
Los Angeles, California 90011
This Turnkey 1924 Bungalow is a Strong Value Opportunity, listed at $539,000—positioned well below the $540,639 Fair Market Value by 0.3%. Featuring a 2022 Full Renovation, this home offers modern efficiency with Central HVAC and a Tankless Water Heater. While the lot size is compact, the property’s proximity to USC and Downtown Los Angeles provides significant lifestyle appeal. With an Excellent Condition Rating, this residence is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready home in a growing urban corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5108 Towne Avenue Subject | $539,000* List Price | 2 | 1 | 816 | $663 | - |
A 5323 Latham Sold | $550,000 | 3 | 1 | 964 | $571 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a full renovation in 2022, placing it well within the <5-year renovation window for an Excellent rating. It features a modern kitchen with updated cabinetry and stainless steel appliances, a contemporary bathroom with designer tiling, and upgraded systems including central HVAC, a tankless water heater, and updated windows.
The property was fully renovated in 2022, featuring modern upgrades such as bamboo flooring, updated windows, and a tankless water heater, offering a turnkey experience with contemporary efficiency.
Ideally situated minutes from USC, Downtown Los Angeles, and BMO Stadium, this home provides exceptional access to major employment hubs, cultural landmarks, and entertainment venues.
Unlike many historic bungalows, this residence includes central heat and air conditioning, ensuring year-round comfort and adding significant value to a 1920s-era home.
With only 816 square feet of living space and a modest 2,560 square foot lot, the property offers very limited room for growing families or outdoor expansion.
The majority of the assigned public schools in the immediate vicinity have low ratings, which may be a deterrent for families prioritizing educational quality and could impact future appreciation.
Tucked into a charming, tree-lined street in South Los Angeles, this beautifully updated 1924 bungalow offers the perfect blend of character, comfort, and community. Ideally located just minutes from the University of Southern California, Downtown Los Angeles, Exposition Park, and BMO Stadium, you’re right in the center of everything Los Angeles has to offer while still enjoying a peaceful residential setting. Fully renovated in 2022, this 2-bedroom, 1-bath home is warm, inviting, and thoughtfully designed. The open living spaces flow effortlessly into a modern kitchen, creating an ideal layout for both everyday living and entertaining. Bamboo flooring, updated windows, central heat and air, and a tankless water heater bring comfort and efficiency, while stylish finishes give the home a fresh yet timeless feel. Step outside and experience a true neighborhood vibe—tree-lined streets, nearby green spaces like South Park Recreation Center and South Los Angeles Wetlands Park, and a strong sense of community that’s becoming harder to find in Los Angeles. With local eateries, cultural landmarks, and ongoing neighborhood growth all around, this is a unique opportunity to be part of an area full of energy, pride, and potential.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 816 | 1,672 |
| Lot Size | 2,560 | 6,067 |
| Price | $539.0K | $1.37M |
| Price per sq ft | $661 | $801 |
| Built year | 1924 | 1939 |
| HOA | $0 | $348 |
| Days on market | 6 | 56 |
Jul 16, 2026
$539,000
Initial Listing
Mar 2, 2022
$402,000
Public Record
Jun 7, 2021
$285,000
Public Record