2340 N Thomas Street, Los Angeles, California 90031, Los Angeles, 90031 - 1 bed, 1 bath
ACTIVE$499,999
2340 N Thomas Street, Los Angeles, California 90031
1Bed
1Bath
490Sqft
1,250Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Full Remodel & Turnkey Condition: The property has been fully remodeled, featuring a stunning new kitchen, updated bathroom, brand-new HVAC, and energy-efficient windows, making it a turnkey home ready for immediate occupancy.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-02-19. The sold price is $300,000.00.
Compared to the nearby listings
Price:$500.0K vs avg $925.0K ($-425,001)3%
Size:490 sqft vs avg 1,450.5 sqft3%
Price/sqft:$1.0K vs avg $74587%
More Insights
Built in 1920 (105 years old).
Condition: Despite being built in 1920, this property has undergone a full, recent renovation as described and evidenced by the images. It features a stunning new kitchen with modern finishes (white shaker cabinets, quartz countertops, gold-tone faucet), a beautifully updated bathroom (modern black-framed shower, dark tile, new vanity), brand-new HVAC, energy-efficient windows, and consistent modern flooring (laminate/LVP) and recessed lighting throughout. All components appear new or virtually new, making it a turnkey home with no deferred maintenance.
Year Built
1920
Close
-
List price
$500K
Original List price
$555K
Price/Sqft
$1,020
HOA
-
Days on market
-
Sold On
-
MLS number
SR25149076
Home ConditionExcellent
Features
Patio
ViewCity Lights,Neighborhood
About this home
Charming fully remodeled single-family residence nestled on a quiet, private cul-de-sac near Lincoln Park. Conveniently located just minutes from USC, the Medical Center, and a short drive to Elysian Park, Chinatown, and Dodger Stadium. This turnkey home features brand-new HVAC, energy-efficient windows, a stunning new kitchen with modern finishes, and a beautifully updated bathroom. Enjoy the perfect combination of comfort, privacy, and central location in one of L.A.’s most accessible neighborhoods.
Nearby schools
4/10
Gates Street Elementary School
Public,•K-5•0.1mi
4/10
Griffin Avenue Elementary School
Public,•K-5•0.5mi
6/10
Multnomah Street Elementary School
Public,•K-5•0.7mi
3/10
Albion Street Elementary School
Public,•K-6•1.0mi
2/10
Hillside Elementary School
Public,•K-5•1.0mi
4/10
Huntington Drive Elementary School
Public,•K-6•1.0mi
2/10
Murchison Street Elementary School
Public,•K-6•1.1mi
4/10
Loreto Street Elementary School
Public,•K-5•1.2mi
3/10
Ann Street Elementary School
Public,•K-6•1.6mi
4/10
Bridge Street Elementary School
Public,•K-5•1.6mi
5/10
Glen Alta Elementary School
Public,•K-8•0.8mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.2mi
5/10
El Sereno Middle School
Public,•6-8•1.6mi
6/10
Hollenbeck Middle School
Public,•6-8•2.6mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•0.1mi
4/10
Woodrow Wilson Senior High School
Public,•9-12•1.1mi
3/10
Theodore Roosevelt Senior High
Public,•9-12•2.4mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.5mi
Price History
Date
Event
Price
02/19/25
Sold
$300,000
Condition Rating
Excellent
Despite being built in 1920, this property has undergone a full, recent renovation as described and evidenced by the images. It features a stunning new kitchen with modern finishes (white shaker cabinets, quartz countertops, gold-tone faucet), a beautifully updated bathroom (modern black-framed shower, dark tile, new vanity), brand-new HVAC, energy-efficient windows, and consistent modern flooring (laminate/LVP) and recessed lighting throughout. All components appear new or virtually new, making it a turnkey home with no deferred maintenance.
Pros & Cons
Pros
Full Remodel & Turnkey Condition: The property has been fully remodeled, featuring a stunning new kitchen, updated bathroom, brand-new HVAC, and energy-efficient windows, making it a turnkey home ready for immediate occupancy.
Prime Central Location: Conveniently located minutes from USC, the Medical Center, Elysian Park, Chinatown, and Dodger Stadium, offering excellent accessibility within one of L.A.'s most desirable neighborhoods.
Quiet & Private Setting: Nestled on a quiet, private cul-de-sac, providing a peaceful living environment away from main thoroughfare traffic.
Modern Infrastructure Upgrades: Equipped with brand-new HVAC and energy-efficient windows, enhancing comfort, reducing utility costs, and minimizing immediate maintenance needs.
Desirable Views & School Proximity: Offers pleasant City Lights and Neighborhood views, and is exceptionally close (0.077 miles) to the highly-rated Abraham Lincoln Senior High School.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-02-19. The sold price is $300,000.00.
Compact Living Space: With only 1 bedroom, 1 bathroom, and 490 sqft, the property's small size significantly limits its appeal to a broad buyer demographic, primarily targeting singles or couples.
Small Lot Size: The 1250 sqft lot offers minimal outdoor space, which may be a drawback for buyers seeking a larger yard or more extensive outdoor living areas.
History of Price Reductions: Multiple price drops from the original list price of $555,000 to the current $499,999 suggest potential market resistance or initial overpricing, which could impact future resale value perception.