3306 Farnsworth Avenue, Los Angeles, California 90032, Los Angeles, 90032 - 3 bed, 3 bath
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Los Angeles, California 90032
This Multi-Potential Residential Property is a Prime Investment Opportunity, listed at $935,000—positioned well below the $956,140 Fair Market Value by 2%. This valuation gap offers $21,140 in Instant Equity. Maintaining a Condition Score of 3, the property features a remodeled kitchen and a detached 1-bedroom guest house. The massive 9,752 sqft lot provides rare development potential for an ADU or lot split. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3306 Farnsworth Avenue Subject | $935,000* List Price | 3 | 3 | 1,396 | $672 | - |
A 5217 Navarro Street Sold | $950,000 | 3 | 2 | 1,248 | $761 | 0.3 mi |
B 5219 Lathrop Sold | $970,000 | 3 | 2 | 1,221 | $794 | 0.9 mi |
C 3204 Pueblo Avenue Sold | $860,000 | 2 | 2 | 1,214 | $708 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained despite its 1925 build date. The kitchen has been tastefully remodeled with modern white cabinetry, stone countertops, and stainless steel built-in appliances. While some areas like the bedrooms and bathrooms show slightly older finishes (such as the tile work and carpeting), the overall condition is elevated by the updated kitchen, hardwood flooring in main areas, and the addition of a functional 1-bedroom guest house.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9752, living area = 1396.
The expansive 9,752 sqft lot offers significant opportunity for an ADU addition or a potential lot split, maximizing the property's long-term investment value.
The inclusion of a separate 1-bedroom, 1.5-bathroom guest house provides excellent versatility for rental income or multi-generational living arrangements.
Dating back to 1925, the property may necessitate specialized maintenance or upgrades to its vintage structural and mechanical systems.
At 1,396 square feet, the primary living space is relatively small compared to the large lot size, which may not suit buyers seeking expansive indoor layouts.
A must see, great for family. Large lot, ideal for ADU or lot split. Guest House 1 br 1.5 bath. Storage shed, patio, lots of parking on site. Kitchen remolded with built-ins and breakfast nook. Jacuzzi tub.
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 | 79% |
| Square foot | 1,396 | 1,230.5 | 66% |
| Lot Size | 9,752 | 5,427.5 | 95% |
| Price | $935.0K | $866.5K | 64% |
| Price per sq ft | $670 | $690 | 44% |
| Built year | 1925 | 1942 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 177 | 5% |
Mar 12, 2026
$935,000
Initial Listing
Sep 15, 2016
$510,000
Public Record
Jul 10, 1998
$129,000
Public Record