2844 Avenel Street, Los Angeles, California 90039, Los Angeles, 90039 - 3 bed, 3 bath
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2844 Avenel Street
Los Angeles, California 90039
ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
3Baths
2,049Sq Ft
20,663Lot Size
Property Price
LIST PRICE$1,099,000
EST. MARKET VALUE
$1,142,421
3% BelowMARKET VALUE
SUMMARY
This Turnkey Townhome represents a Strong Value Opportunity, listed at $1,099,000—positioned well below the $1,142,421 Fair Market Value by 3%. This valuation gap provides $43,421 in Instant Equity for the buyer. Featuring a 3-bedroom, 2.5-bath layout with a private deck and attached two-car garage, the property maintains a Condition Rating of 3 with modern kitchen updates. Located in the coveted Ivanhoe Elementary district, this residence is an ideal fit for Owner-Occupants or first-time buyers seeking a move-in ready Silver Lake lifestyle.
Estimated Market Value
$1,142,421+$43,421 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2844 Avenel Street Subject 3 bd · 3 ba · 2,049 sqft · $558 | $1,099,000* List Price | 3 | 3 | 2,049 | $558 | - |
A 2928 Rowena Avenue 3 Active 2 bd · 3 ba · 1,912 sqft · $673 · 0.1 mi | $1,287,500 List Price | 2 | 3 | 1,912 | $673 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1977 but features a clear renovation likely within the 5-15 year range. The kitchen is updated with blue shaker cabinets, stone countertops, and stainless steel appliances. Modern recessed lighting and wood-style flooring throughout indicate the property is well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Silver Lake Location
Situated in the heart of Silver Lake near the Reservoir and within the coveted Ivanhoe Elementary school boundaries, offering exceptional lifestyle appeal and long-term value.
- Spacious and Functional Layout
At over 2,000 square feet, this end-unit townhome features a rare attached two-car garage and flexible bonus space suitable for a home office, gym, or studio.
- Superior Storage Capacity
The residence offers an uncommon amount of closet space and additional storage areas, providing a practical advantage rarely found in comparable neighborhood properties.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2049, other record living area = 1591.
- High Monthly HOA Fees
The association fee of $713 per month is relatively high, which may impact the monthly carrying costs and overall affordability for budget-conscious buyers.
- Lack of Scenic Views
Despite its desirable hillside neighborhood, the property is noted as having no significant views, which is often a highly sought-after feature at this price point in Silver Lake.
About 2844 Avenel Street
3-bedroom, 2.5-bath townhome, set in the heart of Silver Lake, this spacious, private end-unit offers an exceptionally functional layout, generous storage, and the everyday ease of an attached two-car garage. The home provides flexible space for a home office, gym, playroom, or studio while offering the benefit of all bedrooms and 2 full baths on the upper level. Thoughtfully designed for real life, the residence features abundant closet space and remarkable additional storage, an uncommon advantage in the neighborhood. Enjoy close proximity to Ivanhoe Elementary, the Silver Lake Reservoir, neighborhood cafes, shops, restaurants, and the best of Sunset Boulevard, with convenient access to Los Feliz, Atwater Village, and Hollywood.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1977
- Lot Size
- 20,663 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $713.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,049 | 1,252.996 |
| Lot Size | 20,663 | 26,029.603 |
| Price | $1.10M | $778.5K |
| Price per sq ft | $536 | $629 |
| Built year | 1977 | 1981 |
| HOA | $713.0 | $676 |
| Days on market | 62 | 74 |
Pricing History
Listed for Sale
Sep 8, 2026
$1,099,000
Initial Listing
Sold
May 30, 2014
$650,000
Public Record