4020 W Avenue 40, Los Angeles, California 90065, Los Angeles, 90065 - 3 bed, 3 bath
Loading property details...
Los Angeles, California 90065
This Renovated Multi-Generational Residence is listed at $1,198,000, positioned near its $1,169,854 Fair Market Value. Boasting an Excellent Condition Rating, the home features premium updates including white oak cabinetry, new flooring, and a versatile finished basement. A key asset is the attached studio with a separate entrance, kitchenette, and full bath, providing immediate rental income potential. Located in the trending Glassell Park neighborhood, this turnkey property offers both lifestyle luxury and financial flexibility. It is perfectly suited for Owner-Occupants looking to offset mortgage costs or multi-generational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4020 W Avenue 40 Subject | $1,198,000* List Price | 3 | 3 | 1,649 | $709 | - |
A 2771 Lytelle Place Sold | $1,533,749 | 2 | 2 | 1,672 | $917 | 0.3 mi |
B 3538 W Avenue 42 Sold | $1,475,000 | 3 | 3 | 1,822 | $810 | 0.6 mi |
C 3847 Sunbeam Drive Sold | $1,320,000 | 3 | 3 | 1,979 | $667 | 0.5 mi |
D 3812 Roderick Road Sold | $1,150,000 | 3 | 2 | 1,684 | $683 | 0.3 mi |
E 4405 Wawona Street Sold | $1,170,000 | 3 | 3 | 1,480 | $791 | 0.6 mi |
F 3868 N Riley Ln Pending | $1,199,995 List Price | 3 | 3 | 1,680 | $714 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive and high-quality renovation within the last year, featuring a modern kitchen with new white oak cabinetry and stainless steel appliances, fully remodeled bathrooms, and new flooring throughout. Despite its 1937 build date, the extensive updates to the interior, exterior, and finished basement meet the criteria for excellent condition with no visible deferred maintenance.
The property includes an attached studio with a separate entrance, kitchenette, and full bathroom, providing an excellent opportunity for rental income or multi-generational living.
The home has been comprehensively updated with high-end finishes, including white oak cabinetry, new stainless-steel appliances, and remodeled bathrooms, ensuring a move-in-ready experience.
A finished basement offers significant additional square footage that can be utilized as a home office, media room, or guest quarters, adding rare flexibility to a 1930s-era home.
The property was recently sold within the past year on 2025-12-29. The sold price is $920,000.00.
Built in 1937, the property may possess aging underlying systems such as plumbing or electrical that might require future attention despite the recent cosmetic upgrades.
With a long driveway occupying a portion of the 5,202 sqft lot and no recorded views, the property may offer less private, usable backyard space compared to other homes in the area.
Don't miss this wonderful opportunity to own this beautiful home in the desirable city of Glassel Park. This home has been thoughtfully renovated with the latest updates that include new white oak cabinets, new stainless-steel appliances, Paid Solar panels, AC unit, new flooring throughout, remodeled bathrooms, new interior and exterior paint. This amazing home also features a basement that has been finished and can be used as an office, game room, theater room or additional bedroom. This home also includes an attached studio with separate entrance that has its own kitchenet and full bathroom. Additional key feature is the long driveway with plenty of parking space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,649 | 1,660.5 | 49% |
| Lot Size | 5,202 | 5,769.5 | 37% |
| Price | $1.20M | $1.24M | 45% |
| Price per sq ft | $727 | $763 | 36% |
| Built year | 1937 | 1951 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 174 | 1% |
Apr 2, 2026
$1,198,000
Initial Listing
Dec 29, 2025
$920,000
Public Record
May 16, 2018
$782,500
Public Record
Nov 24, 2004
$420,000
Public Record