
Los Angeles, California 90065
This Versatile Multi-Unit Compound is a Prime Investment Opportunity, listed at $1,195,000—positioned well below the $1,224,763 Fair Market Value by 2%. This valuation gap offers $29,763 in Instant Equity. Featuring a Mint Condition Rating, the property includes a main residence, a permitted 435 sqft ADU, and a separate studio. With high-end upgrades like earthquake retrofitting and Hardie board siding, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking rental income in a prime NELA location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2823 W Avenue 32 Subject | $1,195,000* List Price | 2 | 2 | 1,627 | $753 | - |
A 2042 Rome Sold | $950,000 | 3 | 3 | 1,764 | $539 | 0.9 mi |
B 3663 Roderick Road Sold | $1,203,663 | 3 | 2 | 1,410 | $854 | 0.6 mi |
C 3847 Sunbeam Drive Sold | $1,320,000 | 3 | 3 | 1,979 | $667 | 0.8 mi |
D 3828 Toland Way Sold | $1,140,000 | 3 | 2 | 1,200 | $950 | 0.7 mi |
E 3868 N Riley Ln Sold | $1,199,000 | 3 | 3 | 1,680 | $714 | 0.7 mi |
F 4020 W Avenue 40 Pending | $1,198,000 List Price | 3 | 3 | 1,649 | $727 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1923 property has undergone a comprehensive modern transformation within the last 5 years. It features a chef's kitchen with quartz countertops and updated appliances, new Hardie board siding, new windows, earthquake retrofitting, and modern mini-split HVAC systems. The condition is mint and move-in ready with no deferred maintenance.
The property features a main residence, a fully permitted 435 sqft ADU, and a separate 152 sqft studio, offering exceptional flexibility for rental income, multi-generational living, or a dedicated creative workspace.
Beyond aesthetic updates, the home includes high-value improvements such as earthquake retrofitting, sound-dampening insulation, new Hardie board siding, and updated windows, ensuring long-term durability and efficiency.
Ideally situated in Glassell Park, the property offers immediate access to trendy hotspots like Dunsmoor and Bub and Grandma's, making it highly attractive for buyers seeking the Northeast LA lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1627, other record living area = 1040.
The main house is limited to 1,040 square feet, which may feel undersized for families or buyers who prioritize a large primary living area over separate auxiliary structures.
Listed at $1.195M for a two-bedroom main residence, the property sits at a high price-per-square-foot that may be a hurdle for value-conscious buyers despite the inclusion of the ADU.
Modern living meets warmth and character at this beautifully transformed 1923 mini-compound in Glassell Park. Tucked behind a privacy fence and lush native landscaping, this thoughtfully updated property offers a rare combination of a stylish main residence, a fully permitted ADU, and a separate studio. The 1,040-square-foot main house is filled with natural light, with picture windows framing garden views and a seamless connection between indoor and outdoor living. At its center is a chef's kitchen with updated appliances, quartz countertops, and a custom wood bookshelf. The serene primary suite features a walk-in closet and French doors opening directly to the backyard, while a second bedroom and full bath complete the home. Beyond the main residence, the property unfolds into a private backyard compound. A fully permitted 435-square-foot ADU offers a spacious flex room, full kitchen, and bath, creating endless possibilities for guests, rental income, or extended family. Nearby, a separate 152-square-foot studio with soaring ceilings and abundant natural light serves as an ideal creative workspace, home office, or retreat. The ADU and studio share a beautifully landscaped yard centered around a mature shade tree and fire pit, creating an inviting setting for both relaxation and entertaining. Additional improvements include new windows throughout, updated and recently resealed exterior doors, rock wool sound-dampening insulation, earthquake retrofitting, and new Hardie board siding on both the main house and ADU. The grounds have been thoughtfully reimagined with new front and rear landscaping, Bermuda grass, and an automatic sprinkler system. The ADU bathroom has also been updated with new flooring. Ideally located near some of Northeast LA's most beloved shops, cafs, and restaurants along both Eagle Rock and York Boulevards, including Dunsmoor, Bub and Grandma's, Capri Club, as well as Loquat Coffee on Cypress, this move-in-ready property offers the best of NELA living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,627 | 1,630.5 | 49% |
| Lot Size | 6,018 | 6,009.5 | 50% |
| Price | $1.20M | $1.24M | 43% |
| Price per sq ft | $734 | $766 | 42% |
| Built year | 1923 | 1955 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 143 | 1% |
Jun 4, 2026
$1,195,000
Initial Listing
May 11, 2020
$910,000
Public Record
May 10, 2017
$775,000
Public Record
Jun 3, 2016
$550,000
Public Record
Jul 14, 2000
$167,000
Public Record