OPEN SUN 2PM - 5PM
$60K PRICE DROP
137 W Avenue 29 Los Angeles, CA 90031
Lincoln Heights NeighborhoodEstimated payment $7,291/month
Total Views
374
4
Beds
3
Baths
2,458
Sq Ft
$487
Price per Sq Ft
Highlights
- Golf Course Community
- Home Theater
- No HOA
- Abraham Lincoln High School Rated A
- High Ceiling
- Hiking Trails
About This Home
Welcome to this stunning luxury home nestled in a serene, quiet neighborhood, just an 8-minute drive from the vibrant downtown area. This property offers the perfect blend of tranquility and convenience, with easy access to the highway just 3 minutes away. Whether you’re seeking a peaceful retreat or a smart investment, this home is an exceptional find that must be seen to be fully appreciated.Property Highlights 4 spacious bedrooms and 3 modern bathrooms, perfect for families or entertaining guests.12-foot high ceilings that create an airy, grand atmosphere throughout the home.Luxurious renovations with top-tier finishes, ensuring every detail exudes elegance and comfort.Dedicated media room, ideal for movie nights, gaming, or hosting gatherings with friends and family.Prime location: Quiet neighborhood with quick access to downtown (8 minutes) and the highway (3 minutes).Unique Features & Investment PotentialNewly built 940 sqft Accessory Dwelling Unit (ADU) extended the main house and one car garage, completed in 2025 with a certificate of occupancy. 411 sqft storage space with conversion potential: Permits have been submitted to transform this area into a 1-bedroom, 1-bathroom ADU. Once approved, this will offer even more flexibility and rental income opportunities.Why This Home Stands OutThis property is more than just a home, it’s a lifestyle and an investment. The luxurious interior with its soaring ceilings and high-end finishes provides an unparalleled living experience. Meanwhile, the newly added ADU for entertainment, office rooms, and more potential makes this a smart choice for buyers looking to maximize value. Whether you’re hosting guests, working from home, or generating rental income, this home adapts to your needs.The location is unbeatable: enjoy the peace of a quiet neighborhood while being just 8 minutes from downtown's excitement and 3 minutes from major highways. This is a rare opportunity to own a property that combines upscale living with practicality and future growths This is a must-see property that won’t stay on the market for long. Contact us to arrange a private to ur and experience the elegance and potential of this remarkable home firsthand.Schedule a private tour today!
Open House Schedule
-
Sunday, May 04, 20252:00 to 5:00 pm5/4/2025 2:00:00 PM +00:005/4/2025 5:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,412
Year Built
- Built in 2025
Lot Details
- 6,547 Sq Ft Lot
- Density is 2-5 Units/Acre
- Property is zoned LARD3
Parking
- 1 Car Garage
Interior Spaces
- 2,458 Sq Ft Home
- 1-Story Property
- Built-In Features
- High Ceiling
- Family Room Off Kitchen
- Home Theater
Kitchen
- Open to Family Room
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Balcony
- Rain Gutters
Schools
- Abraham Lincoln High School
Utilities
- Central Air
- Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 8 / A
- Tax Tract Number 5205
- Assessor Parcel Number 5205017024
- $297 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Golf Course Community
- Dog Park
- Hiking Trails
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,412 | $593,027 | $474,422 | $118,605 |
| 2023 | $7,270 | $581,400 | $465,120 | $116,280 |
| 2022 | $6,935 | $570,000 | $456,000 | $114,000 |
| 2021 | $9,465 | $720,000 | $540,000 | $180,000 |
| 2020 | $1,549 | $105,709 | $75,105 | $30,604 |
| 2019 | $1,498 | $103,637 | $73,633 | $30,004 |
| 2018 | $1,420 | $101,606 | $72,190 | $29,416 |
| 2016 | $1,349 | $97,663 | $69,388 | $28,275 |
| 2015 | $1,331 | $96,197 | $68,346 | $27,851 |
| 2014 | $1,346 | $94,314 | $67,008 | $27,306 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2025 04/29/25 | For Sale | $1,198,000 | 0.0% | $487 / Sq Ft |
| 04/28/2025 04/28/25 | Off Market | $1,198,000 | -- | -- |
| 04/25/2025 04/25/25 | Price Changed | $1,198,000 | -4.8% | $487 / Sq Ft |
| 04/25/2025 04/25/25 | For Sale | $1,258,000 | 0.0% | $512 / Sq Ft |
| 04/24/2025 04/24/25 | Off Market | $1,258,000 | -- | -- |
| 04/23/2025 04/23/25 | For Sale | $1,258,000 | +120.7% | $512 / Sq Ft |
| 08/09/2021 08/09/21 | Sold | $570,000 | +14.0% | $522 / Sq Ft |
| 06/28/2021 06/28/21 | For Sale | $499,999 | -- | $458 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $570,000 | Chicago Title Company | |
| Grant Deed | $425,500 | Chicago Title Company | |
| Gift Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $528,000 | New Conventional |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25089455
APN: 5205-017-024
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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