
Los Angeles, California 90038
This Turnkey California Bungalow is a High-Potential Investment Opportunity, listed at $1,250,000—positioned above the $1,119,553 Fair Market Value. While priced for its premium 2022 full remodel and LR3 Zoning potential, the property offers significant long-term upside through its versatile converted garage and rental income potential. Featuring a mint condition rating, this home provides a seamless lifestyle with modern systems and a private backyard. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready residence in a vibrant, high-demand neighborhood.
Property is new construction or fully renovated.
The property underwent a comprehensive full remodel in 2022 (less than 5 years ago), featuring a brand-new chef's kitchen with modern appliances, updated bathrooms, and significant system upgrades including copper plumbing and a new tankless water heater. It is in mint, turnkey condition.
Extensively remodeled in 2022 with updated plumbing, systems, and contemporary finishes, this 1917 bungalow perfectly balances historic architectural charm with modern reliability.
The LR3-zoned corner lot offers significant upside for future expansion or additional units, complemented by a strong projected rental income of up to $5,500 per month.
A converted garage and a rare, large attic provide flexible options for a home office, creative studio, or extensive storage, maximizing the functional utility of the property.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1540, other record living area = 1140.
Situated in the heart of Hollywood, the property is subject to the high-traffic and noise levels typical of a central, high-density metropolitan environment.
With much of the 5,002 sqft lot dedicated to hardscape, parking, and the converted garage, there is limited traditional lawn or garden space for buyers prioritizing soft landscaping.
Welcome to this rare and beautifully upgraded California Bungalow, offering the perfect blend of character, comfort, and modern living in the heart of Hollywood. Whether you're a first-time homebuyer, a growing family looking to put down roots, or someone seeking a home with strong long-term investment value, this property presents an exceptional opportunity in one of Los Angeles' most desirable neighborhoods. Thoughtfully remodeled in 2022, the home combines timeless architectural charm with modern upgrades, including updated plumbing, refreshed systems, and stylish contemporary finishes throughout. From the moment you arrive, you'll be welcomed by a fully fenced front yard, electric driveway gate, lush landscaping, and an oversized front porch, an inviting space for morning coffee, evening relaxation, or connecting with neighbors. Inside, natural light fills the warm and inviting living spaces. New flooring, fresh interior and exterior paint, upgraded windows, and privacy blinds complement the home's original character, including built-ins, decorative moldings, French doors, and a classic gas fireplace. A large picture window brightens the spacious living room, which flows seamlessly into the dining area featuring a charming built-in wood cabinet. The beautifully updated kitchen is designed for everyday living and entertaining, complete with new countertops, cabinetry, and appliances. The home offers three generously sized bedrooms and two updated bathrooms, including a convenient half bath, providing flexibility for families, guests, or those working from home. A large attic offers valuable additional storage, while the functional floor plan delivers both comfort and practicality for modern lifestyles. Adding to its versatility, the converted garage can serve as a home office, playroom, guest suite, fitness space, creative studio, or bonus room, allowing the home to adapt to your evolving needs. The property also offers strong rental income-earning potential, making it an attractive option for buyers seeking future flexibility and investment value. Outside, the private backyard is designed for easy entertaining and everyday enjoyment, featuring updated hardscaping, an outdoor TV setup, and plenty of space for dining, gatherings, and relaxation. Additional upgrades include a tankless water heater, copper plumbing, and three off-street parking spaces. Situated on a generous corner lot with desirable LR3 zoning, the property also offers future development and expansion potential. Just moments from Hollywood's renowned restaurants, cafes, shopping, entertainment, and cultural attractions, you'll enjoy the convenience of a vibrant, walkable lifestyle while still having a place to call home.Move-in ready and full of opportunity, this charming California Bungalow is ideal for first-time buyers, families, professionals, and investors alike, a rare chance to own a beautifully updated home in one of Los Angeles' most iconic neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,340 | 1,672 |
| Lot Size | 5,002 | 6,067 |
| Price | $1.20M | $1.37M |
| Price per sq ft | $895 | $801 |
| Built year | 1917 | 1939 |
| HOA | $0 | $348 |
| Days on market | 40 | 56 |
Jul 20, 2026
$1,199,000
$1,250,000
-4% Price Drop
Initial Listing
Jun 12, 2026
$1,250,000
Initial Listing
Apr 25, 2014
$565,005
Public Record
Jun 30, 2000
$235,000
Public Record