631 N Avenue 48, Los Angeles, California 90042, Los Angeles, 90042 - 4 bed, 4 bath
ACTIVE$330,000
631 N Avenue 48, Los Angeles, California 90042
4Beds
4Baths
3,426Sqft
7,493Lot
Year Built
2025
Close
-
List price
$330K
Original List price
$350K
Price/Sqft
$96
HOA
-
Days on market
-
Sold On
-
MLS number
GD25195162
Home ConditionExcellent
Features
Good View: Hills, Mountain(s)
ViewHills, Mountain(s)
About this home
We found 3 Cons,5 Pros. Rank: price - $330.0K(1th), sqft - 3426(99th), beds - 4(86th), baths - 4(90th).
Build your dream home :) on this 7,493 sq ft Lot. Don’t miss this incredible chance to own land in one of LA’s most desirable and connected neighborhoods. Peaceful hillside setting with natural surroundings and hill views. Preliminary Designs, Geology and Soil, Geotech Report, Grading and Drainage plan and Hydrology Analysis have been done and can be provided. Plans include to construct an new 3,426 sq ft, 4 Bedroom - 4 Baths, 2 car garage home.
Price History
Date
Event
Price
09/18/25
Price Change
$330,000-5.7%
08/29/25
Listing
$350,000
06/20/19
Sold
$58,000
06/16/15
Sold
$57,000
04/22/11
Sold
$10,000
10/18/07
Sold
$47,500
12/16/05
Sold
$140,000
10/08/02
Sold
$18,000
Condition Rating
Excellent
This listing is for a vacant lot with approved plans for a new construction home, indicated by the 'year_built' of 2025 and the description 'Build your dream home' and 'Plans include to construct an new 3,426 sq ft... home.' While there is no existing structure to evaluate for current kitchen, bathroom, or other interior conditions, the property is being sold with the intent and plans for a brand new build. A newly constructed home, by definition, would meet the 'Excellent' criteria of being 'newly built' with all components new and meeting current quality standards.
Pros & Cons
Pros
Prime Location: Situated in Highland Park, described as one of LA’s most desirable and connected neighborhoods, offering strong appeal and potential for appreciation.
Extensive Pre-Development Work: Significant preliminary studies including Geology, Soil, Geotech Report, Grading and Drainage plan, and Hydrology Analysis have been completed, substantially de-risking and streamlining the future construction process.
Approved Home Design Available: Preliminary designs for a substantial 3,426 sq ft, 4 Bedroom - 4 Bath, 2-car garage home are available, providing a clear vision and saving the buyer considerable design time and costs.
Generous Lot Size: The 7,493 sq ft lot offers ample space for a custom-built dream home and potential outdoor amenities in a desirable urban setting.
Scenic Views: The property boasts a peaceful hillside setting with natural surroundings and hill views, enhancing the quality of life and potential value of the future home.
Cons
Construction Required: This is a vacant lot, meaning the buyer must undertake a full construction project, incurring significant additional costs, time, and management responsibilities beyond the land purchase.
Hillside Building Complexities: Despite preliminary reports, building on a hillside can still present complex engineering and construction challenges, potentially leading to higher-than-average building costs and extended timelines.
No Immediate Occupancy or Income: As a vacant lot, the property offers no immediate occupancy or potential for rental income, requiring a long-term investment horizon from the buyer.