
Los Angeles, California 90034
This Spanish-style Single Family Residence is a Strong Value Opportunity, listed at $1,599,000—positioned well below the $1,618,827 Fair Market Value by 1.2%. This valuation gap offers $19,827 in Instant Equity. Featuring a Condition Rating of 3, the home includes a spacious deck and LARD1.5 zoning for future expansion. While school ratings are modest, the property’s rare six-car parking and restored character provide significant long-term utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with development upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2008 S Bedford Street Subject 3 bd · 2 ba · 1,878 sqft · $862 | $1,599,000* List Price | 3 | 2 | 1,878 | $862 | - |
A 2431 S Holt Sold 3 bd · 2 ba · 1,616 sqft · $888 · 0.3 mi | $1,435,000 | 3 | 2 | 1,616 | $888 | 0.3 mi |
B 8951 Olin Street Sold 3 bd · 2 ba · 1,494 sqft · $1,032 · 0.4 mi | $1,541,128 | 3 | 2 | 1,494 | $1,032 | 0.4 mi |
C 8932 Olin Street Sold 4 bd · 2 ba · 1,620 sqft · $932 · 0.4 mi | $1,510,000 | 4 | 2 | 1,620 | $932 | 0.4 mi |
D 1945 Livonia Avenue Sold 2 bd · 2 ba · 1,869 sqft · $910 · 0.3 mi | $1,700,000 | 2 | 2 | 1,869 | $910 | 0.3 mi |
E 8946 Olin Street Sold 3 bd · 2 ba · 1,509 sqft · $853 · 0.5 mi | $1,287,000 | 3 | 2 | 1,509 | $853 | 0.5 mi |
F 2843 S Holt Avenue Sold 3 bd · 3 ba · 1,885 sqft · $804 · 0.5 mi | $1,515,000 | 3 | 3 | 1,885 | $804 | 0.5 mi |
G 8617 Olin Street Sold 3 bd · 2 ba · 1,221 sqft · $983 · 0.5 mi | $1,200,000 | 3 | 2 | 1,221 | $983 | 0.5 mi |
H 5835 Ernest Avenue Sold 3 bd · 1 ba · 1,127 sqft · $1,020 · 0.8 mi | $1,150,000 | 3 | 1 | 1,127 | $1,020 | 0.8 mi |
I 1901 S Point View Street Active 3 bd · 3 ba · 1,850 sqft · $1,081 · 0.6 mi | $2,000,000 List Price | 3 | 3 | 1,850 | $1,081 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1929 Spanish-style home is described as 'beautifully restored' and features modern updates including a wet bar with a wine fridge and updated flooring. While the home maintains its original character, the visual evidence of the kitchen and interior finishes suggests a high-quality renovation likely performed within the 5-15 year range. It is well-maintained and move-in ready.
The LARD1.5 zoning on a 6,301 sqft lot provides significant long-term value, offering the potential for future expansion or multi-unit development in a neighborhood that is steadily appreciating.
The property features rear parking for up to six cars, a rare and highly valuable amenity for a single-family residence in this part of Los Angeles.
This 1929 Spanish-style home offers a perfect blend of restored period details, such as arched entryways and coved ceilings, with modern upgrades like a wet bar and wine fridge.
The assigned elementary and middle schools carry a rating of 4/10, which may be a consideration for families prioritizing high-performing public school districts.
Given the home's 1929 construction, buyers should be prepared for the potential maintenance and infrastructure updates typically associated with nearly century-old properties.
This beautifully restored Spanish-style home offers a great mix of character and comfort, set in a neighborhood that's steadily on the rise. You'll notice the classic details right away: arched entryways, coved ceilings, and original touches, paired with thoughtful updates that make the home feel easy and livable.It's also a great space for entertaining, with a wet bar, wine fridge, and a spacious deck surrounded by mature fruit trees, perfect for outdoor dinners or just unwinding at the end of the day. The gated front yard, lined with hedges, adds a nice sense of privacy, and the rear parking can accommodate up to six cars, which is a rare bonus.The location makes everyday life convenient, with quick access to Beverly Hills, the Expo Line, and major freeways. And with LARD1.5 zoning, there's potential for future development or expansion, which could add long-term value.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 4.7 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,878 | 1,670.836 |
| Lot Size | 6,301 | 6,152.156 |
| Price | $1.60M | $1.34M |
| Price per sq ft | $851 | $807 |
| Built year | 1929 | 1941 |
| HOA | $0 | $238 |
| Days on market | 15 | 56 |
Oct 25, 2026
$1,599,000
Initial Listing
Apr 2, 2021
$1,360,000
Public Record
Feb 4, 2015
$815,000
Public Record
May 29, 2009
$440,000
Public Record
Aug 23, 2002
$390,000
Public Record
Dec 20, 1996
$9,000
Public Record