1842 Phillips Way Los Angeles, CA 90042
Highland Park NeighborhoodEstimated payment $7,996/month
Highlights
- Detached Guest House
- Garage Apartment
- 0.55 Acre Lot
- Art Studio
- City Lights View
- Deck
About This Home
Rare opportunity to own an oversized Highland Park property with exceptional potential on approximately half an acre of land. Perched on top of a hill and set on a quiet street, this property in prime "North-of-York" Highland Park has a park-like lot which totals over 23K SF. Situated in one of Northeast LA's most sought-after neighborhoods, offers a unique combination of privacy, usable outdoor space, multiple structures, and future flexibility rarely found in the area. The property includes a main residence plus additional guest house, property records says duplex, creating immediate possibilities for multi-generational living, rental income, creative workspace, or compound-style use. The expansive lot provides an incredible setting for gardens, entertaining, expansion, or redevelopment opportunities. Surrounded by the character, culture, and energy that have made Highland Park one of Los Angeles' premier neighborhoods, this property offers a rare chance to secure a large landholding with both present utility and long-term upside. Properties of this size and versatility rarely come to market. Blocks away from all the restaurants and shops York has to offer. Main House is 2/1 CA bungalow with front porch overlooking large front yard and views to Griffith Park. Guest House is attached to garage w Open Loft, full kitchen and bath and wrap around deck overlooking private park like setting with views of Highland Park.
Home Details
Home Type
- Single Family
Year Built
- Built in 1937
Lot Details
- 23,940 Sq Ft Lot
- West Facing Home
- Fenced Yard
- Irregular Lot
- Front Yard Sprinklers
- Hillside Location
- Value in Land
- Property is zoned LAR1
Parking
- 1 Car Garage
- Garage Apartment
- Shared Driveway
- On-Street Parking
Property Views
- City Lights
- Trees
- Canyon
- Hills
Home Design
- Bungalow
Interior Spaces
- 1,469 Sq Ft Home
- Multi-Level Property
- High Ceiling
- Ceiling Fan
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Loft
- Art Studio
- Wood Flooring
- Partial Basement
Kitchen
- Breakfast Area or Nook
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 2 Bedrooms
- Studio bedroom
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Stacked Washer and Dryer Hookup
Outdoor Features
- Deck
- Wood Patio
- Rain Gutters
- Front Porch
Utilities
- Air Conditioning
- Window Unit Cooling System
- Forced Air Heating System
- Floor Furnace
- Gravity Heating System
- Water Heater
Additional Features
- Detached Guest House
- City Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5479-016-022
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,850 | $548,789 | $442,166 | $106,623 |
| 2024 | $6,764 | $538,030 | $433,497 | $104,533 |
| 2023 | $6,636 | $527,482 | $424,998 | $102,484 |
| 2022 | $6,333 | $517,140 | $416,665 | $100,475 |
| 2021 | $6,252 | $507,001 | $408,496 | $98,505 |
| 2020 | $6,311 | $501,803 | $404,308 | $97,495 |
| 2019 | $6,065 | $491,965 | $396,381 | $95,584 |
| 2018 | $6,019 | $482,319 | $388,609 | $93,710 |
| 2016 | $5,750 | $463,592 | $373,520 | $90,072 |
| 2015 | $5,668 | $456,630 | $367,910 | $88,720 |
| 2014 | $5,704 | $447,687 | $360,704 | $86,983 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/06/2026 07/06/26 | Price Changed | $1,399,000 | -3.5% | $952 / Sq Ft |
| 06/24/2026 06/24/26 | Price Changed | $1,449,000 | -8.0% | $986 / Sq Ft |
| 06/19/2026 06/19/26 | Price Changed | $1,575,000 | -0.3% | $1,072 / Sq Ft |
| 05/28/2026 05/28/26 | For Sale | $1,579,000 | -- | $1,075 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $386,000 | Equity Title | |
| Grant Deed | $295,000 | Southland Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $269,000 | Unknown | |
| Closed | $100,000 | Credit Line Revolving | |
| Closed | $308,608 | Purchase Money Mortgage | |
| Closed | $236,000 | No Value Available |
Source: The MLS
MLS Number: 26838681
APN: 5479-016-022
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Ask me questions while you tour the home.