1823 Jones Avenue, Los Angeles, California 90032, Los Angeles, 90032 - 3 bed, 2 bath
1823 Jones Avenue
Los Angeles, California 90032
Property Price
SUMMARY
Analysis of 1823 Jones Avenue, Los Angeles, California 90032 reveals a Prime Investment Opportunity with a current list price of $799,000—significantly undercutting the $835,682 Fair Market Value by 4%. This valuation gap indicates a +$36,682 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 1823 Jones Avenue Subject | $799,000* List Price | 3 | 2 | 1,450 | $576 | - |
A 1860 N Rowan Sold | $868,000 | 3 | 2 | 1,315 | $660 | 0.1 mi |
B 1866 N Ditman Avenue Sold | $825,000 | 3 | 2 | 1,362 | $606 | 0.1 mi |
C 4812 Seldner Avenue Sold | $885,000 | 3 | 2 | 1,368 | $647 | 0.6 mi |
D 2130 Brawley Street 2132 Sold | $725,000 | 4 | 2 | 1,404 | $516 | 0.7 mi |
E 2361 Belleglade Sold | $775,000 | 4 | 2 | 1,720 | $451 | 0.9 mi |
F 1969 Heidleman Road Active | $785,000 List Price | 4 | 2 | 1,442 | $544 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained, featuring updated bathrooms and a 400 sqft finished garage that adds significant value. While the galley kitchen has older maple cabinetry and tile countertops, the home exhibits pride of ownership with polished hardwood floors, clean interior finishes, and a functional layout. It meets the 'good' criteria as a well-kept residence where major systems appear functional and no immediate renovations are required for occupancy.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated in the desirable Hillside Village of El Sereno, the property offers exceptional proximity to Downtown LA, USC Hospital, and major freeways, making it a prime spot for commuters.
- Versatile Bonus Space
Beyond the 1,450 square feet of living area, the 400 square foot finished garage provides significant added value and flexibility for a home office, gym, or potential ADU conversion.
- Exceptional Parking and Lot Utility
Occupying a corner lot with two separate driveways, this property offers rare and ample parking capacity alongside a private backyard oasis featuring mature fruit trees and a covered patio.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Vintage Infrastructure
Dating back to 1940, the home may possess aging systems or structural elements typical of the era that could require more intensive maintenance compared to newer constructions.
- Restrictive Kitchen Layout
The galley-style kitchen configuration, while functional, may feel narrow and lacks the open-concept flow often prioritized by modern buyers for entertaining.
About 1823 Jones Avenue
QUITE POSSIBLY THE CUTEST HOUSE THIS SIDE OF THE MISSISSIPPI!! This 3 bedroom 2 bath home is located in the highly desirable Hillside Village Neighborhood of El Sereno. This charmer offers warmth, character, and comfort with plenty of room to make it your own. Featuring three spacious bedrooms and two bathrooms, this home is ready for you to move in. At 1450 square feet with a large living room, family room and 400 sqft finished garage there's plenty of space for you to spread out. The galley kitchen features maple cabinetry and a large pantry with an additional freezer. The laundry room is conveniently located off the kitchen. The two large bathrooms have been updated. Experience California outdoor living in this backyard oasis. Enjoy dining al fresco on the covered patio or among the fruit trees in the backyard. This corner house features two driveways for plenty of parking. This is a wonderful opportunity to own a home in one of LA's best neighborhoods. Hillside Village is a charming pocket of Los Angeles known for its peaceful streets, pride of ownership, and strong sense of community. You'll be just minutes from Downtown LA, Cal State LA, USC Hospital and the 5 & 710 freeways, making commuting and exploring the city a breeze. The neighborhood offers a suburban feel with city convenience, along with nearby parks, shops, and local dining options.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 6,176 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,450 | 1,236 | 69% |
| Lot Size | 6,176 | 5,386 | 63% |
| Price | $799.0K | $850.0K | 44% |
| Price per sq ft | $551 | $667 | 30% |
| Built year | 1940 | 1940 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 176 | 2% |
Pricing History
Listed for Sale
Feb 16, 2026
$799,000
Initial Listing
Sold
Mar 16, 2005
$402,500
Public Record