
Los Angeles, California 90023
This Turnkey Colonial-style residence represents a Strong Value Opportunity, listed at $1,095,000—positioned well below the $1,139,540 Fair Market Value by 3%. This valuation gap offers $44,540 in Instant Equity for the buyer. Featuring a Mint Condition Rating with high-quality modern updates, the property includes a generous 6,040 sqft lot with significant ADU potential. Its proximity to the Arts District and Downtown Los Angeles makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a historic, move-in ready home.
Property is new construction or fully renovated.
While originally built in 1902, the property has undergone a comprehensive and high-quality remodel within the last 5 years. The bathrooms feature modern subway tile and contemporary fixtures, the interior wood trim and floors are refinished, and the exterior shows fresh paint and new concrete work, placing it in mint, move-in ready condition.
This 1902 Colonial-style home features rare architectural details like bay windows and a classic balcony, offering a unique character and timeless curb appeal that is increasingly rare in Los Angeles.
Ideally situated in Boyle Heights near the Sixth Street Viaduct and the Arts District, the property offers excellent proximity to Downtown Los Angeles and Hollenbeck Park, making it highly desirable for urban professionals.
The generous 6,040 sqft lot includes a detached shed with electricity and ample backyard space, providing a significant opportunity for an ADU conversion or a creative studio to increase property value.
Given the home's 1902 construction date, buyers may face higher ongoing maintenance requirements and potential needs for further systemic upgrades common in properties of this vintage.
With four bedrooms but only one full bathroom located on the upper level, the current configuration may be a drawback for larger families or those seeking a more modern bed-to-bath ratio.
This distinguished 1902 Colonial blends timeless architecture, generous scale, and thoughtful modern updates in one of Los Angeles' most historic Eastside neighborhoods. Ideally located just minutes from Downtown Los Angeles, the Arts District, and the iconic Sixth Street Viaduct, this remarkable home offers the perfect balance of historic character and urban convenience. From the moment you arrive, the home captivates with its classic Colonial architecture, striking bay windows, and charming second-story balcony overlooking the front yard, an inviting spot to enjoy your morning coffee. Inside, modern updates have been carefully integrated while preserving the home's original craftsmanship and historic integrity. Rich architectural details, spacious rooms, and abundant natural light create a warm, inviting atmosphere throughout. The thoughtfully designed floor plan offers exceptional flexibility, with generously sized rooms that can easily adapt to changing lifestyles, whether for bedrooms, a home office, creative space, or guest accommodations. A cozy den with a fireplace adds warmth and versatility to the main level. Outside, the expansive backyard provides exceptional space for entertaining, gardening, or future expansion, including excellent ADU potential (buyer to verify). A detached shed with electricity offers incredible flexibility as a workshop, studio, creative space, or additional storage. Private gated parking accommodates multiple vehicles.A rare opportunity to own a beautifully preserved piece of Los Angeles history, this distinctive residence offers timeless character, versatile living spaces, and an unbeatable location just moments from some of the city's most exciting dining, arts, and cultural destinations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,156 | 1,664.159 |
| Lot Size | 6,040 | 6,066.556 |
| Price | $949.0K | $1.35M |
| Price per sq ft | $440 | $806 |
| Built year | 1902 | 1939 |
| HOA | $0 | $278 |
| Days on market | 119 | 55 |
Jul 8, 2026
$949,000
$995,000
-5% Price Drop
Initial Listing
May 28, 2026
$995,000
$1,095,000
-9% Price Drop
Initial Listing
May 13, 2026
$1,095,000
Initial Listing
Aug 27, 2021
$975,000
Public Record