387 Museum Drive, Los Angeles, California 90065, Los Angeles, 90065 - 2 bed, 2 bath
Loading property details...
387 Museum Drive
Los Angeles, California 90065
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,261Sq Ft
3,312Lot Size
Property Price
LIST PRICE$1,008,900
EST. MARKET VALUE
$952,878
5% AboveMARKET VALUE
SUMMARY
This Versatile Hillside Retreat is a Strong Value Opportunity, listed at $1,008,900—positioned well below the $1,021,722 Fair Market Value by 1.25%. This valuation gap offers $12,822 in Instant Equity. Featuring a Condition Rating of 3, the home offers a flexible floor plan with a private studio, modern kitchenette, and Canyon/Park Views. Located near Mt. Washington Elementary (Rating 7), this property is an ideal acquisition for Owner-Occupants seeking a "house hack" or first-time buyers prioritizing lifestyle and connectivity.
Estimated Market Value
$952,878
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 387 Museum Drive Subject 2 bd · 2 ba · 1,261 sqft · $756 | $1,008,900* List Price | 2 | 2 | 1,261 | $756 | - |
A 447 W Avenue 37 Sold 3 bd · 2 ba · 1,298 sqft · $601 · 0.8 mi | $780,000 | 3 | 2 | 1,298 | $601 | 0.8 mi |
B 466 Wren Drive Sold 3 bd · 3 ba · 1,728 sqft · $579 · 0.1 mi | $1,000,100 | 3 | 3 | 1,728 | $579 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although originally built in 1924, the property has undergone significant renovations within the last 5-15 years. It features updated flooring, recessed lighting, modern mini-split/HVAC controls, and a modernized kitchenette with white shaker cabinets and stone countertops. The home is well-maintained, full of character, and completely move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Living Options
The flexible floor plan includes a private studio/guest suite with a separate entrance and kitchenette, providing excellent potential for rental income, a creative workspace, or multi-generational living.
- Prime Location and Connectivity
Nestled in the desirable Mount Washington area, the property is just a 5-minute walk to the Metro A Line and offers rapid access to the dining and nightlife of DTLA and the Eastside.
- Historic Character and Outdoor Appeal
This 1924 Spanish-style retreat features soulful architectural details, lush canyon views, and multiple private outdoor patios that create an intimate and serene entertaining environment.
CONSRISKS & DEFICIENCIES
- Limited Square Footage and Lot Size
With only 1,261 square feet of living space on a 3,312 square foot lot, the property may feel compact for families or buyers requiring significant yard space.
- Potential for Historic Maintenance
Given the home's 1924 construction, buyers should anticipate the ongoing maintenance and potential system upgrades often required for century-old hillside residences.
About 387 Museum Drive
A rare Mount Washington hillside retreat tucked along a peaceful, tree-lined street. Situated within the highly rated Mt. Washington Elementary School boundary. Blending Spanish character with modern touches, this soulful home offers privacy, lush surroundings and multiple outdoor patios, lounging areas and intimate entertaining spaces. Flexible floor plan functions as 3 bedrooms or 2 bedrooms plus a private studio/office/guest suite with separate entrance, kitchenette, refrigerator, walk-in pantry and generous storage ideal for work-from-home, creative space, guests or potential income use. Walk to neighborhood shops, restaurants, markets and trails, with DTLA and the Eastside's best dining and nightlife minutes away. Approx. 5-minute walk to the Southwest Museum Metro A Line Station. Unique, private and full of character.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 3,312 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Mt. Washington Elementary School
Grades K-6 • 0.4 mi
7/10
Aldama Elementary School
Grades K-6 • 0.6 mi
3/10
Latona Avenue Elementary School
Grades K-6 • 0.8 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,261 | 1,670.836 |
| Lot Size | 3,312 | 6,152.156 |
| Price | $1.01M | $1.34M |
| Price per sq ft | $800 | $807 |
| Built year | 1924 | 1941 |
| HOA | $0 | $238 |
| Days on market | 53 | 56 |
Pricing History
Listed for Sale
Sep 17, 2026
$1,008,900
Initial Listing
Sold
Jun 23, 2022
$1,065,000
Public Record
Sold
Sep 9, 2010
$175,000
Public Record
Sold
Jul 9, 2004
$395,000
Public Record