1016 Selby Avenue, Los Angeles, California 90024, Los Angeles, 90024 - 4 bed, 3 bath
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Los Angeles, California 90024
This 1926 residence presents a High-Potential Investment Opportunity with a List Price of $2,750,000, positioned at its $2,745,099 Fair Market Value. While the home carries a Condition Rating of 5, the significant 2,757 sq. ft. floor plan and 8,638 sq. ft. lot offer substantial value-add potential through comprehensive renovation. Located in a prime Westwood neighborhood near 9/10-rated schools like Fairburn Avenue Elementary, this property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to restore a classic character home in a premier Los Angeles enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1016 Selby Avenue Subject | $2,750,000* List Price | 4 | 3 | 2,592 | $1,059 | - |
A 1287 Holmby Avenue Sold | $2,470,000 | 4 | 3 | 2,068 | $1,194 | 0.5 mi |
B 10544 Wellworth Avenue Sold | $2,166,000 | 4 | 3 | 1,985 | $1,091 | 0.4 mi |
C 1519 Comstock Avenue Sold | $2,385,000 | 4 | 3 | 2,751 | $867 | 0.8 mi |
D 757 Malcolm Avenue Sold | $3,526,000 | 4 | 4 | 3,177 | $1,110 | 0.3 mi |
E 1342 Woodruff Avenue Sold | $2,395,000 | 3 | 2 | 1,784 | $1,342 | 0.6 mi |
F 10546 Lindbrook Avenue Active | $3,100,000 List Price | 4 | 3 | 3,187 | $973 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1926 with no evidence of modern renovation, this property shows significant deferred maintenance. Interior images reveal peeling paint, ceiling damage, and bathrooms that appear to be 50+ years old. The 'as-is' trust sale status and visible state of the basement systems indicate the home requires a comprehensive rehab to meet modern safety and functional standards.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated in one of Los Angeles' most coveted neighborhoods, this property offers exceptional walkability to Westwood Village and UCLA, with immediate proximity to Beverly Hills and Century City.
The generous 8,638 sq. ft. lot features a private, meticulously maintained backyard with mature trees, offering a rare outdoor sanctuary and premium space for entertaining.
The property is a Trust Sale being sold in 'as-is' condition, which likely necessitates additional capital for modernizing systems or addressing deferred maintenance typical of a century-old home.
Despite its prestigious location and large lot, the property lacks the elevated or panoramic views often sought by luxury buyers in the surrounding Westside hills.
1016 Selby Avenue, Los Angeles, CA 90024 This is a Trust Sale and will be sold as is | Offered at $2,750,000 Classic Westwood Character Home with Entertainer's Dream Backyard Nestled in the heart of one of Los Angeles' most coveted neighborhoods, this distinguished 1926 residence at 1016 Selby Avenue presents a rare opportunity to own a generously proportioned home in prime Westwood surrounded by Beverly Hills, Bel Air, Brentwood, and Century City. Spanning approximately 2,757 square feet of indoor living across two floors, this 4-bedroom, 3-bathroom home offers the scale, character, and location that today's discerning buyer demands. The main living level features an expansive living room (382 sq. ft.), a formal dining room, a well-appointed kitchen, and multiple hallways that lend a gracious, flowing feel to everyday life. A second living area adds flexibility for a family room, home office, or creative studio.Upstairs, the second floor is anchored by a sprawling master bedroom retreat alongside two additional well-sized bedrooms creating a private, dedicated sleeping level separated from the main living areas. A basement rounds out the home with additional storage. Step outside to a backyard that is truly an entertainer's dream. Framed by mature trees and meticulously maintained, the private yard offers a serene, lush escape from the city ideal for al fresco dining, weekend gatherings, or simply unwinding under the California sun. A private driveway leads to a 2-car garage, providing the kind of convenient, secure parking that is a coveted rarity in this part of the city. Highlights: *Built 1926 | 2,757 sq. ft. indoor scanned area*3 bedrooms | 3 bathrooms*Two floors plus a basement*Expansive main-level living and dining rooms *Large kitchen (182 sq. ft.) *Dedicated upper-floor master bedroom retreat *Entertainer's dream backyard with mature trees and well-kept private yard *Private driveway with 2-car garage *Prime Westwood location walk to Westwood Village, UCLA, the Hammer Museum, and Geffen Playhouse *Minutes to Beverly Hills, Century City, and the Westside's best shopping and diningSizes and dimensions are approximate per Matterport Property Report.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 34% |
| Square foot | 2,592 | 2,933 | 24% |
| Lot Size | 8,638 | 7,515 | 66% |
| Price | $2.75M | $3.50M | 28% |
| Price per sq ft | $1.1K | $1.2K | 24% |
| Built year | 1926 | 1936 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 146 | 3% |
May 29, 2026
$2,750,000
Initial Listing