$1,490,000

Estimated payment $9,391/month

Total Views 10,263
4 Beds
3 Baths
2,420 Sq Ft
$616 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Back and Front Yard
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

A RARE OPPORTUNITY WITH GREAT ADU & INVESTMENT POTENTIAL!
Welcome to 2251 Cambridge Street, a beautifully updated 4-bedroom, 3-bath home offering 2,420 sq. ft. of living space on a well-sized 6,009 sq. ft. lot — providing flexibility and long-term upside rarely found in this area.
This move-in-ready residence features an inviting open-concept floor plan, a modern renovated kitchen, and bright, spacious living areas ideal for both everyday comfort and entertaining.
One of the property’s strongest advantages is its generously sized backyard, offering excellent potential for a future ADU—perfect for additional rental income, a guest suite, or multi-generational living. Combined with its prime location, this home is an excellent opportunity for both owner-users and investors.
Perfectly situated in the heart of Koreatown, one of Los Angeles’ most vibrant and high-demand neighborhoods, this property offers exceptional investment appeal. The central location makes it ideal for Airbnb, short-term stays, or long-term rentals, with strong year-round demand thanks to its proximity to restaurants, shops, cultural hotspots, and major freeways.
Whether you're seeking a comfortable family home with expansion potential or looking to maximize rental income, this property offers versatile possibilities.
Schedule your private tour today — homes with this level of investment potential in Koreatown don’t come often!

Listing Agent

Tiffany Lee

Rocky Estates Brokerage Phone: 213-255-0505 License #02007142 Listed on: 12/31/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • 6,009 Sq Ft Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,420 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Oven
  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 20 / G
  • Assessor Parcel Number 5074011019
  • $350 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

6,009 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5074011019
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2420.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 615.70
  • Room Type: Walk-In Closet, Primary Bedroom, Laundry, Kitchen, Living Room, Primary Bathroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven, Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Back Yard
  • Lot Size Sq Ft: 6009.00
  • Lot Size Acres: 0.1379

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6009.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: G
  • Tax Lot: 20
  • TaxOtherAnnualAssessmentAmount: 350.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $17,799 $1,490,995 $1,110,129 $380,866
2024 $17,799 $1,461,761 $1,088,362 $373,399
2023 $17,455 $1,433,100 $1,067,022 $366,078
2022 $6,047 $488,939 $362,421 $126,518
2021 $5,960 $479,353 $355,315 $124,038
2019 $5,786 $465,137 $344,777 $120,360
2018 $5,726 $456,017 $338,017 $118,000
2016 $5,460 $438,312 $324,893 $113,419
2015 $5,382 $431,729 $320,013 $111,716
2014 $5,407 $423,273 $313,745 $109,528
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2025 12/31/25 For Sale $1,490,000 +6.0% $616 / Sq Ft
01/31/2022 01/31/22 Sold $1,405,000 +0.7% $581 / Sq Ft View Prior Sale
12/14/2021 12/14/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $1,395,000 -- $576 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Grant Deed $1,405,000 Equity Title
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Equity Title
Grant Deed $405,004 Equity Title
Grant Deed $505,000 First American Title Ins Co
Grant Deed -- First American Title Ins Co
Trustee Deed $487,033 None Available
Grant Deed -- --
Gift Deed -- --
Grant Deed $150,000 First Southwestern Title Co
Trustee Deed $143,589 American Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $970,000 New Conventional
Previous Owner $435,000 New Conventional
Previous Owner $410,000 New Conventional
Previous Owner $394,733 FHA
Previous Owner $153,000 VA
Previous Owner $118,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25268696

California Regional Multiple Listing Service (CRMLS)

APN: 5074-011-019

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