4026 Baywood Street, Los Angeles, California 90039, Los Angeles, 90039 - 5 bed, 3 bath
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Los Angeles, California 90039
This Turnkey Multi-Unit Property represents a Strong Value Opportunity, listed at $1,179,000—positioned well below the $1,310,695 Fair Market Value by 10%. This valuation gap provides $131,695 in Instant Equity. Featuring a Mint Condition Rating with a fully renovated 3-bed main house and a detached 2-bed rental unit, this asset offers immediate income potential. Located near Top-Rated Schools like Ivanhoe Elementary, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing, move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4026 Baywood Street Subject | $1,179,000* List Price | 5 | 3 | 1,863 | $704 | - |
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.
The property has undergone a complete top-to-bottom renovation, featuring a newly updated kitchen with stainless steel appliances and fully remodeled bathrooms. Critical systems have been modernized with new plumbing and electrical, and the home includes new flooring and windows throughout, meeting the criteria for mint condition with no maintenance required.
Elementary School: Ivanhoe Elementary School (9/10).
The property features a fully detached 600+ sq. ft. back unit with 2 bedrooms and 1 bath that is currently rented, offering immediate rental income or a versatile space for multi-generational living.
The main residence has been extensively renovated with new plumbing, electrical, oversized windows, and flooring, alongside a fully remodeled kitchen and bathrooms, ensuring a turnkey experience for the buyer.
The property listing specifies no views, which may be a disadvantage for buyers looking for the hillside or city vistas often found in the surrounding Los Feliz and Silver Lake areas.
With only two separate one-car garages serving a total of five bedrooms across two units, parking may be constrained for households with multiple vehicles or frequent guests.
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 | 90% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 1,863 | 1,622 | 57% |
| Lot Size | 7,002 | 5,479.5 | 83% |
| Price | $1.18M | $1.50M | 25% |
| Price per sq ft | $633 | $1.1K | 9% |
| Built year | 1923 | 1930 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 131 | 2% |
Jun 2, 2026
$1,179,000
Initial Listing
Feb 1, 2022
$865,000
Public Record