281 E Avenue 33, Los Angeles, California 90031, Los Angeles, 90031 - 3 bed, 3 bath
281 E Avenue 33
Los Angeles, California 90031
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 281 E Avenue 33 Subject | $959,000* List Price | 3 | 3 | 1,809 | $476 | - |
A 133 W Avenue 31 Sold | $685,000 | 3 | 2 | 1,768 | $387 | 0.4 mi |
B 541 E Avenue 39 Sold | $1,117,000 | 3 | 4 | 1,890 | $591 | 0.4 mi |
C 545 E Avenue 28 Sold | $730,000 | 2 | 2 | 1,228 | $594 | 0.2 mi |
D 127 E Avenue 45 Sold | $765,000 | 3 | 2 | 1,426 | $536 | 0.8 mi |
E 2700 Lincoln Park Avenue Active | $765,000 List Price | 3 | 1 | 1,470 | $520 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This 1895 Victorian is marketed as a developer/flipper opportunity and requires a total rehabilitation. The interior shows significant deferred maintenance, including exposed ceiling joists, outdated surface-mounted electrical conduit, and primitive kitchen and bathroom facilities. The listing's requirement for cash, 203(k), or construction financing indicates the property likely fails to meet basic habitability standards for traditional lending.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
- Historical Victorian Charm
Built in 1895, this rare Victorian treasure retains significant original character, including hardwood floors, vintage windows, and timeless architectural details.
- High Investment Potential
With a history of functioning as a duplex and a layout suited for reimagining, this property offers a prime opportunity for developers and flippers to maximize ROI.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1809, other record living area = 1359. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
- Financing Restrictions
The requirement for Cash, 203(k), Construction, or Hard Money loans indicates the property may not qualify for traditional conventional financing.
- Extensive Renovation Needed
Marketed specifically to developers and flippers, the home likely requires a substantial capital investment to address deferred maintenance and modernization.
About 281 E Avenue 33
Step into 1895 and discover a rare Victorian treasure. Only the second time on the market for more than 70 years. This property is set up as a house, and yet it was functioning as a Duplex for decades. Perfect opportunity for developers and flippers, prime location, endless potential, and ready to be reimagined for maximum return. This 3-bedroom, 3-bath home overflows with original character, hardwood floors, vintage windows, and timeless architectural charm. Tucked away on a quiet cul-de-sac, it backs up to a road and offers mountain and downtown skyline views in a peaceful, park-like setting. The garden, patios, and outdoor entertaining areas invite you to enjoy nature right at your doorstep, bordering Montecito Heights Open Space and hiking trails. Just minutes from Highland Park, Debs Park, and Heritage Square Museum. Parking for two cars. A one-of-a-kind opportunity to own a true piece of Los Angeles history. *** This property will need to be purchased with Cash, a 203(k) Loan, Construction Financing, or a hard money loan. ***
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1895
- Lot Size
- 5,954 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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
Hillside Elementary School
Grades K-5 • 0.2 mi
Loreto Street Elementary School
Grades K-5 • 0.4 mi
Latona Avenue Elementary School
Grades K-6 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 1,809 | 1,402.5 | 76% |
| Lot Size | 5,954 | 4,950.5 | 65% |
| Price | $959.0K | $944.5K | 53% |
| Price per sq ft | $530 | $724 | 24% |
| Built year | 1895 | 1926 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 175 | 6% |
Pricing History
Listed for Sale
Jan 28, 2026
$959,000
Initial Listing
Sold
May 26, 2022
$1,005,000
Public Record