2251 Cambridge St, Los Angeles, CA, 90006
About This Home
A?? HUGE PRICE REDUCTION – NOW $1,390,000! DOWN FROM $1,490,000! ?? RARE OPPORTUNITY WITH INCREDIBLE ADU & INVESTMENT POTENTIAL IN THE HEART OF KOREATOWN! Welcome to 2251 Cambridge Street — a beautifully updated 4-bedroom, 3-bath home offering 2,420 sq. ft. of living space on a spacious 6,009 sq. ft. lot, now offered at an aggressively reduced price of $1,390,000 — a massive $100,000 price drop from the original $1,490,000! This is not just a home — it’s a smart investment opportunity with serious upside. Move-in ready and full of charm, this residence features an open-concept floor plan, a modern renovated kitchen, and bright, spacious living areas perfect for comfortable living and entertaining. The standout feature? A large backyard with excellent ADU potential — ideal for creating additional rental income, a guest house, or multi-generational living. Opportunities like this in Koreatown are becoming increasingly rare. Located in one of Los Angeles’ most desirable and high-demand neighborhoods, this home offers exceptional value for both homeowners and investors. Its prime Koreatown location makes it perfect for long-term rental income, Airbnb potential, or future appreciation, with easy access to restaurants, shopping, entertainment, and major freeways. Whether you're looking for your dream home or your next high-return investment, this property checks all the boxes. ? NOW PRICED TO SELL – $100,000 PRICE IMPROVEMENT! ? Strong ADU + Rental Income Potential ? Prime Koreatown Location ? Rare Lot Size + Future Expansion Opportunity Schedule your private showing today — opportunities like this at this price do not last!
Getting Around
Walker's Paradise
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1912
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Free-Standing Range,Gas Oven
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 2
Features
- Walk-In Closet(s)
- Fireplace features: Living Room
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 2,420 sqft
Other
- Features: Walk-In Closet(s)
Property
Details
- Parcel number: 5074011019
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Lot size: 6,009 sqft
- Features: 0-1 Unit/Acre,Back Yard,Front Yard
Parking
- Total spaces: 2
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,522 | $78,264 |
| Home Insurance * | $293 | $3,516 |
| Property Taxes | $1,292 | $15,504 |
| Electricity | $518 | $6,227 |
| Total | $8,625 | $103,500 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Price change | $1,390,000 |
| 2026-01-01 | Listed for sale | $1,490,000 |
| 2023-02-01 | Listing removed | $1,395,000 |
| 2022-01-31 | Sold | $1,405,000 |
| 2021-12-15 | Contingent | $1,395,000 |
| 2021-12-03 | Listed for sale | $1,395,000 |
| 2011-06-07 | Sold | $405,004 |
| 2011-03-07 | Listing removed | $380,000 |
| 2010-06-19 | Price change | $380,000 |
| 2010-05-21 | Price change | $450,000 |
| 2010-04-09 | Listed for sale | $485,000 |
| 2010-02-27 | Listing removed | $485,000 |
| 2010-02-24 | Listed for sale | $485,000 |
| 2008-06-30 | Sold | $505,000 |
| 2007-10-16 | Sold | $487,033 |
| 1997-10-09 | Sold | $150,000 |
| 1997-06-04 | Sold | $143,589 |
View on Zillow