
Los Angeles, California 90041
Analysis of 2348 Loy Lane, Los Angeles, California 90041 is currently available with a list price of $3,615,000. 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.
Property is new construction or fully renovated.
Although built in 1927, the property has undergone a comprehensive restoration and is marketed as turnkey. It features a redesigned kitchen with quartz countertops and shaker cabinetry, an updated spa-inspired bathroom, and modern systems including central HVAC, a tankless water heater, and dual-pane windows, meeting the criteria for a recent high-end renovation.
Elementary School: Delevan Drive Elementary School (9/10).
This 1927 home masterfully preserves its original architectural charm, featuring arched entryways and terracotta accents, while offering a completely turnkey interior with modern engineered hardwood and designer finishes.
The property includes a detached bonus studio with a private entry, providing highly desirable flexibility for a professional home office, creative gym, or guest suite separate from the main living quarters.
At just 975 square feet with only one bathroom, the home’s compact footprint and lack of a master suite may limit its appeal to larger families or buyers seeking more expansive living areas.
The property is being offered via auction, which can be a deterrent for traditional buyers who prefer standard contingency periods and conventional real estate purchase processes.
Property is being offered via auction. Nestled on a quiet, tree-lined street in one of Northeast LA’s most sought-after neighborhoods, 2348 Loy Lane is a beautifully restored 1927 Spanish Revival that seamlessly blends timeless character with modern comfort. From the arched entryway and warm stucco exterior to the terracotta tile accents, the home’s original charm is evident from the moment you arrive. Inside, natural light fills the open living and dining areas, showcasing crown molding, boxed wainscoting, high baseboards, and wide-plank engineered hardwood flooring throughout. The thoughtfully redesigned kitchen serves as the heart of the home, featuring quartz countertops, full-height subway tile backsplash, custom shaker cabinetry, stainless steel appliances, and a spacious center island with designer lighting — perfect for everyday living and entertaining. Both bedrooms offer bright, comfortable retreats, while the updated spa-inspired bathroom features marble-look tile, a modern vanity, and contemporary fixtures. A detached bonus space with private entry adds flexibility for a home office, creative studio, gym, or guest suite. Additional upgrades include central heat and A/C, dual-pane windows, recessed lighting, tankless water heater, interior laundry hookups, and updated smoke and carbon monoxide detectors. Situated on a level 5,376 sq ft lot, the property also features a gated front yard, mature landscaping, attached carport, and additional driveway parking. Ideally located near local favorites including Found Coffee, Casa Bianca, Cindy’s, The Capri Club, Eagle Rock Recreation Center, and Eagle Rock Canyon Trail. Convenient access to Occidental College, the York Boulevard corridor, Pasadena, Glendale, and Downtown LA via the 134 freeway. A rare opportunity to own a turnkey character home in the heart of Eagle Rock.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 975 | 1,659 | 3% |
| Lot Size | 5,331 | 7,021 | 19% |
| Price | $3.62M | $1.43M | 97% |
| Price per sq ft | $3.7K | $909 | 98% |
| Built year | 1927 | 1926 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 137 | 3% |
May 21, 2026
$3,615,000
Initial Listing
Nov 9, 2021
$810,000
Public Record