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220 E Avenue 38, Los Angeles, CA, 90031

2beds
1baths
780sqft
$649,900
$833price/sqft
$4,461/moest. monthly cost
$178,440/yrincome needed

About This Home

Great investment opportunity in a desirable Los Angeles location! This 2-bedroom, 1-bath property offers strong potential for investors, first-time buyers, or those looking to add value. The home features a spacious living room, functional kitchen, indoor laundry area, and an attic converted into a versatile den that can be used as a home office, creative space, or additional living area. Additional highlights include a tankless water heater, fenced back patio for outdoor enjoyment, and convenient front parking. The layout and existing features offer flexibility for future improvements or rental potential. Ideally located approximately 3 miles from Highland Park—a vibrant and growing neighborhood known for its restaurants, cafes, and boutique shops. Less than 4 miles from Dodger Stadium and about 4 miles from popular attractions such as Griffith Park and the iconic Hollywood Sign. The property also offers convenient access to Interstate 5 and California State Route 2, making commuting to Los Angeles and surrounding areas easy. With proximity to major attractions, entertainment venues, and outdoor recreation, this property presents an excellent opportunity for long-term rental income, value appreciation, or a strategic addition to your investment portfolio.

Getting Around

76
WalkingVery Walkable
64
TransitGood Transit
63
BikeBikeable

Schools

Construction

Condition

  • Year built: 1910

Materials

  • Roof: Shingle
  • Construction materials: Stucco

Type & Style

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

Interior

Appliances

  • Laundry features: Washer Hookup,Inside,Laundry Room

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Cooling

  • Cooling features: None

Features

  • All Bedrooms Down,Attic
  • Fireplace features: Living Room,Wood Burning
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total interior livable area: 780 sqft

Property

Details

  • Parcel number: 5451004009
  • Zoning: LARD2
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Level 1 w/steps
  • Pool features: None
  • Patio & porch: Concrete,Front Porch,Open,Patio
  • Spa features: None
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 3,150 sqft
  • Features: Flag Lot,Rectangular Lot

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

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
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 $3,286$39,432
Home Insurance *$112$1,344
Property Taxes $665$7,980
Electricity $398$4,786
Total$4,461$53,532
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$152,948/yr
40% on housing$133,830/yr
45% on housing$118,960/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

$833This listing

vs Other Active Listings

Avg $/sqft

ZIP 90031$422
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
2026-04-19Price change$649,900
2026-03-14Listed for sale$679,900
2010-09-28Sold$200,000
2010-06-25Price change$199,900
2010-06-12Listed for sale$220,000
2008-12-21Listing removed$395,876
2008-10-12Price change$395,876
2008-05-28Price change$415,876
2008-04-26Listed for sale$450,876
2002-02-27Sold$136,000

For Sale by Agent

AgentLuis Estrada
BrokerageRE/MAX Dynasty

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