
Los Angeles, California 90065
This Cypress Park Compound is a Strong Value Opportunity, listed at $995,000—positioned well below the $1,086,584 Fair Market Value by 8%. This valuation gap offers $91,584 in Instant Equity for the buyer. Featuring a recently refreshed 1-bedroom ADU and a Mint Condition Rating, the property provides immediate rental income potential or flexible multigenerational living. With City Lights and Hill views and a prime location near the LA River, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2826 Macon Street Subject | $995,000* List Price | 4 | 3 | 1,250 | $869 | - |
A 2659 Thorpe Avenue Sold | $1,060,000 | 3 | 3 | 1,260 | $841 | 0.8 mi |
B 1863 Burnell Drive Sold | $1,175,450 | 3 | 2 | 1,275 | $922 | 0.2 mi |
C 3322 Maceo Street Sold | $975,000 | 0 | 0 | 1,438 | $678 | 0.8 mi |
D 3415 Division Street Sold | $1,027,000 | 2 | 1 | 1,006 | $1,021 | 0.4 mi |
E 3217 Future Street Sold | $1,273,250 | 3 | 2 | 1,505 | $846 | 0.3 mi |
F 3033 Asbury Street Active | $1,199,000 List Price | 4 | 3 | 1,429 | $839 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1921, the property has undergone a high-end, comprehensive renovation within the last 5 years. Images show modern bathrooms with contemporary black fixtures, frameless glass showers, and updated vanities. The description confirms an updated kitchen, a recently refreshed ADU, and new exterior paint, indicating the home is in mint, move-in condition with no immediate maintenance required.
The property features a detached, recently refreshed 1-bedroom ADU with its own private fenced yard and laundry, providing an excellent opportunity for rental income, a guest house, or a dedicated home office.
Tucked behind lush hedges and gated entry, the lot offers a rare sense of seclusion with mature fruit trees and thoughtfully designed outdoor spaces that create a serene 'compound' feel in an urban environment.
Situated in the trendy Cypress Park neighborhood, the home is within walking distance to popular local hotspots like Loquat and Barra Santos, offering a perfect blend of neighborhood charm and city 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 total square feet distributed across four bedrooms and two separate structures, the individual living areas and bedrooms may feel significantly cramped for larger households.
The property is served by several nearby elementary schools with low ratings (as low as 2/10), which may be a deterrent for families prioritizing high-performing public education.
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 | 1,672 |
| Lot Size | 5,916 | 6,067 |
| Price | $995.0K | $1.37M |
| Price per sq ft | $796 | $801 |
| Built year | 1921 | 1939 |
| HOA | $0 | $348 |
| Days on market | 26 | 56 |
Jun 26, 2026
$995,000
Initial Listing
Nov 7, 2022
$1,150,000
Public Record
Sep 21, 2021
$710,000
Public Record