2251 Cambridge Street, Los Angeles, California 90006, Los Angeles, 90006 - 4 bed, 3 bath
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2251 Cambridge Street
Los Angeles, California 90006
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,420Sq Ft
6,009Lot Size
Property Price
LIST PRICE$1,290,000
EST. MARKET VALUE
$1,409,200
8% BelowMARKET VALUE
SUMMARY
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $1,290,000—positioned well below the $1,409,200 Fair Market Value by 8%. This valuation gap provides $119,200 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a fully renovated kitchen and modern baths, the property offers immediate comfort. The large 6,009 sq. ft. lot provides significant ADU Development Potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready asset with long-term appreciation upside.
Estimated Market Value
$1,409,200+$119,200 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2251 Cambridge Street Subject | $1,290,000* List Price | 4 | 3 | 2,420 | $582 | - |
A 1810 S Hobart Boulevard Sold | $1,400,000 | 4 | 3 | 2,416 | $579 | 0.3 mi |
B 1720 S Kingsley Sold | $1,200,000 | 3 | 3 | 1,834 | $654 | 0.3 mi |
C 1800 S Oxford Active | $1,398,888 List Price | 4 | 3 | 2,071 | $675 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1912, the property has undergone a comprehensive modern renovation within the last 5 years. It features a fully updated kitchen, contemporary bathrooms with double vanities, and well-maintained hardwood flooring, presenting in mint, move-in condition.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Development Potential
The generous 6,009 sq. ft. lot features a large backyard with significant potential for a detached ADU, offering opportunities for rental income, a home office, or a private guest suite.
- Modernized Historic Charm
Built in 1912 and located in the Harvard Heights HPOZ, the home seamlessly blends classic Los Angeles character with a fully renovated kitchen and updated interior finishes across 2,420 sq. ft. of living space.
- Prime Central Location
Situated near Koreatown with convenient access to USC and Downtown LA, the property offers a highly accessible urban lifestyle near major dining, shopping, and transportation hubs.
CONSRISKS & DEFICIENCIES
- HPOZ Regulatory Constraints
Being within a Historic Preservation Overlay Zone means owners must adhere to strict guidelines for exterior alterations, which can complicate and increase the cost of future renovations.
- Underperforming Local Schools
The majority of the assigned public schools for this address have low performance ratings (3 or below), which may be a deterrent for families prioritizing high-ranking educational facilities.
About 2251 Cambridge Street
MAJOR PRICE IMPROVEMENT — NOW $1,290,000! Priced to sell, this beautifully updated 4-bedroom, 3-bath single-family home offers approximately 2,420 sq. ft. of living space on a generous 6,009 sq. ft. lot near Koreatown. Step inside to a bright, spacious living area, an open and flexible floor plan, and a modern renovated kitchen with ample counter and storage space. The large backyard offers excellent ADU potential for a detached guest suite, private living space, home office, or possible future rental income. Located in the historic Harvard Heights HPOZ, the property combines classic Los Angeles character with modern interior comfort and convenient access to Koreatown, USC, Downtown LA, shopping, dining, and major transportation routes. The seller has made a substantial price adjustment and is ready to sell. Easy to show—schedule your private tour today and submit your offer! Buyer to independently verify all property information, permits, zoning, HPOZ requirements, and ADU feasibility.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1912
- Lot Size
- 6,009 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Los Angeles Elementary School
Grades K-5 • 0.3 mi
3/10
Hobart Boulevard Elementary School
Grades K-5 • 0.6 mi
3/10
Twenty-Fourth Street Elementary School
Grades K-5 • 0.7 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,420 | 1,664.159 |
| Lot Size | 6,009 | 6,066.556 |
| Price | $1.29M | $1.35M |
| Price per sq ft | $533 | $806 |
| Built year | 1912 | 1939 |
| HOA | $0 | $278 |
| Days on market | 63 | 55 |
Pricing History
Listed for Sale
Jul 8, 2026
$1,290,000
Initial Listing
Sold
Jan 31, 2022
$1,405,000
Public Record
Sold
Jun 7, 2011
$405,004
Public Record
Sold
Jun 30, 2008
$505,000
Public Record