2348 Baxter Street, Los Angeles, California 90039, Los Angeles, 90039 - 5 bed, 5 bath

2348 Baxter Street
Los Angeles, California 90039
Property Price
SUMMARY
Analysis of 2348 Baxter Street, Los Angeles, California 90039 reveals a Prime Investment Opportunity with a current list price of $1,995,000—significantly undercutting the $2,229,988 Fair Market Value by 10%. This valuation gap indicates a +$234,988 Instant Equity potential for buyers. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2348 Baxter Street Subject | $1,995,000* List Price | 5 | 5 | 3,508 | $636 | - |
A 2336 Hidalgo Avenue Sold | $2,350,000 | 4 | 4 | 3,457 | $680 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a brand-new 2024 construction, meeting the highest standards for the 'excellent' category. It features modern Mediterranean styling, high-end stainless steel appliances including a double oven, en-suite bathrooms for multiple bedrooms, and contemporary finishes throughout. As a new build, all major systems, flooring, and fixtures are in pristine condition with no physical depreciation or deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern New Construction
Built in 2024, this 3,508 sq ft Mediterranean-style home offers contemporary amenities, five en-suite bedrooms, and a finished basement, providing a turnkey luxury experience.
- Exceptional Views
The property features breathtaking views of the Silver Lake Reservoir and a 360-degree rooftop deck, maximizing its elevated position for premium indoor-outdoor living.
- Prime Silver Lake Location
Situated in a highly sought-after neighborhood, the home is conveniently close to the reservoir and the area's best dining and shopping, offering a premier urban lifestyle.
CONSRISKS & DEFICIENCIES
- Short Sale Complexity
The property is a short sale subject to lender approval, which typically involves a more prolonged and unpredictable closing process compared to standard transactions.
- Challenging Topography
Located on Baxter Street, one of Los Angeles' steepest roads, the property may present accessibility and parking challenges for guests despite the private driveway.
About 2348 Baxter Street
Built in 2024, this Mediterranean-style gem spans 3,508 sq ft and offers breathtaking views of the Silver Lake Reservoir. With 5 spacious bedrooms, 5 bathrooms, and seamless indoor-outdoor flow with balconies all around, this home has everything you need to live comfortably, host elegantly, and unwind in your ultimate urban sanctuary. As you enter the double-doors on the main floor, you are welcomed to a large living space with a balcony as well as three en-suite bedrooms, including the primary suite. Taking the elegant spiral staircase up, you enter the main living area with two more bedrooms, the dining space that opens up to another beautiful balcony with reservoir views, as well as the open kitchen with stainless steel appliances, including a double oven perfect for the chef of the home! The expansive rooftop deck has incredible 360 views, and the lower level boasts over 700 sq ft of finished basement space, an extra storage area, and a two-car garage leading out to a long driveway, providing ample space for parking. Conveniently located close to the reservoir as well as Silver Lake's best cafes, shops, and restaurants, this is more than a home it's a lifestyle. Don't miss the opportunity to make it yours! Short sale, subject to lender approval.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 5,872 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 5.0 | 3.0 | 97% |
| Square foot | 3,508 | 1,697 | 97% |
| Lot Size | 5,872 | 5,404 | 60% |
| Price | $2.00M | $1.59M | 71% |
| Price per sq ft | $569 | $1.1K | 4% |
| Built year | 2024 | 1929 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 163 | 2% |
Pricing History
Listed for Sale
Feb 23, 2026
$1,995,000
Initial Listing


































