
Los Angeles, California 90018
This High-Potential Investment Opportunity is a California Craftsman listed at $980,000—positioned well below the $1,010,520 Fair Market Value by 3%. This valuation gap offers $30,520 in Instant Equity. Featuring a Condition Rating of 2, the home is fully remodeled with modern systems and a versatile den. The oversized lot and alley-access garage provide significant ADU potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready home with long-term upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3609 4th Avenue Subject 2 bd · 2 ba · 1,512 sqft · $628 | $950,000* List Price | 2 | 2 | 1,512 | $628 | - |
A 2128 W 30th Street Sold 3 bd · 2 ba · 1,456 sqft · $707 · 0.6 mi | $1,030,000 | 3 | 2 | 1,456 | $707 | 0.6 mi |
B 3722 Degnan Boulevard Sold 3 bd · 2 ba · 1,445 sqft · $799 · 0.5 mi | $1,154,000 | 3 | 2 | 1,445 | $799 | 0.5 mi |
C 2955 8th Avenue Sold 3 bd · 2 ba · 1,146 sqft · $794 · 0.5 mi | $910,000 | 3 | 2 | 1,146 | $794 | 0.5 mi |
D 2345 W 30th Street Sold 3 bd · 2 ba · 1,286 sqft · $816 · 0.4 mi | $1,050,000 | 3 | 2 | 1,286 | $816 | 0.4 mi |
E 2057 W 28th Street Sold 3 bd · 3 ba · 1,550 sqft · $692 · 0.8 mi | $1,072,000 | 3 | 3 | 1,550 | $692 | 0.8 mi |
F 1839 W 35th Place Sold 2 bd · 1 ba · 1,668 sqft · $468 · 0.5 mi | $780,000 | 2 | 1 | 1,668 | $468 | 0.5 mi |
G 2936 S Harvard Boulevard Sold 3 bd · 2 ba · 1,400 sqft · $625 · 1.0 mi | $875,000 | 3 | 2 | 1,400 | $625 | 1.0 mi |
H 2415 8th Avenue Sold 3 bd · 2 ba · 1,442 sqft · $700 · 0.9 mi | $1,010,000 | 3 | 2 | 1,442 | $700 | 0.9 mi |
I 2249 W 30th Street Active 4 bd · 2 ba · 1,582 sqft · $752 · 0.5 mi | $1,189,999 List Price | 4 | 2 | 1,582 | $752 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1912, the property has undergone a comprehensive recent remodel (likely <5 years) featuring a modern kitchen with new appliances, updated bathrooms with double vanities, and new laminate flooring. Major systems including electrical, plumbing, and HVAC have been upgraded, and the exterior features fresh paint and landscaping, meeting the criteria for mint condition with no maintenance required.
This 1912 California Craftsman seamlessly blends timeless architectural charm with essential modern upgrades, including a newer central AC system, updated electrical and plumbing, and a fully remodeled kitchen and bathrooms.
The property features a detached 2-car garage with convenient alley access and an oversized rear yard, providing an excellent opportunity for an Accessory Dwelling Unit (ADU) to generate rental income or increase property value.
Beyond the two primary bedrooms, the home includes a flexible den that can easily function as a third bedroom, home office, or guest space, catering to various lifestyle needs in a move-in-ready package.
The majority of the assigned public schools for this address currently hold low performance ratings, which may be a significant factor for families prioritizing high-ranking educational districts.
Being located within a Historic Preservation Overlay Zone (HPOZ) means any future exterior modifications or ADU construction are subject to strict design guidelines and a rigorous city review process.
RECENTLY REDUCED!! Welcome to this beautifully remodeled California Craftsman in the highly sought-after Jefferson Park HPOZ. This stylish 2-bedroom, 2-bath home offers approx. 1,522 sq. ft. on a 5,536 sq. ft. lot, plus a versatile den that can serve as a 3rd bedroom, home office or guest space. Features include laminate wood flooring, fireplace, remodeled baths with double vanities, and an updated kitchen with sleek cabinetry, new appliances, washer and dryer. Major improvements include updated electrical and plumbing, newer central AC and fresh exterior paint. The landscaped front yard with sprinkler system adds inviting curb appeal. Detached 2-car garage with alley access opens to an oversized rear yard offering excellent ADU, guest house or additional income potential (Buyer to verify all zoning and City requirements). Conveniently located near DTLA, USC, West Adams, dining, shopping, public transportation and major freeways. SPECIAL FINANCING OPPORTUNITY! This property may qualify for up to $20,000 through City National Bank's Hello Home Grant, plus up to $35,000 through the Greenline Program for qualified first-time buyers--potentially $55,000 toward down payment, closing costs and/or an interest-rate buydown. Subject to lender and program eligibility. Contact listing agent for details.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,512 | 1,670.836 |
| Lot Size | 5,536 | 6,152.156 |
| Price | $950.0K | $1.34M |
| Price per sq ft | $628 | $807 |
| Built year | 1912 | 1941 |
| HOA | $0 | $238 |
| Days on market | 129 | 56 |
Oct 10, 2026
$950,000
$970,000
-2% Price Drop
Initial Listing
Oct 3, 2026
$970,000
$980,000
-1% Price Drop
Initial Listing
Jul 3, 2026
$980,000
Initial Listing