
Los Angeles, California 90023
This Versatile Residential Asset is a Strong Value Opportunity, listed at $625,000, which aligns perfectly with its $625,000 Fair Market Value following a strategic price reduction. While the home holds a Fair Condition Rating, it features significant New Plumbing and Electrical Systems and original Hardwood Floors. The property’s standout feature is the Converted Garage Studio with a private kitchen and bath, offering immediate rental income or multi-generational potential. Boasting a City Lights View and proximity to Downtown Los Angeles, this is an ideal acquisition for House-Hackers or First-Time Buyers.
Property is moderate renovation needed.
Built in 1948, the property benefits from recent major system upgrades including new plumbing and electrical, which is a significant positive. However, the main kitchen and bathroom, while functional, feature dated styles with older cabinets, tile countertops, and fixtures, suggesting aesthetic renovations were done 15-30 years ago rather than recently. The living area has hardwood floors and good natural light but relies on a window AC unit. The converted studio space is basic. The home is well-maintained and livable, but the outdated aesthetics in key areas prevent it from scoring higher, aligning with the 'fair' criteria of being aged but maintained with functional yet outdated components.
The property boasts recent upgrades with new plumbing and electrical systems throughout, ensuring modern convenience and reducing immediate maintenance concerns for future owners.
The garage has been thoughtfully converted into a versatile studio space complete with its own kitchen and bathroom, offering excellent potential for guests, a home office, or rental income (ADU potential).
Perfectly situated just minutes away from downtown Los Angeles and various shopping centers, providing convenient access to urban amenities and entertainment.
With a main residence of only 679 sqft, the living space is relatively small, which might be a limiting factor for buyers seeking more expansive accommodations.
The property features only 2 bedrooms and 1 bathroom, which may not cater to the needs of larger households or those requiring additional private spaces.
While plumbing and electrical are new, the home was built in 1948, meaning other components of the original structure (e.g., roof, foundation, insulation) may still be older and could require future attention or upgrades.
***$20K PRICE REDUCTION***Introducing a beautifully updated 2-bedroom, 1-bath home nestled in the vibrant community. This charming residence features stunning hardwood floors and an abundance of natural light, creating a warm and inviting atmosphere. This property boasts recent upgrades, with new plumbing and electrical systems throughout, ensuring peace of mind and modern convenience for its future owners. The garage has been thoughtfully converted into a versatile studio space, complete with its own kitchen and bathroom, making it an ideal setting for guests, a home office, or a creative sanctuary. Perfectly situated, this home is within walking distance to local schools and parks, offering easy access to outdoor recreation. Additionally, it is just minutes away from downtown Los Angeles and various shopping centers, providing an ideal blend of urban living and neighborhood charm. Don't miss the opportunity to make this delightful home your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 28% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 679 | 1,117 | 11% |
| Lot Size | 4,802 | 4,976.5 | 28% |
| Price | $625.0K | $595.0K | 61% |
| Price per sq ft | $920 | $541 | 94% |
| Built year | 1948 | 1918 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 169 | 175 | 50% |
Dec 5, 2025
$625,000
$645,000
-3% Price Drop
Initial Listing
Nov 4, 2025
$645,000
Initial Listing
Jan 31, 2022
$550,000
Public Record
Aug 31, 2016
$350,000
Public Record
Mar 19, 2014
$155,000
Public Record
Jan 27, 2011
$150,000
Public Record
Oct 1, 2002
$135,000
Public Record