1923 Mayview Drive, Los Angeles, California 90027, Los Angeles, 90027 - 3 bed, 2 bath
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1923 Mayview Drive
Los Angeles, California 90027
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,300Sq Ft
3,312Lot Size
Property Price
LIST PRICE$1,250,000
EST. MARKET VALUE
$1,408,252
11% BelowMARKET VALUE
SUMMARY
This Single Family Residence is a Prime Investment Opportunity, listed at $1,250,000—positioned well below the $1,284,941 Fair Market Value by 2%. This valuation gap offers $34,941 in Instant Equity. Featuring a Good Condition Rating, the home offers 180-degree panoramic views, a private deck, and original wood floors. Located in the prestigious Franklin Avenue Elementary School District, this property balances architectural character with modern HVAC upgrades. It is an ideal acquisition for Owner-Occupants seeking a lifestyle sanctuary or first-time buyers prioritizing location.
Estimated Market Value
$1,408,252+$158,252 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1923 Mayview Drive Subject 3 bd · 2 ba · 1,300 sqft · $1,083 | $1,250,000* List Price | 3 | 2 | 1,300 | $1,083 | - |
A 3950 De Longpre Avenue Sold 2 bd · 1 ba · 1,119 sqft · $1,206 · 0.1 mi | $1,350,000 | 2 | 1 | 1,119 | $1,206 | 0.1 mi |
B 3931 Prospect Avenue Active Under Contract 3 bd · 2 ba · 1,481 sqft · $1,077 · 0.4 mi | $1,595,000 List Price | 3 | 2 | 1,481 | $1,077 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1923, the property is well-maintained and move-in ready. It features a modernized custom-tiled bathroom, newer kitchen appliances, and updated systems including central HVAC. The presence of original wood floors and tile countertops suggests a renovation age within the 5-15 year range, placing it firmly in the 'Good' category.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Ivanhoe Elementary School (9/10).
- Prime Location & School District
Situated in the highly coveted Franklin Hills neighborhood and within the prestigious Franklin Avenue Elementary School District, this property offers exceptional long-term value and appeal for families.
- Exceptional Views & Privacy
The home provides a secluded sanctuary feel with 180-degree panoramic views of city lights, canyons, and hills, enhanced by its elevated position privately perched above the street.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1300, other record living area = 1112. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
- Accessibility Constraints
The requirement to ascend a private stairwell to reach the residence may be a significant drawback for buyers with mobility issues or those seeking easy, level entry.
- Limited Parking & Living Space
A single-car garage and a modest 1,300 square foot interior may feel restrictive for modern buyers who require extensive storage or larger living areas for the price point.
About 1923 Mayview Drive
Ascend to the top of a private stairwell to be met by a quiet sanctuary perched privately above the street in prime Franklin Hills with 180-degree views. Once inside, a large tiled entry opens to a convenient study alcove and an abundance of fenestration that infuses the space with natural light from every angle. Dressed with original wood floors, a formal dining area leads to an upstairs bedroom and upper level sitting/TV area (which could act as a 3rd bedroom). The kitchen features natural wood cabinets, newer appliances, and tile countertops + a garden window overlooking the lush landscape. A spacious downstairs living room + additional bedroom with view & custom tiled bath complete the interior, whilst various outdoor patios, tiered gardens & an elevated deck are perfect for entertaining & soaking in the views. A single-car garage & central HVAC add convenience to this rare offering located on a street-to-street lot, moments from an eclectic mix of shops & restaurants. LOCATED IN FRANKLIN AVENUE ELEMENTARY SCHOOL DISTRICT
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 3,312 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
Los Angeles Unified Schools
Micheltorena Street Elementary School
Grades K-5 • 0.6 mi
5/10
Lexington Avenue Primary Center
Grades K-2 • 0.7 mi
0/10
Franklin Avenue Elementary School
Grades K-6 • 0.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,300 | 1,670.836 |
| Lot Size | 3,312 | 6,152.156 |
| Price | $1.25M | $1.34M |
| Price per sq ft | $962 | $807 |
| Built year | 1923 | 1941 |
| HOA | $0 | $238 |
| Days on market | 38 | 56 |
Pricing History
Listed for Sale
Oct 2, 2026
$1,250,000
Initial Listing
Sold
Feb 27, 2014
$720,007
Public Record
Sold
Sep 13, 2006
$700,000
Public Record
Sold
Jan 6, 2004
$548,000
Public Record
Sold
Jul 9, 1998
$205,000
Public Record