
Los Angeles, California 90065
This Dual-Dwelling Residential Compound is a Strong Value Opportunity, listed at $949,000—positioned well below the $1,032,634 Fair Market Value by 8%. This valuation gap provides $83,634 in Instant Equity. Boasting a Mint Condition Rating, the property features a renovated 1923 Spanish main house and a brand-new 2024 Manufactured ADU on an expansive 8,025 sq. ft. lot. With Mountain Views, Quartz Countertops, and separate private yards, it offers turnkey multi-generational living or immediate rental income. This is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a high-yield asset in Glassell Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3214 Shasta Cir S Subject | $949,000* List Price | 3 | 3 | 1,597 | $647 | - |
A 4545 W Avenue 41 Sold | $1,195,000 | 3 | 2 | 1,600 | $747 | 0.3 mi |
B 4020 W Avenue 40 Active | $1,198,000 List Price | 3 | 3 | 1,649 | $727 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a brand-new 2024 ADU and a 1923 main house that has been recently renovated (<5 years) with a modern kitchen, new engineered hardwood floors, and updated mini-split HVAC systems, meeting the criteria for mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8025, living area = 1597.
The property features two separate vacant units, including a 1923 Spanish SFR and a brand-new 909 sq. ft. ADU, providing exceptional potential for rental income or multi-generational living.
Both homes offer high-end finishes, with a recently updated kitchen in the main house and a contemporary ADU featuring 9-foot ceilings, granite countertops, and Bedrosian's tile backsplashes.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1597, other record living area = 688. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
The property may not qualify for conventional financing, which restricts the buyer pool to those with specialized lenders or cash, potentially complicating the closing process.
The secondary dwelling is a manufactured ADU, which some buyers may perceive as less desirable than traditional stick-built construction, potentially affecting long-term resale value.
This property consists of two separate vacant dwellings: a charming Spanish bungalow and a large permitted ADU. Tucked away on a private street in the sought-after enclave of Sagamore Park. Prime Eastside location near Silver Lake, Eagle Rock, Highland Park, Glendale, Pasadena, and DTLA. Charming Spanish bungalow is 688 sq ft (per public records) | 1 bed | 1 bath | Built in 1923. It features an original stone fireplace and a great layout. The kitchen has been recently updated to include new cabinets, quartz countertops, a Kohler Whitehaven farmhouse sink, a gas range with a built-in range hood, dishwasher, bamboo window shades, and new overhead lighting. New engineered hardwood flooring is installed in all rooms except the bathroom, which is tiled. The home offers a generous storage closet in the living room, as well as a closet and an additional storage cupboard in the bathroom. An unfinished basement area provides ample additional storage and includes a washer and dryer. The manufactured ADU is 909 sq ft (per plans) | 2 bed | 2 bath | Completed in 2024. The home features 9' ceilings, large windows that bring in abundant natural light, luxury vinyl plank flooring, and Bedrosian's Chloe tile backsplash throughout. The kitchen includes a stainless steel farmhouse sink, granite countertops, a separate island, and a pantry cupboard. The primary bedroom includes an en suite bathroom. Additional storage includes a linen cabinet in the hallway. There is a utility room for your washer and dryer, as well as a front porch. The ADU is fully fenced for privacy and includes a side yard and a patio area with paver stones.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 50% |
| Square foot | 1,597 | 1,659 | 46% |
| Lot Size | 8,025 | 5,813 | 79% |
| Price | $949.0K | $1.24M | 25% |
| Price per sq ft | $594 | $767 | 19% |
| Built year | 1923 | 1951 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 172 | 1% |
Apr 23, 2026
$949,000
Initial Listing