
Los Angeles, California 90027
This Spacious Los Feliz Condominium represents a High-Potential Investment Opportunity, listed at $949,000—positioned well below the $1,164,558 Fair Market Value by 18%. This valuation gap provides $215,558 in Instant Equity. With a Condition Rating of 4, the property offers a solid foundation for cosmetic updates to modernize the 1990s interiors. Featuring panoramic canyon views, a rare 3-car garage, and proximity to top-rated Franklin Avenue Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4003 Sunset Drive 8 Subject | $949,000* List Price | 3 | 3 | 1,566 | $744 | - |
A 4437 Avocado Street 101 Sold | $1,050,000 | 2 | 3 | 1,354 | $775 | 1.0 mi |
B 1910 Rodney Drive 9 Active | $899,000 List Price | 2 | 3 | 1,470 | $612 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1992 (32 years old) and retains many original features. While it has been refreshed with new paint and sisal carpeting, the kitchen and bathrooms are dated, featuring original tile countertops and 1990s-style cabinetry. It is well-maintained and functional but requires cosmetic updates to meet modern standards.
Elementary School: Ivanhoe Elementary School (9/10).
At only $138 per month, the association fees are remarkably low for a 3-bedroom home in Los Angeles, significantly enhancing the property's overall affordability and investment value.
The attached 3-car garage with direct access is a standout feature for Los Feliz condo living, providing superior parking convenience and additional storage space that is difficult to find in the area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13665, other record lot size in square feet = 13606.
There is a notable inconsistency between the approximately 1,800 square feet mentioned in the description and the 1,566 square feet recorded in the data, which could impact appraisal and buyer perception of value.
While the home features fresh paint and new carpeting, the 1992 construction suggests that original kitchen and bathroom fixtures may soon require modern updates to remain competitive with newer luxury inventory.
There is a calm, easy feeling the moment you step into this light filled Los Feliz condo. With 3 bedrooms, 2.5 bathrooms and approximately 1,600 square feet of living space, the home offers generous space, pretty views and a layout that feels both comfortable and practical. The main living area is bright and inviting, with a fireplace, wet bar and room to gather, relax or entertain. A balcony brings the outside in, while the deck off the kitchen creates an easy spot for morning coffee, casual dinners or a little fresh air at the end of the day. The kitchen connects naturally to the living spaces, giving the home an open, comfortable flow without feeling generic. Upstairs, the bedrooms are nicely separated from the main living areas and feature new sisal carpeting, adding warmth and texture. The home has also been freshly painted, giving it a clean, refreshed feel throughout. An attached 3 car garage adds everyday convenience, storage and direct access that is not always easy to find in Los Feliz condo living. Set in one of the city's most beloved neighborhoods, this home offers the space, views and ease that make Los Feliz so special. The HOA dues are remarkably low at $138 per month, making this an especially compelling opportunity for a spacious 3 bedroom home in a prime Los Feliz location. The property is in close proximity to all of the wonderful shops and restaurants in Los Feliz Village and sits squarely in the Franklin Avenue Elementary school district.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-2 • 0.7 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,566 | 1,243 |
| Lot Size | 13,665 | 24,016 |
| Price | $949.0K | $805.6K |
| Price per sq ft | $606 | $659 |
| Built year | 1992 | 1981 |
| HOA | $138.0 | $684 |
| Days on market | 30 | 71 |
Jun 22, 2026
$949,000
Initial Listing
Oct 23, 2001
$255,000
Public Record
Sep 24, 1997
$175,000
Public Record