2939 Kelton Avenue, Los Angeles, California 90064, Los Angeles, 90064 - bed, bath

2939 Kelton Avenue, Los Angeles, California 90064 home-pic-0
ACTIVE$1,795,000
2939 Kelton Avenue, Los Angeles, California 90064
0Bed
0Bath
1,497Sqft
5,574Lot

Price Vs. Estimate

The estimated value ($1,680,771.7) is $114,228.3 (6%) lower than the list price ($1,795,000). This property may be overpriced.

Key pros and cons

Top Pros:
Detached ADU with Income Potential: The property features a detached Accessory Dwelling Unit (ADU) with a full kitchen, bath, and separate meters, offering significant flexibility for rental income or multi-generational living, a highly desirable asset in the current market.
Top Cons:
Age of Property: Built in 1947, the main structure is over 75 years old. While updates are mentioned, potential buyers may be concerned about the condition of underlying systems (e.g., plumbing, electrical, foundation) that may not have been fully modernized, potentially leading to future maintenance costs.

Compared to the nearby listings

Price:$1.79M vs avg $2.23M ($-430,000)37%
Size:1,497 sqft vs avg 1,940 sqft26%
Price/sqft:$1.2K vs avg $1.1K66%

More Insights

Built in 1947 (78 years old).
Condition: Built in 1947, this property has undergone significant modern updates that elevate its condition beyond typical homes of its age. The inclusion of 'ductless heating and cooling' and a 'detached ADU with a full kitchen and bath' indicates substantial recent investment and modernization, making it move-in ready. While interior photos are not provided to assess the exact style and age of kitchen appliances or bathroom fixtures, the description of 'wood flooring' and 'tile kitchen and baths' suggests updated surfaces. The property appears well-maintained and functional, aligning with the 'Good' criteria for a home that has been extensively renovated within the last 5-15 years, even if not a full, recent overhaul.
Year Built
1947
Close
-
List price
$1.79M
Original List price
$1.83M
Price/Sqft
$1,199
HOA
-
Days on market
-
Sold On
-
MLS number
SB25149275
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

4-bedroom, 3-bathroom home with ADU in Rancho Park, West Los Angeles, offering wood flooring, tile kitchen and baths, and spacious living on a 5,574 sqft lot. Both units will be delivered vacant. Enjoy an open floor plan, ductless heating and cooling, ceiling fans, and a generous backyard with patio for outdoor entertaining. The detached ADU includes a full kitchen, bath, and separate meters, offering flexibility for rental income or multi-generational living. Enjoy proximity to Clover Elementary, Rancho Park Golf Course, The Apple Pan, and the evolving Westside Pavilion. Just minutes from Culver City, Westwood, and UCLA, and near major hubs including TikTok, Apple, Sony Studios, Fox Studios, Amazon Studios, and UCLA Health.

Nearby schools

8/10
Clover Avenue Elementary School
Public,K-50.3mi
9/10
Overland Avenue Elementary School
Public,K-50.6mi
6/10
Richland Avenue Elementary School
Public,K-60.9mi
3/10
Palms Elementary School
Public,K-50.9mi
7/10
Palms Middle School
Public,6-80.6mi
3/10
Daniel Webster Middle School
Public,6-80.7mi
6/10
Alexander Hamilton Senior High School
Public,9-122.0mi
6/10
University Senior High School Charter
Public,9-122.4mi
6/10
University Senior High School
Public,9-122.4mi
6/10
Venice Senior High School
Public,9-122.5mi

Price History

Date
Event
Price
02/15/19
Sold
$1,100,000
Condition Rating
Good

Built in 1947, this property has undergone significant modern updates that elevate its condition beyond typical homes of its age. The inclusion of 'ductless heating and cooling' and a 'detached ADU with a full kitchen and bath' indicates substantial recent investment and modernization, making it move-in ready. While interior photos are not provided to assess the exact style and age of kitchen appliances or bathroom fixtures, the description of 'wood flooring' and 'tile kitchen and baths' suggests updated surfaces. The property appears well-maintained and functional, aligning with the 'Good' criteria for a home that has been extensively renovated within the last 5-15 years, even if not a full, recent overhaul.
Pros & Cons

Pros

Detached ADU with Income Potential: The property features a detached Accessory Dwelling Unit (ADU) with a full kitchen, bath, and separate meters, offering significant flexibility for rental income or multi-generational living, a highly desirable asset in the current market.
Prime West Los Angeles Location: Located in the sought-after Rancho Park neighborhood, the property boasts excellent proximity to top-rated schools (Clover Elementary), recreational facilities (Rancho Park Golf Course), and major employment hubs including UCLA, Culver City, and numerous tech/entertainment studios (TikTok, Apple, Sony, Fox, Amazon).
Vacant Delivery of Both Units: Both the main house and the ADU will be delivered vacant, providing immediate occupancy for an owner-user or allowing for seamless tenant placement without the complexities of existing leases.
Modern Amenities & Outdoor Living: The home offers desirable features such as an open floor plan, ductless heating and cooling, wood flooring, and a generous backyard with a patio, enhancing comfort and providing ample space for outdoor entertaining.
Strong Rental Market Demand: Given its ADU and strategic location near major universities and employment centers, the property is exceptionally well-positioned to attract high-quality tenants, ensuring strong rental demand and potential cash flow.

Cons

Age of Property: Built in 1947, the main structure is over 75 years old. While updates are mentioned, potential buyers may be concerned about the condition of underlying systems (e.g., plumbing, electrical, foundation) that may not have been fully modernized, potentially leading to future maintenance costs.
Modest Main House Square Footage: At 1497 sqft for a 4-bedroom home, the main residence's square footage might be considered modest for the price point and neighborhood, potentially impacting the perception of space and value for larger families.
Recent Price Reduction: The property has undergone a price reduction from its original list price of $1.83M to $1.795M, which could signal initial overpricing or market resistance, potentially influencing buyer perception of its current value.

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