
Los Angeles, California 90039
This 1920s residence represents a Strong Value Opportunity, listed at $968,000—positioned well below the $1,035,307 Fair Market Value by 6%. This valuation gap provides $67,307 in Instant Equity for the next owner. With a Condition Rating of 4, the property requires cosmetic updates, offering significant upside in a prime Atwater Village location. Proximity to top-rated schools like Ivanhoe Elementary and local amenities makes this a compelling acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4511 Brunswick Avenue Subject | $899,000* List Price | 3 | 2 | 1,201 | $806 | - |
A 3903 Boyce Sold | $1,125,000 | 3 | 3 | 1,376 | $818 | 0.8 mi |
B 4123 Chevy Chase Active | $850,000 List Price | 5 | 4 | 1,588 | $535 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1920, the property features a dated renovation (likely 15-20+ years old) with a budget-friendly kitchen and mosaic-tiled bathroom. While it includes modern essentials like central HVAC and recessed lighting, the listing's emphasis on 'value-add opportunity' and 'vision for renovation' confirms it needs updates to meet current market standards.
Elementary School: Ivanhoe Elementary School (9/10).
Situated in one of Northeast LA's most desirable neighborhoods, the property offers exceptional proximity to Griffith Park, the LA River bike path, and the trendy shops and cafes of Los Feliz and Atwater Village.
Set toward the rear of the lot behind an expansive automatic gate, the home provides a private retreat featuring mature fruit trees and a large front yard with significant potential for outdoor entertaining or future expansion.
The property is positioned as a project for buyers with a 'vision for renovation,' implying that immediate capital investment is likely necessary to modernize the 1920s structure and finishes.
Offering only 1.5 bathrooms for a three-bedroom residence, the current layout may be a drawback for families or buyers expecting a full primary en-suite or a more modern bathroom-to-bedroom ratio.
An incredible opportunity has arrived in one of Los Angeles' most sought-after neighborhoods. 4511 Brunswick Avenue presents the chance to create, renovate, or reimagine a single-family home in the heart of Atwater Village. Set behind an expansive automatic gate on a 5,000 sq ft lot, this 3-bedroom, 1.5-bath home offers privacy, mature fruit trees, and endless potential for an owner-user, investor, contractor, or developer looking for their next project. Bring your vision and unlock the possibilities restore the existing character, renovate to your taste, or explore the property's future potential. Located moments from Atwater Village favorites, Griffith Park, Silver Lake, Los Feliz, local shops, dining, cafes, boutiques, and major commuter routes. A significant price improvement creates one of the most compelling opportunities in 90039. A rare chance to secure a foothold in Atwater Village at a price point rarely seen. Opportunity knocks!
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.0 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,201 | 1,672 |
| Lot Size | 5,001 | 6,067 |
| Price | $899.0K | $1.37M |
| Price per sq ft | $749 | $801 |
| Built year | 1920 | 1939 |
| HOA | $0 | $348 |
| Days on market | 21 | 56 |
Jul 11, 2026
$899,000
$968,000
-7% Price Drop
Initial Listing
Jul 1, 2026
$968,000
Initial Listing
Feb 19, 2009
$575,000
Public Record
Mar 7, 2006
$640,000
Public Record
Sep 30, 1994
$131,000
Public Record
Jul 22, 1994
$16,700
Public Record