
Los Angeles, California 90018
This Two-Story Residential Asset represents a High-Potential Investment Opportunity, listed at $1,190,000—positioned above the $1,005,928 Fair Market Value. While the property requires modernization due to its Fair Condition Rating, the flexible layout offers significant income potential through a multi-unit conversion. The expansive 6,997 sqft lot with mature fruit trees provides a rare urban sanctuary. This property is an ideal acquisition for Buy-and-Hold Investors seeking rental revenue or Owner-Occupants looking to offset mortgage costs through strategic house-hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2308 11th Avenue Subject | $1,190,000* List Price | 4 | 3 | 2,272 | $443 | - |
A 3036 Edgehill Drive Active | $1,199,000 List Price | 4 | 3 | 2,592 | $463 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1911, the property is functional but significantly dated. Interior photos show bathrooms with aging pink tile and older oak cabinetry likely over 30 years old. The presence of a portable space heater suggests the HVAC system may be inadequate or non-existent in parts of the home. While the description claims it is well-maintained, the finishes and systems require modernization to meet current standards.
The flexible two-story layout provides a unique opportunity for multi-generational living or rental income, with a design that allows the second floor to function as a supplemental revenue stream.
The nearly 7,000-square-foot lot features a lush backyard retreat with mature fruit trees and abundant parking, offering a rare garden-like sanctuary in a dense urban setting.
Situated on a peaceful cul-de-sac, the property offers a quiet residential atmosphere while maintaining immediate proximity to the 10 Freeway and premier Mid-City dining and shopping.
Originally built in 1911, the property may require specialized maintenance or future upgrades to aging systems typical of century-old homes to meet modern efficiency standards.
While offering convenient commuter access, the close proximity to the 10 Freeway may result in higher levels of ambient traffic noise for the outdoor living spaces.
Tucked away on a peaceful cul-de-sac, this beautifully maintained two-story residence offers a refined blend of comfort, charm, and versatility. Bathed in natural light, the home exudes a warm, inviting ambiance throughout its thoughtfully designed living spaces. Step outside to a generously sized backyard retreat, ideal for both relaxation and entertaining, featuring abundant parking and a lush collection of mature fruit trees including peach, lemon, persimmon, jujube, fig, and grape-creating a private, garden-like setting. Perfectly situated just moments from premier shopping, dining, and convenient access to the 10 Freeway, this home delivers both tranquility and accessibility. With a flexible layout designed for modern living, the first floor is ideal for an owner's residence, while the second floor offers excellent income potential-making this an exceptional opportunity to enjoy luxury living while generating supplemental rental income.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 3.0 | 2.0 | 66% |
| Square foot | 2,272 | 1,634.5 | 80% |
| Lot Size | 6,997 | 5,856.5 | 77% |
| Price | $1.19M | $990.0K | 64% |
| Price per sq ft | $524 | $586 | 36% |
| Built year | 1911 | 1913 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 159 | 5% |
May 11, 2026
$1,190,000
Initial Listing
Apr 23, 2003
$359,000
Public Record
Nov 26, 2001
$93,000
Public Record
Jun 8, 1995
$200,000
Public Record