
Los Angeles, California 90039
This Turnkey Atwater Village Bungalow is a Strong Value Opportunity, listed at $425,000—positioned well below the $492,447 Fair Market Value by 13%. This valuation gap offers $67,447 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a Designer Kitchen, Ductless Mini-Split HVAC, and a Private Yard. Located near Top-Rated Schools like Ivanhoe Elementary, this property is an ideal sanctuary for first-time buyers or owner-occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4020 Bemis Street A Subject | $425,000* List Price | 1 | 1 | 553 | $893 | - |
A 4018 Bemis Street Active | $535,000 List Price | 2 | 1 | 692 | $773 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation ('reimagined') featuring a new roof, upgraded 200-amp electrical service, and a modern ductless mini-split HVAC system. The kitchen and bath are updated with contemporary finishes, quartz countertops, and new stainless steel appliances, meeting the criteria for mint condition with no maintenance required.
Elementary School: Ivanhoe Elementary School (9/10).
Situated in one of Northeast LA's most desirable pockets, the property offers exceptional walkability to local favorites like The Village Bakery and easy access to Griffith Park and the LA River Bike Path.
Unlike typical condominiums, this bungalow features an expansive, gated private yard with mature privacy hedges, providing a rare level of secluded outdoor living space for a one-bedroom home.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 553, other record living area = 3288. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 7.
With only 553 square feet of living space, the interior footprint is quite intimate, which may pose challenges for buyers requiring significant storage or a dedicated home office.
While it offers a bungalow aesthetic, the property is legally a condominium with a shared wall and a monthly association fee, which may not appeal to buyers strictly seeking a detached single-family residence.
Discover this beautifully reimagined 1-bedroom, 1-bathroom bungalow in Atwater Village, where timeless 1950s character meets thoughtful, elevated design. With only one shared wall and an expansive private yard, this home offers the comfort and feel of single-family living in one of Northeast Los Angeles' most sought-after neighborhoods. Beyond a private gated entry, your exclusive outdoor space is framed by lush privacy hedges, creating a peaceful retreat for morning coffee, dining under the stars, gardening, or relaxing with friends. Inside, natural light pours through oversized dual-pane grid windows, illuminating light wood flooring and an airy, inviting living space. The open layout flows seamlessly into a charming dining area and a beautifully designed kitchen featuring two-tone cabinetry in warm oak and muted sage, quartz countertops, and a full suite of new stainless steel appliances. The light-filled bedroom offers a tranquil place to unwind, while the bathroom pairs contemporary fixtures with vintage-inspired sage tile accents for a timeless aesthetic. Modern comforts include a wall-mounted ductless mini-split heating and air conditioning system, upgraded 200-amp electrical service, a new roof, and one dedicated off-street parking space. Perfectly positioned just moments from Los Feliz Boulevard, you'll enjoy everything that makes Atwater Village one of Los Angeles' most beloved neighborhoods. Start your mornings at The Village Bakery & Cafe, explore the boutiques and restaurants along Glendale Boulevard, spend weekends on the LA River Bike Path or in Griffith Park, and take advantage of the neighborhood's easy access to Los Feliz and Glendale. It's the ideal combination of bungalow charm, private outdoor living, and an unbeatable Atwater Village lifestyle.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.1 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 553 | 1,219.385 |
| Lot Size | - | 27,236.074 |
| Price | $425.0K | $800.2K |
| Price per sq ft | $769 | $650 |
| Built year | 1954 | 1979 |
| HOA | $343.38 | $685 |
| Days on market | 34 | 72 |
Aug 6, 2026
$425,000
Initial Listing
Apr 15, 2021
$1,100,000
Public Record
Nov 17, 2011
$545,000
Public Record