
Los Angeles, California 90020
Analysis of 3121 W 3rd Street, Los Angeles, California 90020 is currently available with a list price of $782,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Although built in 1948, the property has undergone significant high-quality renovations including a remodeled kitchen with stainless steel appliances (Bosch/GE Café) and custom cabinetry. Key systems are updated, including a sewer line replacement in 2019 and modern split-unit HVAC. The home is well-maintained, move-in ready, and features refinished original flooring and custom woodwork.
Owned by a Hollywood studio carpenter, the home features high-quality custom woodwork, handmade moldings, and cabinetry that provide a level of character and detail rarely seen in this price bracket.
The property includes a rare attached two-car garage with an impressive 14-foot sectional door, offering significant utility and secure parking in the high-density Koreatown area.
The residence boasts a high-end remodeled kitchen with GE Café and Bosch appliances, alongside critical infrastructure updates like a rebuilt sewer line and substantial structural joists.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 821, living area = 902.
With only 902 square feet of living space and a very small 821-square-foot lot, the property lacks traditional yard space and may feel restrictive for those needing more room to expand.
The asking price represents a premium valuation per square foot, which may be a concern for appraisal-sensitive buyers or those comparing it to larger suburban alternatives.
A truly one-of-a-kind home in the heart of Korea-town, offering an incredible amount of character, craftsmanship, and functionality within its compact footprint. This unique 2-bedroom, 2-bath residence features 9-foot ceilings on both levels, abundant built-ins and storage, and a rare attached 2-car garage with an impressive 14-foot sectional door. Lovingly owned for the past 20 years by a Hollywood studio carpenter, the home showcases custom woodwork throughout, including handmade moldings, cabinetry, refinished doors, updated hardware, and a gas fireplace. The remodeled kitchen features custom cabinetry, granite and butcher-block countertops, stainless steel appliances, a GE Caf 5-burner gas range, and Bosch dishwasher. Additional highlights include original wide-plank oak flooring upstairs, a charming winding staircase, wood blinds, and a security system. Originally built in 1948 by a civil engineer, the home features substantial construction with 2x12 floor and roof joists on 12-inch centers. The sewer line was rebuilt in 2019. Small in footprint but remarkably big in personality, this is a rare opportunity to own a distinctive single-family home with a 2-car garage in the heart of Los Angeles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 902 | 1,664.159 |
| Lot Size | 821 | 6,066.556 |
| Price | $782.0K | $1.35M |
| Price per sq ft | $867 | $806 |
| Built year | 1948 | 1939 |
| HOA | $0 | $278 |
| Days on market | 28 | 55 |
Aug 12, 2026
$782,000
Initial Listing
Jan 5, 2021
$650,000
Public Record
Aug 23, 2000
$115,000
Public Record
Jun 14, 1996
$85,000
Public Record
Feb 2, 1996
$26,500
Public Record