
Los Angeles, California 90031
This Renovated Traditional Residence is a High-Potential Investment Opportunity, listed at $849,000—positioned well below the $981,009 Fair Market Value by 13%. This valuation gap provides $132,009 in Instant Equity. Boasting a Condition Rating of 2, the home features a renovated kitchen, HVAC, and scenic city light views from the primary suite. Located in trendy Lincoln Heights near Moo’s Craft Barbecue, it balances a turnkey lifestyle with significant financial upside. This is an exceptional acquisition for Owner-Occupants seeking a move-in-ready sanctuary or Buy-and-Hold Investors looking for a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 236 S Avenue 22 Subject | $849,000* List Price | 4 | 2 | 1,356 | $723 | - |
A 126 W Avenue 31 Sold | $954,000 | 3 | 2 | 1,223 | $780 | 0.6 mi |
B 2010 Workman Street Sold | $640,000 | 2 | 1 | 918 | $697 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1979, the property has undergone a high-quality recent renovation (likely <5 years) featuring a modern kitchen with white cabinetry and stone counters, updated bathrooms with contemporary tile work, and new hard surface flooring throughout. The inclusion of HVAC and the mint condition of the interior and exterior make it move-in ready with no immediate maintenance required.
The property features a beautifully updated kitchen with white cabinetry and modernized bathrooms, complemented by essential upgrades like HVAC and a two-car garage with a workshop.
Ideally situated near popular local favorites like Moo's Craft Barbecue and Highland Park's Figueroa corridor, offering high walkability to trendy dining and entertainment.
The four-bedroom floor plan includes a flexible first-floor bedroom and a private, fully fenced backyard retreat, providing a rare sense of calm and privacy in an urban setting.
At just 3,232 square feet, the lot is relatively small for a four-bedroom home, which may limit outdoor recreation space or future expansion possibilities.
The local public schools carry lower ratings, with several nearby elementary and high schools scoring between 2 and 4, which may be a concern for education-focused buyers.
In Lincoln Heights, this remarkably spacious 1979 Traditional radiates calm and privacy with a sage exterior, mature trees, and a fully fenced, retreat-like setting. The bright, open interior is filled with dappled natural light filtered through the trees, and hard surface floors flow throughout. The renovated kitchen is well-designed and sunny, featuring white cabinetry and ample storage. Four bedrooms include a generous second-story primary with a walk-in closet and scenic views, and a versatile first-floor bedroom with its own bathroom; an updated shower bath with modern tile serves the upper level. The private backyard is an effortless haven with a hardscape patio and lush surrounding greenery, perfect for dining and relaxing. Amenities include HVAC, laundry, and a two-car garage with workshop. You are moments from Moo's Craft Barbecue, The Airliner, Trattoria Daly, Zizou, and Highland Park favorites on Figueroa.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,356 | 1,356 | 50% |
| Lot Size | 3,232 | 4,936 | 7% |
| Price | $849.0K | $985.0K | 34% |
| Price per sq ft | $626 | $744 | 31% |
| Built year | 1979 | 1929 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 116 | 7% |
Apr 23, 2026
$849,000
Initial Listing
Apr 6, 2018
$565,000
Public Record