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542 N Commonwealth Ave, Los Angeles, CA, 90004

3beds
3baths
2,847sqft
$1,560,000
$548price/sqft
$10,144/moest. monthly cost
$405,760/yrincome needed

About This Home

Set behind a gated entry, this recently built stand-alone home offers a rare mix of privacy, quality, and convenience at the Silver Lake/Virgil Village border. Designed for both comfort and function, the layout includes three bedrooms, two and a half baths, a dedicated office, and a sunlit terrace. The main floor flows naturally from the open living and dining areas into a contemporary kitchen, with laundry, a half bath, and direct access to a two-car garage adding everyday ease. Thoughtful design choices, quality finishes, and abundant natural light create a bright, timeless atmosphere throughout. Enjoy outdoor space for morning coffee or evening gatherings, plus the lock-and-leave peace of mind that makes homeownership effortless. With excellent value per square foot and a location near some of LA’s best cafes, shops, and neighborhood favorites, this residence offers the perfect balance of lifestyle and long-term investment.

Getting Around

87
WalkingVery Walkable
64
TransitGood Transit
54
BikeBikeable

Schools

Construction

Condition

  • Year built: 2019

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Laundry Room

Bedroom

  • Features: All Bedrooms Up

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1

Features

  • All Bedrooms Up
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,847 sqft

Property

Details

  • Parcel number: 5539028036
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Front Door
  • Pool features: None
  • Has view: Yes
  • View description: City Lights

Lot

  • Lot size: 7,503 sqft
  • Features: Yard

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,888$94,656
Home Insurance *$368$4,416
Property Taxes $1,278$15,336
Electricity $610$7,326
Total$10,144$121,728
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$347,794/yr
40% on housing$304,320/yr
45% on housing$270,506/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$548This listing

vs Other Active Listings

Avg $/sqft

ZIP 90004$614
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90004$875
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-06Price change$1,560,000
2026-05-27Listed for sale$1,675,000
2023-12-04Sold$1,685,000
2023-11-13Contingent$1,700,000
2023-07-31Listed for sale$1,700,000
2023-06-21Listing removed--
2023-05-18Listed for sale$1,700,000

For Sale by Agent

AgentYA CHUN LIN
BrokerageRE/MAX Premier Properties

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