
Los Angeles, California 90018
This Turnkey Spanish Bungalow is a Strong Value Opportunity, listed at $949,000—positioned well below the $967,806 Fair Market Value by 2%. This valuation gap offers $18,806 in Instant Equity. Featuring a Permitted ADU, Paid-off Solar, and an Excellent Condition Rating, the property provides immediate rental income potential or flexible living space. Located in the vibrant Jefferson Park neighborhood, it offers a sophisticated lifestyle for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready, energy-efficient home with significant long-term upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3006 11th Avenue Subject | $949,000* List Price | 3 | 2 | 1,216 | $797 | - |
A 2912 W 30th Sold | $1,105,000 | 3 | 2 | 1,352 | $817 | 0.1 mi |
B 2345 W 30th Street Sold | $1,050,000 | 3 | 2 | 1,286 | $816 | 0.6 mi |
C 4380 W 28th Street Active | $1,099,000 List Price | 3 | 2 | 1,411 | $779 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1925, the property has undergone extensive recent renovations (likely <5 years) including an updated kitchen with modern appliances, updated bathrooms, and the addition of a high-end, permitted ADU. Major systems are in mint condition with a 200-amp electrical panel upgrade, fully paid-off solar, and tankless water heaters, making it move-in ready with no maintenance required.
The property includes a fully permitted, architectural studio ADU with high-end finishes and retractable bi-fold doors, providing immediate potential for rental income, a guest suite, or a premium home office.
Significant capital improvements including fully paid-off solar panels, an upgraded 200-amp electrical panel, and tankless water heaters offer the buyer long-term energy efficiency and reduced utility costs.
Located in the desirable Jefferson Park neighborhood, the home boasts excellent transit connectivity via the Expo and K Lines and is walking distance to the rapidly expanding West Adams dining and cultural scene.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1216, other record living area = 896. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With a total of 1,216 square feet split between two structures on a 3,700 square foot lot, the property may feel small for families requiring large communal spaces or significant private yard area.
The majority of the assigned public schools for this address carry low performance ratings (2-3 out of 10), which could be a drawback for education-focused buyers.
Snag this lovely Spanish Bungalow in Jefferson Park before its gone. With a 2 bed/1 bath main home, plus an architectural, fully permitted studio/1 bath ADU, the property offers a chance to get into this hot, historical neighborhood, while providing versatility. Whether you need a separate workspace, in-laws' quarters, or potential rental income, this beautifully updated home combines charm and functionality. The Spanish bungalow has been lovingly maintained with newly refinished, original wood floors, beautiful original windows and thoughtful updates throughout. The living room is separated from the open floor plan dining and kitchen area with a beautiful arch. Two bedrooms flank an updated bathroom with a large vanity, soaking tub and shower. The backyard is private and surrounded with mature landscaping. A large, shaded patio separates the main home from the ADU, providing the perfect space for entertaining, afternoon lounging or al fresco dining. Step into the ADU through large, retractable bi-fold doors that allow for plenty of natural light. Fireclay tile flooring, statement wallpaper, high ceilings and large windows make the space feel curated and comfortable. Additional upgrades include fully paid-off solar, upgraded 200-amp panel, tankless water heaters, and drought tolerant landscaping with a beautiful blooming palo verde tree in front and Kurapia ground cover in back. With a truly central location, this home offers easy access to the Expo and K Line trains, which can get you to the beach cities, LAX, Culver City and DTLA without having to hop in your car. Experience one of LA's fastest growing dining scenes with Maydan Market, Highly Likely, Johnny's West Adams, Tartine, Mian, Cento Pasta Bar and Raw Bar, Mizlala, Vicky's Cafe, Alta, The Little Room, Taqueria Los Anaya, Apollonia's Pizza, Delicious Pizza and the upcoming The Win-dow Burger just minutes away. Grab a coffee at Halfday down the street as you stroll by bungalows and wave to neighbors. You can't beat this central location in a community that's truly one of the best in the city! Come take a look.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,216 | 1,664.159 |
| Lot Size | 3,700 | 6,066.556 |
| Price | $949.0K | $1.35M |
| Price per sq ft | $780 | $806 |
| Built year | 1925 | 1939 |
| HOA | $0 | $278 |
| Days on market | 34 | 55 |
Aug 6, 2026
$949,000
Initial Listing
Sep 17, 2014
$441,500
Public Record
May 6, 2014
$305,000
Public Record