2274 Cove Avenue, Los Angeles, California 90039, Los Angeles, 90039 - 2 bed, 2 bath
2274 Cove Avenue
Los Angeles, California 90039
Property Price
SUMMARY
Analysis of 2274 Cove Avenue, Los Angeles, California 90039 reveals a property with a current list price of $1,195,000, which is 7% above the estimated $1,114,952 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2274 Cove Avenue Subject | $1,195,000* List Price | 2 | 2 | 1,348 | $827 | - |
A 2400 Glendale Court Pending | $1,199,000 List Price | 3 | 3 | 1,858 | $645 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1927, this bungalow has undergone an extensive recent renovation within the last 5 years, featuring a modern open floor plan, high-end kitchen with stainless appliances and a wine fridge, and a spa-like bathroom with a skylight. The inclusion of updated systems like central AC/heat, an EV charger, and a fully finished lower-level studio indicates that all components meet current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Lower-Level Studio
The property features a beautifully finished lower-level studio with a kitchenette and full bath, offering a flexible space for a creative office, guest suite, or potential rental income.
- Prime Silver Lake Location
Situated in a highly desirable pocket of Silver Lake, the home is moments away from the Reservoir, Whole Foods, and trendy dining destinations like Botanica and Silver Lake Wine.
- Modernized Character & Amenities
This 1927 bungalow has been thoughtfully updated with modern essentials including central AC/heat, an EV charger, and a stylish kitchen with high-end stainless appliances.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1348, other record living area = 860. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1875, living area = 1348.
- Compact Lot Size
At just 1,875 square feet, the lot is relatively small for a single-family residence, which limits traditional backyard space and future expansion possibilities.
About 2274 Cove Avenue
In Silver Lake, this updated bungalow presents stylish indoor-outdoor living with a private garden oasis and spacious work studio. Designed with crisp modern lines, elevated details, and abundant storage, the open floor plan is filled with natural light. Glass sliders connect the generous living space to a sunken patio finished with geometric tile and wrapped by grape vines, olives, and pomegranate trees. The kitchen features stainless appliances, a wine fridge, built-in banquette for morning coffee, and a breakfast island overlooking hillside views. Two bedrooms include a large primary opening to the patio; the spa-like bath has a skylight. The lower-level studio is beautifully rendered with beamed ceilings, wood floors, kitchenette, and full bath, perfect for creative workspace or guests. Amenities include central AC/heat, EV charger, and a carport with electric gate. You're moments from Whole Foods, Botanica, Silver Lake Wine, and more, with a short hop to the Silver Lake Reservoir and Dog Park.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 1,875 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 27% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,348 | 1,672 | 34% |
| Lot Size | 1,875 | 5,404 | 3% |
| Price | $1.20M | $1.58M | 22% |
| Price per sq ft | $886 | $1.1K | 32% |
| Built year | 1927 | 1929 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 163 | 2% |
Pricing History
Listed for Sale
Feb 23, 2026
$1,195,000
Initial Listing
Sold
Nov 3, 2023
$1,385,000
Public Record
Sold
Sep 8, 2015
$730,000
Public Record
Sold
Feb 14, 2003
$247,000
Public Record