
Los Angeles, California 90032
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well below the $790,909 Fair Market Value by 11%. This valuation gap offers $91,909 in Instant Equity for buyers. Featuring a Condition Rating of 3, the home includes a modernized kitchen and central HVAC, though the pool requires restoration. Its elevated layout and City Lights views provide significant upside for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic entry into the El Sereno market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2343 Bullard Avenue Subject | $699,000* List Price | 3 | 2 | 1,080 | $732 | - |
A 4938 O Sullivan Sold | $750,000 | 3 | 2 | 1,082 | $693 | 0.7 mi |
B 2417 Richelieu Avenue Sold | $750,000 | 3 | 1 | 947 | $792 | 0.9 mi |
C 2459 N Ditman Sold | $830,000 | 3 | 2 | 1,347 | $616 | 1.0 mi |
D 2706 Budau Avenue Sold | $730,000 | 3 | 2 | 1,172 | $623 | 0.6 mi |
E 2334 Highbury Active | $848,000 List Price | 3 | 2 | 1,030 | $823 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1962, the home features a renovated galley kitchen with modern appliances and recessed lighting. The interior is move-in ready with updated flooring and central HVAC. Although the pool and landscaping require restoration, the primary living systems and core interior spaces are well-maintained and functional.
The property offers impressive city light views from the main living spaces and backyard, a highly sought-after feature in the El Sereno area that adds significant aesthetic and market value.
Unlike many homes of this era, this property features central heating and air conditioning, an updated galley kitchen with modern appliances, and recessed lighting throughout.
Ideally situated near Cal State LA, Highland Park, and Downtown Los Angeles with quick access to the 10 and 710 freeways, making it a prime spot for commuters and urban professionals.
The unique elevated layout requires stair access to reach the main living level, which may be a drawback for buyers seeking easy accessibility or single-story convenience.
The backyard pool requires restoration, representing a potentially high immediate capital expenditure for the buyer to make the outdoor space fully functional.
Opportunity to own a home with views in the desirable El Sereno area of Los Angeles. This 3 bedroom, 2 bathroom home offers approximately 1,080 square feet of living space on a 6,776 square foot lot with an attached 1 car garage, driveway parking, and central heating and air conditioning. The home features a unique elevated layout with stair access leading to the main living level and spacious front yard area. Upon entry, you are welcomed by a covered enclosed patio filled with natural light. Inside, the home offers a spacious living room and dining area with recessed lighting, large windows, abundant natural light, and a sliding glass door leading to the exterior. Views extend through the main living spaces and backyard. The updated galley kitchen features modern appliances, recessed lighting, ample cabinet storage, and a functional layout. Adjacent to the kitchen are the laundry hookups and an additional bathroom. The home offers three spacious bedrooms with ample closet space.The backyard includes a pool with potential to be restored, presenting an excellent opportunity for a buyer looking to personalize, renovate, or add value over time. Conveniently located near Cal State LA, Highland Park, Downtown Los Angeles, and the 10 and 710 Freeways with nearby shopping, dining, and local cafes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,080 | 1,246 | 33% |
| Lot Size | 6,776 | 5,503 | 77% |
| Price | $699.0K | $850.0K | 16% |
| Price per sq ft | $647 | $688 | 41% |
| Built year | 1962 | 1940 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 140 | 1% |
May 27, 2026
$699,000
Initial Listing