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2420 8th Ave, Los Angeles, CA 90018

Sale Price: $1,500,000
Nov 6, 20241,744 sqft3 beds2 baths
Listed by: Nicole Rawson
License #: 01895180
Phone #: 858-829-1049
Nicole Rawson, Broker
Source:
CRMLS Logo
MLS #: PTP2406816

Property Description

The Malinow-Carlisle House is a beautifully restored 1922 Neo-Colonial Craftsman historic gem in West Adams Terrace! Situated on a tranquil family friendly cul-de-sac above the city noise, this 3bdrm + office/nursery and wine cellar offers modern elegance infused with mid-century charm. Enjoy the fully landscaped front and back yard, pet run area, and detached garage that can be used as office or studio space. Surrounded by similar well-kept period homes w/ lush lawns that foster a welcoming atmosphere w/ neighbors who take pride in the area’s rich history. Relax inside with restored original features like oak floors, custom moldings, cabinetry, and hardware that celebrate the 1920s vibe. The open-living floor plan blends living and dining areas perfect for entertaining, featuring a gas fireplace, built-in bookshelves, and large picture window that bathes the space in natural light. The built-in buffet and original cabinetry bring additional charm to the dining area. Adjacent is a 4th room for office or playroom that can be open or closed doors for privacy. The kitchen is both functional and beautiful, featuring custom tile floors, luxury herringbone backsplash, vintage-style appliances, and solid wood cabinetry. A cozy breakfast nook with two walls of windows provides the perfect sunny zen spot to start your day with backyard view. The hallway is lined with more built-in closets where you’ll find 3 bedrooms with big closets: one staged as an entertainment room, one primary with separate entrance with rental income potential opening onto a private tea garden, and the other large bedroom with large bathroom filled with natural light from surrounding windows. Both restored bathrooms feature period tile, spacious primary bath has generous storage & built-in bench. A unique basement cellar offers additional space foro wine storage, divided into a utility area with a new on-demand water heater and a separate section for a private retreat. Outside, the original garage has been transformed into a studio with insulated walls, a wood-burning stove, and wide redwood doors opening onto an outdoor area perfect for parties or cozy gatherings. The pet-friendly backyard includes artificial turf, a fenced lawn, a brick patio, fruit trees, and flowers, creating a peaceful escape within the city. This historic home has unique proven revenue potential and historical value. The area’s character and proximity to the studios make it a favorite for commercial shoots and primary suite with outdoor entrance is perfect AirBnB rental room. Furthermore, design and engineering plans for a second-floor master suite and an ADU expansion of the studio have been approved by the Historic Preservation Overlay Zone, allowing for expansion and added home value or flipping potential. The location offers prime access to all of LA, just minutes from LAX, Santa Monica, and downtown. Developed as LA’s first suburb, Sugar Hill evolved into a cultural hub, housing icons like Ray Charles, Hattie McDaniel, and Marvin Gaye. With its protection for historical significance, the neighborhood remains vibrant, attracting young families and professionals drawn to its rich heritage and central location. The Malinow-Carlisle House holds a storied legacy, please see attached document for details.The Malinow-Carlisle House is more than just a home—it’s a legacy waiting to be embraced!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$21,438

TurboHome Estimated Value

$1,459,600

$837 sqft

High Valuation
$1,532,580
$879/sqft
Normal Valuation
$1,459,600
$837/sqft
Low Valuation
$1,386,620
$795/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$837/sqft$1,459,600

Neighborhood: Mid City

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Comparative Value

$885K

$950K

$1.09M

$1.43M

$1.49M

$1.50M

2609 W 30th St, Los Angeles, CA 90018

Sale Price: $885,000

Selected Comparable

2430 12th Ave, Los Angeles, CA 90018

Sale Price: $950,000

Selected Comparable

2515 13th Ave, Los Angeles, CA 90018

Sale Price: $1,085,160

Selected Comparable

2928 Edgehill Dr, Los Angeles, CA 90018

Sale Price: $1,430,000

Selected Comparable

2420 8th Ave, Los Angeles, CA 90018

List Price: $1,490,000

Subject Property

2420 8th Ave, Los Angeles, CA 90018

Sale Price: $1,500,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2420 8th Ave, Los Angeles, CA 90018

2420 8th Ave, Los Angeles, CA 90018

List: $1,490,000

Listed: 11/6/2024

Area:1,744 sqft
Price/sqft:$854
Beds:3
Baths:2
Year Built:
Lot Size:7,308

Comparable Properties

COMPARABLE
Choose comps
2420 8th Ave, Los Angeles, CA 90018

2420 8th Ave, Los Angeles, CA 90018

Sale: $1,500,000

2/3/20250.00 mi

Area:1,744 sqft
Price/sqft:$860
Beds:3
Baths:2
Year Built:
Weight:22.0%
2515 13th Ave, Los Angeles, CA 90018

2515 13th Ave, Los Angeles, CA 90018

Sale: $1,085,160

12/17/20240.38 mi

Area:1,818 sqft
Price/sqft:$597
Beds:3
Baths:2
Year Built:
Weight:20.2%
2928 Edgehill Dr, Los Angeles, CA 90018

2928 Edgehill Dr, Los Angeles, CA 90018

Sale: $1,430,000

11/1/20240.50 mi

Area:1,724 sqft
Price/sqft:$829
Beds:3
Baths:2
Year Built:
Weight:20.1%
2430 12th Ave, Los Angeles, CA 90018

2430 12th Ave, Los Angeles, CA 90018

Sale: $950,000

11/13/20240.27 mi

Area:1,572 sqft
Price/sqft:$604
Beds:3
Baths:2
Year Built:
Weight:19.4%
2609 W 30th St, Los Angeles, CA 90018

2609 W 30th St, Los Angeles, CA 90018

Sale: $885,000

6/5/20250.49 mi

Area:1,750 sqft
Price/sqft:$506
Beds:4
Baths:2
Year Built:
Weight:18.3%

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