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

1923 Preston Avenue, Los Angeles, California 90026 home-pic-0
ACTIVE$1,595,000
1923 Preston Avenue, Los Angeles, California 90026
3Beds
3Baths
2,044Sqft
4,915Lot

Price Vs. Estimate

The estimated value ($1,601,052.685) is $6,052.685 (0%) lower than the list price ($1,595,000). This property may be overpriced.

Key pros and cons

Top Pros:
ADU / Income Potential: The detached, intentionally renovated guest house / ADU offers remarkable flexibility for rental income, creative space, or extended family, significantly enhancing the property's value and utility.
Top Cons:
Unpermitted ADU: The detached guest house is explicitly stated as having 'no permit,' which could lead to legal complications, limitations on its use, or require future permitting efforts and associated costs for compliance.

Compared to the nearby listings

Price:$1.59M vs avg $1.55M (+$40,000)52%
Size:2,044 sqft vs avg 1,621.5 sqft66%
Price/sqft:$780 vs avg $99127%

More Insights

Built in 1911 (114 years old).
Condition: Despite being built in 1911, this property has undergone extensive and recent renovations, including a new roof (2023), updated furnace and water heater, and owned solar panels. The kitchen features modern quartz countertops, glass-tile backsplashes, and tile flooring, though the white appliances are not top-tier modern. The primary bathroom boasts a stylish dual-sink vanity and skylight, while the shower area's tile work appears slightly dated but functional. Hardwood floors are well-maintained throughout the main house, and the detached ADU is also recently renovated. The property is move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria, despite the absence of central AC in the main house and the unpermitted status of the ADU.
Year Built
1911
Close
-
List price
$1.59M
Original List price
$1.59M
Price/Sqft
$780
HOA
-
Days on market
-
Sold On
-
MLS number
SR25250910
Home ConditionGood
Features
Good View: City Lights, Trees/Woods
Deck
Spa
Patio
ViewCity Lights,Trees/Woods

About this home

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.

Nearby schools

3/10
Elysian Heights Elementary School
Public,•K-6•0.2mi
8/10
Clifford Street Elementary School
Public,•K-6•0.3mi
2/10
Mayberry Street Elementary School
Public,•K-6•0.7mi
7/10
Dorris Place Elementary School
Public,•K-6•0.9mi
8/10
Allesandro Elementary School
Public,•K-6•1.0mi
5/10
Micheltorena Street Elementary School
Public,•K-5•1.3mi
7/10
Solano Avenue Elementary School
Public,•K-6•1.4mi
5/10
Rosemont Avenue Elementary School
Public,•K-5•1.4mi
4/10
Betty Plasencia Elementary School
Public,•K-6•1.5mi
/10
Lake Street Primary School
Public,•K-1•1.7mi
6/10
Castelar Street Elementary School
Public,•K-5•1.8mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•2.1mi
2/10
Logan Street Elementary School
Public,•K-8•0.7mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.7mi
3/10
Sal Castro Middle School
Public,•6-8•1.9mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.9mi
6/10
Irving STEAM Magnet
Public,•6-8•2.2mi
5/10
Virgil Middle School
Public,•6-8•2.4mi
3/10
Belmont Senior High School
Public,•9-12•1.9mi
8/10
John Marshall Senior High School
Public,•9-12•2.0mi

Price History

Date
Event
Price
08/11/15
Sold
$889,000
04/27/04
Sold
$665,000
Condition Rating
Good
Despite being built in 1911, this property has undergone extensive and recent renovations, including a new roof (2023), updated furnace and water heater, and owned solar panels. The kitchen features modern quartz countertops, glass-tile backsplashes, and tile flooring, though the white appliances are not top-tier modern. The primary bathroom boasts a stylish dual-sink vanity and skylight, while the shower area's tile work appears slightly dated but functional. Hardwood floors are well-maintained throughout the main house, and the detached ADU is also recently renovated. The property is move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria, despite the absence of central AC in the main house and the unpermitted status of the ADU.
Pros & Cons

Pros

ADU / Income Potential: The detached, intentionally renovated guest house / ADU offers remarkable flexibility for rental income, creative space, or extended family, significantly enhancing the property's value and utility.
Extensive Outdoor Living Spaces: The property boasts a 'trifecta' of outdoor areas, including a flagstone terrace, a pergola-shaded deck with a hot tub, and a lower-level paved patio with a succulent garden and mature fruit trees, ideal for entertaining and relaxation.
Modern Upgrades & Energy Efficiency: Key updates such as owned solar panels, a newer roof (2023), updated furnace and water heater, and a renovated kitchen with quartz surfaces provide modern comfort, reduce utility costs, and minimize immediate maintenance concerns.
Charming Craftsman Aesthetics & High-End Finishes: The home beautifully blends original Craftsman character with modern amenities, featuring hardwood floors, high ceilings, a spa-like primary suite with cathedral ceilings, and picturesque views of Downtown LA and surrounding hills.
Desirable Location & Neighborhood Amenities: Tucked into the quiet Elysian Heights hills, the property offers privacy while being moments away from vibrant Echo Park amenities, local favorites, and easy access to Elysian Park trails and Dodger Stadium.

Cons

Unpermitted ADU: The detached guest house is explicitly stated as having 'no permit,' which could lead to legal complications, limitations on its use, or require future permitting efforts and associated costs for compliance.
Lack of Central Air Conditioning: While the ADU has an HVAC wall unit, the main house description does not mention a central cooling system, which could be a significant drawback during Los Angeles's hot summer months.
Age of Main Structure (1911): Despite numerous updates, the core structure dating back to 1911 may still present potential for unforeseen maintenance or infrastructure issues (e.g., original plumbing or electrical not explicitly updated throughout) that could require future investment.

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