3188 Atwater Avenue, Los Angeles, California 90039, Los Angeles, 90039 - 5 bed, 4 bath

3188 Atwater Avenue, Los Angeles, California 90039 home-pic-0
ACTIVE$1,695,000
3188 Atwater Avenue, Los Angeles, California 90039
5Beds
4Baths
3,269Sqft
6,602Lot
Year Built
1933
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$519
HOA
-
Days on market
-
Sold On
-
MLS number
25612427
Home ConditionFair
Features
Good View: Park/Greenbelt
Patio
ViewPark/Greenbelt

About this home

Great Deal:The estimated price is 19% above the list price. We found 3 Cons,6 Pros. Rank: price - $1.70M(58th), sqft - 3269(95th), beds - 5(97th), baths - 4(82th).

The Castle on Atwater Avenue-that is how the neighbors over the years refer to the Spanish Moorish design of this eclectic property. Enter the large vacant two bedroom two bath lower unit through the classic rotunda to a beautifully beamed living room, arched framed French windows, original hardwood floors and unique piece of art decorative fireplace with original clinker brick. The large dining room with original crown molding is just off the kitchen which has access to the landscaped fenced back yard. The first floor is complete with a bedroom and vintage turquoise tiled bath with beautiful Moroccan archways. A well designed primary bedroom and ensuite bath are up a few stairs complete with a natural stone floor and hand hewn beam ceiling. Originally a single family home, in 1938 it was converted to a duplex with a one bedroom one bath unit carved out of the upstairs bedrooms. Sunlight drought tolerant back yard. Around the corner on Minneapolis Street find a magical third unit - a stand alone Mid Century Modern home, built in 1959. This spacious one bedroom home keeps to its design roots with high beamed ceilings, paneled walls and clean lines. The property offers a two car garage with four parking spaces at the duplex and a carport offering two off street spaces for the mid century home. Move right in to the largest unit and benefit from the rent of the other two units or start your real estate empire. Great location - steps away to the beloved Sunday Famers Market, Atwater's amazing restaurants, bars and shopping.

Nearby schools

4/10
Atwater Avenue Elementary School
Public,K-60.1mi
4/10
Fletcher Drive Elementary School
Public,K-60.8mi
8/10
Allesandro Elementary School
Public,K-60.8mi
9/10
Ivanhoe Elementary School
Public,K-50.9mi
6/10
Cerritos Elementary School
Public,K-60.9mi
5/10
Glenfeliz Boulevard Elementary School
Public,K-61.1mi
8/10
Franklin Avenue Elementary School
Public,K-61.9mi
5/10
Columbus Elementary School
Public,K-52.8mi
7/10
Balboa Elementary School
Public,K-65.0mi
6/10
Irving STEAM Magnet
Public,6-80.8mi
6/10
Theodore Roosevelt Middle School
Public,6-81.5mi
6/10
Thomas Starr King Middle School
Public,6-82.0mi
7/10
Eleanor J. Toll Middle School
Public,6-83.8mi
8/10
John Marshall Senior High School
Public,9-121.5mi
6/10
Glendale High School
Public,9-122.6mi
7/10
Herbert Hoover High School
Public,9-123.8mi

Price History

Date
Event
Price
10/29/25
Listing
$1,695,000
02/28/11
Sold
$560,000
Condition Rating
Fair

The property, built in 1933, boasts charming original architectural details like hardwood floors, beamed ceilings, and a decorative fireplace. However, the kitchen is significantly outdated with vintage cabinets, tiled countertops, older appliances, and dated flooring, requiring a full renovation. While one bathroom shows a basic, functional update with subway tile, the description also mentions a 'vintage turquoise tiled bath,' suggesting other bathrooms are likely very dated. The lack of central cooling is another notable drawback. The home is maintained and livable, but key areas like the kitchen and bathrooms show their age and would require substantial updates to meet modern standards and comfort expectations.
Pros & Cons

Pros

Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Income-Generating Multi-Unit: The property comprises three distinct units (a duplex and a separate Mid-Century Modern home), offering significant rental income potential or flexible multi-generational living arrangements.
Prime Atwater Village Location: Situated in a highly desirable and walkable neighborhood, steps away from popular amenities including the Sunday Farmers Market, acclaimed restaurants, bars, and shopping.
Unique Architectural Character: The main building boasts a distinctive Spanish Moorish design with original architectural details like a rotunda, beamed ceilings, and arched windows, complemented by the separate Mid-Century Modern unit's unique aesthetic.
Abundant Off-Street Parking: Features a two-car garage, four additional parking spaces at the duplex, and a carport with two off-street spaces for the third unit, providing ample and valuable parking in Los Angeles.
Strong Investment Potential: The estimated property value exceeds the current listing price, suggesting favorable investment potential and immediate equity for a buyer looking to capitalize on rental income or future appreciation.

Cons

Property Type Discrepancy: Listed as a 'Single Family Residence' despite being a multi-unit property (duplex + separate home), which could complicate financing, zoning, or require reclassification for optimal use.
Age of Original Systems: The original structure dates back to 1933, implying that core systems such as plumbing, electrical, and potentially the roof may be older and could require significant investment for modernization or maintenance.
Lack of Central Cooling: The property description does not mention a central cooling system, which could be a significant drawback and comfort concern during Los Angeles' warmer months, potentially requiring a costly installation.

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