1923 Preston Avenue, Los Angeles, California 90026, Los Angeles, 90026 - 3 bed, 3 bath

1923 Preston Avenue, Los Angeles, California 90026 home-pic-0

1923 Preston Avenue

Los Angeles, California 90026

ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,044Sq Ft
4,915Lot Size

Property Price

LIST PRICE$1,595,000
EST. MARKET VALUE
$1,549,307

SUMMARY

Analysis of 1923 Preston Avenue, Los Angeles, California 90026 reveals a Fairly Priced Property with a current list price of $1,595,000  aligned with the estimated $1,549,307 Fair Market Value. This represents a stable investment opportunity at market rate. 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

$1,549,307
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1923 Preston Avenue
Subject
$1,595,000*
List Price
332,044$758-
A
2222 Valentine
Sold
$1,650,000321,829$9020.4 mi
B
1649 N Bruce Court
Sold
$1,750,000442,362$7410.4 mi
C
2136 Echo Park Avenue
Sold
$1,500,000331,865$8040.3 mi
D
1631 Champlain Terrace
Sold
$1,340,000421,952$6860.3 mi
E
1639 N Bancroft Street
Sold
$1,350,000342,044$6600.3 mi
F
2201 Avon Street
Active
$1,549,000
List Price
421,982$7820.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This 1911 Craftsman home has undergone extensive and recent renovations, including a new roof (2023), updated furnace and water heater, and owned solar panels, indicating well-maintained major systems. The kitchen features modern quartz countertops, glass-tile backsplashes, and tile flooring, though the white appliances are not top-tier. The primary bathroom is spa-like with a modern dual-sink vanity, while the ADU bathroom is also updated. However, one of the main house's full bathrooms appears more dated with beige tiles, and the absence of central air conditioning in the main house prevents an 'Excellent' rating. Overall, the property is move-in ready with a blend of classic charm and modern comforts.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Elysian Heights Location

    Nestled in the quiet, verdant hills of Elysian Heights, offering proximity to Sunset Blvd, Echo Park Ave, local amenities, and easy access to Elysian Park trails.

  • Renovated Craftsman Charm

    A harmonious blend of original 1911 Craftsman aesthetics with modern upgrades, including an updated kitchen, hardwood floors, high ceilings, and a luxurious primary suite.

  • Income-Generating / Flexible ADU

    A detached, renovated guest house/ADU with a kitchenette and ¾ bath provides significant flexibility for rental income, a creative studio, or extended family living.

CONSRISKS & DEFICIENCIES

  • Unpermitted ADU Status

    The detached guest house/ADU is explicitly noted as 'no permit,' which presents potential legal and financial challenges for the buyer regarding compliance or legalization.

  • Absence of Central Air Conditioning

    While the ADU has an HVAC wall unit, the main house description does not mention central air conditioning, which could be a significant comfort concern and potential upgrade cost in Los Angeles's climate.

  • Historic Property Maintenance

    As a 1911-built home, despite upgrades, it may require ongoing specialized maintenance and attention to preserve its historic character and address potential age-related issues not covered by recent renovations.

About 1923 Preston Avenue

Tucked into the quiet, verdant hills of Elysian Heights just moments from Sunset Blvd. and Echo Park Ave, this rare offering expresses timeless soul with modern comfort. This 3 bed+loft / 2.75 baths with 2,044 sqft blends beautiful original Craftsman aesthetics with upgraded features. Highlights include owned solar panels, hardwood floors & high ceilings throughout. Set back behind a white picket fence offering added privacy and an unobstructed streetscape (no street-parking on this side). A lush front yard anchors the home with a striking Seco palm as its focal point. Step through the front door to a luminous, airy enclosed front porch, perfect for relaxing. A wide, naturally lit living room creates an inviting space with original hardwood floors. Columns frame the archway leading to the dining room where wooden French doors peer out to flagstone deck - creating indoor/outdoor flow. The open, updated kitchen brings together quartz surfaces, glass-tile backsplashes, tile flooring & a walk-in pantry. On the main floor you’ll find a well-scaled bedroom with access to a full hall bath. Upstairs, a large landing space makes for a wonderful home office/study. The primary suite boasts cathedral ceilings, a gas fireplace, bay windows with shutters, a walk-in closet & spa-like en-suite bath with dual sink vanity & dual shower-heads. The charming third bedroom offers picturesque views, especially at sunset, out to Downtown LA & the surrounding hills. Outdoors, the home delivers a trifecta of spaces including a flagstone terrace spanning the width of the home, a pergola-shaded deck with hot tub & a lower-level paved patio & succulent garden, ringed with mature fruit trees. The detached, intentionally renovated guest house / ADU (no permit) features high ceilings, wood-accent walls, kitchenette, ¾ bath, HVAC wall unit & lofted sleeping area (fits queen). As a creative retreat, rental unit or ancillary studio, it adds remarkable flexibility & value. The basement offers vast storage space & dedicated laundry area, Culligan water softener & updated furnace & water heater. Additional features include a newer roof as of 2023, all interior closets lined with cedar wood & laundry hookups on the main floor of the home. Wonderfully situated in a friendly residential neighborhood in close proximity to local favorites including Canyon Coffee, Bacetti, Valerie & Cookbook Market. Plus easy access to the trails of Elysian Park, Dodger Stadium & Echo Park Lake.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1911
Lot Size
4,915 Sq. Ft.

Interior

Total Bedrooms
3
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

Elysian Heights Elementary School

Grades K-6 • 0.2 mi

3/10

Clifford Street Elementary School

Grades K-6 • 0.3 mi

8/10

Mayberry Street Elementary School

Grades K-6 • 0.7 mi

2/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.0
53%
Square foot2,0441,544.5
67%
Lot Size4,9155,060
38%
Price$1.59M$1.51M
58%
Price per sq ft$780$901
35%
Built year19111925
18%
HOA$0$0
50%
Days on market113164
17%

Pricing History

Listed for Sale

Nov 13, 2025

$1,595,000

Initial Listing

Sold

Aug 11, 2015

$889,000

Public Record

Sold

Apr 27, 2004

$665,000

Public Record

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