
Los Angeles, California 90027
This Turnkey Traditional Residence is a Strong Value Opportunity, listed at $1,399,000—positioned well below the $1,606,618 Fair Market Value by 12%. This valuation gap offers $207,618 in Instant Equity. With a Mint Condition Rating, the home features a remodeled kitchen, hardwood floors, and a sparkling pool. Located in the Franklin Avenue Elementary School district, this property balances lifestyle luxury with long-term appreciation potential. It is an ideal acquisition for Owner-Occupants seeking a move-in ready home or savvy investors prioritizing location and ADU potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2024 N Hoover Street Subject | $1,399,000* List Price | 2 | 2 | 1,185 | $1,356 | - |
A 2255 Talmadge Sold | $1,800,000 | 2 | 2 | 1,438 | $1,252 | 0.2 mi |
B 3711 Monon Street Sold | $1,795,000 | 3 | 2 | 1,417 | $1,267 | 0.6 mi |
C 3907 Franklin Avenue Sold | $1,335,000 | 2 | 2 | 1,300 | $1,027 | 0.5 mi |
D 3991 Prospect Avenue Sold | $1,810,000 | 3 | 3 | 1,469 | $1,232 | 0.5 mi |
E 4020 Clayton Avenue Active Under Contract | $1,678,000 List Price | 3 | 2 | 1,378 | $1,218 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1939, the property has undergone significant recent renovations including a newly remodeled full bathroom and a tastefully updated kitchen with modern stainless steel appliances and Zellige tile. The presence of recessed lighting and central HVAC vents indicates updated systems, and the overall condition is mint and move-in ready, meeting the <5-year renovation criteria.
Elementary School: Ivanhoe Elementary School (9/10).
Situated in the highly coveted Franklin Avenue Elementary School district, this property offers exceptional long-term value and appeal for families seeking access to one of the area's top-rated public schools.
The generous 6,752 sqft lot includes a sparkling pool and a detached two-car garage, providing a rare combination of private recreational space and the significant potential for an ADU conversion to increase property value.
At just 1,185 square feet, the interior living space is relatively compact, which may feel restrictive for buyers accustomed to larger floor plans at this price point.
The 2-bedroom, 1.5-bathroom configuration may limit the property's appeal to larger families or those requiring more than one full bath for convenience and privacy.
Nestled on an expansive lot in the heart of prime Los Feliz, this charming 1939 Traditional residence seamlessly blends timeless character with thoughtful modern updates. Featuring 2 bedrooms, 1.5 bathrooms, and a dedicated office, the home offers an ideal layout for both everyday living and working from home, with the added potential for an ADU. A beautifully landscaped, drought-tolerant front yard creates exceptional curb appeal, while inside, warm hardwood floors flow throughout the home. The inviting eat-in kitchen has been tastefully updated with stainless steel appliances, butcher block countertops and handcrafted Zellige tile backsplash from Zia Tile. The spacious living room is anchored by a decorative fireplace, and the formal dining room provides the perfect setting for entertaining.The newly remodeled full bathroom offers a separate tub and walk-in shower. Outdoors, the generous backyard is designed for California living, featuring a large patio ideal for al fresco dining and dinner parties overlooking the sparkling pool. A gated driveway and detached two-car garage provide ample parking and storage.Situated within the highly sought-after Franklin Avenue Elementary School district, this exceptional Los Feliz property combines classic charm, modern comforts, and outstanding future potential in one of the neighborhood's most desirable locations.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,185 | 1,672 |
| Lot Size | 6,752 | 6,067 |
| Price | $1.40M | $1.37M |
| Price per sq ft | $1.2K | $801 |
| Built year | 1939 | 1939 |
| HOA | $0 | $348 |
| Days on market | 9 | 56 |
Jul 13, 2026
$1,399,000
Initial Listing
May 7, 1997
$206,500
Public Record
Feb 13, 1995
$200,000
Public Record