2617 Sierra Street, Los Angeles, California 90031, Los Angeles, 90031 - 5 bed, 5 bath

2617 Sierra Street
Los Angeles, California 90031
Property Price
SUMMARY
Analysis of 2617 Sierra Street, Los Angeles, California 90031 is currently available with a list price of $949,900. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1922, the property has undergone a complete modern transformation and extensive renovation within the last 5 years. The interior features high-end finishes including gleaming tile floors, a contemporary kitchen with minimalist cabinetry and stainless steel appliances, and updated bathrooms with chic, modern fixtures. The inclusion of a newly developed studio ADU, vaulted ceilings, and a rooftop deck indicates that all major systems and components have been updated to meet current quality standards, leaving no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential & Versatility
The property features a studio ADU with its own kitchen and bath, plus a lower-level kitchenette, offering excellent opportunities for rental income, a home office, or multi-generational living.
- Panoramic Skyline Views
Perched in the Lincoln Heights hills, the home boasts a rooftop deck and multiple terraces providing stunning, unobstructed views of the Downtown Los Angeles skyline.
- Substantial Modern Square Footage
With over 3,100 square feet of living space and five bedrooms, this 1922 structure has been transformed into a spacious modern retreat that is rare for the immediate neighborhood.
CONSRISKS & DEFICIENCIES
- Market Stagnation
Significant price reductions from the original $1.199M listing down to $949K suggest the property has struggled with market positioning or may have been initially overpriced for the area.
- Hillside Topography
The 'perched' hillside location typically results in limited usable flat yard space and may present challenges regarding accessibility or higher insurance costs common to Los Angeles hillside lots.
About 2617 Sierra Street
Perched high in the hills of Lincoln Heights, this 5-bedroom, 4.5-bath modern retreat invites you to experience its elegance, ease, and panoramic views of the downtown skyline! Inside, gleaming tile floors guide you to an open-concept living and dining area, blending effortlessly into a kitchen defined by stainless appliances, minimalist cabinetry, and a honeycomb backsplash. Three bright bedrooms grace the main floor, while two more, along with a stylish family corner and kitchenette, await on the lower level, where glass sliders open to an expansive entertainer's patio. Your generous primary suite features vaulted ceilings, a walk-in closet, and a chic ensuite. A flexible bonus room, a laundry nook, and a studio ADU with its own kitchen and bath add everyday versatility. Whether hosting under the stars on your rooftop deck or unwinding on one of several serene terraces, the city feels just far enough away. Located only a short drive from Dodger Stadium, local schools, major freeways, and the vast array of leisure and shopping options of DTLA, come explore a lifestyle with elevated design!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 7,349 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
Los Angeles Unified Schools
Gates Street Elementary School
Grades K-5 • 0.4 mi
Huntington Drive Elementary School
Grades K-6 • 0.7 mi
Multnomah Street Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 5.0 | 2.0 | 94% |
| Square foot | 3,131 | 1,402.5 | 91% |
| Lot Size | 7,349 | 4,950.5 | 71% |
| Price | $949.9K | $942.5K | 50% |
| Price per sq ft | $303 | $724 | 3% |
| Built year | 1922 | 1926 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 259 | 190 | 82% |
Pricing History
Listed for Sale
Dec 2, 2025
$949,900
$999,900
-5% Price Drop
Initial Listing
Price Change
Sep 5, 2025
$999,900
Initial Listing
Price Change
Jun 20, 2025
$1,199,900
Initial Listing
Sold
Aug 6, 2018
$390,000
Public Record















