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6417 Crescent St Street, Highland Park, California 90042, Highland Park, 90042 - bed, bath

6417 Crescent St Street, Highland Park, California 90042 home-pic-0
ACTIVE$1,380,000
6417 Crescent St Street, Highland Park, California 90042
0Bed
0Bath
1,624Sqft
57,230.129Lot
Year Built
1924
Close
-
List price
$1.38M
Original List price
$1.38M
Price/Sqft
$850
HOA
-
Days on market
-
Sold On
-
MLS number
OC25071583
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.38M(62th), sqft - 1624(50th), beds - undefined(50th), baths - undefined(50th).

BEAUTIFUL 2 units + ADU. A NEWLY REMODELED LEGAL ADU (ACCESSORY DWELLING UNIT) IN THE HEART OF LOS ANGELES IN HIGHLAND PARK! Close to Pasadena and Downtown Los Angeles, units are conveniently located near shops and restaurants. Close to the 110 Freeway, located in the Garbanza District. This home features 2 units with 2 bedrooms and 1 bathroom each, as well as a beautiful ADU with 1 bedroom and 1 bath. All units are detached. These homes are designed for entertainment with a modern open space floorplan and summer barbeques!. There is a long driveway for plenty of parking and a spacious backyard patio dividing both units. It is a great home for investment and owner-occupants. DON'T MISS THIS OPPORTUNITY TO OWN AND GENERATE RENTAL INCOME!

Price History

Date
Event
Price
03/16/21
Sold
$770,000
09/01/04
Sold
$431,000
07/15/03
Sold
$279,000
08/15/00
Sold
$196,000
Condition Rating
Excellent
Despite being built in 1924, the property has undergone a comprehensive and recent renovation across all units, including a newly remodeled ADU. The kitchens feature modern white shaker cabinets, stainless steel appliances, quartz countertops, and subway tile backsplashes. Bathrooms are updated with contemporary vanities, subway tile showers, and modern fixtures. New wood-look flooring and recessed lighting are present throughout, indicating all components are new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Exceptional Income Potential: The property features three detached units (2x 2BD/1BA, 1x 1BD/1BA ADU) explicitly marketed for investment and rental income generation, appealing to both investors and owner-occupants.
Newly Remodeled Legal ADU: The presence of a newly remodeled and legal Accessory Dwelling Unit significantly enhances property value, flexibility, and provides an additional stream of rental income.
Prime Highland Park Location: Situated in the 'heart of Los Angeles in Highland Park,' the property offers convenient access to shops, restaurants, Pasadena, Downtown LA, and the 110 Freeway, enhancing its desirability.
Detached Units & Modern Layout: All units are detached, providing privacy, and feature a modern open-space floorplan designed for entertainment, which enhances tenant appeal and overall livability.
Ample Parking & Outdoor Space: A long driveway provides plenty of parking, a valuable asset in urban areas, complemented by a spacious backyard patio for outdoor enjoyment and entertaining.

Cons

Age of Primary Structures: Built in 1924, the main units may have aging infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or upgrades, despite the mention of a modern floorplan.
Lack of Views: The property explicitly states 'view: None,' which might be a drawback for buyers seeking scenic vistas, especially in a desirable Los Angeles neighborhood where views often command a premium.
Large Lot Maintenance: The exceptionally large lot size (57,230 sqft) could entail significant ongoing landscaping and maintenance costs, potentially deterring buyers looking for a lower-upkeep property.

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