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4427 Alumni Avenue, Los Angeles, California 90041, Los Angeles, 90041 - 3 bed, 3 bath

4427 Alumni Avenue, Los Angeles, California 90041 home-pic-0
ACTIVE$870,000
4427 Alumni Avenue, Los Angeles, California 90041
3Beds
3Baths
1,179Sqft
2,803Lot

Price Vs. Estimate

The estimated value ($924,696.755) is $54,696.755 (6%) higher than the list price ($870,000). This property may be underpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Delevan Drive Elementary School (9/10).
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1179, other record living area = 842. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.

Compared to the nearby listings

Price:$870.0K vs avg $1.33M ($-465,000)4%
Size:1,179 sqft vs avg 1,651 sqft19%
Price/sqft:$738 vs avg $89621%

More Insights

Built in 1922 (103 years old).
Condition: Despite being built in 1922, this property was 'reimagined from the ground up in 2019,' meaning it underwent an extensive renovation within the last 5 years. The kitchen features new white shaker cabinets, quartz countertops, and a full suite of Samsung smart appliances, all in excellent, modern condition. Bathrooms are also fully updated with contemporary vanities, LED lit mirrors, and even a Bluetooth speaker in the primary bath. The property boasts new laminate flooring, central HVAC, tankless water heaters, energy-efficient windows, smart home controls, and fully paid-off solar panels. The attached ADU is also recently updated with a modern kitchenette and full bath. All components are virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1922
Close
-
List price
$870K
Original List price
$870K
Price/Sqft
$738
HOA
-
Days on market
-
Sold On
-
MLS number
25620043
Home ConditionExcellent
Features
Patio
View

About this home

Back on market- at no fault of seller! TURNKEY! Income Generator in the Heart of Eagle Rock! VACANT FRONT HOUSE. TENANT OCCUPIED FULLY PERMITTED ADU. Just minutes from Occidental College and surrounded by some of the best food, coffee, and culture NELA has to offer, this rebuilt 2 bed, 2 bath California Bungalow delivers serious value for both lifestyle seekers and savvy investors. Reimagined from the ground up in 2019, the main home features a bright open layout with laminate flooring and a newer kitchen with quartz countertops and a Samsung appliance package including smart screen refrigerator, range, and microwave. Both bathrooms are complete with LED lit mirrors for a touch of luxury, and the primary bath features a Bluetooth remote controlled speaker for easy, spa-like vibes during your morning routine. The modern amenities continue with central HVAC, tankless water heaters, LG washer & dryer, energy efficient windows, RING doorbell, smart home control, electric car charger, dedicated sewer line, privacy fence with motorized driveway gate, and fully paid-off solar panels! The attached studio ADU (approx. 337 sq ft) offers even more flexibility with its own private entrance. Complete with recessed lighting, kitchenette, a full bath with a spacious stand-up shower, and French doors that allow in natural light, the ADU is perfect for rental income, multigenerational living, or an OXY student who needs their own space. All of this sits just moments from highly regarded schools and all of Eagle Rock Blvd and York's best eateries, shops, and local standouts. Enjoy the convenience of your walkable Starbucks and Target, plus local favorites like Chifa, Bagel & Slice, Hilltop Coffee, Vinovore, Skafs on York, Capri Club, and Walt's Pinball. Opportunities like this don't come around often in one of Eagle Rock's most desirable pockets. If you want to get in while you still can, reach out today to schedule a showing. TENANT IS MONTH TO MONTH. PROPERTY WILL NOT BE DELIVERED VACANT.

Nearby schools

5/10
Toland Way Elementary School
Public,•K-6•0.3mi
9/10
Delevan Drive Elementary School
Public,•K-6•0.5mi
5/10
Buchanan Street Elementary School
Public,•K-6•0.8mi
8/10
Eagle Rock Elementary and Magnet Center
Public,•K-6•0.9mi
5/10
Yorkdale Elementary School
Public,•K-6•1.5mi
6/10
John Muir Elementary School
Public,•K-6•1.5mi
6/10
Dahlia Heights Elementary School
Public,•K-6•1.5mi
6/10
Rockdale Elementary School
Public,•K-6•1.6mi
6/10
Glenoaks Elementary School
Public,•K-6•1.9mi
4/10
Annandale Elementary School
Public,•K-6•1.9mi
6/10
San Rafael Elementary School
Public,•K-5•2.8mi
4/10
Roosevelt Elementary School
Public,•K-5•4.0mi
6/10
Theodore Roosevelt Middle School
Public,•6-8•2.1mi
6/10
Luther Burbank Middle School
Public,•6-8•2.1mi
6/10
Woodrow Wilson Middle School
Public,•6-8•2.4mi
2/10
Washington Middle School
Public,•6-8•5.3mi
7/10
Eagle Rock High School
Public,•7-12•1.0mi
7/10
Benjamin Franklin Senior High School
Public,•6-12•1.3mi
6/10
Glendale High School
Public,•9-12•1.7mi
4/10
Blair High School
Public,•6-12•4.2mi
3/10
John Muir High School
Public,•9-12•5.0mi

Price History

Date
Event
Price
10/25/19
Sold
$715,000
06/14/18
Sold
$512,500
Condition Rating
Excellent
Despite being built in 1922, this property was 'reimagined from the ground up in 2019,' meaning it underwent an extensive renovation within the last 5 years. The kitchen features new white shaker cabinets, quartz countertops, and a full suite of Samsung smart appliances, all in excellent, modern condition. Bathrooms are also fully updated with contemporary vanities, LED lit mirrors, and even a Bluetooth speaker in the primary bath. The property boasts new laminate flooring, central HVAC, tankless water heaters, energy-efficient windows, smart home controls, and fully paid-off solar panels. The attached ADU is also recently updated with a modern kitchenette and full bath. All components are virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Delevan Drive Elementary School (9/10).
Income-Generating ADU: The property features a fully permitted, tenant-occupied studio ADU with a private entrance, kitchenette, and full bath, offering significant rental income potential or flexible living arrangements.
Extensive Modern Renovation: The main home was 'reimagined from the ground up' in 2019, boasting a newer kitchen with quartz countertops and Samsung smart appliances, modern bathrooms, central HVAC, tankless water heaters, and energy-efficient windows.
Prime Eagle Rock Location: Situated in the 'Heart of Eagle Rock,' the property is minutes from Occidental College and offers excellent walkability to popular local eateries, shops, Starbucks, and Target, enhancing lifestyle and desirability.
Turnkey & Smart Home Features: Explicitly described as 'TURNKEY,' the property includes modern amenities such as a RING doorbell, smart home control, electric car charger, motorized driveway gate, and fully paid-off solar panels, ensuring low maintenance and energy efficiency.
Modern Conveniences: Beyond the renovation, the property includes high-end features like LED lit mirrors, a primary bath with a Bluetooth speaker, LG washer & dryer, and a dedicated sewer line, providing a luxurious and hassle-free living experience.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1179, other record living area = 842. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
Tenant Occupied ADU: The ADU is tenant-occupied on a month-to-month lease and will not be delivered vacant, which could pose challenges for buyers seeking immediate personal use or wishing to select their own tenants.
Compact Living Space: With a total of 1179 sq ft for 3 beds and 3 baths (including the ADU), the individual living areas, particularly in the main house, may feel compact for some buyers or families.
Small Lot Size: The lot size of 2803 sq ft is relatively small, which may limit outdoor living space, gardening opportunities, or future expansion potential compared to other properties in the area.

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