2660 Newell Street, Los Angeles, California 90039, Los Angeles, 90039 - 5 bed, 3 bath

2660 Newell Street, Los Angeles, California 90039 home-pic-0

2660 Newell Street

Los Angeles, California 90039

ACTIVE
CONDITION: FAIR
5Beds
3Baths
2,064Sq Ft
5,452Lot Size

Property Price

LIST PRICE$995,000
EST. MARKET VALUE
$1,068,056
6% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$1,068,056 +$73,056 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2660 Newell Street
Subject
$995,000*
List Price
532,064$517-
A
1948 Sunflower Avenue
Sold
$1,000,000331,608$6220.2 mi
B
2526 N Via Artis Avenue
Active Under Contract
$1,200,000
List Price
332,107$5700.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1964, this property is aged but functional and currently tenant-occupied. While the listing mentions 'some upgrades along the way,' the kitchen and bathrooms remain largely outdated with older cabinetry, basic appliances, and mid-century fixtures. The flooring and overall aesthetic show signs of wear consistent with a 60-year-old home that has been maintained through regular upkeep rather than a comprehensive modern renovation. It meets the 'fair' criteria as it is livable but requires minor to moderate updates to meet current market standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Dual-Unit Configuration

    The property features two detached single-family homes on one lot, providing an excellent opportunity for multi-generational living or a high-yield rental investment.

  • Prime Frog Town Location

    Situated in the trendy and high-demand 'Frog Town' area, the property offers exceptional proximity to the LA River, Elysian Park, and major transit corridors like the 2 and 5 freeways.

  • Streamlined Probate Sale

    As a probate sale that does not require court confirmation, buyers benefit from a more efficient and predictable closing process compared to traditional probate listings.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5452, other record lot size in square feet = 5384.

  • Tenant Occupancy

    Both homes are currently occupied by tenants, which may complicate immediate owner-occupancy plans or the implementation of significant property upgrades.

  • Limited Tandem Parking

    The driveway only supports 2 to 3 cars in a tandem arrangement, which can be inconvenient for two separate households sharing the same lot.

About 2660 Newell Street

This is a Great Opportunity for first times buyers. It is 2 homes on 1 lot, you can BUY them with a friend and you can each own a Free standing, single family home for less then $498,000 in the Vibrant area of "Frog Town" near "Elysian Park", the "Dodger Stadium" and the "LA River" and the 2 and the 5 freeways. It is a 15 min. drive to Sunset Blvd. and Alvarado St.. Both homes are tenant occupied. The front house is a 2 bedroom and 1 bath and the back house is 3 bedrooms and 2 baths, they were built in 1964 and there were some upgrades along the way. This is a Probate sale, it does NOT require court confirmation. There is a driveway for 2 possibly 3 cars tandem.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1964
Lot Size
5,452 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Los Angeles Unified Schools

Allesandro Elementary School

Grades K-6 • 0.3 mi

8/10

Glassell Park Elementary School

Grades K-6 • 0.7 mi

4/10

Dorris Place Elementary School

Grades K-6 • 0.8 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
95%
Baths3.03.0
50%
Square foot2,0641,697
70%
Lot Size5,4525,404
52%
Price$995.0K$1.58M
9%
Price per sq ft$482$1.1K
1%
Built year19641929
82%
HOA$0$0
50%
Days on market8163
2%

Pricing History

Listed for Sale

Feb 26, 2026

$995,000

Initial Listing

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