons

Extensive Due Diligence Required: The listing explicitly advises buyers to investigate 'Condition, Zoning & Usage, Permit History, Rental Income & restrictions, Development potential,' indicating potential complexities or non-conforming aspects that require thorough research.
Age of Property (1904): Built in 1904, the property may require significant investment in updating infrastructure (plumbing, electrical) and addressing potential deferred maintenance typical of historic homes.
Non-Standard Configuration & Permitting Concerns: The conversion from a 3-bedroom home to a 6-bedroom boarding house, while offering versatility, raises questions about permitting and compliance, which could impact financing, insurance, or future resale if not properly documented.

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