Under Contract

354 N Avenue 57

Los Angeles, CA, 90042

1 / 46View all 46 photos

$599,000

MLS: 26671371

Beds

2

Baths

1

Sq Ft

625

Lot

0.34 ac

Year Built

1922

MLS #

26671371

Days on Market

22

Listed

Mar 30, 2026

Description

New Co-Ownership Opportunity: Welcome to your ideal and secluded Highland Park haven! Nestled along a charming tree-lined street just moments from the vibrant energy of Figueroa and York Streets, this beautifully updated 2-bedroom, 1-bath home offers the comfort and privacy of a true single-family residence. Inside, an airy open floor plan creates effortless flow-perfect for quiet mornings, cozy evenings, and seamless entertaining. The home has been thoughtfully renovated with new flooring, interior paint, a gas range, mini-split system, refrigerator, and in-unit washer/dryer. Set back from the street and accessed by a shared driveway, the property sits on an expansive 5,000 SF lot, providing ample opportunities to expand the home, add a garage, build an 800 SF ADU or explore all three -- and still have additional yard space! Located in one of Northeast LA's most sought-after neighborhoods, you'll enjoy easy access to many of the city's favorite spots. Start your morning at Kitchen Mouse, Comet over Delphi, Alfreds or La Monarca Bakery, grab tacos from Home State or Villa's Tacos, burgers from Burger Lord, savor dinner at Hippo, and ice cream at Afters or a night out at Highland Park Bowl. Pilates studios, boutiques, and local art galleries add to the area's vibrant appeal. With the Metro A Line just three blocks away, Downtown LA and Pasadena are always within easy reach. Whether you're a first-time buyer or someone ready to put down roots, this home truly delivers -- offering charm, an unbeatable location, and exceptional potential to grow.

Location

Los Angeles, Los Angeles County, CA 90042

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Listed by: Will Tiao · The Collective Realty

Payment estimate

$4,461

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $59,900 · Loan: $539,100

%
Principal & Interest
$3,312
Property tax (1.25%)
$624
Homeowners insurance
$300
Mortgage insurance
$225
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $20,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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