
Los Angeles, California 90016
This Stunning Spanish Colonial Revival is a Strong Value Opportunity, listed at $1,595,000—positioned well below the $1,784,100 Fair Market Value by 10%. This valuation gap offers $189,100 in Instant Equity for the buyer. With an Excellent Condition Rating, the home features a 730 SF Guest House, Solar Panels, and a Cedar Soaking Tub. This turnkey property balances historic character with modern systems, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium Mid City lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5015 W 20th Street Subject | $1,595,000* List Price | 4 | 3 | 2,836 | $629 | - |
A 2209 West Boulevard Sold | $1,142,000 | 4 | 3 | 1,781 | $641 | 0.6 mi |
B 2116 S Cloverdale Active | $1,580,000 List Price | 5 | 3 | 2,592 | $610 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1935, the property has undergone a comprehensive high-end renovation within the last 5 years. All critical systems have been modernized, including a 200-amp electrical panel, full rewiring, copper plumbing, a newer roof, solar panels, and tankless water heaters. The interior features designer finishes, updated HVAC, and a fully renovated guest house, placing it in mint, move-in-ready condition with no deferred maintenance.
The 730 SF guest house with a full kitchen, bath, and separate entrance offers significant value for multi-generational living or potential rental income as an ADU.
At nearly 10,000 SF, the oversized lot is a rare find in Mid City, providing a private outdoor oasis with mature landscaping, a cedar soaking tub, and ample entertaining space.
This 1935 Spanish Colonial Revival perfectly balances original architectural details with essential modern upgrades, including solar panels, updated electrical, and copper plumbing.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2836, other record living area = 2058. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
While the property features a new driveway, the absence of a formal garage may be a drawback for buyers seeking secure covered parking or additional enclosed storage.
Despite the home's elevated position above the street, the property lacks significant views, which is often a sought-after feature at this price point in the Los Angeles market.
Set back and elevated above the street, this 4 bed/3 bath Spanish Colonial Revival is brimming with original character. A large front porch welcomes you and through the formal entry a living room with beamed ceilings, stunning original fireplace, and French windows sets the tone immediately. Life flows naturally from here. The open-concept family room and dining area open seamlessly to the backyard, an ideal spot for relaxed afternoons or dinners with friends. The light-filled kitchen offers ample storage, a vegetable garden just outside the back door, and a casual dining nook perfect for slow weekend breakfasts or a quiet morning coffee. The primary suite is a serene retreat: two uniquely large walk-in closets, an additional wardrobe/shoe closet, and a classic en suite with tub, shower, dual sinks, and a vintage leaded glass window looking out onto fruit trees. Two more bedrooms in the main house each offer walk-in closets and plenty of space for guests. The second bath, with separate tub and shower, carries the same stylish vibe. The backyard is a private oasis surrounded by mature trees and strategically planted landscaping. Lounge or dine alfresco under the open sky, gather around the fire pit with Adirondack chairs and hanging lanterns on a cool LA night, or enjoy shade on a hot summer day beneath the canopy of a majestic eucalyptus tree, the guardian of this wonderful outdoor space. A sunken cedar soaking tub for four and grassy areas complete the rare almost 10,000 SF lot. Set privately at the back of the property, the 730 SF guest house earns its own chapter: living and dining area, full kitchen, full bath, and an upstairs bedroom with views and generous closet space. With direct entrance from the driveway, two mini-splits, and its own tankless water heater, it offers excellent potential for conversion to an ADU. A generous bonus room with built-in storage is ready to become a home office, gym, or creative studio, while a garden shed handles the rest. With colors carefully curated by Farrow & Ball, this is a home that has been lovingly updated. Modern where it counts while holding fast to the original details and quiet character that so many renovated homes leave behind these days. Features include central ac/heat, newer roof, 200 amp electrical panel, rewired, copper plumbing, tankless water heaters, new driveway, exterior drainage system, and solar panels. Step outside and Mid City rewards you immediately. Jurassic Magic Coffee and Convi are just around the corner. Alta, Chulita, Mian, Vicky's All Day, Delicious Pizza, and Mizlala are all within blocks, or stop for an award-winning cocktail at Damn I Miss Paris. Shop at what many consider the best Whole Foods in the city, or browse the Wellington Farmer's Market on Washington every Sunday. And the location itself is something: Culver City to the west, Mid-Wilshire and Hancock Park to the north, Kenneth Hahn State Park to the south, and Downtown to the east, with both the Expo Line and newly opened D Line close by. This could be exactly what you need and the right place to begin your next chapter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 84% |
| Baths | 3.0 | 2.0 | 84% |
| Square foot | 2,836 | 1,453 | 96% |
| Lot Size | 9,782 | 6,002 | 98% |
| Price | $1.59M | $1.00M | 93% |
| Price per sq ft | $562 | $725 | 16% |
| Built year | 1935 | 1930 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 126 | 4% |
May 27, 2026
$1,595,000
Initial Listing
Apr 6, 2006
$785,000
Public Record
Oct 20, 1997
$169,000
Public Record