5428 Meridian Street
Los Angeles, CA, 90042 $ 890,000
Baths1.0 Sq 1,264 Monthly Estimate*
$ 5,480
Studio for $890,000 with 1 full bath. This 1,264 square foot home was built in 1924 on a lot size of 0.0751.
Tucked on a corner lot in one of Northeast LA's most sought-after neighborhoods, this 1924 California bungalow duplex is the kind of find that doesn't come around often, charming from the street, thoughtfully upgraded where it counts, and set up to work for you from day one.The remodeled unit was reimagined in 2022 with a light touch and a sharp eye. An open, airy layout sets the tone, the kind of easy flow that feels effortlessly California. The kitchen was refreshed with new countertops, backsplash, and hardware. The bathroom got a full makeover -- tiled shower, glass enclosure, clean and considered. New windows let the light pour in, and in-unit washer/dryer and recessed lighting throughout round out a space that feels genuinely move-in ready.Step outside and you'll find something increasingly rare in this city: outdoor space that was actually designed to be lived in. A fire pit area anchored by concrete pavers and string lights sets the scene for slow evenings and easy entertaining. Fresh landscaping, a front yard tree, a rear privacy hedge, and newly installed fencing and gates give the whole property a sense of arrival that feels curated, not accidental.The second unit is currently occupied and comes with its original character intact, and meaningful upside for the right buyer who wants to put their own stamp on it over time.The detached garage has been finished into a bright, recessed-lit workspace, currently used as a home office and creative retreat, flexible bonus square footage for work, studio, or creative use.A driveway offers off-street parking, a small thing that matters enormously in this neighborhood. One unit delivered vacant and ready for your visit. The other is currently leased and generating income from day one, with the flexibility to adapt on your timeline. All of it just moments from the restaurants, coffee shops, and weekend energy of York Boulevard and Figueroa Street.This is Highland Park living with room to grow into it.
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FeaturesGeneralHeating Wall Furnace
Cooling None
Utilities Electricity Available Electricity Connected Sewer Available Water Available
Appliances Freezer Gas Oven Microwave Refrigerator Water Heater
HOA Fee 0
Garage Spaces 0
Pool Features None
Exclusions TBA
Year Built 1924
Tenant Pays Electricity Gas Trash Collection
View None
Stories Count 1
Levels One
Gross Income 3382
Community Features Street Lights Suburban Sidewalks
County Los Angeles
Net Operating Income 2922
Operating Expense 460
Insurance Expense 260
Property Type Residential Income
Subdivision Name Not Applicable
Facing Direction North
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions From the 110 N exit Ave 52 head East on Ave 52 turn left on Figueroa St turn right on Ave 54 turn left on Meridian St. Property on the left corner lot
City Los Angeles
Senior Community Y/N false
MLS Area 632 - Highland Park
Lot Size Units Square Feet
Lot Size Square Feet 3272
Number of Units Leased 1
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 115
Water Sewer Expense 85
Rent Control Y/N true
Standard Status Active
Year Built Source Assessor
Tax Lot 3
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InteriorInterior Amenities Built-in Features Recessed Lighting All Bedrooms Down
Fireplace Features None
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Room
Total Baths 0
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ExteriorFencing Wood
Parking Features Driveway
Lot Features Sprinklers None
Total Parking 1
Inclusions TBA
Lot Size Area 3272
Number of Buildings 1
Spa false
Building Area Total 1264
Lot Size Acres 0.0751
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded FeaturesList Bytaylor.morphy@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,480
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,879,140
Percent of Sale Price 111%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/13/2026 | $890,000 | | Listed Price |