
Los Angeles, California 90019
This Stunning Move-In Ready Home is a Prime Investment Opportunity, listed at $1,645,000—positioned well below the $1,711,303 Fair Market Value by 3%. This valuation gap offers $66,303 in Instant Equity. Featuring an Architectural Digest-featured kitchen, salt water pool, and detached bonus structure, the property maintains an Excellent Condition Rating with comprehensive system upgrades. Located in the sought-after Miracle Mile, this residence balances luxury lifestyle with financial stability, making it an ideal acquisition for discerning homeowners or owner-occupants seeking a turnkey, high-character property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1038 S Stanley Avenue Subject | $1,645,000* List Price | 3 | 2 | 1,836 | $932 | - |
A 1535 Carmona Ave Sold | $1,600,000 | 3 | 2 | 1,831 | $874 | 0.7 mi |
B 5154 W 12th Street Sold | $1,665,000 | 3 | 2 | 1,700 | $979 | 0.8 mi |
C 1174 Carmona Avenue Sold | $1,801,174 | 4 | 4 | 2,083 | $865 | 0.2 mi |
D 1159 S Sierra Bonita Avenue Sold | $1,850,000 | 4 | 3 | 2,165 | $855 | 0.1 mi |
E 1558 Hauser Sold | $1,156,000 | 3 | 2 | 1,577 | $733 | 0.7 mi |
F 1343 Carmona Avenue Sold | $1,499,000 | 3 | 3 | 1,363 | $1,100 | 0.4 mi |
G 1741 S Spaulding Avenue Sold | $1,400,000 | 3 | 3 | 1,451 | $965 | 1.0 mi |
H 1363 S Curson Avenue Active | $1,995,000 List Price | 3 | 4 | 1,977 | $1,009 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1924, the property has undergone a high-end renovation with a kitchen featured in Architectural Digest and a full suite of modern systems upgrades including HVAC, electrical, plumbing, and solar. The mint condition of the interior, updated windows, and luxury outdoor amenities indicate a recent, comprehensive overhaul requiring no maintenance.
The home seamlessly blends 1924 Spanish architectural integrity, featuring a Batchelder fireplace, with high-end modern aesthetics including a kitchen featured in Architectural Digest.
Rare for a vintage property, this home features extensive infrastructure improvements including solar panels, updated HVAC, plumbing, electrical, and replaced windows and doors.
The property offers a private oasis with a salt water pool and jacuzzi, plus a detached bonus structure that provides essential flexibility for a home office or creative studio.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1836, other record living area = 1484.
With a 5,501 square foot lot accommodating both a pool and a detached structure, the remaining outdoor green space is relatively constrained.
The 3-bedroom, 2-bathroom configuration may be a limitation for buyers or larger families seeking a more expansive primary suite or additional guest facilities.
Authentic Spanish charm and effortless California living converge in this beautifully updated Miracle Mile residence. Rich with character and original architectural details, this light-filled home features gracious living and dining spaces, hardwood floors, a Batchelder fireplace, and seamless access to private outdoor entertaining areas with salt water pool, jacuzzi and outdoor shower. Kitchen featured in Architectural Digest. Long list of systems upgrades including replaced windows and doors, plumbing, electrical, hvac, and solar. A detached bonus structure offers ideal flexibility for a home office, gym, or creative studio. Located on a picturesque tree-lined street moments from Hancock Park, LACMA, The Grove, and Beverly Hills, this is a rare opportunity to enjoy timeless architecture in one of Los Angeles' most sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,836 | 1,672 |
| Lot Size | 5,501 | 6,067 |
| Price | $1.65M | $1.37M |
| Price per sq ft | $896 | $801 |
| Built year | 1924 | 1939 |
| HOA | $0 | $348 |
| Days on market | 40 | 56 |
Jun 12, 2026
$1,645,000
Initial Listing
Jan 15, 2021
$1,325,000
Public Record
Apr 17, 2009
$675,000
Public Record