
Los Angeles, California 90018
This Dual-Residence Craftsman Compound is a Strong Value Opportunity, listed at $1,249,000—positioned well below the $1,268,258 Fair Market Value by 1.5%. This valuation gap offers $19,258 in Instant Equity. Featuring a Mint Condition Rating with modernized infrastructure and versatile bonus studios, this property provides exceptional flexibility for rental income or multigenerational living. Located in the Jefferson Park HPOZ, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating urban retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3026 6th Avenue Subject | $1,249,000* List Price | 4 | 4 | 2,224 | $570 | - |
A 2122 W 29th Street Sold | $1,430,000 | 5 | 3 | 2,458 | $582 | 0.6 mi |
B 3500 10th Avenue Sold | $1,330,000 | 4 | 4 | 2,484 | $535 | 0.3 mi |
C 2931 S Bronson Avenue Sold | $1,307,500 | 4 | 3 | 2,000 | $654 | 0.6 mi |
D 2093 W 28th Street Sold | $1,205,000 | 2 | 2 | 2,020 | $597 | 0.7 mi |
E 2301 9th Sold | $1,340,000 | 3 | 3 | 2,168 | $618 | 0.7 mi |
F 2058 W 30th Street Sold | $875,000 | 3 | 3 | 1,976 | $443 | 0.7 mi |
G 2057 W 28th Street Sold | $1,072,000 | 3 | 3 | 1,550 | $692 | 0.8 mi |
H 2274 W 21st Street Sold | $1,525,000 | 4 | 3 | 3,048 | $500 | 0.9 mi |
I 3342 W 27th Street Active | $1,298,900 List Price | 3 | 4 | 2,160 | $601 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1915 build date, the property has undergone a comprehensive modern renovation within the last 5 years. The interiors feature vaulted ceilings, high-end kitchens with stainless steel appliances and farmhouse sinks, and designer bathrooms with contemporary tiling and fixtures. Crucially, all major systems including plumbing, electrical, and central HVAC have been updated, placing it in mint, move-in-ready condition.
The property features two distinct, legal craftsman bungalows on a single lot, offering exceptional flexibility for rental income, multigenerational living, or a guest house without the need for additional ADU permitting.
Both residences have been upgraded with modern plumbing, electrical systems, and central HVAC, plus separate utility meters, significantly reducing immediate capital expenditure for the buyer.
A separate bonus building divided into two private studios provides dedicated space for home offices, art retreats, or fitness rooms, maximizing the functional utility of the lot.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2224, other record living area = 1910.
The assigned public schools for this address, including Audubon Middle and Dorsey High, currently hold low performance ratings, which may be a drawback for families prioritizing local education.
Located within the Jefferson Park Historic Preservation Overlay Zone, the property is subject to strict design guidelines that may limit or complicate future exterior renovations and additions.
A rare Jefferson Park offering: two vacant separate craftsman bungalows on one lot, each with its own address. This is not a primary residence with a later-added ADU, but rather two distinct homes offering exceptional flexibility for rental income, multigenerational living, guests, or a dedicated work-from-home retreat. The spacious 3 bedroom plus an office front home pairs its original Craftsman exterior with a thoughtful modern interior update, creating an airy, open layout with soaring vaulted ceilings, beautifully updated living spaces, and abundant natural light from period windows. The kitchen opens to a generous deck for easy indoor-outdoor living, while multiple bedrooms, including a private primary suite and several flexible rooms provide space for family, guests, work, and play. Tucked behind the main house, the separate one-bedroom residence is filled with lovingly preserved period character, including original wood floors, built-ins, substantial crown moldings, period light fixtures, and an impressive original Murphy bed. With its own private entrance, kitchen, bath, laundry, and outdoor space, it offers everything buyers often seek in an ADU income potential, independence, and privacy already built as a legal second residence, without the need to create or permit an additional dwelling unit. Another, separate, bonus structure is divided into two private spaces, giving each residence its own additional space outside the home. Use each as an art or design studio, home office, yoga or workout room, workshop, creative retreat, or simply exceptional storage. Both homes feature updated plumbing and electrical systems, laundry, central heat and AC, and separate meters. The backyard is shaded by mature, fruit-bearing Hass avocado trees and can remain open as one shared garden, or be divided to create distinct private outdoor spaces for each residence. Perfectly situated near USC, Culver City, and Downtown Los Angeles, with easy Metro access, the property is also close to neighborhood favorites, including Fuegos, Johnny's Pastrami, Cafe 5, and the Papi's Tacos walk-up window. Set within the Jefferson Park Historic Preservation Overlay Zone, this is a true urban retreat with the flexibility buyers are searching for: live in one and rent the other, accommodate extended family, or enjoy two completely separate homes on one historic Los Angeles property. Also listed as an income property, MLS #26908829.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,224 | 1,664.159 |
| Lot Size | 5,751 | 6,066.556 |
| Price | $1.25M | $1.35M |
| Price per sq ft | $562 | $806 |
| Built year | 1915 | 1939 |
| HOA | $0 | $278 |
| Days on market | 12 | 55 |
Aug 28, 2026
$1,249,000
Initial Listing
Apr 23, 2019
$1,046,000
Public Record
May 17, 2017
$578,500
Public Record