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.
Property Details
Price:
$689,000
MLS #:
SR26088552
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
679montecitoheights
Listed Date:
Aug 17, 2026
Finished Sq Ft:
1,296
Lot Size:
10,957 sqft / 0.25 acres (approx)
Year Built:
1906
See this Listing
Schools
School District:
Los Angeles Unified
Elementary School:
Other
Middle School:
El Sereno
High School:
Abraham Lincoln
Interior
Bathrooms
2 Full Bathrooms
Cooling
See Remarks
Laundry Features
Laundry Room, See Remarks
Levels
Two
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Accessibility Features
See Remarks
Common Walls
No Common Walls
Community Features
Valley
Lot Features
Lot 10000-19999 Sqft
Parking Features
See Remarks
Stories
2
View
None
Financial
Map
Community
- Address4124 Mercury Avenue Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90031
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 21, 2026
6,184
Single Family Listed
87
Avg DOM
506
Avg $ / SqFt
$1,886,559
Avg List Price
Property Summary
- 4124 Mercury Avenue Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90031. It is listed for $689,000 and features 3 beds, 2 baths, and has approximately 1,296 square feet of living space, and was originally constructed in 1906. The current price per square foot is $532. The average price per square foot for Single Family listings in Los Angeles is $506. The average listing price for Single Family in Los Angeles is $1,886,559.
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