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Good Deal? Sub-$500k on Really Tiny Lot in Highland Park

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Open House: Sunday, September 22, between 2 PM - 4 PM

5120 Echo Street, Highland Park
Price: $449,000
Beds, Bath: 3 beds, 1 1/2 baths
Floor Area: 1,290 sq. ft.
Per the Listing: "Thoughtfully restored and updated English Revival gem in Highland Park in move in ready condition with all the modern conveniences... All-new, permitted work includes completely renovated kitchen and baths, copper plumbing, new waste line with cleanouts, 200 Amp electrical service, new central heat and air, and tankless water heater. The kitchen boasts an open floor plan with plentiful storage, island cooktop, quartz countertops and stainless steel Bosch appliances. Other features include in-home laundry, original hardwood floors throughout, and French doors opening onto a beautiful redwood deck. A gated 2-car driveway, dark-stained cedar fence, and finished garage/studio/bonus space complete this one-of-a-kind home that seamlessly blends old-world charm with modern amenities. Walk to Sycamore Grove Park and Debs Park hiking trails. Easy freeway and Gold Line access"

Excellent job on this flip which was last sold in March 2012 for $214k. The only big negatives we see, besides being on a tiny lot (1,963 sq. ft.), is that you're just off Avenue 52 which is an exit off the Pasadena Freeway. That could be noisy. But you're one house in. And it's definitely walkable to the Highland Park Gold Line Station. But there's no room for a pool, or, well, anything besides that deck and a grill. So let's call this one perfect for people who don't want the hassle of yard maintenance.

· 5120 Echo Street, Los Angeles, CA 90042 [Redfin]