
Los Angeles, California 90032
This Versatile El Sereno Residence is a Strong Value Opportunity, listed at $799,000—positioned well below the $866,911 Fair Market Value by 7%. This valuation gap provides $67,911 in Instant Equity for the incoming buyer. Maintaining a Condition Rating of 4, the home is move-in ready while offering significant upside through its detached two-car garage and dual street access, which are ideal for an ADU conversion. The flexible four-bedroom layout and expansive concrete patio balance immediate livability with long-term appreciation. This is a strategic acquisition for Owner-Occupants or House-Hackers looking to maximize rental potential in a central Los Angeles community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2811 Budau Avenue Subject | $799,000* List Price | 4 | 2 | 1,746 | $497 | - |
A 3303 Paola Sold | $975,000 | 4 | 2 | 1,849 | $527 | 0.6 mi |
B 2353 Bullard Avenue Sold | $807,000 | 3 | 2 | 1,596 | $506 | 0.5 mi |
C 2916 Vaquero Sold | $790,000 | 3 | 2 | 1,342 | $589 | 0.3 mi |
D 5020 Cavanagh Road Sold | $935,000 | 2 | 3 | 1,693 | $552 | 0.6 mi |
E 2639 Round Active | $999,000 List Price | 4 | 2 | 1,746 | $572 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready but features dated elements consistent with a home that has not undergone a full recent renovation. The kitchen shows older patterned tile and scalloped wood trim, the living room has a vintage stone fireplace, and the home lacks central cooling, relying on ceiling fans. While clean and functional, the styles and systems reflect older update cycles.
The property features rare dual street access with a detached two-car garage at the rear, providing an ideal footprint for an ADU conversion with a private, separate entrance.
With four bedrooms and a flexible configuration—including a connected room setup—the layout is perfectly suited for a primary suite with an integrated home office, nursery, or private retreat.
The backyard offers an expansive concrete patio and mature fruit trees, designed for effortless outdoor entertaining and minimal upkeep for busy homeowners.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1746, other record living area = 1359.
The residence relies on ceiling fans rather than a central HVAC system, which may be a significant drawback for buyers during the peak heat of Los Angeles summers.
The walkthrough configuration of the downstairs bedrooms may compromise privacy for certain living situations, such as roommates or older children requiring independent access.
Set within the established and conveniently located El Sereno neighborhood, this inviting residence presents a thoughtfully designed layout filled with natural light and effortless livability. A welcoming front porch introduces a bright living room centered around a classic fireplace, creating a warm and refined gathering space. The dining area connects seamlessly to the kitchen and is complemented by a ceiling fan, offering both comfort and functionality for everyday living and entertaining. Washer and dryer hookups are conveniently located just off the kitchen. The home’s versatile floor plan includes three bedrooms on the main level and an additional bedroom upstairs. One of the downstairs bedrooms is connected to another, lending itself to a flexible configuration ideal for a primary suite with an adjoining office, nursery, or private retreat. Each bedroom is appointed with a ceiling fan, enhancing comfort throughout the home. The backyard is designed for ease and enjoyment, featuring an expansive concrete patio with select planter areas and a mature lemon tree, all curated for low-maintenance outdoor living. The property spans from one street to the other, offering valuable dual street access. A detached two-car garage is positioned at the rear of the lot with access from the back street, creating an excellent opportunity for an ADU conversion with separate entrance and privacy. Complete with two bathrooms and a well-balanced blend of comfort and flexibility, this home offers a wonderful opportunity in one of Los Angeles’ most charming and centrally positioned communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 85% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,746 | 1,230.5 | 84% |
| Lot Size | 4,346 | 5,403 | 13% |
| Price | $799.0K | $862.5K | 40% |
| Price per sq ft | $458 | $690 | 9% |
| Built year | 1938 | 1942 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 177 | 1% |
Apr 10, 2026
$799,000
Initial Listing