
Los Angeles, California 90031
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,079,000—positioned well below the $1,077,557 Fair Market Value (effectively at market). Boasting an Excellent Condition Rating, this home features a 10kW solar system, panoramic city views, and a Trex deck with hot tub. With RTI-approved plans for a 2-bedroom ADU, it offers significant income potential. Located near top-rated schools like South Pasadena Middle and High, this property is an ideal fit for Owner-Occupants or investors seeking a high-efficiency, income-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3928 Berenice Avenue Subject | $1,079,000* List Price | 2 | 2 | 1,283 | $840 | - |
A 950 Montecito Drive Sold | $1,095,000 | 4 | 2 | 1,535 | $713 | 0.2 mi |
B 1158 Montecito Drive Sold | $1,250,000 | 3 | 2 | 1,484 | $842 | 0.3 mi |
C 3209 Johnston Street Active | $825,000 List Price | 2 | 2 | 914 | $903 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1922, the property has undergone extensive recent renovations and system upgrades that meet the 'Excellent' criteria. Key improvements include a 10kW solar system with battery backup (2023), a newer roof (2019), and windows (2018). The interior features renovated bathrooms, high-end Sub-Zero kitchen appliances, and modern architectural elements like a panoramic folding glass wall and Trex decking, requiring no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10396, living area = 1283.
Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
The property sits on an oversized double lot and includes fully RTI-approved plans for a detached 2-bedroom, 1-bath ADU with a 2-car garage, offering immediate value-add or rental income potential.
With only 1,283 square feet of living area, the primary residence is relatively small for the price point, which may be a constraint for growing families or those needing more indoor room.
The hillside location, while providing great views, likely results in steep terrain that may limit the amount of flat, usable yard space despite the large overall lot size.
Perched on a private hillside in sought-after Montecito Heights, this updated Spanish-style retreat pairs dramatic indoor/outdoor living with sweeping Northeast LA views. A panoramic folding glass wall opens the main living and dining spaces to an expansive Trex deck and hot tub, creating a seamless connection to the outdoors, while oversized windows flood the home with natural light and skyline views, Mt. Washington, Dodger Stadium lights, Elysian Valley and Hollywood beyond.The interior blends original character with thoughtful upgrades, including renovated bathrooms, central AC, newer windows (2018), a Sub-Zero refrigerator, and a newer roof (2019). A 10kW solar system with 30kW battery backup (2023) adds long-term efficiency and resilience, alongside an EV charger and detached garage.Situated on an oversized double lot, the property also includes fully RTI-approved plans for a detached 2-bedroom, 1-bath ADU with an additional 2-car garage. With permitting and design already completed, the next owner has the rare opportunity to immediately build a guest house, income-producing rental, or multigenerational compound.Surrounded by mature avocado, lemon, and lime trees, the property feels tucked away and serene while remaining minutes from Downtown LA, Debs Regional Park trails, and the restaurants, cafes, and nightlife of nearby Highland Park. Your adventures in Los Angeles await!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 26% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,283 | 1,367.5 | 42% |
| Lot Size | 10,396 | 4,940.5 | 95% |
| Price | $1.08M | $962.0K | 63% |
| Price per sq ft | $841 | $726 | 74% |
| Built year | 1922 | 1925 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 115 | 3% |
May 28, 2026
$1,079,000
Initial Listing
Nov 1, 2017
$650,000
Public Record
May 7, 1997
$120,000
Public Record