4026 Baywood Street, Los Angeles, California 90039, Los Angeles, 90039 - 5 bed, 3 bath
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Los Angeles, California 90039
This Renovated Dual-Unit Residence is a Strong Value Opportunity listed at $1,189,000, aligning with its $1,189,000 Fair Market Value. Boasting a Condition Rating of 2, the property features a fully modernized 3-bedroom main house and a detached 2-bedroom rental unit on a generous 7,002 sq. ft. lot. Residents benefit from proximity to Atwater Village amenities and enrollment in the 9/10 rated Ivanhoe Elementary School. This turnkey asset provides immediate cash flow and long-term stability, making it a premier choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4026 Baywood Street Subject | $1,189,000* List Price | 5 | 3 | 1,863 | $638 | - |
A 4014 Baywood Street Sold | $1,300,000 | 4 | 2 | 1,713 | $759 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1923, the property has undergone a complete top-to-bottom renovation within the last few years. It features a fully modernized kitchen with stainless steel appliances, entirely remodeled bathrooms, and significant system upgrades including new plumbing, electrical, windows, and flooring, meeting the criteria for a virtually new living environment.
Elementary School: Ivanhoe Elementary School (9/10).
The property features a fully detached 600+ sq. ft. 2-bedroom, 1-bath back unit that is currently rented, providing immediate cash flow for investors or a significant mortgage offset for owner-users.
The main residence has been extensively updated with new plumbing, electrical, flooring, and windows, alongside a fully remodeled kitchen and bathrooms, ensuring a move-in-ready experience with reduced maintenance concerns.
While the property includes two separate one-car garages, the lack of a larger multi-car garage or expansive driveway may be a drawback for households with multiple vehicles or frequent guests.
The back unit is currently occupied by a tenant, which may limit immediate flexibility for buyers who intended to use the secondary space for personal use or desired a vacant delivery at closing.
Built in 1923, this restored 1,238 sq. ft bungalow sits on a generous 7,000 sq. ft lot in the highly sought-after east side neighborhood of Atwater Village. The main residence is a 3-bedroom, 2-bath home that has been completely renovated throughout.The home features a newly updated kitchen with stainless steel appliances, ideal for those who enjoy cooking and entertaining. An oversized living and dining area offers an open-concept layout filled with natural light. All three bedrooms are well-proportioned, and both bathrooms including the primary bath have been fully remodeled. Additional upgrades include new plumbing, new electrical, oversized new windows throughout, new flooring, and a good-sized front yard. The property also includes a fully detached 600+ sq. ft. back unit consisting of a 2-bedroom, 1-bath home, which is currently rented. Both the front and back units have their own separate one-car garages. This property presents a unique opportunity for an owner-user seeking to purchase below market value or an investor looking for future development or expansion potential. Conveniently located just minutes from The Village Bakery Cafe, Los Feliz Cafe, and the Tam O'Shanter.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.1 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,863 | 1,643 | 59% |
| Lot Size | 7,002 | 5,407 | 81% |
| Price | $1.19M | $1.45M | 25% |
| Price per sq ft | $638 | $1.0K | 9% |
| Built year | 1923 | 1930 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 131 | 167 | 40% |
Dec 12, 2025
$1,189,000
Initial Listing
Feb 1, 2022
$865,000
Public Record