
Los Angeles, California 90041
This Modern TIC Bungalow is a Strong Value Opportunity, listed at $699,000—positioned well below the $775,174 Fair Market Value by 9%. This valuation gap offers $76,174 in Instant Equity for the buyer. Featuring a 2023 Construction with an Excellent Condition Rating, this home includes a Granite Kitchen and energy-efficient systems. Located in a premier district with access to Top-Rated Schools like Delevan Drive Elementary, it is an ideal choice for first-time buyers or Owner-Occupants seeking a turnkey, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4363 1/2 Eagle Rock Boulevard Subject | $699,000* List Price | 2 | 2 | 1,065 | $728 | - |
A 3834 W Avenue 43 2 Sold | $722,000 | 2 | 2 | 960 | $752 | 0.1 mi |
B 3832 W Avenue 43 5 Sold | $719,000 | 2 | 2 | 960 | $749 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2023 construction in mint condition. It features modern energy-efficient mini-split HVAC systems, recessed LED lighting, a contemporary chef's kitchen with granite countertops, and updated bathrooms with custom tile work, requiring zero maintenance.
Elementary School: Delevan Drive Elementary School (9/10).
Built in 2023, this home offers a turnkey living experience with contemporary finishes, energy-efficient mini-split climate control, and high-end stainless steel appliances.
The property is located within the boundaries of highly-rated schools, including Delevan Drive Elementary (9/10) and Eagle Rock Elementary (8/10), providing significant long-term value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1065, other record living area = 930.
As a Tenants in Common (TIC) property, it requires specialized financing and may have a more complex ownership structure compared to traditional condos or single-family homes.
The property features a low-maintenance concrete walkway and lacks a traditional private yard or significant views, which may be a drawback for buyers seeking outdoor versatility.
Newly built modern TIC Bungalow in one of Northeast LA’s premier locations! Built brand-new from the ground up in 2023, this pristine 2-bedroom, 2-bathroom residence spans a generous 1,065 square feet of contemporary, light-filled living space. Perfectly tailored for buyers seeking a condo alternative without the restrictive fees, or an outstanding investment in a highly desired area, this home sits just moments from Occidental College and the popular culture, dining, and nightlife hubs of surrounding Highland Park. Step inside to a sweeping, open-concept floor plan boasting beautiful wide-plank flooring, recessed LED lighting, and energy-efficient mini-split climate control systems throughout. The sleek chef's kitchen features custom flat-panel white cabinetry, elegant granite countertops, and premium stainless steel appliances. Both spacious bedrooms offer a peaceful retreat, complemented by two beautifully designed bathrooms featuring crisp white vanities, modern fixtures, and floor-to-ceiling custom tile work. Outside, a clean, low-maintenance concrete walkway leads to a private entry area, ensuring total comfort and effortless urban living. Don't miss the chance to secure a practically brand-new home at an incredible value in the heart of the market!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,065 | 1,690 |
| Lot Size | 6,045 | 21,837 |
| Price | $699.0K | $951.3K |
| Price per sq ft | $656 | $610 |
| Built year | 2023 | 1984 |
| HOA | $167.0 | $712 |
| Days on market | 30 | 63 |
Jun 22, 2026
$699,000
Initial Listing
Oct 20, 2022
$1,050,000
Public Record
Sep 7, 2016
$525,000
Public Record
Feb 3, 2012
$300,000
Public Record