
Los Angeles, California 90032
This Single-Family Residence represents a Prime Investment Opportunity, listed at $920,000—positioned well below the $947,377 Fair Market Value by 2%. This valuation gap offers $27,377 in Instant Equity. Featuring a Condition Rating of 3, the home includes a finished basement and an unpermitted ADU, providing significant versatility. Located near Cal State LA with City Lights views, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, high-potential asset in a connected neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2012 Barnett Subject | $869,500* List Price | 3 | 2 | 1,500 | $580 | - |
A 2945 Budau Avenue Sold | $987,000 | 3 | 2 | 1,352 | $730 | 0.9 mi |
B 2916 Vaquero Sold | $995,000 | 3 | 2 | 1,342 | $741 | 0.9 mi |
C 4938 O Sullivan Sold | $750,000 | 3 | 2 | 1,082 | $693 | 0.2 mi |
D 2477 Richelieu Avenue Sold | $745,000 | 3 | 1 | 1,297 | $574 | 0.9 mi |
E 4632 Abner Sold | $1,130,000 | 3 | 2 | 1,760 | $642 | 0.7 mi |
F 4549 Jade St. Sold | $880,000 | 3 | 1 | 1,218 | $722 | 0.8 mi |
G 1823 Jones Avenue Sold | $901,000 | 3 | 2 | 1,450 | $621 | 0.9 mi |
H 2343 Bullard Avenue Sold | $680,000 | 3 | 2 | 1,080 | $630 | 0.5 mi |
I 1957 Barnett Active | $810,000 List Price | 4 | 2 | 1,431 | $566 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1952 but well-maintained with significant recent updates. Features include refinished original hardwood floors, new laminate flooring in bedrooms, and bathrooms that have been recently refreshed with new vanities and custom tile work. While the kitchen is functional and clean, it remains dated with older 4x4 tile countertops and cabinetry. The addition of a climate-controlled finished basement and a remodeled (unpermitted) ADU space indicates the property is move-in ready and functional.
The inclusion of a finished, climate-controlled basement and a converted garage studio provides exceptional flexibility for a home office, guest suite, or creative retreat.
The home seamlessly blends 1950s charm with modern updates, featuring refinished original wood floors, refreshed bathrooms with custom tile work, and new laminate flooring in the bedrooms.
Located in the desirable University Hills neighborhood, the property offers excellent proximity to Cal State LA, DTLA, Pasadena, and major freeways, making it a highly convenient hub.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1500, other record living area = 1130.
The garage is currently utilized as an unpermitted ADU studio, which may present challenges for appraisal, financing, or future compliance with local building codes.
The property has undergone multiple price reductions within its first 31 days on the market, suggesting initial overpricing and potential buyer hesitation regarding the current valuation.
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 | 1,500 | 1,664.159 |
| Lot Size | 5,210 | 6,066.556 |
| Price | $869.5K | $1.35M |
| Price per sq ft | $580 | $806 |
| Built year | 1952 | 1939 |
| HOA | $0 | $278 |
| Days on market | 72 | 55 |
Sep 7, 2026
$869,500
$885,900
-2% Price Drop
Initial Listing
Aug 25, 2026
$885,900
$899,900
-2% Price Drop
Initial Listing
Aug 13, 2026
$899,900
$909,900
-1% Price Drop
Initial Listing
Aug 6, 2026
$909,900
$920,000
-1% Price Drop
Initial Listing
Jul 30, 2026
$920,000
$949,000
-3% Price Drop
Initial Listing
Jul 21, 2026
$949,000
$979,900
-3% Price Drop
Initial Listing
Jun 29, 2026
$979,900
Initial Listing