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4311 Finley Avenue, Los Angeles, California 90027, Los Angeles, 90027 - 3 bed, 3 bath

4311 Finley Avenue, Los Angeles, California 90027 home-pic-0
ACTIVE UNDER CONTRACT$2,250,000
4311 Finley Avenue, Los Angeles, California 90027
3Beds
3Baths
2,184Sqft
6,768Lot

Price Vs. Estimate

The estimated value ($2,250,000) is $0 (0%) lower than the list price ($2,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Top Cons:
Lack of Scenic Views: The property description explicitly states 'view: None,' which may be a drawback for buyers seeking panoramic or city views often associated with premium Los Angeles properties.

Compared to the nearby listings

Price:$2.25M vs avg $2.29M ($-38,000)47%
Size:2,184 sqft vs avg 2,455 sqft37%
Price/sqft:$1.0K vs avg $97861%

More Insights

Built in 1935 (90 years old).
Condition: Despite being built in 1935, the property has undergone extensive, high-end renovations, as explicitly stated in the description. This includes updated plumbing, electrical, HVAC, newer metal roofs, and sewer lines. The rear unit's kitchen features top-of-the-line appliances (Miele, SubZero, Wolf), Carrara marble countertops, custom cabinetry, and modern finishes, which are clearly visible in the images. The bathroom also showcases modern design with marble-look tiling, a glass-enclosed shower, and contemporary fixtures. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a property extensively renovated within the last 5 years.
Year Built
1935
Close
-
List price
$2.25M
Original List price
$2.5M
Price/Sqft
$1,030
HOA
-
Days on market
-
Sold On
-
MLS number
25603077
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

Behind the hedges lies a special opportunity to own three designer farmhouse bungalows in the heart of Los Feliz. Located just two blocks from Hillhurst Avenue's popular shops and restaurants each bungalow features its own kitchen, living area, dining area, bedroom, bathroom, and laundry, with direct access to private outdoor space, and designated parking spot. The rear unit boasts an open floor plan, vaulted ceilings, top-of-the-line kitchen with Carrara marble countertops, reclaimed wood shelving, custom cabinetry, Miele microwave & coffee machine, SubZero refrigerator & beverage center, and Wolf Range. Lutron lighting, interior and exterior Sonos music, and security and camera system. Updated plumbing, electrical, HVAC, newer metal roofs, and sewer line. All three units are separately metered for electricity and gas. Perfect for owners who need separate office spaces, guest quarters, an ADU, or looking for rental income. All units delivered vacant. Ample off-street parking. There is truly nothing like this on the market in Los Feliz or anywhere in Los Angeles! Get ready to be regulars at All Time! Also listed under Income Property MLS#25601011.

Nearby schools

8/10
Franklin Avenue Elementary School
Public,•K-6•0.2mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•0.7mi
9/10
Ivanhoe Elementary School
Public,•K-5•0.9mi
/10
Lexington Avenue Primary Center
Public,•K-2•1.1mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•1.3mi
5/10
Micheltorena Street Elementary School
Public,•K-5•1.4mi
4/10
Grant Elementary School
Public,•K-6•1.8mi
6/10
Cheremoya Avenue Elementary School
Public,•K-6•2.1mi
6/10
Thomas Starr King Middle School
Public,•6-8•0.9mi
3/10
Joseph Le Conte Middle School
Public,•6-8•2.2mi
8/10
John Marshall Senior High School
Public,•9-12•0.3mi
6/10
Hollywood Senior High School
Public,•9-12•3.2mi

Price History

Date
Event
Price
12/29/15
Sold
$1,595,000
03/30/05
Sold
$829,000
Condition Rating
Excellent
Despite being built in 1935, the property has undergone extensive, high-end renovations, as explicitly stated in the description. This includes updated plumbing, electrical, HVAC, newer metal roofs, and sewer lines. The rear unit's kitchen features top-of-the-line appliances (Miele, SubZero, Wolf), Carrara marble countertops, custom cabinetry, and modern finishes, which are clearly visible in the images. The bathroom also showcases modern design with marble-look tiling, a glass-enclosed shower, and contemporary fixtures. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Prime Los Feliz Location: Situated in the highly sought-after Los Feliz neighborhood, just two blocks from popular shops and restaurants on Hillhurst Avenue, offering exceptional walkability and lifestyle.
Versatile Multi-Unit Configuration: Comprising three distinct designer farmhouse bungalows, each fully self-contained with its own amenities and private outdoor space, providing immense flexibility for owner-occupancy, income generation, ADU use, or guest quarters.
Extensive High-End Renovations: The property has undergone significant modern upgrades including updated plumbing, electrical, HVAC, newer metal roofs, and sewer lines, with one unit featuring a top-of-the-line kitchen and smart home technology, minimizing immediate maintenance concerns.
Immediate Income Potential & Vacancy: All three units are separately metered for utilities and delivered vacant, offering a new owner immediate flexibility to set market rents or occupy units without tenant transition issues.
Ample Off-Street Parking: A significant advantage in Los Angeles, the property provides ample off-street parking for multiple units, enhancing convenience and value in a dense urban area.

Cons

Lack of Scenic Views: The property description explicitly states 'view: None,' which may be a drawback for buyers seeking panoramic or city views often associated with premium Los Angeles properties.
Age of Original Structure: Despite extensive modern renovations, the property's original construction dates back to 1935, which could potentially lead to unforeseen structural or historical preservation considerations not covered by recent upgrades.
Increased Management Complexity: Operating three separate bungalows, whether for personal use or as rental units, inherently involves more complex management and maintenance coordination compared to a single-family residence.

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