1340 Carroll Avenue, Los Angeles, California 90026, Los Angeles, 90026 - 4 bed, 3 bath
1340 Carroll Avenue
Los Angeles, California 90026
Property Price
SUMMARY
Analysis of 1340 Carroll Avenue, Los Angeles, California 90026 reveals a Fairly Priced Property with a current list price of $2,500,000 aligned with the estimated $2,491,305 Fair Market Value. This represents a stable investment opportunity at market rate. 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 |
|---|---|---|---|---|---|---|
★ 1340 Carroll Avenue Subject | $2,500,000* List Price | 4 | 3 | 3,168 | $786 | - |
A 1046 W Edgeware Road Sold | $2,410,000 | 4 | 4 | 2,917 | $826 | 0.2 mi |
B 932 W Kensington Road Sold | $2,075,000 | 4 | 3 | 2,392 | $867 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has just completed a comprehensive $1M+ restoration that modernized all major systems, including a new roof, zoned HVAC, plumbing, electrical, and foundation upgrades. The interior features a high-end kitchen with modern appliances, updated bathrooms including a primary en-suite with a claw-foot tub and separate shower, and meticulously refinished original hardwood floors and woodwork, meeting the highest standards of move-in readiness and quality.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive $1M+ Restoration
The property has undergone a meticulous two-year restoration that seamlessly blends 1907 architectural details with modern essentials, including a new roof, zoned HVAC, and foundation upgrades.
- Iconic Historic Location
Situated in the prestigious Angelino Heights HPOZ on the 1300 block of Carroll Avenue, this home offers rare prestige and proximity to Los Angeles' most famous Victorian landmarks.
- Exceptional Views and Lot Size
The oversized 10,109 sqft lot provides a serene backyard and sweeping panoramic views of the Downtown Los Angeles skyline, a rare find in this historic neighborhood.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10109, other record lot size in square feet = 6739. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Low-Rated Local Schools
Several assigned public schools, including the primary elementary and high schools, carry low performance ratings, which may be a concern for families prioritizing education.
- Strict Preservation Guidelines
Location within a National Register Historic District and HPOZ subjects the owner to rigorous oversight and limitations regarding any future exterior alterations or renovations.
About 1340 Carroll Avenue
Having just completed a nearly 2-year, $1M+ restoration, The Thomas House is preserved, repaired, refinished, and modernized with all the amenities for today's discerning buyer. Built in 1907 by a wealthy plumber, The Thomas House is one of only two early transitional Craftsman homes on the block. Subdued but stately, with simpler lines, an elegant front porch, and spacious rooms, The Thomas House provides a contrast to its ornate Victorian neighbors. Situated on an oversized lot, this tranquil but solid residence has been meticulously restored, preserving its original ornamental woodwork, pocket doors, tiled decorative fireplaces, hardware, windows, and hardwood floors. All of the bedrooms are on the second floor. The primary suite has an adjoining sitting room, walk-in closet, and en-suite bath with a claw-foot tub and separate shower. System upgrades include a new roof, a zoned HVAC system, modern appliances, and plumbing, electrical, and foundation upgrades. Each sunlit room has captivating views: from the front, the famous Thriller and Charmed Houses, and from the rear, sweeping views of the Downtown skyline. Enjoy the sunset from one of the two back porches or in the large and serene back yard. Let your imagination and creativity soar in the enormous attic and full basement. The property is located in the 1300 Block of Carroll Avenue National Register Historic District in the Angelino Heights HPOZ, which has the highest concentration of Victorian homes in all of Los Angeles. This is your opportunity to become the next steward of one of Los Angeles' cherished historic gems.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1907
- Lot Size
- 10,109 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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
Betty Plasencia Elementary School
Grades K-6 • 0.2 mi
Gratts Learning Academy For Young Scholars (Glays)
Grades K-6 • 0.9 mi
Rosemont Avenue Elementary School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 3,168 | 1,544.5 | 92% |
| Lot Size | 10,109 | 5,198.5 | 92% |
| Price | $2.50M | $1.51M | 95% |
| Price per sq ft | $789 | $901 | 35% |
| Built year | 1907 | 1925 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 164 | 2% |
Pricing History
Listed for Sale
Feb 26, 2026
$2,500,000
Initial Listing
Sold
Dec 23, 2022
$1,125,000
Public Record