
Los Angeles, California 90036
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $2,488,000, which is priced slightly above the $2,449,662 Fair Market Value. Featuring a Mint Condition Rating and a recently remodeled chef's kitchen, this property offers immediate luxury living. The inclusion of approved plans for two additional units provides significant long-term value-add potential through rental income. With a private pool and versatile layout, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage multi-unit development potential in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 313 S Sycamore Avenue Subject | $2,488,000* List Price | 5 | 5 | 2,726 | $899 | - |
A 323 S Orange Drive Sold | $2,800,000 | 4 | 5 | 3,267 | $857 | 0.1 mi |
B 120 S Fuller Avenue Sold | $2,337,500 | 5 | 3 | 2,802 | $834 | 0.5 mi |
C 846 S Cloverdale Sold | $2,098,000 | 3 | 4 | 2,620 | $801 | 0.7 mi |
D 358 S Sycamore Avenue Sold | $2,480,000 | 4 | 3 | 2,503 | $991 | 0.1 mi |
E 613 N Detroit Street Sold | $1,810,000 | 5 | 4 | 2,684 | $674 | 1.0 mi |
F 821 S Cloverdale Avenue Sold | $2,095,000 | 4 | 3 | 2,344 | $894 | 0.6 mi |
G 826 S Highland Avenue Sold | $1,795,000 | 4 | 3 | 2,549 | $704 | 0.7 mi |
H 348 S Orange Drive Active | $2,695,000 List Price | 4 | 5 | 2,934 | $919 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been recently remodeled (under 5 years) featuring a high-end chef's kitchen with a waterfall island, premium stainless appliances, and modern spa-like bathrooms. Visuals confirm mint condition with updated flooring, recessed lighting, and contemporary finishes throughout, requiring no maintenance.
The property includes approved plans to convert the garage and storage room into two additional units (approx. 1,069 total sqft), offering a rare opportunity for rental income or multi-generational living.
Recently remodeled, the home features a chef's kitchen with a 6-burner stove, an oversized center island, and a spa-like primary suite, providing a move-in-ready experience with contemporary aesthetics.
The open floor plan and designated dining area offer direct access to a private, gated backyard featuring a pool, creating a seamless flow for hosting and relaxation in a prime urban setting.
With the existing pool and the proposed addition of two more units on a 6,511 sqft lot, the remaining usable outdoor space and privacy between structures may be significantly compromised.
The buyer is responsible for independently verifying all permits and feasibility for the approved plans, which may involve complex city requirements and additional investment to realize the full development potential.
Welcome to this recently remodeled 5-bedroom, 5-bathroom home featuring a pool and approved plans for the opportunity to create two additional units. Privately gated for enhanced privacy and security, the property is thoughtfully designed to maximize the usability of the entire lot. Filled with natural light, the home boasts an open floor plan with abundant windows throughout. The main level welcomes you into a spacious living room with a fireplace, seamlessly connected to a light-filled sunroom an ideal retreat for quiet relaxation or reading. The space flows effortlessly into the chef's kitchen, complete with a 6-burner stove, pantry, oversized center island with bar seating, and ample space for a family breakfast. Adjacent to the kitchen is the designated dining area with direct access to the backyard, creating an ideal indoor-outdoor flow for entertaining around the pool. The first floor features three bedrooms and three bathrooms, offering a functional and versatile layout. Upstairs, you'll find two additional bedrooms with balconies, including the spacious primary suite, a study/office, and two bathrooms. The generously sized primary suite features a spa-like bathroom with a soaking tub and access to a private balcony.Adding to the property's appeal are approved plans for two additional units: (1) conversion of the existing storage room into an approximately 554 SF, 1-bedroom, 1-bathroom unit, and (2) conversion of the existing garage into an approximately 515 SF, 1-bedroom, 1-bathroom unit. Buyer is advised to independently verify all information, including but not limited to permits, square footage, approved plans, intended uses of spaces, development potential, feasibility, and all related requirements with appropriate professionals and applicable city departments.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 2,726 | 1,672 |
| Lot Size | 6,511 | 6,067 |
| Price | $2.49M | $1.37M |
| Price per sq ft | $913 | $801 |
| Built year | 1923 | 1939 |
| HOA | $0 | $348 |
| Days on market | 39 | 56 |
Jun 13, 2026
$2,488,000
Initial Listing
Jan 16, 2025
$1,725,000
Public Record