
Los Angeles, California 90034
This Dual-Unit Residential Property represents a Strong Value Opportunity, listed at $1,650,000—positioned well below the $1,676,835 Fair Market Value by 1.6%. This valuation gap offers $26,835 in Instant Equity. Featuring a Condition Rating of 2, the property includes a renovated Spanish-style home and a modern rear unit, providing immediate rental income. This versatile layout is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through high-demand rental potential in a prime Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3130 Hutchison Avenue Subject 4 bd · 3 ba · 2,239 sqft · $730 | $1,595,000* List Price | 4 | 3 | 2,239 | $730 | - |
A 2843 S Holt Avenue Sold 3 bd · 3 ba · 1,885 sqft · $804 · 0.1 mi | $1,515,000 | 3 | 3 | 1,885 | $804 | 0.1 mi |
B 8920 Cadillac Avenue Sold 4 bd · 4 ba · 2,304 sqft · $722 · 0.5 mi | $1,662,500 | 4 | 4 | 2,304 | $722 | 0.5 mi |
C 2431 S Holt Sold 3 bd · 2 ba · 1,616 sqft · $888 · 0.3 mi | $1,435,000 | 3 | 2 | 1,616 | $888 | 0.3 mi |
D 2201 Hillsboro Avenue Sold 4 bd · 4 ba · 2,768 sqft · $703 · 0.7 mi | $1,945,000 | 4 | 4 | 2,768 | $703 | 0.7 mi |
E 5819 Ernest Avenue Sold 5 bd · 3 ba · 2,958 sqft · $592 · 0.8 mi | $1,750,000 | 5 | 3 | 2,958 | $592 | 0.8 mi |
F 3252 Cattaraugus Avenue Active 6 bd · 4 ba · 2,331 sqft · $729 · 0.2 mi | $1,700,000 List Price | 6 | 4 | 2,331 | $729 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a brand-new or recently constructed modern rear unit and a meticulously renovated Spanish-style front home. Interior photos show high-end contemporary finishes, a modern kitchen with stainless steel appliances and a waterfall island, recessed lighting, and central HVAC, indicating a comprehensive update or new construction within the last 5 years.
The modern rear unit is currently rented for $3,200 per month, offering a substantial opportunity for homeowners to offset mortgage payments or for investors to secure immediate cash flow.
The property uniquely combines a charming 1926 Spanish-style front residence featuring arched doorways and terracotta tiles with a sleek, modern rear unit, catering to diverse aesthetic preferences.
With two distinct living spaces totaling over 2,200 square feet, the layout is ideal for multi-generational families, a dedicated home office, or a private guest house setup.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2239, other record living area = 2197.
With two large structures occupying a 5,042 square foot lot, the property likely has limited private outdoor yard space, which may be a drawback for buyers seeking extensive gardens or play areas.
The front unit dates back to 1926, which may necessitate ongoing maintenance or costly updates to plumbing, electrical, and structural systems compared to the modern rear addition.
We are pleased to present 3130-3132 Hutchison Avenue. Charming Spanish-Style Front Unit with Modern Back Unit! This unique property features a charming 3-bedroom, 2-bathroom Spanish-style front residence with 1,166 sq ft of timeless character, including beautiful arched doorways and terracotta tile details. The rear unit offers a sleek, modern design with 1 bedroom, 1 bathroom, and 1,073 sq ft of versatile living space, ideal for accommodating guests, extended family, or serving as a private residence. Live in the modern rear unit while renting out the spacious front unit, creating an attractive owner-user opportunity with potential rental income. Prime location near Apple's upcoming campus, Amazon, HBO and other major technology and entertainment employers. Convenient access to major employment centers, dining, shopping and transportation. This property offers a rare combination of classic Spanish charm, modern living and income potential. The property will be delivered vacant, with both units available for the new owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,239 | 1,670.836 |
| Lot Size | 5,042 | 6,152.156 |
| Price | $1.59M | $1.34M |
| Price per sq ft | $712 | $807 |
| Built year | 1926 | 1941 |
| HOA | $0 | $238 |
| Days on market | 85 | 56 |
Oct 14, 2026
$1,595,000
$1,650,000
-3% Price Drop
Initial Listing
Aug 16, 2026
$1,650,000
Initial Listing
Sep 30, 2003
$450,000
Public Record