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1451 Volney Dr, Los Angeles, CA, 90063

4beds
3baths
1,568sqft
$699,000
$446price/sqft
$4,935/moest. monthly cost
$197,400/yrincome needed

About This Home

Perched in the desirable hills of City Terrace neighborhood, this multi-generational fixer-upper presents a rare opportunity to create incredible potential along with stunning hillside and Downtown Los Angeles views. This spacious home features 4 bedrooms and 3 bathrooms. The property blends classic charm with opportunities for customization. The main level features a welcoming living room that flows seamlessly into a formal dining area and an open kitchen. Two bedrooms and two bathrooms are conveniently located on this level, along with an in-hallway laundry closet. A bright and airy family room highlights a charming brick fireplace and opens through sliding doors to a private balcony showcasing stunning Downtown LA views. A spiral staircase leads to the lower level. The lower level features two additional bedrooms with a private entrance; well-suited for extended family, rental income, and possible conversion into a separate unit. This level also has a laundry room and a bathroom with a shower. Central AC & heater upstairs, along with a split AC unit downstairs. The backyard provides a covered patio, usable outdoor space, and a variety of fruit trees; perfect for relaxing or entertaining. Additional highlights include a finished garage with strong ADU conversion potential (buyer to verify), creating an opportunity to significantly increase both property value and rental income. Ideally located on the border of Alhambra and Monterey Park, the property is close to City Terrace Elementary School, Cal State LA, Monterey Park Golf Club, Downtown Los Angeles, and major employment centers. Convenient access to the 10 and 710 freeways. Fantastic opportunity for investors, contractors, or owner-users seeking a versatile project with multiple exit strategies—fix and flip, buy and hold, or multi-unit conversion.

Getting Around

62
WalkingSomewhat Walkable
61
TransitGood Transit
19
BikeSomewhat Bikeable

Schools

8/10
7/10
El Sereno Middle SchoolGrades 6-81.6 mi

Construction

Condition

  • Year built: 1947

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Oven,Gas Range
  • Laundry features: Inside

Bathroom

  • Features: Separate Shower

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Separate/Formal Dining Room,Bedroom on Main Level,Main Level Primary
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Wall/Window Unit(s)

Interior Area

  • Total interior livable area: 1,568 sqft

Master Bedroom

  • Features: Main Level Primary

Property

Details

  • Parcel number: 5225012012
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Covered
  • Spa features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 5,328 sqft
  • Features: Back Yard

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1