
Los Angeles, California 90062
This Versatile Residential Property is a Strong Value Opportunity, listed at $799,000—positioned well above the $732,643 Fair Market Value by 9%. While priced at a premium, the property offers exceptional utility through its Flexible Living Arrangements, including a main residence and a separate guest house. Featuring a Good Condition Rating with a Modernized Open Layout, this home is perfectly positioned for the 2028 Olympics. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a multi-generational living solution or rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1825 Middleton Place Subject 2 bd · 2 ba · 1,073 sqft · $683 | $799,000* List Price | 2 | 2 | 1,073 | $683 | - |
A 1619 W 39th Street Sold 3 bd · 2 ba · 1,237 sqft · $606 · 0.3 mi | $750,000 | 3 | 2 | 1,237 | $606 | 0.3 mi |
B 1739 W 41st Place Sold 3 bd · 1 ba · 1,195 sqft · $644 · 0.6 mi | $770,000 | 3 | 1 | 1,195 | $644 | 0.6 mi |
C 3821 S Hobart Boulevard Sold 2 bd · 2 ba · 794 sqft · $913 · 0.4 mi | $725,000 | 2 | 2 | 794 | $913 | 0.4 mi |
D 4414 S Van Ness Avenue Sold 2 bd · 1 ba · 1,294 sqft · $607 · 0.9 mi | $785,000 | 2 | 1 | 1,294 | $607 | 0.9 mi |
E 3960 Brighton Sold 3 bd · 2 ba · 1,199 sqft · $555 · 0.8 mi | $665,000 | 3 | 2 | 1,199 | $555 | 0.8 mi |
F 1758 W 41st Drive Sold 3 bd · 1 ba · 1,321 sqft · $681 · 0.5 mi | $900,000 | 3 | 1 | 1,321 | $681 | 0.5 mi |
G 1844 W 39th Place Sold 3 bd · 2 ba · 1,380 sqft · $585 · 0.2 mi | $807,500 | 3 | 2 | 1,380 | $585 | 0.2 mi |
H 1650 W 38th Place Pending 3 bd · 2 ba · 1,204 sqft · $623 · 0.2 mi | $749,900 List Price | 3 | 2 | 1,204 | $623 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready, featuring a renovated interior with modern laminate flooring, recessed lighting, and an updated open-concept kitchen with stone countertops. While the original structure dates to 1914, the finishes suggest a renovation within the 5-15 year range. The bonus guest house and outdoor laundry area are functional but show more age than the primary living spaces, placing it firmly in the 'Good' category.
The property features a unique layout including a main residence, a bonus primary suite, and a separate guest house with a kitchenette, offering exceptional versatility for multi-generational living or rental income potential.
Situated in the high-growth Exposition Park area near USC and the Expo Line, the home is perfectly positioned to benefit from the 2028 Olympic Games and significant local cultural investments.
The interior boasts a contemporary open-concept kitchen and living area enhanced by a skylight and breakfast bar, creating a bright and functional environment for modern lifestyles.
With only 1,073 square feet of living space, the main residence is relatively small, which may feel restrictive for buyers who prioritize large primary living quarters over bonus structures.
Originally built in 1914, the property's age suggests potential requirements for ongoing maintenance or updates to aging systems and structural components typical of century-old homes.
There's more than meets the eye in this inviting Exposition Park home. The 2-bedroom, 1-bathroom main residence is complemented by a spacious bonus primary suite with an en-suite bathroom and walk-in closet, plus a separate bonus guest house with a kitchenette and 3/4 bathroom. The result is a home with a surprising amount of space and flexibility. Inside, the open-concept kitchen, living room, and dining areas create a natural gathering place for everyday life and entertaining. The generously sized kitchen features a breakfast bar and skylight, while a large living room window and sliding glass doors off the dining area bring in plenty of natural light and open to the patio. The bonus primary suite offers a comfortable sense of privacy, while the separate guest house opens the door to all kinds of possibilities, from hosting overnight guests or extended family to creating a dedicated workspace or simply enjoying having extra room. Step outside to a peaceful street, a nicely sized backyard, and plenty of driveway and street parking. Beyond home, enjoy the best of Exposition Park just moments away, from the Expo Line and USC to the Lucas Museum of Narrative Art and the California Science Center, home to the new wing featuring the Space Shuttle Endeavour. With the 2028 Olympic Games coming to Los Angeles, this location puts you close to the energy, culture, and continued growth of one of the city's most exciting areas. A home with room to spread out, room to gather, and plenty to discover!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,073 | 1,670.836 |
| Lot Size | 5,161 | 6,152.156 |
| Price | $799.0K | $1.34M |
| Price per sq ft | $745 | $807 |
| Built year | 1914 | 1941 |
| HOA | $0 | $238 |
| Days on market | 34 | 56 |
Oct 6, 2026
$799,000
Initial Listing
Mar 28, 2017
$460,000
Public Record
Mar 18, 2011
$233,000
Public Record
Jul 3, 2006
$480,000
Public Record