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2446 Colby Avenue, Los Angeles, California 90064, Los Angeles, 90064 - 3 bed, 2 bath

2446 Colby Avenue, Los Angeles, California 90064 home-pic-0
ACTIVE$1,675,000
2446 Colby Avenue, Los Angeles, California 90064
3Beds
2Baths
1,845Sqft
6,300Lot

Price Vs. Estimate

The estimated value ($1,326,075.01) is $348,924.99 (20%) lower than the list price ($1,675,000). This property may be overpriced.

Key pros and cons

Top Pros:
Versatile Guest House: The property features a separate 455 SF guest house with a full bath and office area, plumbed for a kitchen, offering significant flexibility for extended family, rental income (ADU potential), or dedicated workspace.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-07-30. The sold price is $1,575,000.00.

Compared to the nearby listings

Price:$1.68M vs avg $2.23M ($-550,000)29%
Size:1,845 sqft vs avg 1,940 sqft45%
Price/sqft:$908 vs avg $1.1K22%

More Insights

Built in 1938 (87 years old).
Condition: This property, though built in 1938, has undergone extensive and high-quality renovations, bringing it to current modern standards. The description explicitly states 'beautifully updated,' 'new countertops, all new appliances, new recessed lighting' in the kitchen, and 'completely updated' guest house. Images confirm modern white shaker cabinets, stainless steel appliances, and contemporary finishes in both the kitchen and bathrooms (modern vanities, subway tile, recessed lighting). Major systems like the roof, copper plumbing, and electrical have also been updated. The light wood-look flooring throughout is new and in excellent condition. While the property analysis notes a 'Lack of Central Air Conditioning,' the overall condition of the existing and newly installed components is virtually new and meets high quality standards, aligning with the 'Excellent' criteria for a recently and extensively renovated home.
Year Built
1938
Close
-
List price
$1.68M
Original List price
$1.68M
Price/Sqft
$908
HOA
-
Days on market
-
Sold On
-
MLS number
25541463
Home ConditionExcellent
Features
Spa
Patio
View-

About this home

Beautifully updated 3 bedroom 2 bath, 1,845 SF Rancho Park home with a separate 455 SF Guest House (with gas and water for kitchen), a full bath and office area + a detached 400 SF garage with a large attic space at the end of a long driveway. This lot is 60 feet wide with a large grassy backyard with a spacious covered patio and spa. Step into a gorgeous living room with a stunning vaulted wood ceiling and a wood burning fireplace. Relax in a separate family room and dining area opening to the backyard that includes new recessed lighting and lots of closet space with built-in cabinets. The kitchen enjoys new countertops, all new appliances, new recessed lighting, ample cabinet space and a breakfast room overlooking the front yard. The en-suite primary bedroom enjoys new recessed lighting, opens to the backyard and private spa. Two additional bedrooms enjoy new recessed lighting and large closets. The separate guesthouse enjoys a full bath and office and completely updated as well. This special property has a newer roof, copper plumbing, updated electrical and walking distance to the train with a new retail development going in at Colby and Gateway. This incredible opportunity awaits the fortunate buyer who will get to enjoy the Westside's incredible lifestyle.

Price History

Date
Event
Price
07/30/25
Sold
$1,575,000
Condition Rating
Excellent
This property, though built in 1938, has undergone extensive and high-quality renovations, bringing it to current modern standards. The description explicitly states 'beautifully updated,' 'new countertops, all new appliances, new recessed lighting' in the kitchen, and 'completely updated' guest house. Images confirm modern white shaker cabinets, stainless steel appliances, and contemporary finishes in both the kitchen and bathrooms (modern vanities, subway tile, recessed lighting). Major systems like the roof, copper plumbing, and electrical have also been updated. The light wood-look flooring throughout is new and in excellent condition. While the property analysis notes a 'Lack of Central Air Conditioning,' the overall condition of the existing and newly installed components is virtually new and meets high quality standards, aligning with the 'Excellent' criteria for a recently and extensively renovated home.
Pros & Cons

Pros

Versatile Guest House: The property features a separate 455 SF guest house with a full bath and office area, plumbed for a kitchen, offering significant flexibility for extended family, rental income (ADU potential), or dedicated workspace.
Extensive Updates & Upgrades: Recent major system updates including a newer roof, copper plumbing, and updated electrical, alongside interior renovations like a new kitchen, recessed lighting, and built-in cabinets, reduce immediate maintenance concerns.
Desirable Outdoor Living Space: A large 60-foot wide grassy backyard with a spacious covered patio and spa provides excellent amenities for relaxation, entertaining, and enjoying the California lifestyle.
Architectural Charm & Functional Layout: The home boasts character with a stunning vaulted wood ceiling and a wood-burning fireplace in the living room, complemented by a separate family room and breakfast room for practical living.
Prime Rancho Park Location with Future Growth: Situated in a sought-after Westside neighborhood, the property is within walking distance to the train and a new retail development, enhancing convenience and potential for future appreciation.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-07-30. The sold price is $1,575,000.00.
Significant Valuation Gap: The current list price of $1.675M is considerably higher than the estimated property value of $1.326M, suggesting potential overpricing relative to market comparables.
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a notable drawback in Los Angeles' climate and may require a significant investment for installation.
Older Home with Potential Hidden Costs: Despite updates, the 1938 build year may imply potential for unforeseen maintenance or structural issues inherent to older construction, which could lead to additional expenses for a buyer.

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