2702 Thurman Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 2 bath
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Los Angeles, California 90016
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $1,138,000—positioned well above the $1,103,743 Fair Market Value by -3%. Featuring a Condition Rating of 2, this home offers modern upgrades, including a detached converted studio and a spacious wood deck. While school ratings vary, the property’s prime location in the West Adams Arts District provides significant lifestyle appeal. This versatile asset is an ideal acquisition for Buy-and-Hold Investors seeking income potential or Owner-Occupants desiring a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2702 Thurman Avenue Subject | $1,138,000* List Price | 3 | 2 | 1,296 | $852 | - |
A 5505 Homeside Avenue Sold | $975,000 | 3 | 2 | 1,216 | $802 | 0.3 mi |
B 1927 S Marvin Avenue Sold | $1,315,000 | 3 | 2 | 1,360 | $967 | 0.7 mi |
C 2942 S West View Sold | $1,060,000 | 3 | 3 | 1,549 | $684 | 1.0 mi |
D 2405 Clyde Sold | $985,000 | 3 | 2 | 1,508 | $653 | 0.4 mi |
E 2805 S La Brea Avenue Sold | $912,150 | 3 | 2 | 1,179 | $774 | 0.9 mi |
F 5735 Bowesfield Street Sold | $1,175,000 | 3 | 2 | 1,590 | $739 | 0.5 mi |
G 2207 Alsace Avenue Sold | $1,186,960 | 3 | 2 | 1,347 | $881 | 1.0 mi |
H 5700 Fallsgrove Street Sold | $1,310,000 | 3 | 2 | 1,533 | $855 | 0.7 mi |
I 5623 Homeside Avenue Active | $1,150,000 List Price | 2 | 2 | 1,328 | $866 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive contemporary renovation within the last 5 years, featuring a modern kitchen with quartz countertops, updated bathrooms, and new wood flooring. All major systems including HVAC, electrical, plumbing, and a tankless water heater have been updated, and the detached garage is a fully converted studio.
The detached garage has been converted into a studio-style living space with its own kitchen and bathroom, providing excellent potential for rental income, a guest suite, or a creative home office.
Situated in the heart of the vibrant West Adams Arts District, the property offers superior accessibility to the Expo Line, Culver City, and a high-demand collection of galleries and acclaimed dining.
The home features extensive contemporary updates, including a tankless water heater, central HVAC, and updated plumbing and electrical systems, offering buyers peace of mind and immediate move-in readiness.
The property is zoned for local middle and high schools with lower performance ratings, which may be a significant consideration for families prioritizing public education.
The converted studio space requires buyers to independently verify permits and legal use, suggesting potential risks or limitations regarding the official status of the additional living area.
Modern comfort, flexible living, and an unbeatable West Adams location come together in this beautifully maintained contemporary corner-lot home in the heart of the vibrant West Adams Arts District. Filled with natural light, the thoughtfully designed single-level floor plan offers 3 bedrooms, 2 bathrooms, and an effortless flow between the spacious living, dining, and kitchen areas, creating the perfect setting for both everyday living and entertaining. The generously sized primary suite features a walk-in closet and private en-suite bath, while two additional bedrooms provide comfort and versatility for family, guests, or a home office. Designed with today's lifestyle in mind, the home has been tastefully updated with quartz countertops, wood flooring, newer windows, central heating and air conditioning, a tankless water heater, and updated plumbing and electrical systems, offering both style and peace of mind. Step outside to a spacious wood deck overlooking a beautifully landscaped backyard filled with mature fruit trees, creating a private outdoor retreat ideal for relaxing, dining al fresco, or entertaining friends and family. Adding exceptional versatility, the detached garage has been thoughtfully converted into a studio-style living space complete with its own kitchen and bathroom, offering endless possibilities as a guest suite, home office, creative studio, or potential income-producing space. Buyers are advised to investigate permits and intended use to their own satisfaction.Perfectly positioned just east of Fairfax and south of Adams, you'll enjoy easy access to the Expo Line, connecting you to Downtown Los Angeles, Culver City, Santa Monica, and beyond. Just minutes away are the Culver City Arts District, Ivy Station, Helms Bakery District, Whole Foods, and an exciting collection of acclaimed restaurants, cafs, breweries, galleries, and creative spaces that make West Adams one of Los Angeles' most sought-after neighborhoods. Whether you're looking for a place to call home, space to grow, or added flexibility for work and guests, this exceptional property delivers the perfect blend of comfort, convenience, and opportunity.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,296 | 1,672 |
| Lot Size | 5,001 | 6,067 |
| Price | $1.14M | $1.37M |
| Price per sq ft | $878 | $801 |
| Built year | 1948 | 1939 |
| HOA | $0 | $348 |
| Days on market | 7 | 56 |
Jul 15, 2026
$1,138,000
Initial Listing
Sep 18, 2014
$632,000
Public Record
Jul 18, 2013
$398,000
Public Record