
Los Angeles, California 90065
This Cypress Park Compound represents a Prime Investment Opportunity, listed at $1,149,000—positioned well below the $1,181,730 Fair Market Value by 2%. This valuation gap offers $32,730 in Instant Equity. Featuring a Mint Condition Rating with a fully updated main residence and a detached ADU, the property offers immediate rental income potential. With City Lights and Hill Views and a private garden setting, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready urban asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2826 Macon Street Subject | $1,049,000* List Price | 4 | 3 | 1,250 | $902 | - |
A 3033 Asbury Street Sold | $1,235,000 | 4 | 3 | 1,429 | $864 | 0.3 mi |
B 1863 Burnell Drive Sold | $1,175,450 | 3 | 2 | 1,275 | $922 | 0.2 mi |
C 1838 Kilbourn Street Sold | $1,065,000 | 2 | 2 | 1,052 | $1,012 | 0.2 mi |
D 2717 W Avenue 30 Sold | $1,150,000 | 3 | 2 | 1,256 | $916 | 0.8 mi |
E 2659 Thorpe Avenue Sold | $1,060,000 | 3 | 3 | 1,260 | $841 | 0.8 mi |
F 2823 W Avenue 32 Sold | $1,352,823 | 2 | 2 | 1,627 | $831 | 0.9 mi |
G 3217 Future Street Sold | $1,273,250 | 3 | 2 | 1,505 | $846 | 0.3 mi |
H 3352 Scarboro Street Active Under Contract | $1,350,000 List Price | 3 | 2 | 1,491 | $905 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation within the last 5 years, featuring a modern kitchen with stainless steel appliances, fully updated bathrooms with contemporary black hardware and designer tiling, and new flooring throughout. Both the main residence and the detached ADU are in mint, move-in ready condition with no visible maintenance needs.
The property includes a detached 1-bedroom, 1-bathroom ADU with its own private fenced yard and laundry, offering excellent versatility for rental income, a home office, or multigenerational living.
Set behind lush hedges and mature fruit trees, this gated property provides a rare sense of privacy and a seamless indoor-outdoor lifestyle with dedicated garden spaces for both the main house and ADU.
Located in one of Northeast LA's most sought-after pockets, the home is within walking distance to trendy hotspots like Loquat and Barra Santos, combining neighborhood charm with high urban accessibility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1250, other record living area = 832. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
With only 1,250 square feet split between two separate residences and a total of four bedrooms, the individual living areas and bedrooms are likely to feel quite compact.
The property is served by several local elementary schools with low performance ratings (as low as 2/10), which may be a drawback for families prioritizing public education quality.
Tucked behind lush hedges and framed by mature fruit trees, this thoughtfully curated Cypress Park compound offers a rare blend of privacy, flexibility, and quintessential indoor-outdoor living. Comprised of a beautifully updated 3-bedroom, 2-bathroom main residence and a detached 1-bedroom, 1-bathroom ADU, the property unfolds as a series of thoughtfully designed spaces that feel both connected and distinctly their own - perfect for owner-users, multigenerational living, or rental income property. A gated entry leads through a garden-lined pathway to the main residence, where a charming living and dining area serves as the heart of the home. The updated kitchen connects seamlessly to the living spaces and dedicated laundry closet. At the rear of the home, the primary suite features an en-suite bathroom and views of the surrounding greenery. The two additional bedrooms share a Jack-and-Jill bathroom, while generous windows throughout the home frame garden views and fill the interiors with natural light. Just beyond the main residence, a spacious backyard extends the living space outdoors with mature landscaping and ample room for dining, entertaining, or relaxing. Both the main residence and ADU have been recently refreshed, with newly painted exteriors, enhancing the property's cohesive, well-maintained appearance. The property also includes a covered carport, offering convenient off-street parking. Positioned toward the rear of the property, the detached ADU enjoys its own fenced outdoor living area, creating a sense of separation and privacy from the main home. The 1 bed, 1 bath residence includes a living area, kitchen, bathroom, and in-unit laundry, making it well-suited for guests, a home office, or supplemental income. A generous covered patio overlooks the private yard, providing an additional space for outdoor dining and gathering. Quietly emerging as one of Northeast Los Angeles' most compelling pockets, Cypress Park combines longtime local favorites alongside some of the city's most exciting new openings. Start your morning with coffee and a pastry at Loquat, grab a mid-day slice at Shins, and meet friends for dinner at Barra Santos. Minutes from the LA River bike path, Rio de Los Angeles State Park, and other favorite Eastside neighborhoods, this location strikes the ideal balance between neighborhood charm and urban accessibility.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,250 | 1,664.159 |
| Lot Size | 5,916 | 6,066.556 |
| Price | $1.05M | $1.35M |
| Price per sq ft | $839 | $806 |
| Built year | 1921 | 1939 |
| HOA | $0 | $278 |
| Days on market | 48 | 55 |
Aug 20, 2026
$1,049,000
$1,149,000
-9% Price Drop
Initial Listing
Jul 23, 2026
$1,149,000
Initial Listing
Nov 7, 2022
$1,150,000
Public Record
Sep 21, 2021
$710,000
Public Record