
Los Angeles, California 90041
This property presents a Strong Value Opportunity with a List Price of $1,298,000—positioned well below the $1,427,603 Fair Market Value by 9%. This valuation gap offers $129,603 in Instant Equity for buyers. Featuring a Condition Rating of 5, the home requires a full rehab, yet its 9,106 sq. ft. corner lot and panoramic mountain views provide significant upside for expansion or an ADU. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a high-potential project in Eagle Rock.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4691 College View Subject | $1,298,000* List Price | 3 | 2 | 2,132 | $670 | - |
A 2338 Ridgeview Active | $995,000 List Price | 4 | 3 | 1,352 | $736 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1935, this property shows significant age with no evidence of recent renovations. The kitchen and bathrooms feature tiling and fixtures that appear to be 40+ years old, and the interior includes dated wood paneling and worn carpeting. The listing's focus on 'future potential' and 'upside' further indicates that the home requires a full rehab of its finishes and likely its aging systems.
Built in 1935, this residence features timeless architectural details and authentic Spanish charm that is highly coveted in the Northeast Los Angeles market.
The generous 9,106 sq. ft. corner lot is a rarity for the area, providing exceptional privacy and significant upside potential for an ADU, pool, or home expansion.
Perfectly positioned in a desirable neighborhood, the property offers excellent walkability to local boutiques and cafes while maintaining easy access to Pasadena, Glendale, and DTLA.
The layout distributes bedrooms and living spaces across two floors in a non-traditional configuration, which may feel disjointed for buyers preferring a modern open-concept flow.
As a 1930s treasure with 'extraordinary future potential,' the home likely requires significant capital investment to modernize systems and finishes to meet contemporary standards.
A rare offering in one of Northeast Los Angeles most desirable neighborhoods, this enchanting Spanish Revival residence seamlessly blends timeless architecture, exceptional character, and extraordinary future potential. Prominently situated on a generous 9,106 sq. ft. corner lot, this 1935 treasure captures the essence of California living. From the moment you arrive, the home's distinctive Spanish character and prominent corner-lot setting create a lasting impression. Inside the 2 story residence you will find 2 bedrooms and 1 bathroom on the top floor and on the bottom floor you will find a living room with a bonus office and bathroom. Filled with warmth, natural light, and the authentic details that make Spanish homes so coveted. The expansive lot is a true rarity in Eagle Rock, providing a remarkable sense of privacy, openness, and opportunity. Whether envisioning lush gardens, outdoor entertaining spaces, a resort-inspired retreat, an expanded residence, or a future ADU, the possibilities are exceptional (buyer to verify). Perfectly positioned near the vibrant restaurants, boutiques, cafés, and cultural destinations that define Eagle Rock, while offering convenient access to Highland Park, Pasadena, Glendale, Silver Lake, and Downtown Los Angeles, this property combines neighborhood charm with city convenience. Opportunities to acquire a character-rich Spanish home on a lot of this size and prominence are increasingly rare. Whether you are seeking a distinctive primary residence, a long-term investment, or a property with significant upside potential, this remarkable home presents an opportunity not to be missed.Classic Spanish architecture. A premier corner-lot setting. Endless possibilities. Welcome to one of Eagle Rock's most compelling opportunities.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,132 | 1,664.159 |
| Lot Size | 9,106 | 6,066.556 |
| Price | $1.30M | $1.35M |
| Price per sq ft | $609 | $806 |
| Built year | 1935 | 1939 |
| HOA | $0 | $278 |
| Days on market | 10 | 55 |
Aug 30, 2026
$1,298,000
Initial Listing