262 Thorne, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 1 bath
262 Thorne
Los Angeles, California 90042
Property Price
SUMMARY
Analysis of 262 Thorne, Los Angeles, California 90042 reveals a Fairly Priced Property with a current list price of $1,048,000 aligned with the estimated $1,017,957 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 262 Thorne Subject | $1,048,000* List Price | 2 | 1 | 1,000 | $1,018 | - |
A 5807 Meridian Street Sold | $825,000 | 2 | 1 | 820 | $1,006 | 0.9 mi |
B 825 N Avenue 67 Sold | $1,180,000 | 2 | 2 | 1,100 | $1,073 | 0.7 mi |
C 5345 Monterey Road Sold | $950,000 | 2 | 2 | 1,004 | $946 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1920, the property has been fully and extensively remodeled recently, featuring modern finishes, a turnkey interior, and updated kitchen and bathroom components. It meets the criteria for excellent condition as a fully renovated home with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Remodel
The home has been fully updated with modern finishes and a stylish interior, offering a move-in-ready experience that eliminates the need for immediate renovation or repair costs.
- Expansive Lot
Situated on a generous 6,982 sq ft lot, the property provides a large private backyard with significant potential for outdoor entertaining, gardening, or the addition of an ADU for extra income.
- Prime Highland Park Location
Located in one of Los Angeles' most trendy and sought-after neighborhoods, the property offers excellent proximity to popular local dining, shopping, and major freeway access.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one bathroom serving two bedrooms, the layout may be a drawback for families or those who frequently host guests, potentially impacting daily convenience.
- High Price Per Square Foot
At a listing price of over $1,000 per square foot, the property is positioned at a premium price point, which may be a hurdle for buyers seeking more interior living space for their investment.
About 262 Thorne
“Welcome to 262 Thorne Ave in Los Angeles, a beautifully fully remodeled 2-bedroom, 1-bath home offering approximately 1,000 sq ft of stylish living space in one of the area’s increasingly trendy neighborhoods. The bright and inviting living room features a charming fireplace and flows seamlessly into updated finishes throughout, creating a modern yet warm feel. Situated on a generous lot, the private backyard offers a peaceful sanctuary—ideal for relaxing, entertaining, or future outdoor enhancements. Conveniently located near popular local shopping, dining, schools, and with easy access to major freeways, this move-in-ready home delivers comfort, lifestyle, and prime city living.”
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- 6,982 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 36% |
| Baths | 1.0 | 2.0 | 27% |
| Square foot | 1,000 | 1,350 | 17% |
| Lot Size | 6,982 | 5,401 | 76% |
| Price | $1.05M | $1.22M | 36% |
| Price per sq ft | $1.0K | $885 | 76% |
| Built year | 1920 | 1925 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 175 | 1% |
Pricing History
Listed for Sale
Mar 5, 2026
$1,048,000
Initial Listing