
Los Angeles, California 90065
This Enchanting Spanish Bungalow is a Prime Investment Opportunity, listed at $950,000—positioned well below the $992,850 Fair Market Value by 4%. This valuation gap offers $42,850 in Instant Equity. Boasting a Condition Rating of 3, the residence features hickory hardwood floors, panoramic DTLA views, and a bolted foundation. Located in the sought-after Mount Washington neighborhood near top-rated schools, it blends historic charm with modern structural upgrades. This is an exceptional find for Owner-Occupants or first-time buyers seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 723 Isabel Subject | $950,000* List Price | 2 | 1 | 952 | $1,043 | - |
A 1153 Isabel Sold | $976,000 | 2 | 1 | 870 | $1,122 | 0.4 mi |
B 4862 Glenalbyn Drive Sold | $1,195,000 | 3 | 2 | 924 | $1,293 | 0.9 mi |
C 421 Beech Street Sold | $1,220,000 | 3 | 2 | 1,132 | $1,078 | 0.2 mi |
D 502 Dove Drive Sold | $873,000 | 2 | 1 | 858 | $1,017 | 0.9 mi |
E 2630 Maceo Active | $869,000 List Price | 3 | 2 | 1,036 | $839 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1929 Spanish bungalow is in move-in ready condition with several high-quality updates. Key features include new double-pane windows, central HVAC, a bolted foundation, and premium hickory hardwood flooring. The kitchen features custom oak cabinetry and a vintage stove that aligns with the home's period charm, though the tile countertops and white appliances are not brand new. The exterior is well-maintained with new tile steps and professional landscaping, meeting the criteria for a well-maintained property with functional major systems.
This 1929 Spanish bungalow perfectly blends vintage charm—such as cove ceilings and arches—with essential modern improvements including central air, double-pane windows, and a bolted foundation.
The property features a meticulously landscaped backyard oasis with a koi pond, writer’s gazebo, and multiple entertaining zones, offering a level of outdoor utility and privacy rarely found on a lot of this size.
The home offers stunning, unobstructed views of the Downtown Los Angeles skyline, Griffith Observatory, and Dodger Stadium fireworks, providing a premium visual experience that enhances property value.
At just 952 square feet with only one bathroom, the home’s compact footprint may be a significant constraint for growing families or buyers requiring more versatile living space.
While situated in a sought-after neighborhood, the assigned elementary school has a low rating of 2, which may be a deterrent for families prioritizing immediate access to high-performing public education.
ENCHANTING MOUNT WASHINGTON SPANISH BUNGALOW. You’ll be charmed when you walk up the new and colorful tile steps to this inviting 2-bedroom/1-bath home. A stunning bougainvillea lends shade and privacy to the front yard and a peaceful patio. Crossing the threshold brings you to an airy open living space, with Spanish period details: Cove ceilings, arches, and a unique mock fireplace. Gorgeous and hard-wearing hickory hardwood floors stretch from living room to kitchen to hallway, and the brand new double-pane windows pour in natural light and highlight the striking views. All cooled and warmed by central air. Find loads of storage and abundant counter-space in the custom oak kitchen, with vintage stove and tiles and a hideaway washer/dryer. The main bedroom is a relaxing retreat, and the second bedroom - with a charming window-seat – can also convert to a studio, or a home office. Both bedrooms have good storage and custom bookshelves. But step outside and enter a paradise perfect for entertaining. The meandering backyard is beautifully landscaped, shaded by mature trees and fully fenced (perfect for dogs!). There are multiple gathering areas, including a BBQ terrace with koi pond, writer’s gazebo, workout pavilion, and fire pit. Birds and butterflies love the rose trees, palm, Mexican Marigold, and California Lilac. Imagine sipping summer cocktails as you take in gorgeous sunsets and spectacular views of downtown, Griffith Observatory, and Dodger Stadium fireworks. There’s even a small, detached garage, with electrical, and the home’s foundation is bolted. Come discover this alluring bungalow in exclusive Mount Washington, with welcoming neighbors and easy access to freeways and downtown. Shop or eat on thriving Cypress Avenue, visit Northeast LA's shops, restaurants, and galleries, then come home to your own peaceful oasis.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 26% |
| Baths | 1.0 | 2.5 | 17% |
| Square foot | 952 | 1,660.5 | 13% |
| Lot Size | 5,393 | 5,769.5 | 40% |
| Price | $950.0K | $1.24M | 26% |
| Price per sq ft | $998 | $766 | 81% |
| Built year | 1929 | 1951 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 173 | 1% |
Apr 7, 2026
$950,000
Initial Listing
Apr 18, 2002
$176,500
Public Record
Oct 26, 2000
$105,000
Public Record