2340 Thomas, Los Angeles, California 90031, Los Angeles, 90031 - 1 bed, 1 bath
2340 Thomas
Los Angeles, California 90031
Property Price
SUMMARY
Analysis of 2340 Thomas, Los Angeles, California 90031 is currently available with a list price of $489,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1920, this property has undergone a fresh and extensive renovation, as stated in the description and clearly visible in the images. The kitchen features new white shaker cabinets, quartz countertops with integrated backsplash, and a modern gold-tone faucet. The bathroom is completely updated with a new vanity, toilet, tub with glass enclosure, and modern tile. New LVP flooring, recessed lighting, fresh paint, and brand-new central heating and air conditioning throughout the living spaces indicate a virtually new interior, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- No Homeowners Association (HOA) Dues
Eliminates recurring monthly fees, offering significant cost savings and greater autonomy for the homeowner.
- Recently Renovated & Move-in Ready
Features brand-new central heating and air, and sparkling new appliances, ensuring immediate occupancy without additional renovation expenses.
- Competitive Price Point for Los Angeles
Positioned in the '400s' for a single-family home in Los Angeles, offering an accessible entry point into the competitive LA real estate market.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-02-19. The sold price is $300,000.00.
- Limited Living Space
With only one bedroom and 490 square feet, the property's small footprint significantly restricts its appeal to a narrow buyer demographic, primarily singles or couples without children.
- Small Lot Size
The 1250 square foot lot offers minimal outdoor area, potentially limiting opportunities for expansion, gardening, or substantial outdoor entertaining.
About 2340 Thomas
Absolutely! Here it is: Stop the press! A single-family home in Los Angeles with no HOA in the 400s? You heard that right! This freshly renovated one-bedroom, one-bath charmer sits on a private lot—featuring brand-new central heating and air, sparkling new appliances, and move-in ready—this gem won’t wait!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- 1,250 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Gates Street Elementary School
Grades K-5 • 0.1 mi
Griffin Avenue Elementary School
Grades K-5 • 0.5 mi
Multnomah Street Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 3% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 490 | 1,315 | 3% |
| Lot Size | 1,250 | 4,871.5 | 3% |
| Price | $489.0K | $930.0K | 3% |
| Price per sq ft | $998 | $741 | 85% |
| Built year | 1920 | 1926 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 174 | 6% |
Pricing History
Listed for Sale
Jan 21, 2026
$489,000
Initial Listing
Sold
Feb 19, 2025
$300,000
Public Record