2814 Idell Street, Los Angeles, California 90065, Los Angeles, 90065 - 4 bed, 2 bath

2814 Idell Street, Los Angeles, California 90065 home-pic-0
ACTIVE$1,269,500
2814 Idell Street, Los Angeles, California 90065
4Beds
2Baths
1,694Sqft
5,653Lot
Year Built
1953
Close
-
List price
$1.27M
Original List price
$1.27M
Price/Sqft
$749
HOA
-
Days on market
-
Sold On
-
MLS number
25616041
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.27M(54th), sqft - 1694(66th), beds - 4(86th), baths - 2(50th).

$20,000 CREDIT at close for a full-price offer. Behind the gate at 2814 + 2816 Idell St (Cypress Park | NELA) sit two fully remodeled, permitted, detached homes on an LARD2 lot: a bright 3BD/1BA front home plus a turnkey 1BD/1BA rear home - ideal for house-hackers, multi-generational living, or income/investment buyers. The front Craftsman blends character and comfort - original hardwoods, period fireplace, abundant light, and a refreshed shaker-and-quartz kitchen. Major system upgrades = peace of mind: new roof, copper plumbing, dual-pane windows, high-efficiency HVAC, and 200-amp dual-meter electrical, plus fresh interior/exterior paint. Two recent appraisals on file (details upon request). Out back, the renovated 1BD is move-in ready for immediate income, guest space, or a quiet home office. Live in one and let the other help pay the mortgage or stabilize both for long-term cash flow. Flexibility today, options tomorrow. Cypress Park is one of NELA's fastest-rising pockets - walk to Loquat Coffee, Golden Poppy Market, Shin's Pizza and neighborhood favorites; minutes to Highland Park, Eagle Rock, Atwater Village, and quick links to DTLA, the LA River bike path, and major freeways. Central location, strong rental demand, and classic architecture make Cypress Park a smart buy with real upside. $20,000 credit at COE is honored only with a full-price offer and no additional credits/repairs requested at any time during the transaction. Buyers are welcome and strongly encouraged to review all permits, prior reports, appraisals, and city inspections.

Nearby schools

4/10
Loreto Street Elementary School
Public,K-50.4mi
2/10
Aragon Avenue Elementary School
Public,K-50.6mi
2/10
Hillside Elementary School
Public,K-50.6mi
7/10
Dorris Place Elementary School
Public,K-60.9mi
3/10
Albion Street Elementary School
Public,K-61.2mi
4/10
Glassell Park Elementary School
Public,K-61.4mi
5/10
Florence Nightingale Middle School
Public,6-80.2mi
6/10
Irving STEAM Magnet
Public,6-82.3mi
5/10
Abraham Lincoln Senior High School
Public,9-121.4mi

Price History

Date
Event
Price
11/06/25
Listing
$1,269,500
08/13/24
Sold
$845,000
07/03/24
Sold
$725,000
Condition Rating
Excellent

Despite being built in 1953, this property has undergone a comprehensive and recent 'fully remodeled' renovation, bringing it to a virtually new condition. The listing explicitly states major system upgrades including a new roof, copper plumbing, dual-pane windows, high-efficiency HVAC, and 200-amp dual-meter electrical. The kitchen is described as 'refreshed shaker-and-quartz,' and the bathroom image clearly shows a modern, newly installed vanity, fixtures, and marble-look tile, consistent with a high-quality, recent renovation. Throughout the home, there are new light fixtures (recessed lighting and modern ceiling fans), updated flooring (original hardwoods and LVP), and fresh interior/exterior paint, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

Income Potential & Flexibility: Features two fully remodeled, permitted, detached homes on an LARD2 lot, offering significant income potential through rental or ideal for multi-generational living and house-hacking.
Extensive Modern Upgrades: Comprehensive system renovations including a new roof, copper plumbing, dual-pane windows, high-efficiency HVAC, and 200-amp dual-meter electrical, ensuring long-term peace of mind and reduced maintenance.
Prime NELA Location: Situated in Cypress Park, a rapidly appreciating NELA neighborhood with excellent walkability to local amenities and convenient access to major freeways, DTLA, and popular surrounding areas.
Turnkey & Remodeled Interiors: Both units are fully remodeled and move-in ready, featuring updated kitchens, original hardwoods, and fresh interior/exterior paint, blending modern comfort with classic character.
Buyer Incentive: Offers a $20,000 credit at close for a full-price offer, providing a direct financial benefit to the buyer.

Cons

Significant Price Discrepancy & Conditional Incentive: The current list price is substantially higher than recent sales of the property, and the $20,000 buyer credit is strictly conditional on a full-price offer with no additional requests, limiting buyer negotiation flexibility.
Absence of Scenic Views: The property explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic vistas in the Los Angeles market.
Potential for Future Market Scrutiny: Despite extensive renovations and appraisals, the rapid and significant increase in listing price compared to recent sales might lead to increased scrutiny from future appraisers or lenders, potentially impacting resale value or financing.

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