2814 Idell Street, Los Angeles, California 90065, Los Angeles, 90065 - 4 bed, 2 bath
Loading property details...
Los Angeles, California 90065
This Turnkey Dual-Unit Residence is a Strong Value Opportunity, listed at $1,250,000—positioned well below the $1,290,000 Fair Market Value by 3%. This valuation gap offers $40,000 in Instant Equity. The property features a remodeled 3-bedroom Craftsman and a detached 1-bedroom guest house on an LARD2 lot, boasting an Excellent Condition Rating with new HVAC and plumbing. Located in Cypress Park near Dorris Place Elementary, it provides immediate "house hack" potential and rental upside. This is an ideal opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2814 Idell Street Subject | $1,250,000* List Price | 4 | 2 | 1,694 | $694 | - |
A 3322 Maceo Street Sold | $975,000 | 0 | 0 | 1,438 | $678 | 0.4 mi |
B 229 Isabel Street Sold | $1,200,018 | 3 | 3 | 1,352 | $888 | 0.6 mi |
C 3322 Maceo Sold | $975,000 | 4 | 2 | 1,438 | $678 | 0.4 mi |
D 2659 Thorpe Avenue Sold | $1,060,000 | 3 | 3 | 1,260 | $841 | 0.4 mi |
E 2900 Asbury Street Active | $995,000 List Price | 4 | 2 | 1,642 | $606 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive, fully permitted renovation within the last 5 years, effectively bringing the 1953 structure to modern standards. Both detached units feature high-end finishes including shaker-style cabinetry, quartz countertops, and stainless steel appliances. Major systems have been completely updated, including new roofing, copper plumbing, high-efficiency HVAC, and a 200-amp electrical service. With refinished original hardwoods, new dual-pane windows, and fresh interior/exterior paint, the property shows no signs of deferred maintenance and meets the criteria for excellent condition.
The property features two detached, fully permitted homes on a single lot, providing exceptional flexibility for multi-generational living or high-yield rental income through house hacking.
Both residences have undergone extensive permitted renovations, including new roofs, copper plumbing, dual-pane windows, and high-efficiency HVAC systems, significantly minimizing future capital expenditures.
With a list price below a recent appraisal of $1,290,000 and no existing rental history, the buyer gains instant equity and a clean slate to maximize market-rate rents from day one.
The main Craftsman home offers three bedrooms but only one bathroom, which may be a significant limitation for larger families or high-end rental tenants seeking modern convenience.
Several assigned elementary schools in the immediate area carry low ratings (2-4), which could impact long-term resale appeal for families prioritizing public education.
Behind the gates at 2814 + 2816 Idell Street sits the kind of Cypress Park property buyers search for and rarely find: two detached, fully remodeled, fully permitted homes on one lot, configured as a legal duplex on an LARD2 lot. This is the sweet spot between single family charm and multifamily upside, offering the flexibility today's buyers want most whether that means living in one and renting the other, creating space for multi generational living, securing a turnkey income property, or holding a Los Angeles investment property with long term potential. Even better, there is no rental history, giving the next owner a clean slate to set the strategy, choose the tenant profile, and maximize the opportunity from day one. The front home, 2814 Idell, is a beautifully reworked 3 bedroom, 1 bathroom Craftsman that still knows exactly what made it special in the first place. Refinished original hardwood floors, abundant natural light, and a fireplace with period character give the home soul, while the updated shaker kitchen with quartz countertops brings a crisp, current finish that buyers love. Just beyond, 2816 Idell is a detached 1 bedroom, 1 bathroom second home with its own kitchen, bath, and living space, ready to function as a rental unit, guest house, private office, or independent residence for extended family. Both homes have been extensively upgraded with the kind of improvements that matter: new roof, copper plumbing, dual pane windows, high efficiency HVAC, 200 amp dual meter electrical, and fresh interior and exterior paint. This is the rare listing that delivers both emotional appeal and practical value. And then there is the location. Cypress Park has become one of the most closely watched neighborhoods in Northeast Los Angeles, drawing buyers looking for community, convenience, and upside. From here, you are moments from Loquat Coffee, Golden Poppy Market, and Shin's Pizza, with quick access to Highland Park, Eagle Rock, Atwater Village, Downtown LA, the LA River bike path, and major freeways. For buyers searching terms like duplex for sale Los Angeles, two homes on one lot, Cypress Park income property, multifamily investment, house hack opportunity, or remodeled Craftsman with guest house, 2814 + 2816 Idell Street checks every box. A full permit and report package is available, along with two appraisals on file, including one at $1,290,000.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 79% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,694 | 1,662 | 56% |
| Lot Size | 5,653 | 5,769.5 | 49% |
| Price | $1.25M | $1.24M | 52% |
| Price per sq ft | $738 | $763 | 40% |
| Built year | 1953 | 1951 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 174 | 4% |
Mar 6, 2026
$1,250,000
Initial Listing
Aug 13, 2024
$845,000
Public Record
Jul 3, 2024
$725,000
Public Record