RealKey
‪(213) 433-7766‬

2672 Newell Street, Los Angeles, California 90039, Los Angeles, 90039 - bed, bath

2672 Newell Street, Los Angeles, California 90039 home-pic-0
ACTIVE$1,800,000
2672 Newell Street, Los Angeles, California 90039
0Bed
0Bath
2,520Sqft
5,402Lot
Year Built
1921
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$714
HOA
-
Days on market
-
Sold On
-
MLS number
WS25123542
Home ConditionExcellent
Features
Good View:
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.80M(92th), sqft - 2520(67th), beds - undefined(50th), baths - undefined(50th).

Two houses in a lot with different numbers and separate meters. Front unit has been remodeled and extended and the second unit at the back is a new ADU that was built in June 2022 with R2 zoning. Excellent location and is located in the Elysian Valley (aka Frogtown), LA Weekly voted, hottest new neighborhood in LA. Stroll to Salazar, Frogtown Brewery and La Colombe or imagine riding your bike along the LA River to downtown. Front unit features with 3 bedrooms (1 master suite) and 2 baths. The back unit features with 2 bedrooms 2 baths (1 master suite) with a single garage and roof top. Two separate units with no common walls. The modern and stylish properties have been tastefully renovated with top-of-the-line finishes and designer-inspired touches throughout. Strategically built with a wonderful open floorplan making it feel warm, yet keeping it light, open and breezy. Well designed and open floor plan and kitchen. The patio at the front unit can provide a lot of entertainment to the family and friends for gathering. The roof top at the back unit provide a wonderful space for party and gathering. It has nice view of Los Angeles and can see the firework performances during the July 4th weekend and celebration of Dodger games. Wonderful properties and will not last.

Nearby schools

8/10
Allesandro Elementary School
Public,•K-6•0.3mi
4/10
Glassell Park Elementary School
Public,•K-6•0.6mi
7/10
Dorris Place Elementary School
Public,•K-6•0.8mi
2/10
Aragon Avenue Elementary School
Public,•K-5•1.3mi
7/10
Solano Avenue Elementary School
Public,•K-6•1.8mi
4/10
Loreto Street Elementary School
Public,•K-5•1.9mi
6/10
Irving STEAM Magnet
Public,•6-8•1.3mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.8mi

Price History

Date
Event
Price
07/01/22
Sold
$1,770,000
06/20/18
Sold
$725,000
12/20/13
Sold
$402,000
Condition Rating
Excellent
This property consists of two units: a front unit that has been extensively remodeled and extended, and a brand new ADU built in June 2022. Both units showcase modern, top-of-the-line finishes and designer-inspired touches throughout. The kitchens feature contemporary cabinetry, high-quality countertops, and new black stainless steel (front unit) or stainless steel (ADU) appliances. Bathrooms are equally impressive with modern vanities, large format tiling, glass shower enclosures, and updated fixtures. Flooring is consistent light-toned wood throughout, and lighting is primarily recessed, contributing to a fresh, current aesthetic. Given the new construction of the ADU and the comprehensive, recent renovation of the front unit, the property meets the 'excellent' criteria of being newly built or extensively renovated within the last 5 years, with all components appearing new or virtually new and meeting current quality standards.
Pros & Cons

Pros

Exceptional Income & Living Flexibility: Features two distinct, separately metered units (a remodeled front house and a new ADU built in 2022) on R2 zoning, offering significant rental income potential, multi-generational living, or owner-occupancy with supplemental income.
Highly Desirable & Emerging Neighborhood: Located in Elysian Valley (Frogtown), recognized as a 'hottest new neighborhood' by LA Weekly, providing a vibrant lifestyle with walkability to popular establishments and direct access to the LA River bike path.
Modern Design & High-End Finishes: Both properties boast tasteful, top-of-the-line renovations, designer-inspired touches, and open floorplans, ensuring a contemporary and move-in-ready living experience.
Premium Outdoor Entertainment Spaces: Includes a private patio for the front unit and a unique rooftop deck for the back unit, offering impressive views of Los Angeles, ideal for gatherings and enjoying fireworks or Dodger games.
Strong Local School Access: Proximity to Allesandro Elementary School, which holds an impressive rating of 8, is a significant draw for families seeking quality education.

Cons

Limited Traditional Private Yard Space: While offering a patio and rooftop, the property description does not highlight a substantial private yard, which may be a drawback for buyers seeking more green space or play areas.
Potential for Parking Constraints: The back unit has a single garage, but parking provisions for the front unit are not explicitly detailed, which could lead to reliance on street parking in a dense urban environment.
Age of Original Structure (Front Unit): Despite extensive remodeling, the front unit's original construction year of 1921 means some underlying infrastructure might be older, potentially requiring more maintenance or presenting unforeseen issues compared to entirely new builds.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state