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2339 Amherst Avenue, Los Angeles, California 90064, Los Angeles, 90064 - 4 bed, 3 bath

2339 Amherst Avenue, Los Angeles, California 90064 home-pic-0
ACTIVE$1,499,000
2339 Amherst Avenue, Los Angeles, California 90064
4Beds
3Baths
2,562Sqft
5,628Lot
Year Built
1973
Close
-
List price
$1.5M
Original List price
$2M
Price/Sqft
$585
HOA
-
Days on market
-
Sold On
-
MLS number
25558219
Home ConditionPoor
Features
Patio
View

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.50M(14th), sqft - 2562(72th), beds - 4(54th), baths - 3(50th).

Welcome to your next dream investment or forever home! Nestled on a prime corner of Amherst Avenue, this two-story single-family residence offers a spacious 2,562 square feet of living space, thoughtfully set on a generous 5,626 square foot lot.With four bedrooms and three bathrooms, plus a versatile den that can easily be converted into a fifth bedroom or a cozy TV room, this home provides ample flexibility for families and end-buyers looking to add their own touch. The property also holds tremendous potential for developers, thanks to the recent zoning change from R1 to R3 in this area due to the transformative Carmel Project. This zoning shift opens the door for multi-family new construction opportunities, mirroring other projects already underway on the same street.As an added bonus, the existing garage can be converted into an ADU, providing additional living space or a rental unit for extra income.In short, this property is a gem for both homeowners seeking a customizable haven and developers eyeing their next big project. Come see the possibilities for yourself and let the magic happen!

Price History

Date
Event
Price
09/21/25
Price Change
$1,499,000-1.8%
09/11/25
Price Change
$1,526,000-1.5%
09/02/25
Price Change
$1,549,000-3.1%
08/12/25
Price Change
$1,599,000-5.9%
08/01/25
$1,699,000
06/27/25
$1,995,000
Condition Rating
Poor
Built in 1973, this property is 51 years old. While the exterior appears maintained, the lack of interior photos for the kitchen and bathrooms, combined with the listing's emphasis on 'adding your own touch' and 'customizable haven,' strongly suggests these key areas are original or significantly outdated and require substantial renovation. The property's value is heavily marketed on its development potential (R3 zoning, ADU conversion), indicating the existing structure needs significant rehabilitation to meet current living standards and market expectations. It requires substantial repairs and rehabilitation, particularly in the kitchen and bathrooms, to be considered move-in ready by today's standards.
Pros & Cons

Pros

Development Potential: Recent R1 to R3 zoning change due to the Carmel Project opens significant opportunities for multi-family new construction, mirroring other projects on the street.
ADU Conversion Potential: The existing garage can be converted into an Accessory Dwelling Unit (ADU), offering additional living space or a valuable income-generating rental unit.
Spacious Living & Lot Size: The property boasts a generous 2,562 square feet of living space on a substantial 5,626 square foot corner lot, providing ample room for expansion or outdoor amenities.
Flexible Floor Plan: With four bedrooms, three bathrooms, and a versatile den easily convertible to a fifth bedroom, the home offers excellent flexibility for various family needs or uses.
Prime Corner Location: Situated on a prime corner of Amherst Avenue, the property benefits from increased visibility, natural light, and potentially more flexible access.

Cons

Significant Price Reductions: The property has undergone substantial price reductions from its original list price of $1.995M to $1.499M, which may indicate initial overpricing or market resistance.
Age of Property: Built in 1973, the home is likely to require significant modernization and updates to meet contemporary aesthetic and functional standards.
Requires Customization/Updates: Described as a 'customizable haven' for buyers to 'add their own touch,' implying that the property is not turn-key and will require additional investment for renovations or personalization.

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