
Los Angeles, California 90033
This 1921 Craftsman bungalow is a Strong Value Opportunity, listed at $699,000—positioned well below the $723,349 Fair Market Value by 3%. This valuation gap offers $24,349 in Instant Equity for the buyer. Featuring a Good Condition Rating with a brand-new roof and restored historic details, the property offers significant expansion potential on its 5,854 sqft lot. With stunning City Lights and Mountain views, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a character-rich residence near DTLA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2811 Winter Subject | $699,000* List Price | 3 | 1 | 1,302 | $556 | - |
A 2052 Sheridan Sold | $760,000 | 4 | 2 | 1,344 | $565 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1921, the property features significant modern updates including a brand-new roof and fresh exterior paint. The interior is move-in ready with updated flooring and a renovated bathroom vanity/tile. The kitchen is functional with newer counters and fridge, though the cabinets and stove are older, placing it firmly in the 'Good' category rather than 'Excellent'.
This 1921 Craftsman bungalow perfectly preserves original architectural details like built-in bookcases and high ceilings while offering peace of mind with a brand-new roof and restored windows.
Perched on a hilltop, the property provides stunning views of the Los Angeles skyline and is ideally situated just minutes from the Arts District and DTLA, offering a serene escape near urban hubs.
The generous 5,854 sqft lot includes a large rear yard that serves as a blank canvas, providing significant potential for a custom outdoor retreat or the addition of an ADU.
With three bedrooms and only one bathroom, the layout may be a drawback for larger households or buyers looking for a more modern bed-to-bath ratio.
As a century-old home built in 1921, buyers should anticipate potential ongoing maintenance or hidden costs associated with aging plumbing and electrical systems typical of the era.
Step onto the front porch of this bungalow and you’ll immediately understand why the current owners spent so much time here. Perched to catch a summer night breeze, a stunning sunset and a moon over the Los Angeles skyline. This 1921 Craftsman bungalow perfectly blends historic soul with modern updates. The interior shines with beautifully preserved details, including high ceilings, original built-in bookcases, a classic tiled fireplace, and meticulously restored double-hung windows that flood the space with light. You’ll have total peace of mind thanks to a brand-new roof, fresh exterior paint, and a stylish new driveway gate. Beyond the long driveway lies a generous rear lot—a true blank canvas offering incredible potential for expansion or a custom outdoor retreat. Located just minutes from the Arts District, DTLA, and major transit hubs, this hilltop gem offers a serene escape right in the heart of the city.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,302 | 1,664.159 |
| Lot Size | 5,854 | 6,066.556 |
| Price | $699.0K | $1.35M |
| Price per sq ft | $537 | $806 |
| Built year | 1921 | 1939 |
| HOA | $0 | $278 |
| Days on market | 26 | 55 |
Aug 14, 2026
$699,000
Initial Listing