See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2020 Thomas St, Los Angeles, CA, 90031

3beds
2baths
1,708sqft
$899,888
$527price/sqft
$6,345/moest. monthly cost
$253,800/yrincome needed

About This Home

Welcome to 2020 Thomas Street, Los Angeles, CA 90031—a rare opportunity in the heart of historic Lincoln Heights, where charm, convenience, and exceptional development potential come together. This spacious home offers 1,708 square feet of living space and is physically configured as a 3-bedroom, 2-bathroom residence, complete with a dedicated office and a versatile den that can easily serve as a family room, media room, playroom, home gym, or additional workspace. The flexible floor plan provides ample room to accommodate today's evolving lifestyle needs. The property is zoned LARD3, offering incredible potential for future development. Buyers are encouraged to investigate the possibility of constructing additional units, making this an ideal investment for developers, builders, or anyone looking to capitalize on one of Los Angeles' high-demand infill locations. (Buyer to verify all development possibilities, zoning regulations, and requirements with the appropriate governmental agencies.) Perfectly positioned just a short walk from Lincoln Park, you'll enjoy access to one of the area's premier recreational destinations featuring a scenic lake, skatepark, tennis courts, recreation center, playgrounds, picnic areas, and a public swimming pool with community programs and lessons. The location is second to none—only minutes from the Keck School of Medicine of USC, Keck Hospital of USC, and LAC+USC Medical Center, making it an exceptional option for healthcare professionals, students, and those seeking proximity to world-class medical facilities. Commuters will appreciate the property's central location with quick access to Downtown Los Angeles, Chinatown, Highland Park, Pasadena, and major freeways, including the 5, 10, 101, and 110. Nearby, you'll find an abundance of restaurants, shopping, entertainment, schools, and public transportation, making daily life both convenient and connected. Whether you're looking for a place to call home, a long-term investment, or a property with tremendous redevelopment potential, 2020 Thomas Street offers a unique combination of location, lot size, and opportunity that is becoming increasingly difficult to find in Los Angeles. Don't miss your chance to own a property with endless possibilities in one of LA's fastest-growing neighborhoods.

Getting Around

74
WalkingVery Walkable
59
TransitGood Transit
45
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Fixer,Repairs Cosmetic
  • Year built: 1957

Materials

  • Foundation: Raised,Slab

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Inside

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Separate/Formal Dining Room,All Bedrooms Down
  • Flooring: Carpet,Tile
  • Fireplace features: Den
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,708 sqft

Property

Details

  • Parcel number: 5211006018
  • Special condition: Standard,Trust

Features

  • Levels: One
  • Stories: 1
  • Entry location: ground
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: Hills,Neighborhood

Lot

  • Lot size: 0.25 Acres
  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • 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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $4,550$54,600
Home Insurance *$155$1,860
Property Taxes $1,242$14,904
Electricity $398$4,786
Total$6,345$76,140
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$217,542/yr
40% on housing$190,350/yr
45% on housing$169,200/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$527This listing

vs Other Active Listings

Avg $/sqft

ZIP 90031$420
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90031$740
Los Angeles County$610

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

DateEventPrice
2026-08-06Price change$759,888
2026-07-16Listed for sale$899,888

For Sale by Agent

AgentMIKE VIRAMONTES
BrokerageExcellence RE Real Estate

Similar Homes