
Los Angeles, California 90041
This Turnkey Residential Property represents a Prime Investment Opportunity, listed at $1,599,000—positioned well below the $1,645,797 Fair Market Value by 2%. This valuation gap offers $46,797 in Instant Equity. Featuring a Permitted Detached ADU and a Condition Rating of 2, the home offers modern infrastructure within a historic shell. Located near Top-Rated Schools like Delevan Drive Elementary, this property is an ideal acquisition for Owner-Occupants seeking rental income or Buy-and-Hold Investors prioritizing long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1547 N Avenue 46 Subject 4 bd · 4 ba · 1,615 sqft · $1,019 | $1,599,000* List Price | 4 | 4 | 1,615 | $1,019 | - |
A 2019 Addison Way Sold 3 bd · 2 ba · 1,610 sqft · $1,090 · 0.7 mi | $1,755,000 | 3 | 2 | 1,610 | $1,090 | 0.7 mi |
B 2101 Yosemite Drive Sold 3 bd · 3 ba · 1,500 sqft · $953 · 0.7 mi | $1,430,000 | 3 | 3 | 1,500 | $953 | 0.7 mi |
C 2354 Laverna Avenue Sold 4 bd · 4 ba · 1,644 sqft · $1,064 · 0.7 mi | $1,750,000 | 4 | 4 | 1,644 | $1,064 | 0.7 mi |
D 1625 Silver Oak Terrace Sold 4 bd · 3 ba · 1,878 sqft · $972 · 0.9 mi | $1,825,001 | 4 | 3 | 1,878 | $972 | 0.9 mi |
E 1349 N Avenue 46 Sold 2 bd · 2 ba · 1,258 sqft · $978 · 0.4 mi | $1,230,000 | 2 | 2 | 1,258 | $978 | 0.4 mi |
F 2423 Ridgeview Avenue Active 4 bd · 3 ba · 1,802 sqft · $943 · 0.5 mi | $1,699,000 List Price | 4 | 3 | 1,802 | $943 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1900, the property has undergone a complete, high-end restoration within the last 5 years. All major systems are new, including HVAC, electrical, plumbing, sewer, roof, and a bolted foundation. The interior features mint-condition designer kitchens and bathrooms with modern finishes, and the permitted ADU provides additional turn-key living space.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1615.
Elementary School: Delevan Drive Elementary School (9/10).
The property features a stylish, permitted detached ADU with its own kitchen and bathroom, providing versatile options for rental income, a guest suite, or a private home office.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1615, other record living area = 1292. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
At 1,615 square feet for a total of four bedrooms and four bathrooms across two structures, the individual living spaces and bedrooms may feel compact.
Despite the premium price point in a hilly Los Angeles neighborhood, the property listing indicates no significant views, which may impact its competitive edge against nearby hillside homes.
Timeless Architectural Character Meets Sophisticated Modern Living! If you're searching for a home that blends distinctive architectural character with modern comfort, look no further. Rarely does a property of this caliber, with such thoughtful restoration and design, come to market.Ideally located within walking distance of Occidental College, this exceptional property combines historic charm, sophisticated interiors, and versatile living spaces. The two structures offer four bedrooms and four bathrooms, including a stylish, permitted detached ADU with its own kitchen and bathroom--ideal for guests, extended family, a private office, or potential rental income.The main residence showcases soaring vaulted ceilings, exposed wood beams, warm hardwood floors, curated built-ins, and an airy, open-concept layout. Original architectural details blend seamlessly with a refined, eclectic aesthetic. At the heart of the home, the kitchen pairs an exposed red-brick backsplash with custom cabinetry, creating a timeless balance of character and contemporary style.The primary bedroom offers a serene retreat with a dramatic 10-foot ceiling and custom wall moldings. Two additional bedrooms share a beautifully appointed bathroom featuring a skylight, distinctive tile work, and hand-painted walls. A striking jewel-box powder room completes the interiors with deep teal walls, elegant moldings, and a sculptural marble vessel sink.The detached ADU brings its own contemporary style, with polished concrete floors, sage-green cabinetry, and sleek countertops. Its independent living space offers exceptional flexibility for guests, family, a creative studio, a home office, or income-producing use.Extensive restoration and infrastructure upgrades include a bolted foundation, new insulation, roof and siding, updated plumbing and electrical, HVAC, a new sewer system, double-pane windows, two separate gas meters, EV charging station, and tankless water heaters--preserving the property's character while delivering modern functionality.A rare opportunity to own an architecturally distinctive, thoughtfully restored property with sophisticated design and adaptable living spaces in a sought-after location near Occidental College.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 1,615 | 1,670.836 |
| Lot Size | 7,500 | 6,152.156 |
| Price | $1.60M | $1.34M |
| Price per sq ft | $990 | $807 |
| Built year | 1900 | 1941 |
| HOA | $0 | $238 |
| Days on market | 28 | 56 |
Oct 12, 2026
$1,599,000
Initial Listing
Apr 29, 2025
$960,000
Public Record