1301 Stone Street, Los Angeles, California 90063, Los Angeles, 90063 - 3 bed, 3 bath
1301 Stone Street
Los Angeles, California 90063
Property Price
SUMMARY
Analysis of 1301 Stone Street, Los Angeles, California 90063 reveals a Prime Investment Opportunity with a current list price of $849,000—significantly undercutting the $883,375 Fair Market Value by 3%. This valuation gap indicates a +$34,375 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1301 Stone Street Subject | $849,000* List Price | 3 | 3 | 1,369 | $645 | - |
A 1226 Stone Street Sold | $894,000 | 2 | 2 | 1,484 | $602 | 0.1 mi |
B 1151 Miller Avenue Sold | $817,000 | 3 | 2 | 1,367 | $598 | 0.9 mi |
C 1152 Miller Avenue Sold | $815,000 | 3 | 2 | 1,102 | $740 | 0.9 mi |
D 1004 Geraghty Avenue Sold | $690,000 | 3 | 2 | 935 | $738 | 0.7 mi |
E 1248 N Bonnie Beach Active | $1,090,000 List Price | 3 | 3 | 1,451 | $751 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1948, the property has undergone extensive recent renovations and is presented in turnkey condition. It features a fully modernized kitchen with contemporary cabinetry and stainless steel appliances, updated bathrooms, and high-end system upgrades including solar panels, a heat pump HVAC system, updated electrical, and foundation improvements. The interior seamlessly blends original hardwood character with modern recessed lighting and finishes, showing no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Panoramic Views
The property boasts rare 180-degree unobstructed views of the Downtown LA skyline, the Hollywood Sign, and the San Gabriel Mountains, significantly increasing its market appeal.
- Modern Infrastructure Upgrades
The home is equipped with high-value improvements including solar panels, a heat pump system, updated electrical, and foundation reinforcements, offering long-term sustainability and reduced maintenance costs.
- Versatile Bonus Space
A finished garage featuring utilities and an additional bathroom provides flexible square footage suitable for a professional home office, creative studio, or guest space.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Ratio
The main 1,369 sq ft living space contains only one full and one half-bath for three bedrooms, which may be a constraint for growing families or multi-resident households.
- Local School Performance
Several of the closest elementary and middle schools have lower performance ratings, which could be a drawback for buyers prioritizing high-ranking educational districts.
About 1301 Stone Street
Perched atop the hills of Boyle Heights/City Terrace, this exceptional home showcases sweeping 180° views from the Downtown LA skyline and Hollywood Sign to the San Gabriel and Verdugo Mountains, with snow-capped peaks in winter. Unobstructed views greet you upon arrival and continue from the expansive deck—complete with a fire feature, barbecue area, under-deck bonus space, and terraced garden potential—creating an unforgettable setting for everyday living and entertaining. Mature peach, avocado, and walnut trees add charm and homegrown abundance. Inside, the 1,369 sq ft turnkey home blends original character with modern comfort. Original hardwood floors in bedrooms and classic fixtures pair beautifully with recessed lighting, central heat and air, ceiling fans, and abundant natural light. The open layout offers three spacious bedrooms, one full bath, and one half bath. The finished garage with utilities and an additional bathroom is currently used as an office, offering flexible potential as a studio, gym, or live/work space. Major upgrades include updated electrical, solar panels, a heat pump system, and foundation improvements. Just minutes from Downtown LA, USC, major freeways, the Arts District’s vibrant dining and coffee scene, and beloved Boyle Heights eateries, this hilltop retreat offers panoramic views, functional space, and a true sense of community.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 5,552 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Harrison Street Elementary School
Grades K-6 • 0.3 mi
Evergreen Avenue Elementary School
Grades K-6 • 0.3 mi
Murchison Street Elementary School
Grades K-6 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 86% |
| Square foot | 1,369 | 1,133 | 69% |
| Lot Size | 5,552 | 4,716.5 | 64% |
| Price | $849.0K | $699.5K | 83% |
| Price per sq ft | $620 | $611 | 52% |
| Built year | 1948 | 1926 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 175 | 5% |
Pricing History
Listed for Sale
Feb 26, 2026
$849,000
Initial Listing
Sold
May 14, 2021
$802,000
Public Record
Sold
Nov 1, 2012
$275,000
Public Record
Sold
Sep 7, 2012
$195,000
Public Record
Sold
Mar 7, 2005
$295,000
Public Record
Sold
Nov 21, 2003
$193,000
Public Record