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2251 Cambridge, Los Angeles, California 90006, Los Angeles, 90006 - 4 bed, 3 bath

2251 Cambridge, Los Angeles, California 90006 home-pic-0
ACTIVE$1,490,000$2,420/sqft
Est. Value: $1,402,844
-5%
AboveEstimate
2251 Cambridge, Los Angeles, California 90006
4Beds
3Baths
2,420Sqft
6,009Lot

Price Vs. Estimate

The estimated value ($1,402,844.22) is $87,155.78 (5%) lower than the list price ($1,490,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Koreatown Location: Situated in the heart of Koreatown, a vibrant and high-demand neighborhood, offering excellent proximity to restaurants, shops, cultural hotspots, and major freeways, appealing to both owner-users and investors.
Top Cons:
Age of Property Structure: Built in 1912, despite updates, the underlying structure is over a century old, which may lead to potential unforeseen maintenance issues or require updates to older infrastructure not explicitly mentioned as renovated.

Compared to the nearby listings

Price:$1.49M vs avg $887.5K (+$602,500)88%
Size:2,420 sqft vs avg 2,232 sqft50%
Price/sqft:$616 vs avg $46463%

More Insights

Built in 1912 (114 years old).
Condition: Despite being built in 1912, the property has undergone extensive and tasteful renovations, making it move-in ready. The kitchen features modern stainless steel appliances, contemporary cabinetry, and under-cabinet lighting, though the mosaic backsplash style might be a bit dated for some. Bathrooms are updated with modern fixtures, including a large tiled shower with a glass enclosure and a jetted tub, although some vessel sinks suggest the renovation might be 5-15 years old rather than brand new. Hardwood floors are prevalent and in good condition throughout the living areas and bedrooms. The overall condition is well-maintained with functional systems, including visible outdoor AC units, indicating a comfortable living environment without immediate renovation needs.
Year Built
1912
Close
-
List price
$1.49M
Original List price
$1.49M
Price/Sqft
$616
HOA
-
Days on market
-
Sold On
-
MLS number
DW25268696
Home ConditionGood
Features
Good View: None
Patio
View-

About this home

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!

T
Tiffany Lee
Listing Agent

Nearby schools

3/10
Los Angeles Elementary School
Public,•K-5•0.3mi
3/10
Hobart Boulevard Elementary School
Public,•K-5•0.6mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•0.7mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•0.7mi
/10
Mariposa-Nabi Primary Center
Public,•K-2•0.8mi
3/10
Wilton Place Elementary School
Public,•K-5•1.0mi
5/10
Pio Pico Middle School
Public,•6-8•0.6mi
3/10
Berendo Middle School
Public,•6-8•0.9mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.1mi
4/10
West Adams Preparatory High School
Public,•9-12•1.1mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•1.2mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•1.2mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•1.2mi
4/10
Los Angeles Senior High School
Public,•9-12•1.7mi

Price History

Date
Event
Price
01/31/22
Sold
$1,405,000
06/07/11
Sold
$405,004
06/30/08
Sold
$505,000
Condition Rating
Good
Despite being built in 1912, the property has undergone extensive and tasteful renovations, making it move-in ready. The kitchen features modern stainless steel appliances, contemporary cabinetry, and under-cabinet lighting, though the mosaic backsplash style might be a bit dated for some. Bathrooms are updated with modern fixtures, including a large tiled shower with a glass enclosure and a jetted tub, although some vessel sinks suggest the renovation might be 5-15 years old rather than brand new. Hardwood floors are prevalent and in good condition throughout the living areas and bedrooms. The overall condition is well-maintained with functional systems, including visible outdoor AC units, indicating a comfortable living environment without immediate renovation needs.
Pros & Cons

Pros

Prime Koreatown Location: Situated in the heart of Koreatown, a vibrant and high-demand neighborhood, offering excellent proximity to restaurants, shops, cultural hotspots, and major freeways, appealing to both owner-users and investors.
Significant ADU & Investment Potential: The generously sized 6,009 sq. ft. backyard provides excellent potential for an Accessory Dwelling Unit (ADU), perfect for additional rental income, a guest suite, or multi-generational living, enhancing long-term upside.
Updated & Move-in Ready Condition: The residence is beautifully updated and described as 'move-in-ready,' featuring an inviting open-concept floor plan and bright, spacious living areas, minimizing immediate renovation needs for a new owner.
Modern Renovated Kitchen: The home boasts a modern renovated kitchen, a key feature for contemporary living and entertaining, adding significant value and appeal.
Spacious Living & Lot Size: Offering 2,420 sq. ft. of living space on a well-sized 6,009 sq. ft. lot, the property provides ample room for comfort, entertaining, and outdoor activities, a rare find in this dense urban area.

Cons

Age of Property Structure: Built in 1912, despite updates, the underlying structure is over a century old, which may lead to potential unforeseen maintenance issues or require updates to older infrastructure not explicitly mentioned as renovated.
Lack of Mentioned Cooling System: The property description highlights renovations but does not specify the presence of a cooling system (e.g., central air conditioning), which could be a significant comfort concern during Los Angeles' hotter months.
Potential for Urban Noise and Traffic: Its location in the 'heart of Koreatown,' a vibrant and dense urban area, implies a higher likelihood of ambient noise and traffic congestion, which might not appeal to buyers seeking a quieter residential environment.
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