
Los Angeles, California 90016
This Well-Maintained Traditional Home is a Strong Value Opportunity, listed at $799,000—positioned well below the $808,329 Fair Market Value by 1%. This valuation gap offers $9,329 in Instant Equity for the buyer. Currently holding a Condition Rating of 4, the residence features original hardwood floors and a detached two-car garage on a 5,000 sqft lot, providing excellent ADU potential. Located near the Expo Line and Marvin Elementary, it balances transit-oriented living with long-term appreciation. This is an ideal opportunity for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2738 Thurman Subject | $799,000* List Price | 3 | 1 | 1,075 | $752 | - |
A 2524 Alsace Ave Sold | $710,000 | 3 | 2 | 1,071 | $663 | 0.8 mi |
B 5410 Smiley Sold | $710,000 | 2 | 1 | 940 | $755 | 0.4 mi |
C 2434 S Cochran Avenue Sold | $750,000 | 3 | 2 | 1,217 | $616 | 0.7 mi |
D 2430 S Cochran Avenue Sold | $740,000 | 2 | 1 | 1,340 | $552 | 0.7 mi |
E 5639 Coliseum Street Sold | $1,000,000 | 3 | 2 | 1,415 | $707 | 0.7 mi |
F 2737 S Spaulding Active | $899,900 List Price | 3 | 1 | 1,230 | $732 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this property is over 70 years old and remains largely in original or dated condition. The kitchen features vintage tile countertops and linoleum flooring, while the living areas utilize an older wall heater instead of central HVAC. Although functional and described as well-maintained, the worn carpeting and aged systems require significant updates to meet modern standards.
Situated in one of L.A.’s fastest-growing neighborhoods near the Expo Line, the property offers excellent transit connectivity and proximity to popular local hotspots.
The 5,000 sqft lot and detached two-car garage provide a significant opportunity for an ADU conversion or expansion to maximize the property's value.
The home features original hardwood floors and a bright, airy layout that has been meticulously maintained, offering a charming canvas for cosmetic personalization.
With three bedrooms but only one bathroom, the property may face functional limitations for families or modern buyers seeking a higher bed-to-bath ratio.
At 1,075 square feet, the living space is relatively small for a three-bedroom home, which may result in tighter bedroom dimensions and limited storage.
Well maintained over the years, this charming 3-bedroom home offers the perfect canvas for a new homeowner to make it their own. Located in one of L.A.’s fastest-growing neighborhoods, it’s just moments from the Expo Line Station and a variety of popular local hot spots. The home features a bright and airy layout with a spacious living room and kitchen, beautiful hardwood floors, a separate laundry room, and a detached two-car garage.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 1,075 | 1,409.5 | 22% |
| Lot Size | 5,000 | 5,274 | 33% |
| Price | $799.0K | $1.03M | 28% |
| Price per sq ft | $743 | $745 | 48% |
| Built year | 1950 | 1927 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 188 | 2% |
Apr 19, 2026
$799,000
Initial Listing