Rare investment and development opportunity in the highly desirable 90031 Los Angeles area. The existing 1,296 square foot home is a fixer and offers the chance to renovate, expand, or redevelop to suit your vision. With generous lot size and dual parcels, the possibilities are plentiful—whether exploring redevelopment, or creating a custom project (buyer to verify all development options with the city). This property presents exceptional potential for developers, investors, or flippers looking to maximize value in a rapidly evolving neighborhood. Conveniently located near major freeways, DTLA, and local amenities, this is a prime opportunity to capitalize on strong demand and ongoing growth in the area. Opportunities with this much land and upside potential are increasingly rare—bring your contractor, architect, and imagination.
Pending
Listed by: Equity Union • Dennis Chernov • Contact: 818-989-2000
Price cut: $110K (6/8)
$689,000
4124 Mercury Ave, Los Angeles, CA 90031
3beds
1,296sqft
:
Get pre-qualified$4,538/mo
Single Family Residence
Built in 1906
0.25 Acres Lot
$-- Zestimate®
$532/sqft
$-- HOA
What's special
Dual parcelsGenerous lot size
- 62 days |
- 94 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Dennis Chernov DRE #01850113 818-989-2000,
Equity Union,
Wesley Edberg DRE #01952052,
Equity Union
Source: CRMLS,MLS#: SR26088552
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Other
Cooling
- See Remarks
Appliances
- Laundry: Laundry Room, See Remarks
Features
- See Remarks
- Has fireplace: No
- Fireplace features: None, See Remarks
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,296 sqft
Property
Parking
- Parking features: See Remarks
Accessibility
- Accessibility features: See Remarks
Features
- Levels: Two
- Stories: 2
- Entry location: entry
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 0.25 Acres
Details
- Parcel number: 5305015049
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: See Remarks
Condition
- New construction: No
- Year built: 1906
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, See Remarks
Community & HOA
Community
- Features: Valley
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $532/sqft
- Tax assessed value: $353,586
- Annual tax amount: $4,507
- Date on market: 4/24/2026
- Cumulative days on market: 63 days
- Listing terms: Cash,Cash to New Loan
Estimated market value
Not available
Estimated sales range
Not available
$5,215/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Pending sale | $689,000$532/sqft |
Source:  CRMLS #SR26088552 Report a problem | ||
| 6/19/2026 | Contingent | $689,000$532/sqft |
Source: CRMLS #SR26088552 Report a problem | ||
| 6/8/2026 | Price change | $689,000-13.8%$532/sqft |
Source: CRMLS #SR26088552 Report a problem | ||
| 4/24/2026 | Listed for sale | $799,000+483.2%$617/sqft |
Source: CRMLS #SR26088552 Report a problem | ||
| 8/3/2009 | Sold | $137,000-14.3%$106/sqft |
Source: Agent Provided Report a problem | ||
| 6/20/2009 | Price change | $159,900-11.1%$123/sqft |
Source: NRT California #09-348259 Report a problem | ||
| 4/11/2009 | Price change | $179,900-12.2%$139/sqft |
Source: NRT California #09-348259 Report a problem | ||
| 3/19/2009 | Price change | $204,900-2.4%$158/sqft |
Source: NRT California #09-348259 Report a problem | ||
| 2/15/2009 | Listed for sale | $209,900$162/sqft |
Source: NRT California #09-348259 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $4,507 +4.8% | $353,586 +2% |
| 2022 | $4,301 +1.3% | $346,654 +2% |
| 2021 | $4,245 -0.9% | $339,858 +1% |
| 2020 | $4,284 | $336,374 +2% |
| 2019 | $4,284 +4.6% | $329,779 +2% |
| 2018 | $4,095 | $323,314 +2% |
| 2017 | $4,095 +2.2% | $316,976 +2% |
| 2016 | $4,006 +2.5% | $310,762 +1.5% |
| 2015 | $3,909 +0.8% | $306,095 +2% |
| 2014 | $3,878 | $300,100 +2.5% |
| 2012 | -- | $292,888 +2% |
| 2011 | -- | $287,146 +0.8% |
| 2010 | -- | $285,000 -30.1% |
| 2009 | -- | $408,000 -9.8% |
| 2008 | -- | $452,574 +2% |
| 2007 | -- | $443,700 +122.1% |
| 2006 | -- | $199,748 |
| 2005 | -- | $199,748 +4% |
| 2004 | -- | $191,993 +22.3% |
| 2003 | -- | $156,950 +2% |
| 2002 | -- | $153,874 +4% |
| 2000 | -- | $147,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Montecito Heights
Nearby schools
GreatSchools rating
- 6/10Glen Alta Elementary SchoolGrades: K-8Distance: 0.2 mi
- 6/10Abraham Lincoln Senior High SchoolGrades: 9-12Distance: 0.8 mi
- 6/10Woodrow Wilson Senior High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Middle: El Sereno
- High: Abraham Lincoln
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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