• Facebook
  • Instagram
Phone310-890-6928
Login or sign up for new accountLogin / Register
Email MeEmail Me
  • Search Listings
    • Residential
    • Lease
  • My Listings
  • Previous Sales
  •   Buyers
    • Renting vs. buying
    • How much can I afford?
    • Why work with a real estate agent
    • Finding your home
    • What do you want in a home?
    • Submitting an offer
    • After the offer is accepted
    • Moving
  •     Sellers
    • Why work with a real estate agent
    • Getting your home ready for sale
    • Pricing your home to sell
    • Negotiating the sale
    • Transaction management
    • Moving
  •     Services
    • Onepoint
    • Home Financing
    • Insurance
    • Escrow
    • Title
    • Home Warranty
    • PRESALE/STAGING
    • Relocation
  •     About
    • Leadership Team
    • About Us
    • Globally Respected
    • The Charitable Foundation
    • Diversity & Inclusion
    • Agents Only
Menu
Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
Any Price
-
  • 0
  • $100,000+
  • $250,000+
  • $500,000+
  • $750,000+
  • $1,000,000+
0+ Beds
  • 0+
  • 1+
  • 2+
  • 3+
  • 4+
  • 5+
0+ Baths
  • 0+
  • 1+
  • 2+
  • 3+
  • 4+
  • 5+
Property Type
Other
VIRTUAL TOUR
  • Home
  • 249 S Avenue 54

249 S Avenue 54, Los Angeles, CA 90042

$2,425,000 Approx. USD 0 beds, 0 baths

Save My Notes
Share
  • Copy Link
  • Facebook
  • Twitter
  • Pinterest
Source MLS Verified
MORE INFO
BrochureBrochure

Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Text Me
Call My Cell
Call My Office
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
 Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Call Branch Office
Fax: 818-386-9007
Mortgage Calculator
GET PRE-APPROVED
Interested in This Property? Your message will be sent to Jesse.
By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.
  • Save
  • My Notes

Listing Agent


Martin Fish | Martin@streetlamppartners.com
Lic#: 01988997
Broker: Courtesy of Citivest Realty Services, Inc
Phone: 310-905-4834

Agent Remarks

12 Unit RTI project with alley access. Located in the vibrant Highland Park community of Los Angeles, 249 S Avenue 54. This offers a rare development opportunity with RTI (Ready-To-Issue) permits in place. The existing property features three separate bungalow homes with alley access. NO RELOCATION, THE PROPERTY IS DELIVERED FULLY VACANT. The approved plans allow for four new construction duplex structures and two detached ADUs. Upon CofO, the new owner will be able to capture six (6) additional ADUs by right. Recent code updates allow for 8 ADUs bringing the unit count to 16 total. The new project will feature (8) 5B/5B units and (8) 2B/2B ADUS, each thoughtfully designed to meet the needs of modern urban living. The building will encompass approximately 24,210 square feet on a 17,882 square foot lot, designed with contemporary finishes, energy-efficient features, a full sprinkler system, and full compliance with the latest seismic and building codes. Situated just minutes from Downtown Los Angeles, tucked in between Griffith Obervatory and the 110 Parkway, the property benefits from a strong demand for rental housing, making it ideal for families or co-living operations. The estimated annual NOI is approximately $768,903. Avenue 54 offers an outstanding opportunity to invest in a high-demand, centrally located project ready for immediate development and long-term success.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# PW25174973
List price is $2,425,000 Reduced by $25,000 on 9/16/2026
Price: $2,425,000
HOA Fee is $0.00
Beds: 0
Baths: 0
0.40 acres
Lot size: 0.3992
County: Los Angeles
Zoning: LARD2
Lot description: ZeroToOneUnitAcre,ElevenToFifteenUnitsAcre,SixToTenUnitsAcre,Back Yard,Front Yard,Lawn,Value In Land
MLS area: 632 - Highland Park

