575 W Ave 28, Los Angeles, California 90065, Los Angeles, 90065 - 2 bed, 2 bath
Loading property details...
575 W Ave 28
Los Angeles, California 90065
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
835Sq Ft
0Lot Size
Property Price
LIST PRICE$549,000
EST. MARKET VALUE
$562,930
SUMMARY
FULL_VERSION
This Turnkey Condominium represents a Prime Investment Opportunity, listed at a List Price of $549,000—positioned well below the $562,930 Fair Market Value by 2%. This valuation gap provides $13,930 in Instant Equity. Featuring a Mint Condition Rating with high-end renovations and a mini-split HVAC, the home offers immediate comfort. Located just 0.2 miles from the highly-rated Mt. Washington Elementary School, this property is an ideal acquisition for first-time buyers or savvy investors seeking a low-maintenance, move-in ready asset in a vibrant, high-demand neighborhood.
SEO VERSION
Renovated 2-bed, 2-bath Cypress Park condo. Move-in ready with modern finishes, near top-rated Mt. Washington Elementary. Priced below market for instant equity.
Estimated Market Value
$562,930
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 575 W Ave 28 Subject | $549,000* List Price | 2 | 2 | 835 | $674 | - |
A 581 W Ave 28 Active | $599,000 List Price | 2 | 2 | 840 | $713 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a complete top-to-bottom renovation with modern, high-end finishes in the kitchen and bathrooms. It features updated systems including a mini-split HVAC unit and contemporary lighting, placing it in mint, move-in ready condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Renovations
The property has been comprehensively updated from top to bottom with contemporary finishes and a sleek kitchen, offering a move-in-ready experience for buyers seeking modern aesthetics.
- Prime Location
Situated in the heart of vibrant Cypress Park, the home offers excellent proximity to trendy neighborhoods like Highland Park and Atwater Village, as well as easy access to Downtown Los Angeles.
- Proximity to Quality Education
The property is located just 0.2 miles from Mt. Washington Elementary School, a highly-rated institution (7/10), which significantly enhances the home's long-term value and appeal to families.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 835, other record living area = 978. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Limited Square Footage
At only 835 square feet for a two-bedroom, two-bathroom layout, the interior living space is quite compact and may feel restrictive for some buyers.
- Condominium Ownership
As a condominium, the property involves shared walls and monthly association fees, which may be a drawback for those desiring the total privacy and autonomy of a single-family home.
About 575 W Ave 28
Nestled in the heart of vibrant Cypress Park, this beautifully renovated 2-bedroom, 2-bath home offers the perfect blend of modern style and neighborhood charm. Thoughtfully updated from top to bottom, the home features a bright, open layout with contemporary finishes, an inviting living space, and a sleek kitchen designed for both everyday living and effortless entertaining. The spacious bedroom provides a peaceful retreat, while the stylishly renovated bathroom adds a touch of luxury. Whether you're a first-time buyer, looking to downsize, or searching for the perfect investment opportunity, this home delivers comfort, character, and exceptional value. Ideally situated just moments from local favorites including neighborhood cafs, acclaimed restaurants, boutique shopping, and nearby parks, with easy access to Highland Park, Atwater Village, Downtown Los Angeles, and major freeways. Move-in ready and full of charm, this Cypress Park gem is one you won't want to miss.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 0
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $250.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Mt. Washington Elementary School
Grades K-6 • 0.2 mi
7/10
Aldama Elementary School
Grades K-6 • 0.6 mi
3/10
Aragon Avenue Elementary School
Grades K-5 • 0.9 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 835 | 1,219.385 |
| Lot Size | - | 27,236.074 |
| Price | $549.0K | $800.2K |
| Price per sq ft | $657 | $650 |
| Built year | 0 | 1979 |
| HOA | $250.0 | $685 |
| Days on market | 34 | 72 |
Pricing History
Listed for Sale
Aug 6, 2026
$549,000
Initial Listing
Sold
Aug 28, 2002
$425,000
Public Record
Sold
Jun 20, 2001
$199,000
Public Record