
Los Angeles, California 90016
This property presents a High-Potential Investment Opportunity with a List Price of $749,995—positioned well above the $665,419 Fair Market Value. While the property lacks instant equity, its Fair Condition Rating and Vaulted Attic offer significant Value-Add Potential for those looking to expand square footage. Located in a Prime Mid-City Location with Ample Off-Street Parking, this home provides a rare urban footprint. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a character-filled project in a trending neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2050 Claudina Avenue Subject | $775,000* List Price | 2 | 2 | 862 | $810 | - |
A 4214 W 29th Street Sold | $885,000 | 2 | 1 | 1,087 | $814 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1922 with renovations that appear to be 20+ years old. While the home is well-maintained and charming, the kitchen cabinetry and bathroom tiling are dated. The unfinished attic reveals older wiring and structural elements, indicating the property needs cosmetic updates and potential system modernizations.
The vaulted attic with high ceilings and easy access presents a significant opportunity for conversion into a studio or office, allowing buyers to increase the home's functional square footage.
Located in a trending pocket of Los Angeles, the property offers high walkability to popular local markets, coffee shops, and wellness studios, ensuring strong long-term desirability.
The rare inclusion of a long driveway provides parking for multiple vehicles, a premium feature in a dense urban neighborhood where street parking is often challenging.
At just 862 square feet, the living space is quite compact for a two-bedroom home, which may feel restrictive for buyers accustomed to more expansive layouts.
The 2,307 square foot lot is relatively small for the area, which may limit significant outdoor expansions or the feasibility of adding a large detached accessory dwelling unit (ADU).
Built in 1922, this 2-bedroom, 2-bath home is the kind of cute, character-filled space that's hard to find: 862 square feet laid out so smart that not one inch feels wasted, with over a century of warmth and detail built in. Light pours through every room, and the home feels like itself from the moment you walk in: comfortable, a little nostalgic, and genuinely charming, with a lime tree out front that's perfect for fresh-squeezed margaritas.The vaulted attic is currently a fantastic storage space, but it's also full of potential: with its high ceilings and easy access, it's an easy candidate for conversion into a studio, office, or whatever your imagination calls for.Out back, a generous backyard is just waiting for its next chapter. And for anyone who's ever circled the block looking for parking, the long driveway is a rare find, offering off-street parking for multiple vehicles.The location adds even more to love. This stretch of Mid-City is having a moment: fresh coffee shops with serious buzz, the beloved Pickford Market and Maydan Market for everyday essentials, and a growing strip of restaurants and galleries that have made this one of the city's most-watched neighborhoods. A yoga studio and a pilates studio are both close by for anyone who wants wellness built into daily life.This is a home for someone who wants character, community, and culture, all close to home.Buyers may also want to ask about City National Bank's Welcome Home Grant Program, which offers down payment assistance of $10,000 to $20,000 for qualifying buyers in Los Angeles County.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 862 | 1,664.159 |
| Lot Size | 2,307 | 6,066.556 |
| Price | $775.0K | $1.35M |
| Price per sq ft | $899 | $806 |
| Built year | 1922 | 1939 |
| HOA | $0 | $278 |
| Days on market | 47 | 55 |
Aug 27, 2026
$775,000
$749,995
+3% Price Increase
Initial Listing
Jul 24, 2026
$749,995
Initial Listing
Jan 10, 2020
$572,000
Public Record
Dec 2, 2003
$235,000
Public Record