Last Updated: 9/16/2026

 Days On Market (DOM): 394

 Find more Los Angeles homes and real estate

 Find more homes in 90042 zip code

This listing belongs to the 632 - Highland Park MLS area

Lat/Long: 34.104484, -118.195432.
Find nearby listings

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

90042 Area Map

Demographics

Schools

CLICK TO VIEW MAP

Similar Listings

Next Listing
0 Randolph Avenue VIRTUAL TOUR
0 Randolph Avenue ,
$2,098,000 Approx. USD

List Date: 2/26/2026
 Status: Active
 MLS #: AR26042770

My Notes Save
Listing courtesy of
3323 Darwin Avenue VIRTUAL TOUR
3323 Darwin Avenue ,
$2,495,000 Approx. USD

List Date: 10/2/2026
 Status: Active
 MLS #: 26996125

My Notes Save
Listing courtesy of
513 N Palm VIRTUAL TOUR
513 N Palm ,
$2,280,000 Approx. USD

List Date: 8/31/2026
 Status: Active
 MLS #: PF26184187

My Notes Save
Listing courtesy of
626 Lookout Drive VIRTUAL TOUR
626 Lookout Drive ,
$2,200,000 Approx. USD

List Date: 8/31/2026
 Status: Active
 MLS #: 26913817

My Notes Save
Listing courtesy of
0 Glendale Blvd VIRTUAL TOUR
0 Glendale Blvd ,
$2,495,000 Approx. USD

List Date: 4/28/2026
 Status: Active
 MLS #: 26827089

My Notes Save
Listing courtesy of
2743 Locksley Place VIRTUAL TOUR
2743 Locksley Place ,
$2,295,000 Approx. USD

List Date: 9/30/2026
 Status: Active
 MLS #: 26994713

My Notes Save
Listing courtesy of
0 Chevy Chase VIRTUAL TOUR
0 Chevy Chase ,
$2,150,000 Approx. USD

List Date: 8/20/2020
 Status: Active
 MLS #: 20621534

My Notes Save
Listing courtesy of
520 Haverstock Road VIRTUAL TOUR
520 Haverstock Road ,
$2,590,000 Approx. USD

List Date: 9/25/2026
 Status: Active
 MLS #: WS26199501

My Notes Save
Listing courtesy of
339 N Virgil Avenue VIRTUAL TOUR
339 N Virgil Avenue ,
$2,120,000 Approx. USD

List Date: 4/29/2021
 Status: Active
 MLS #: 21725404

My Notes Save
Listing courtesy of
627 N Juanita Avenue VIRTUAL TOUR
627 N Juanita Avenue ,
$2,300,000 Approx. USD

List Date: 3/13/2026
 Status: Active
 MLS #: 26664283

My Notes Save
Listing courtesy of
Previous Listing
  • Search
    • My Active Listings
    • My Previous Sales
    • Residential
    • Lease
    • Open Houses
    • Commercial
    • New Homes
    • Luxury
  • Buyers
    • Renting vs. buying
    • How much can I afford?
    • Why work with a real estate agent
    • Finding your home
    • What do you want in a home?
    • Submitting an offer
    • After the offer is accepted
    • Moving
  • Sellers
    • Why work with a real estate agent
    • Getting your home ready for sale
    • Pricing your home to sell
    • Negotiating the sale
    • Transaction management
    • Moving
  • Services
    • Prosperity Home Mortgage
    • HomeServices Relocation
    • HomeServices Insurance Agency
    • Pickford Escrow
    • California Title Company
    • American Home Shield
    • PINNACLE
    • myNHD
  • About
    • Leadership Team
    • About Us
    • Globally Respected
    • The Charitable Foundation
    • Diversity & Inclusion
    • Agents Only

Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Text Me
Call My Cell
Call My Office
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
hsoa-logo
  • Facebook
  • Instagram

© 2026 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.
Lic#: 01317331

Photo of Equal Housing Opportunity Privacy Policy - California Privacy Notice - Terms of Use - Accessibility
Do Not Sell My Personal Information DMCA.com Protection Status