
Los Angeles, California 90032
This Versatile Single-Family Residence represents a Strong Value Opportunity, listed at $979,900—positioned well above the $892,337 Fair Market Value by 9%. While priced at a premium, the property offers significant utility through its finished basement and unpermitted ADU studio, providing exceptional flexibility for multi-generational living or rental income. Featuring a Condition Rating of 3, the home includes refinished hardwood floors and remodeled bathrooms. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey home with income-generating potential in University Hills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2012 Barnett Subject | $949,000* List Price | 3 | 2 | 1,130 | $795 | - |
A 4938 O Sullivan Sold | $750,000 | 3 | 2 | 1,082 | $693 | 0.2 mi |
B 4614 Abner Sold | $930,000 | 3 | 2 | 1,215 | $765 | 0.7 mi |
C 5245 Coney Road Sold | $975,000 | 3 | 2 | 1,060 | $920 | 0.4 mi |
D 2106 Mcpherson Sold | $957,000 | 3 | 2 | 1,288 | $743 | 0.5 mi |
E 4918 Seldner Avenue Sold | $991,023 | 2 | 2 | 1,209 | $820 | 0.3 mi |
F 4828 Zella Place Sold | $750,000 | 3 | 1 | 1,056 | $710 | 0.4 mi |
G 4549 Jade St. Sold | $880,000 | 3 | 1 | 1,218 | $722 | 0.8 mi |
H 1920 Del Paso Sold | $810,000 | 2 | 2 | 948 | $854 | 0.7 mi |
I 5013 O Sullivan Active | $849,950 List Price | 3 | 2 | 970 | $876 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1952, the home has undergone significant recent renovations including fully remodeled bathrooms with modern subway tile and new vanities, refinished original hardwood floors, and new laminate in bedrooms. The kitchen is well-maintained and functional, and the addition of a finished basement and refreshed living spaces makes it move-in ready.
The property features a finished, climate-controlled basement and a garage converted into a studio, offering exceptional flexibility for a home office, guest suite, or creative retreat.
Situated in the desirable University Hills neighborhood of El Sereno, the home offers excellent proximity to Cal State LA, DTLA, and major freeways, making it ideal for commuters.
The residence beautifully blends 1950s charm with modern updates, including refinished original wood floors, refreshed bathrooms with custom tile work, and a bright, functional kitchen.
The garage is currently utilized as an unpermitted ADU studio, which may present challenges regarding building code compliance, appraisal valuations, or future financing.
With 1,130 square feet of permitted living space distributed across three bedrooms, the primary interior rooms may feel somewhat constrained for buyers prioritizing spacious common areas.
Tucked into the sought-after University Hills neighborhood of El Sereno, this inviting single-level residence blends timeless character, modern comfort, and exceptional versatility in one beautifully livable home. From the moment you enter, refinished original wood floors and a sun-filled picture window create a warm, graceful first impression. The living room offers an effortless sense of comfort and connection, flowing naturally into the dining area, where sliding glass doors open to a covered patio and invite the best of Southern California indoor-outdoor living. The bright kitchen is designed with both charm and function in mind, featuring crisp white cabinetry, classic white tile, a newer white stove, abundant storage, and a cozy breakfast bar for two. Just beyond, the laundry room and breakfast nook provide everyday convenience with direct access to the backyard. A tiled hallway leads to a beautifully refreshed bathroom appointed with white tile floors, a tiled walk-in shower with custom glass doors, a separate bathtub, and a new vanity. The bedrooms offer comfort, flexibility, and privacy, including an oversized bedroom with new laminate flooring and a serene primary suite with new laminate floors, a generous closet, two light-filled windows, and an en-suite bath featuring new white tile, a new vanity, and a tiled walk-in shower with a custom glass enclosure. The third bedroom is ideal as a child’s room, guest retreat, or inspiring home office. Downstairs, the finished basement expands the possibilities even further, offering a comfortable, climate-controlled space for a guest suite, creative studio, family room, game room, office, or private retreat. Outside, the covered patio and low-maintenance backyard set the stage for relaxed evenings, weekend gatherings, and effortless entertaining. Adding even more flexibility, the two-car garage is currently being used as an unpermitted ADU studio complete with a kitchen area, newly remodeled bathroom, large closet, and generous space for living, dining, sleeping, and media needs. With two large driveway parking spaces, street parking available on Barnett Road, and a prime location near Cal State LA, major freeways, schools, shopping, DTLA, Alhambra, Pasadena, Dodger Stadium, and more, this rare single-story home offers a compelling blend of comfort, convenience, and opportunity in one of Northeast Los Angeles’ most connected neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,130 | 1,672 |
| Lot Size | 5,210 | 6,067 |
| Price | $949.0K | $1.37M |
| Price per sq ft | $840 | $801 |
| Built year | 1952 | 1939 |
| HOA | $0 | $348 |
| Days on market | 23 | 56 |
Jul 21, 2026
$949,000
$979,900
-3% Price Drop
Initial Listing
Jun 29, 2026
$979,900
Initial Listing