2489 Moreno Drive, Los Angeles, California 90039, Los Angeles, 90039 - 3 bed, 2 bath
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2489 Moreno Drive
Los Angeles, California 90039
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
2,568Sq Ft
10,080Lot Size
Property Price
LIST PRICE$2,696,000
EST. MARKET VALUE
$2,752,580
SUMMARY
This Architectural Character Home represents a Strong Value Opportunity, listed at $2,696,000—positioned well below the $2,699,905 Fair Market Value by 0.14%. Featuring a Condition Rating of 4, the property offers significant potential for cosmetic modernization to match its prestigious Moreno Highlands location and Ivanhoe school district access. With dual-primary suites, expansive flat grounds, and rare city views, this residence provides a unique canvas for Value-Add Investors and Owner-Occupants seeking to personalize a historic 1936 Arthur W. Hawes masterpiece.
Estimated Market Value
$2,752,580
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2489 Moreno Drive Subject | $2,696,000* List Price | 3 | 2 | 2,568 | $1,072 | - |
A 2502 Armstrong Avenue Sold | $2,375,000 | 3 | 2 | 1,979 | $1,200 | 0.5 mi |
B 2644 Armstrong Avenue Sold | $2,761,500 | 3 | 3 | 2,387 | $1,157 | 0.3 mi |
C 3061 Landa Street Sold | $2,317,000 | 3 | 4 | 1,915 | $1,210 | 0.8 mi |
D 2525 Ivanhoe Drive Active | $1,899,000 List Price | 3 | 2 | 1,827 | $1,039 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1936, this 'unspoiled' character home maintains its original charm but features a highly dated kitchen with vintage appliances and tile countertops that appear to be over 30 years old. While the listing notes updated systems and newer HVAC, the primary living areas, kitchen, and bathrooms require significant cosmetic and functional updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Character & Layout
Designed by Arthur W. Hawes in 1936, this pre-War home features a rare dual-primary suite configuration on the upper level, both offering private views of Silver Lake and the city.
- Prime Location & Schools
Situated in the prestigious Moreno Highlands, the property is located within the highly coveted Ivanhoe Elementary school district and features desirable underground utilities.
- Expansive Flat Lot
The 10,080 sqft lot includes a rare, expansive flat rear garden with ample room for a pool, providing exceptional outdoor utility and privacy in a hillside neighborhood.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Limited Bathroom Count
With only two bathrooms serving a 2,568 square foot residence, the property may feel underserved for families or guests at this price point.
- Galley Kitchen Configuration
The long galley-style kitchen, while functional and updated, lacks the open-concept flow and central island often preferred by modern luxury buyers.
About 2489 Moreno Drive
Arthur W. Hawes, architect, 1936. Find not one, but two--primary suites, here in this rare, classic character home in the center of an A+ neighborhood with two equally-appealing suites on the upper level. Each area is capacious, with enough adjoining anterooms to transform each upper sleeping chamber into a separate personal space able to satisfy unique owner needs. Oh, and each suite has its own, private view of Silver Lake and the city beyond. Another bedroom and bath lie on the main level, off the kitchen and laundry. It's what you've been looking for: an unspoiled, pre-War character home with 3 bedrooms and a wood-paneled den; in handy, central Moreno Highlands; within the Ivanhoe/King/Marshall school districts; with underground utilities; in the hills with views, patios and an expansive, flat, main-level rear garden with room for a pool in manifold locations. There's a detached two-car garage. Quiet? Listen to the breeze in the mature trees. Check the extra-long, galley kitchen with plenty of counter space, vintage stove and modern appliances. Also: wood and tile flooring; newer central heat and air; California basement with extra storage; character details and up-dated systems. ADU possible? Why wait any longer?
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1936
- Lot Size
- 10,080 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,568 | 1,664.159 |
| Lot Size | 10,080 | 6,066.556 |
| Price | $2.70M | $1.35M |
| Price per sq ft | $1.0K | $806 |
| Built year | 1936 | 1939 |
| HOA | $0 | $278 |
| Days on market | 54 | 55 |
Pricing History
Listed for Sale
Jul 17, 2026
$2,696,000
Initial Listing
Sold
Aug 27, 1997
$470,000
Public Record