
Los Angeles, California 90065
This 1923 Bungalow represents a Prime Investment Opportunity, listed at a List Price of $675,000—positioned well below the $689,541 Fair Market Value by 2%. This valuation gap provides $14,541 in Instant Equity. Featuring a Condition Rating of 3, the home offers a Granite Kitchen and a Private Covered Patio in a vibrant NELA location. This property balances immediate move-in readiness with long-term appreciation potential, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3311 Carlyle Street Subject 2 bd · 1 ba · 1,030 sqft · $662 | $675,000* List Price | 2 | 1 | 1,030 | $662 | - |
A 2813 Silver Street Active 3 bd · 2 ba · 1,310 sqft · $609 · 0.6 mi | $798,000 List Price | 3 | 2 | 1,310 | $609 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1923, the property features a kitchen and bathroom that appear to have been renovated within the last 15-20 years. The kitchen includes granite countertops and functional cabinetry, and the bathroom is updated with a modern glass shower. The home is well-maintained, functional, and move-in ready, though some appliances and finishes are beginning to show their age.
Ideally situated near the vibrant York and Eagle Rock corridors, providing immediate access to trendy dining favorites like Bub and Grandma's and Dunsmoor.
The property features a rare flat grassy yard and a serene backyard with a covered patio and citrus tree, offering excellent space for al fresco dining and relaxation.
The home offers a bright living space with hardwood floors and a large extended kitchen that includes generous storage and a dedicated laundry closet.
With only one bathroom for two bedrooms, the layout may present challenges for households with multiple occupants or when hosting guests.
As a 1923 bungalow, the property may require updates to century-old systems or structural elements to meet modern efficiency and maintenance standards.
Achieve your dream of homeownership with this 1923 Bungalow featuring a grassy flat yard, well-situated near all the happenings along the York and Eagle Rock corridors. The living room gets plenty of natural light and features hardwood floors. The large extended kitchen has generous storage, space for a dining table, convenient outdoor access and a dedicated laundry closet. The private backyard feels serene with a covered patio for dining al fresco, surrounded by flowering plants and a citrus tree. Great coffee and eats are just a few minutes away at local favorites Lemon Poppy Kitchen, Little Barn Coffee Shop, Wife and the Somm, Verdugo Bar, Bub and Grandma's, Dunsmoor, and Revenge Of. You are close to the Glassell Park pool and tennis courts, Rio de Los Angeles State Park and Elysian Park trails, and a short drive to Atwater Village, Cypress Park and Downtown LA.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,030 | 1,670.836 |
| Lot Size | 4,719 | 6,152.156 |
| Price | $675.0K | $1.34M |
| Price per sq ft | $655 | $807 |
| Built year | 1923 | 1941 |
| HOA | $0 | $238 |
| Days on market | 39 | 56 |
Oct 1, 2026
$675,000
Initial Listing