
Los Angeles, California 90006
This Updated 1912 Craftsman-style residence is listed at $1,490,000, reflecting its premium position in Koreatown compared to the $1,203,939 Fair Market Value. Boasting a Condition Rating of 3, the home is move-in ready with a modern renovated kitchen, hardwood floors, and a private patio. The 6,009 sq. ft. lot offers significant upside for an Accessory Dwelling Unit (ADU), perfect for multi-generational living. Proximity to Carson-Gore Academy and Pio Pico Middle School provides strong educational options. This property balances lifestyle with expansion potential, making it a perfect match for a growing family or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2251 Cambridge Subject | $1,490,000* List Price | 4 | 3 | 2,420 | $497 | - |
A 2982 W 15th Street Active | $1,270,000 List Price | 4 | 5 | 2,500 | $508 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1912, this property has undergone extensive and modern renovations, making it move-in ready. The kitchen features modern stainless steel appliances, contemporary light wood cabinetry, dark countertops, and a mosaic tile backsplash, all in good condition. Bathrooms are also updated with modern fixtures, tiling, and vanities, including a jetted tub and glass-enclosed showers. Hardwood floors are prevalent throughout, and the overall aesthetic is clean and well-maintained. While some design elements (like the kitchen backsplash or vessel sinks) suggest the renovations might be closer to 5-15 years old rather than brand new, all major systems and components appear functional and in good working order, requiring no immediate updates. AC units are visible in the backyard, indicating a cooling system is present.
The property offers excellent potential for an Accessory Dwelling Unit (ADU) and is highlighted as a strong investment opportunity for rental income, guest suites, or multi-generational living.
Situated in the heart of Koreatown, a vibrant and high-demand neighborhood, providing strong year-round demand for rentals and convenient access to amenities and major freeways.
The home is beautifully updated with a modern renovated kitchen and an open-concept floor plan, making it move-in ready for immediate occupancy.
Built in 1912, the property's age, despite updates, may suggest potential for older infrastructure or unforeseen maintenance requirements.
The property description does not specify the presence of a cooling system, which could be a significant consideration in the Los Angeles climate.
The property explicitly states 'view: None,' indicating a lack of scenic or panoramic views that could otherwise enhance its appeal and value.
A RARE OPPORTUNITY WITH GREAT ADU & INVESTMENT POTENTIAL! Welcome to 2251 Cambridge Street, a beautifully updated 4-bedroom, 3-bath home offering 2,420 sq. ft. of living space on a well-sized 6,009 sq. ft. lot — providing flexibility and long-term upside rarely found in this area. This move-in-ready residence features an inviting open-concept floor plan, a modern renovated kitchen, and bright, spacious living areas ideal for both everyday comfort and entertaining. One of the property’s strongest advantages is its generously sized backyard, offering excellent potential for a future ADU—perfect for additional rental income, a guest suite, or multi-generational living. Combined with its prime location, this home is an excellent opportunity for both owner-users and investors. Perfectly situated in the heart of Koreatown, one of Los Angeles’ most vibrant and high-demand neighborhoods, this property offers exceptional investment appeal. The central location makes it ideal for Airbnb, short-term stays, or long-term rentals, with strong year-round demand thanks to its proximity to restaurants, shops, cultural hotspots, and major freeways. Whether you're seeking a comfortable family home with expansion potential or looking to maximize rental income, this property offers versatile possibilities. Schedule your private tour today — homes with this level of investment potential in Koreatown don’t come often!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,420 | 2,364 | 50% |
| Lot Size | 6,009 | 6,004 | 50% |
| Price | $1.49M | $805.0K | 83% |
| Price per sq ft | $616 | $393 | 83% |
| Built year | 1912 | 1904 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 112 | 188 | 33% |
Dec 31, 2025
$1,490,000
Initial Listing
Jan 31, 2022
$1,405,000
Public Record
Jun 7, 2011
$405,004
Public Record
Jun 30, 2008
$505,000
Public Record