2901 Gracia Street, Los Angeles, California 90039, Los Angeles, 90039 - 3 bed, 2 bath
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Los Angeles, California 90039
This Contemporary Atwater Village Sanctuary is a Strong Value Opportunity, listed at $1,550,000—positioned well below the $1,716,547 Fair Market Value by 9%. This valuation gap offers $166,547 in Instant Equity. Boasting a Mint, Move-In Ready Condition after a high-end renovation, the home features owned solar, a Tesla charger, and a detached studio. Located near the top-rated Ivanhoe Elementary School (9/10) with unobstructed river views, this is an ideal acquisition for lifestyle-driven buyers or Owner-Occupants seeking a polished, high-upside asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2901 Gracia Street Subject | $1,550,000* List Price | 3 | 2 | 1,852 | $927 | - |
A 2923 Acresite Street Sold | $1,975,000 | 4 | 3 | 2,024 | $976 | 0.1 mi |
B 3634 Brunswick Sold | $1,300,000 | 4 | 2 | 1,484 | $876 | 0.6 mi |
C 3010 Acresite Street Sold | $1,590,000 | 3 | 3 | 1,906 | $834 | 0.1 mi |
D 3041 Atwater Sold | $1,230,000 | 3 | 2 | 1,352 | $910 | 0.7 mi |
E 2615 Silver Ridge Avenue Sold | $1,384,500 | 3 | 2 | 1,730 | $800 | 0.6 mi |
F 3410 Greensward Road Sold | $1,445,000 | 3 | 2 | 1,340 | $1,078 | 0.2 mi |
G 3144 Atwater Active | $1,999,000 List Price | 3 | 4 | 2,127 | $940 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1985, the home has undergone a high-end recent renovation within the last 5 years. The kitchen features modern two-tone cabinetry, designer tile, and stone counters. The property also includes updated systems such as owned solar and a Tesla charger, presenting in mint, move-in ready condition.
Elementary School: Ivanhoe Elementary School (9/10).
Situated in a highly walkable pocket near the LA River and popular local amenities like Proof Bakery and the Farmers Market, offering a quintessential Eastside lifestyle.
The property features owned solar panels, a Tesla charger, and a detached studio building, providing modern efficiency and flexible space for creative or professional use.
With three bedrooms but only two bathrooms, the layout may be less convenient for larger families or guests compared to other homes in this price bracket.
Built in 1985, the home's contemporary architecture may lack the historic character sought by many Atwater Village buyers and could require modern aesthetic updates.
Located in Atwater Village right at the Los Angeles River is this well designed contemporary two story home. Cross the gated generous driveway and enter into a great room space with soaring ceilings and beautiful light fixtures. The open concept living room and dining space is perfect for parties and entertaining. There is even a wood burning fireplace with brick accents. The huge kitchen has loads of counter space and opens into the fully fenced backyard. The patio features a grand pergola and plenty of room for sitting and outdoor dining. At the edge of the backyard is a studio building that could be used for gaming, crafting, writing or creating art. On the main level is one bedroom and full bathroom and upstairs are two additional bedrooms and bathrooms. One of the bedrooms has views of the LA River and mountains beyond. Owned solar and a Tesla charger make this home smart and practical. Plans for an addition on the main level enhance the ability to add value in the future. Close to everything great in Atwater - Proof Bakery, McCall's meats, Wine & Eggs and the weekly Atwater Farmers Market, make this spot a great place to be!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,852 | 1,639.5 | 58% |
| Lot Size | 6,961 | 5,406.5 | 81% |
| Price | $1.55M | $1.46M | 53% |
| Price per sq ft | $837 | $1.1K | 23% |
| Built year | 1985 | 1930 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 144 | 1% |
May 1, 2026
$1,550,000
Initial Listing
Jul 1, 2016
$781,500
Public Record
Feb 24, 2015
$620,000
Public Record
May 1, 2006
$710,000
Public Record