4905 Morgan Avenue, Los Angeles, California 90011, Los Angeles, 90011 - 2 bed, 1 bath
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Los Angeles, California 90011
This Versatile Residential Property is listed at $500,000, representing a stable entry point positioned near its $492,025 Fair Market Value. The home holds a Move-In Ready Condition Rating following extensive interior updates, including a modernized kitchen with stone countertops and stainless steel appliances. A key highlight is the 200-square-foot converted garage, providing immediate "house hack" potential for rental income or multigenerational living. Situated in the Los Angeles Unified School District, this 1924-built home offers a blend of character and utility. It is perfectly suited for Owner-Occupants or first-time buyers seeking a turnkey asset with built-in versatility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4905 Morgan Avenue Subject | $500,000* List Price | 2 | 1 | 876 | $562 | - |
A 1418 E 54th Street Sold | $575,000 | 2 | 2 | 780 | $737 | 0.4 mi |
B 5323 Latham Active | $529,000 List Price | 3 | 1 | 964 | $549 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite its 1924 construction, the property is in move-in ready condition due to significant recent interior updates. The kitchen is modernized with white shaker-style cabinetry, stone countertops, recessed lighting, and stainless steel appliances. The living areas feature updated wood-look laminate flooring and fresh paint. While the exterior and some windows reflect the home's age, the primary living spaces and major cosmetic components have been well-maintained and updated to meet current market standards.
The property features a 200-square-foot converted garage with a bedroom and bathroom, providing a versatile space for rental income, a home office, or multigenerational living.
Fresh interior paint throughout and new flooring in the laundry room offer a clean, modern aesthetic that allows for immediate occupancy without urgent cosmetic repairs.
Priced at $500,000, this residence represents a highly competitive entry-level opportunity for the Los Angeles market, appealing to both first-time buyers and investors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 876, other record living area = 735. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With a total living area of 876 square feet on a compact 2,347-square-foot lot, the property offers restricted indoor and outdoor space for larger families or storage.
Built in 1924, the home may require ongoing maintenance or future capital improvements to major systems like plumbing and electrical that are common with older structures.
Welcome to 4905 Morgan Ave in Los Angeles 90011, a charming and versatile property offering comfort, style, and exceptional income potential. The main home features approximately 800 square feet with 2 bedrooms and 1 bathroom, creating a warm and functional living space that feels inviting from the moment you enter. Fresh interior paint throughout gives the home a clean, updated look, while new flooring in the laundry room adds a nice modern touch. Adding even more value, the converted garage offers approximately 200 square feet with 1 bedroom and 1 bathroom, providing flexible space for extended family, guests, a home office, or a possible rental setup. This unique layout makes the property especially appealing for buyers seeking a smart investment, multigenerational living, or a great income opportunity. Conveniently located in Los Angeles’ 90011 area, 4905 Morgan Ave combines practicality, versatility, and upside in one attractive package. Whether you are looking for a place to call home or a property with added earning potential, this is an opportunity you will not want to miss.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.4 mi
Grades 1-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 38% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 876 | 1,138.5 | 25% |
| Lot Size | 2,347 | 4,433.5 | 13% |
| Price | $500.0K | $553.0K | 31% |
| Price per sq ft | $571 | $512 | 69% |
| Built year | 1924 | 1909 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 207 | 3% |
Mar 20, 2026
$500,000
Initial Listing
Feb 23, 2018
$361,000
Public Record
Nov 2, 2010
$107,000
Public Record
May 3, 2002
$83,500
Public Record