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424 Solano Ave, Los Angeles, CA 90012

Sale Price: $710,000
Jun 18, 20251,388 sqft3 beds2 baths
Listed by: Christian Walsh
License #: 01804983
Phone #: 949-644-6200
Berkshire Hathaway HomeServices California Properties
Source:
CRMLS Logo
MLS #: PW25122910

Property Description

Unlock a rare investment opportunity just minutes from Dodger Stadium with this classic 1900-built bungalow, perched above the street on a generous R2-zoned lot in the heart of Los Angeles. This spacious 3-bedroom, 2-bath home rests on a 5,800+ sq ft terraced parcel, offering panoramic city views from both the front porch and the backyard—perfect for sunset watchers, developers, or those seeking a peaceful urban retreat. A stone-accented retaining wall and elevated front steps set the stage for the home’s vintage charm. Inside, discover original built-ins, a decorative fireplace with colorful tile surround, and period woodwork—all ready to be reimagined. The single-level layout sits above a sizable crawlspace/basement, ideal for storage or future expansion. A unique detached single-car garage at street level adds convenience and character. The deep hillside lot features usable terraced areas shaded by mature trees—ideal for gardening, outdoor entertaining, or development. Zoned R2, the property offers potential for a second unit, multiple ADUs, or even a full duplex redevelopment (buyer to verify). Located in the historic enclave of Solano Canyon, just moments from Elysian Park, Chinatown, and DTLA, this is a unique chance to own a part of Los Angeles with room to grow.
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

$10,458

TurboHome Estimated Value

$698,100

$503 sqft

High Valuation
$733,005
$528/sqft
Normal Valuation
$698,100
$503/sqft
Low Valuation
$663,195
$478/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$503/sqft$698,100

Neighborhood: Chinatown

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Comparative Value

$488K

$578K

$699K

$750K

$810K

905 New Depot St 12, Los Angeles, CA 90012

Sale Price: $488,000

Selected Comparable

704 N Grand Ave, Los Angeles, CA 90012

Sale Price: $577,500

Selected Comparable

424 Solano Ave, Los Angeles, CA 90012

List Price: $699,000

Subject Property

424 Solano Ave, Los Angeles, CA 90012

Sale Price: $710,000

Selected Comparable

943 Figueroa Ter 6, Los Angeles, CA 90012

Sale Price: $750,000

Selected Comparable

551 W Avenue 26, Los Angeles, CA 90065

Sale Price: $810,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
424 Solano Ave, Los Angeles, CA 90012

424 Solano Ave, Los Angeles, CA 90012

List: $699,000

Listed: 6/18/2025

Area:1,388 sqft
Price/sqft:$504
Beds:3
Baths:2
Year Built:
Lot Size:5,836

Comparable Properties

COMPARABLE
Choose comps
424 Solano Ave, Los Angeles, CA 90012

424 Solano Ave, Los Angeles, CA 90012

Sale: $710,000

8/18/20250.00 mi

Area:1,388 sqft
Price/sqft:$512
Beds:3
Baths:2
Year Built:
Weight:24.5%
551 W Avenue 26, Los Angeles, CA 90065

551 W Avenue 26, Los Angeles, CA 90065

Sale: $810,000

8/6/20251.02 mi

Area:1,495 sqft
Price/sqft:$542
Beds:3
Baths:2
Year Built:
Weight:21.1%
943 Figueroa Ter 6, Los Angeles, CA 90012

943 Figueroa Ter 6, Los Angeles, CA 90012

Sale: $750,000

6/6/20250.77 mi

Area:1,350 sqft
Price/sqft:$556
Beds:3
Baths:3
Year Built:
Weight:18.8%
704 N Grand Ave, Los Angeles, CA 90012

704 N Grand Ave, Los Angeles, CA 90012

Sale: $577,500

8/12/20250.93 mi

Area:1,444 sqft
Price/sqft:$400
Beds:2
Baths:2
Year Built:
Weight:17.9%
905 New Depot St 12, Los Angeles, CA 90012

905 New Depot St 12, Los Angeles, CA 90012

Sale: $488,000

12/3/20240.91 mi

Area:1,167 sqft
Price/sqft:$418
Beds:3
Baths:2
Year Built:
Weight:17.8%

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