
Los Angeles, California 90032
This property presents a High-Potential Investment Opportunity with a List Price of $995,000—positioned well below the $1,023,246 Fair Market Value by 2%. This valuation gap offers $28,246 in Instant Equity. Featuring a Condition Rating of 3, the home offers a modernized turnkey interior on an expansive 10,622 sq ft lot with panoramic city views. With two separate parcels, it provides significant development potential for an ADU. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term growth.
Property is move-in ready.
While originally built in 1923, the property has undergone significant updates including new windows, updated plumbing, and recessed lighting. The kitchen features refinished cabinetry and stainless steel appliances, and the interior shows pride of ownership with a move-in-ready feel, fitting the 5-15 year renovation profile.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10622, living area = 2098.
The property spans two separate parcels totaling over 10,600 sq ft, offering rare flexibility for future expansion, investment, or the construction of an ADU in a high-demand Los Angeles neighborhood.
Tucked behind a rooftop-only street view, this home provides total seclusion and stunning panoramic views of the city lights and surrounding greenery, creating a private hillside retreat.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10622, other record lot size in square feet = 4970. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2098, other record living area = 1524.
The home is situated below street level and requires navigating private steps for access, which may pose challenges for individuals with mobility concerns or when transporting heavy items.
Built in 1923, the property may have inherent limitations associated with older homes, such as non-standard layouts or the potential for ongoing maintenance of vintage structural components.
Tucked behind a rooftop-only street view for total privacy, this 4-bedroom, 2-bathroom El Sereno home offers 2,098 sq ft of thoughtfully updated living space on an expansive 10,622 sq ft lot spanning two separate parcels (APN 5309-004-030, 4,956 sq ft, and APN 5309-004-031, 5,666 sq ft). Walk down a few private steps from the street to discover a courtyard made for entertaining, then step inside to find pride of ownership in every room. Upgrade throughout include new windows and sliding doors, updated plumbing, recessed lighting throughout, and refinished kitchen cabinetry, giving the home a move-in-ready feel while leaving room to make it your own. A long driveway with two dedicated parking spots adds everyday convenience. Outside, the sprawling lot is dotted with fruit trees and offers sweeping views of Los Angeles, plus serious potential to expand, build an ADU, or simply enjoy the extra space and greenery. With two separate parcels included in the sale, there's flexibility for future development or investment that's hard to find at this price point. Location is everything here: El Sereno sits at the crossroads of it all, just a few miles from South Pasadena, Alhambra, Highland Park, and Downtown LA. Costco is right down the street, Keck Hospital of USC is nearby, and commuting to the rest of the city couldn't be easier. Privacy, views, upgrades, and room to grow — this El Sereno gem checks every box.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,098 | 1,672 |
| Lot Size | 10,622 | 6,067 |
| Price | $995.0K | $1.37M |
| Price per sq ft | $474 | $801 |
| Built year | 1923 | 1939 |
| HOA | $0 | $348 |
| Days on market | 7 | 56 |
Jul 15, 2026
$995,000
Initial Listing
Aug 9, 2017
$625,000
Public Record
Jul 20, 2006
$515,000
Public Record
May 2, 2005
$541,818
Public Record
Aug 15, 1997
$110,000
Public Record