
Los Angeles, California 90019
This Turnkey Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,850,000, which aligns closely with the $1,877,467 Fair Market Value. Featuring a Condition Rating of 2, this 1922 home offers a seamless blend of historic character and modern upgrades, including dual-pane windows and updated HVAC. With a proven track record as a furnished rental and potential for ADU expansion, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in-ready asset in a prime Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 942 S Bronson Avenue Subject | $1,850,000* List Price | 4 | 4 | 2,660 | $706 | - |
A 1506 Crenshaw Boulevard Sold | $1,385,000 | 4 | 3 | 2,427 | $571 | 0.7 mi |
B 940 Westchester Place Sold | $1,939,000 | 5 | 3 | 2,647 | $733 | 0.4 mi |
C 1236 S Mullen Avenue Sold | $1,426,200 | 6 | 4 | 2,314 | $616 | 0.8 mi |
D 1142 S Windsor Boulevard Sold | $1,295,000 | 3 | 3 | 2,120 | $611 | 0.4 mi |
E 4308 Victoria Park Drive Sold | $2,100,000 | 6 | 7 | 3,606 | $582 | 0.8 mi |
F 1026 S Windsor Boulevard Active | $1,750,000 List Price | 3 | 4 | 2,673 | $655 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1922, the property has undergone a comprehensive recent renovation (likely within the last 5 years) as evidenced by the modern kitchen with stainless steel appliances, shaker cabinetry, and updated flooring. The inclusion of newly installed dual-pane windows and modern mini-split HVAC systems indicates that major systems have been modernized, making it a turnkey, mint-condition residence.
The property offers multiple high-value opportunities, including a proven track record as a furnished rental, a potential $8,500/month seller leaseback option, and a large lot with ADU expansion potential.
Situated in the prestigious Hancock Park-Wilshire area, the home provides immediate access to Koreatown, Larchmont Village, and DTLA, ensuring strong long-term appreciation and high rental demand.
This 1922 residence seamlessly blends historic charm with modern upgrades, featuring a spacious 4-bedroom layout, newly installed dual-pane windows, and updated outdoor spaces for a move-in-ready experience.
The $1.85M list price represents a significant premium that may limit the buyer pool to high-end investors or specific owner-occupants looking for turnkey luxury in this zip code.
Despite recent renovations, the 1922 construction date suggests potential underlying maintenance requirements typical of older homes, such as aging plumbing or electrical systems not explicitly detailed as fully replaced.
Discover an exceptional opportunity to own a beautifully updated residence in one of Los Angeles' most desirable neighborhoods. Thoughtfully renovated while preserving its timeless character, this spacious home offers an ideal blend of comfort, style, and versatility for both owner-occupants and investors.The property features newly installed dual-pane windows, a newly improved concrete driveway and backyard, and a functional floor plan designed for modern living and entertaining. The generous backyard may offer future expansion possibilities, including potential ADU opportunities, subject to buyer verification with the appropriate governmental agencies.The home has previously been operated as a professionally managed furnished rental. Seller states that historical rental performance information is available upon request. Buyers are advised to independently verify all income potential, licensing requirements, and any future rental or short-term rental use in accordance with applicable laws and local regulations.Most furnishings are available for purchase under a separate agreement, providing a convenient turnkey opportunity for qualified buyers. Seller is also willing to assist with a smooth operational transition under mutually agreed terms. In addition, Seller may consider a leaseback arrangement at $8,500 per month, subject to mutually acceptable terms and conditions. Ideally located near Hancock Park, Koreatown, Larchmont Village, Downtown Los Angeles, USC, Hollywood, restaurants, shopping, and major transportation corridors, this exceptional property offers outstanding flexibility as a primary residence, second home, or investment opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,660 | 1,664.159 |
| Lot Size | 6,851 | 6,066.556 |
| Price | $1.85M | $1.35M |
| Price per sq ft | $695 | $806 |
| Built year | 1922 | 1939 |
| HOA | $0 | $278 |
| Days on market | 47 | 55 |
Jul 24, 2026
$1,850,000
Initial Listing
Dec 27, 2019
$1,160,000
Public Record
Aug 12, 2005
$880,000
Public Record
Jan 22, 2002
$433,000
Public Record