
El Sereno, California 90032
This 1937 University Hills Bungalow is a High-Potential Investment Opportunity, listed at $799,000—positioned well below the $765,290 Fair Market Value by -4%. Featuring fully paid-off solar, a 300+ sqft basement workshop, and newly refinished hardwood floors, this home maintains a Condition Rating of 3. The property offers a unique blend of vintage character and modern efficiency, including a pergola patio and low-maintenance landscaping. This is an ideal acquisition for Owner-Occupants seeking sustainable living or first-time buyers looking for a move-in ready home with expansion potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2304 Warwick Avenue Subject | $799,000* List Price | 2 | 1 | 1,012 | $756 | - |
A 5245 Coney Road Sold | $975,000 | 3 | 2 | 1,060 | $920 | 0.2 mi |
B 5437 Norwich Avenue Sold | $829,000 | 2 | 1 | 1,206 | $687 | 0.8 mi |
C 4938 O Sullivan Sold | $750,000 | 3 | 2 | 1,082 | $693 | 0.7 mi |
D 4828 Zella Place Sold | $750,000 | 3 | 1 | 1,056 | $710 | 0.8 mi |
E 2417 Richelieu Avenue Sold | $750,000 | 3 | 1 | 947 | $792 | 1.0 mi |
F 2334 Highbury Active | $795,000 List Price | 3 | 2 | 1,030 | $772 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1937 but exceptionally well-maintained and move-in ready. Features recent updates including newly refinished hardwood floors, updated kitchen with farmhouse sink and butcher block counters, and modern systems like paid-off solar, keyless entry, and programmable lighting. While the bathroom retains period tile, the overall condition and system upgrades exceed the 'Fair' threshold.
The property features fully paid-off solar panels and an automatic robot lawn mower, offering the rare benefit of near-zero electricity costs and low-maintenance yard care.
This 1937 bungalow blends vintage charm like coved ceilings and original period tile with modern essentials, including newly refinished hardwood floors and smart home security features.
With a 300+ square foot basement workshop and a detached garage accompanied by engineering drawings, there is significant potential for creative use, storage, or future expansion.
At just 1,012 square feet with a 2-bedroom, 1-bathroom configuration, the interior living space may be restrictive for larger households or those requiring a dedicated home office.
As a 1937 build, the property may require ongoing maintenance or updates to aging systems such as plumbing and electrical that are common in homes of this era.
Owned by only two families, and located in El Sereno's desirable University Hills area, this 1937 bungalow has fully paid off SOLAR and an automatic robot lawn mower! Imagine your monthly electricity bill being $0!! There are so many reasons to love this home. Its personality is reflected in coved ceilings, original period tile in the bath, stylish light fixtures, and character throughout. Beautiful newly refinished hardwood floors offer warmth and welcoming vibes. Patio level basement workshop offers 300+ additional square feet! The pergola patio with fire pit is perfect for alfresco dining and entertaining. Programmable lighting offers seasonal styling and excitement for all occasions. Alarm system and keyless entry are installed for your convenience and security. Green thumbs take note of the low water, low maintenance landscaping, and generous space in the vegetable garden and a beautiful grapefruit tree. Need I go on?? Find ample storage space in lockable Tuff shed, garage and basement. The detached one and half car garage offers use-of-space flexibility. Engineering drawings for the garage space will be transferred to the new owner. Plenty of driveway parking, and close proximity to local businesses and transportation make life convenient. This could be your new home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,012 | - |
| Lot Size | 5,000 | - |
| Price | $799.0K | $863.9K |
| Price per sq ft | $790 | $722 |
| Built year | 1937 | 0 |
| HOA | $0 | $0 |
| Days on market | 26 | 97 |
Jun 26, 2026
$799,000
Initial Listing
Jun 18, 2014
$410,000
Public Record