2938 Virginia Road, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 1 bath
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Los Angeles, California 90016
This Charming Craftsman Bungalow is a High-Potential Investment Opportunity, listed at $995,000—positioned well above the $902,389 Fair Market Value by -10%. While priced at a premium, the property features a Condition Rating of 3, showcasing a modern kitchen, updated bath, and a versatile detached bonus space. Located in West Adams near the E Line, it offers a unique lifestyle for Owner-Occupants or first-time buyers who prioritize period character and move-in readiness over immediate equity gains.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2938 Virginia Road Subject | $995,000* List Price | 3 | 1 | 1,164 | $775 | - |
A 2943 Chesapeake Avenue Sold | $950,000 | 3 | 2 | 1,534 | $619 | 0.4 mi |
B 3630 Chesapeake Avenue Sold | $1,215,000 | 3 | 2 | 1,262 | $963 | 0.6 mi |
C 3510 Somerset Active | $1,099,999 List Price | 3 | 2 | 1,284 | $857 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1925, the property features a modern updated kitchen with stainless appliances and subway tile, along with an updated bathroom. The home is well-maintained, move-in ready, and preserves period charm with functional upgrades likely completed within the 5-15 year range.
This 1925 Craftsman bungalow seamlessly blends original period details like oak floors and built-ins with a contemporary updated kitchen and bathroom, offering a turn-key move-in experience.
The property includes a versatile detached structure ideal for a home office or gym, providing valuable additional square footage beyond the main living area.
Ideally situated on a scenic street near popular dining hotspots like Highly Likely and Cento Pasta Bar, with excellent proximity to the E Line and 10 Freeway for easy commuting.
With three bedrooms but only one bathroom, the home's layout may pose logistical challenges for families or multi-resident households, potentially impacting long-term utility.
While the local elementary school is conveniently close, the assigned middle and high schools have low ratings, which may be a concern for education-focused buyers.
On a sycamore-lined street in West Adams, this charming Craftsman bungalow is a wonderful find with room to spread out and a scenic yard. The bright interior is full of period charm: original woodwork and built-ins, a handsome mantelpiece, casement windows, a gorgeous dining room buffet, and warm oak floors throughout. The updated kitchen is well-appointed with a subway tile backsplash, stainless appliances, and a breakfast island. Three bedrooms offer room for all of life's needs, and the bathroom has been updated. French doors off the kitchen lead to your outdoor oasis with a deck for alfresco dining and lounging, a grassy yard, a tranquil tree grove, and a detached bonus space perfect for a home office or gym. Harold & Belle's, Highly Likely, Maydan Market, and CENTO Pasta Bar are all nearby, with easy access to the E Line, 10 Freeway, and DTLA.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.9 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 1,164 | 1,480.5 | 19% |
| Lot Size | 5,301 | 6,001.5 | 38% |
| Price | $995.0K | $1.02M | 48% |
| Price per sq ft | $855 | $731 | 81% |
| Built year | 1925 | 1929 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 140 | 4% |
May 14, 2026
$995,000
Initial Listing
Sep 20, 2016
$365,000
Public Record