
Los Angeles, California 90034
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $1,395,995—positioned slightly above the $1,359,546 Fair Market Value. While the price reflects a premium, the property features a Mint Condition Rating with comprehensive infrastructure upgrades, including a newer roof, HVAC, and updated systems. The R4-Zoned Lot provides significant long-term value through ADU potential. With its Helms Arts District location and Swim Spa, this home offers a rare blend of lifestyle luxury and development upside, ideal for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3269 Fay Subject | $1,395,995* List Price | 3 | 2 | 1,506 | $903 | - |
A 9125 Beverlywood Sold | $1,800,000 | 3 | 2 | 1,508 | $1,194 | 0.8 mi |
B 2831 S Corning Street Sold | $1,510,000 | 4 | 2 | 1,652 | $914 | 0.2 mi |
C 8617 Olin Street Sold | $1,200,000 | 3 | 2 | 1,221 | $983 | 0.2 mi |
D 8801 Cattaraugus Avenue Sold | $1,100,888 | 4 | 2 | 1,671 | $659 | 0.3 mi |
E 2843 S Holt Avenue Sold | $1,515,000 | 3 | 3 | 1,885 | $804 | 0.3 mi |
F 8718 Cadillac Avenue Active | $1,449,000 List Price | 3 | 3 | 1,679 | $863 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with quartz countertops and farmhouse sink, updated electrical, plumbing, HVAC, and a newer roof. Despite the 1929 build date, the interior and systems are in mint, move-in-ready condition.
Situated in the heart of the highly desirable Helms Arts District, this property offers exceptional walkability to trendy restaurants, wine bars, and shopping, significantly boosting its lifestyle appeal.
The home seamlessly blends 1929 character with modern essentials, featuring updated plumbing and electrical, central HVAC, a newer roof, and newer windows, minimizing immediate maintenance costs for a buyer.
The rare R4-zoned lot provides significant investment upside, offering the potential for ADU construction, multi-generational living, or future high-density development in a high-demand West LA pocket.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At 3,611 square feet, the lot is relatively small for the price point, which may limit privacy and traditional yard space despite the high-quality outdoor improvements.
With 58 days on market and a recent price reduction from nearly $1.49M, the property has faced initial resistance, suggesting the market is sensitive to the current valuation relative to the square footage.
LOCATION LOCATION LOCATION, ALERT PRICE DROP! Welcome to this beautifully maintained 3-bedroom, 2-bath home in the heart of highly desirable Helms Arts District. Inside this home blends timeless character with thoughtful modern upgrades. Original built-ins and architectural details add warmth and charm, while the updated kitchen, modern appliances, central heating and air conditioning, updated plumbing, updated electrical, newer windows and newer roof. Step outside into an entertainer's dream backyard designed for relaxation and gatherings alike. Enjoy outdoor movie nights, sporting events family barbecues, or simply unwind in the swim spa after a long day. The custom paver patio, fire pit, and inviting outdoor spaces created the perfect setting for year-round Southern California Living. Adding even more value is a detached bonus space ideal for a home office, gym, creative studio, or whatever your imagination can create. This is more than a home it's a place where lasting memories have been made and where new one is ready to begin. Ideally located in one of West Los Angles most vibrant and walkable neighborhoods you'll enjoy easy access to popular restaurants, wine bars breweries coffee shops, breakfast eateries, shopping, entertainment and highly regarded schools, many within walking distance. Whether you're meeting friends for dinner, enjoying a weekend stroll. An added bonus house is situated on an R4-zoned lot with ADU potential (buyer to verify), this property offers exciting opportunities for future expansion, multi-generational living or income producing possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,506 | 1,664.159 |
| Lot Size | 3,611 | 6,066.556 |
| Price | $1.40M | $1.35M |
| Price per sq ft | $927 | $806 |
| Built year | 1929 | 1939 |
| HOA | $0 | $278 |
| Days on market | 76 | 55 |
Jul 2, 2026
$1,395,995
$1,488,888
-6% Price Drop
Initial Listing
Jun 26, 2026
$1,488,888
Initial Listing
Jun 25, 2026
$1,395,000
Initial Listing
Jun 13, 1996
$75,000
Public Record