
Los Angeles, California 90039
This Turnkey Atwater Village Bungalow is a Strong Value Opportunity, listed at $435,000—positioned well below the $450,595 Fair Market Value by 3%. This valuation gap offers $15,595 in Instant Equity. Featuring a Condition Rating of 2, the home includes a remodeled kitchen, new roof, and ductless HVAC. With a private yard and proximity to top-rated schools like Ivanhoe Elementary, this property balances lifestyle with financial stability. It is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4020 Bemis Street B Subject 1 bd · 1 ba · 562 sqft · $802 | $435,000* List Price | 1 | 1 | 562 | $802 | - |
A 4018 Bemis Street Active 2 bd · 1 ba · 692 sqft · $793 · 0.0 mi | $549,000 List Price | 2 | 1 | 692 | $793 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone a comprehensive recent renovation (likely <2 years) featuring a brand-new kitchen with quartz countertops and stainless steel appliances, an updated bathroom with contemporary fixtures, and significant system upgrades including a new roof, upgraded electrical panel, and a modern ductless mini-split HVAC system.
Situated in one of Northeast LA's most sought-after neighborhoods, the property offers exceptional walkability to local favorites like The Village Bakery and easy access to Griffith Park and the LA River Bike Path.
The home features significant capital improvements including a new roof, upgraded electrical panel, ductless mini-split HVAC, and a fully remodeled kitchen with stainless steel appliances, ensuring a turn-key experience.
Unlike many condominiums, this bungalow includes an exclusive, hedge-lined private yard, providing a rare outdoor retreat that enhances the feel of single-family living.
With only 562 square feet of living space, the interior footprint is quite small, which may present challenges for storage and limit the property's appeal to a narrower demographic.
As a condominium, the property carries a monthly HOA fee of approximately $344, which increases the total monthly cost of ownership compared to a similarly priced detached single-family home.
Discover this beautifully reimagined 1-bedroom, 1-bathroom bungalow in Atwater Village, where timeless 1950s character meets thoughtful, elevated design. This home offers the comfort and feel of single-family living in one of Northeast Los Angeles' most sought-after neighborhoods. Beyond a private entry, your exclusive outdoor yard is framed by lush privacy hedges, creating a peaceful retreat perfect for morning coffee. Inside, natural light pours through upgraded dual-pane 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 provides a tranquil place to unwind, while the bathroom pairs contemporary fixtures like a classic pedestal sink with vintage-inspired sage tile accents for a timeless aesthetic. Modern comforts include a wall-mounted ductless mini-split heating and air conditioning system, an upgraded electrical panel, a new roof, in-unit laundry hookups, and dedicated assigned 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 | 562 | 1,252.996 |
| Lot Size | - | 26,029.603 |
| Price | $435.0K | $778.5K |
| Price per sq ft | $774 | $629 |
| Built year | 1954 | 1981 |
| HOA | $343.98 | $676 |
| Days on market | 18 | 74 |
Oct 22, 2026
$435,000
Initial Listing
Apr 15, 2021
$1,100,000
Public Record
Nov 17, 2011
$545,000
Public Record