1948 Monon St., Los Angeles, California 90027, Los Angeles, 90027 - 2 bed, 1 bath

1948 Monon St., Los Angeles, California 90027 home-pic-0

1948 Monon St.

Los Angeles, California 90027

ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
1Baths
1,402Sq Ft
6,825Lot Size

Property Price

LIST PRICE$999,000
EST. MARKET VALUE
$1,092,765
8% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$1,092,765 +$93,765 Equity Potential
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
1948 Monon St.
Subject
$999,000*
List Price
211,402$779-
A
2067 Mayview Drive
Sold
$1,050,000221,188$8840.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1941, this home is well-maintained but significantly outdated, featuring original-style wood cabinetry, tiled countertops in the kitchen, and vintage wood paneling. While it retains charming elements like hardwood flooring and a fireplace, the listing explicitly states it requires renovation and is sold 'as-is,' indicating that major systems and aesthetic finishes are near the end of their functional lifespan.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Ivanhoe Elementary School (9/10).

  • Prime Los Feliz Location

    Situated in one of Los Angeles' most sought-after neighborhoods, this property offers exceptional proximity to iconic landmarks like Griffith Park, the Greek Theatre, and a vibrant array of local dining and shopping.

  • Access to Top-Rated Schools

    The home is ideally positioned within a high-performing school district, providing access to prestigious institutions such as Ivanhoe Elementary and John Marshall Senior High.

CONSRISKS & DEFICIENCIES

  • Renovation Requirements

    The property is being sold in 'as-is' condition and requires minor renovations, which may necessitate immediate additional capital and effort from the buyer to bring it to modern standards.

  • Limited Bathroom Count

    With only one bathroom serving a 1,402-square-foot home, the current configuration may be a drawback for families or buyers looking for modern convenience and higher utility.

About 1948 Monon St.

This one-story single-family home sits in the desirable Los Feliz neighborhood of Los Angeles. The property features an irregular lot configuration with defined front, side, and backyard areas, offering multiple outdoor spaces for everyday use and privacy. A vibrant front yard creates a welcoming entry and leads to a lovely porch. The home also provides access to top-rated schools. Ideally located near schools, restaurants, shops, supermarkets, cinemas, and a golf course, the property also offers convenient access to several notable landmarks, including Dodger Stadium, Lincoln Park, Griffith Observatory, Griffith Park, and The Greek Theatre. The spacious living room features a fireplace, hardwood flooring, and plenty of windows that illuminate the interior with abundant natural light. The kitchen includes an eat-in area with a built-in curved banquette, wood cabinetry, tiled countertops, and tile flooring. The formal dining room features a chandelier and wood paneling, ideal for gatherings. The large side yard and backyard provide additional outdoor space suitable for a variety of uses, offering a comfortable setting for activities and leisure time. These areas are well suited for everyday enjoyment as well as future improvements and enhancements. The property requires minor renovation and is offered in its current as-is condition, offering an opportunity to revitalize the space and make it your own.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1941
Lot Size
6,825 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Los Angeles Unified Schools

Franklin Avenue Elementary School

Grades K-6 • 0.4 mi

8/10

Ivanhoe Elementary School

Grades K-5 • 0.7 mi

9/10

Los Feliz STEMM Magnet

Grades K-6 • 0.9 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.04.0
10%
Baths1.03.5
3%
Square foot1,4022,523
9%
Lot Size6,8257,312.5
43%
Price$999.0K$2.46M
3%
Price per sq ft$713$1.0K
10%
Built year19411935
63%
HOA$0$0
50%
Days on market48175
6%

Pricing History

Listed for Sale

Jan 17, 2026

$999,000

Initial Listing

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