
Los Angeles, California 90064
This property presents a High-Potential Investment Opportunity with a List Price of $1,795,000—positioned well below the $1,805,896 Fair Market Value by 0.6%. This valuation gap offers $10,896 in Instant Equity for buyers. With a Condition Rating of 6, the home requires significant modernization, yet the nearly 7,000 sqft lot and Overland Avenue Elementary School district location provide a rare canvas for expansion. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build a custom dream home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10537 Northvale Road Subject | $1,795,000* List Price | 4 | 3 | 2,229 | $810 | - |
A 10448 Cheviot Drive Sold | $2,055,000 | 2 | 2 | 1,973 | $1,042 | 0.3 mi |
B 2861 Dunleer Place Sold | $1,737,500 | 2 | 2 | 1,687 | $1,030 | 0.1 mi |
C 2816 S Bentley Avenue Sold | $1,320,000 | 3 | 2 | 1,443 | $915 | 0.8 mi |
D 2642 Manning Avenue Active | $1,995,000 List Price | 4 | 2 | 1,918 | $1,040 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1938 and not traded in over 50 years, this property is marketed primarily for its land value and the potential to build a 'new dream home.' The listing describes a 'nostalgic' kitchen and vintage windows, indicating no significant renovations have occurred in over 50 years, meeting the criteria for a tear-down.
Situated in the highly coveted Cheviot Hills neighborhood and within the prestigious Overland Avenue Elementary School district, offering exceptional lifestyle appeal and long-term value.
The expansive nearly 7,000 sqft lot and existing 2,229 sqft footprint provide a rare 'blank canvas' opportunity for a major renovation, expansion, or custom new construction.
The residence retains charming 1930s period details, including original hardwood floors, arched openings, and a distinctive wood-paneled bonus room with exposed beam ceilings.
Offered for the first time in over 50 years, the home is in mostly original condition and will require a substantial capital investment to modernize the kitchen, baths, and living spaces.
Due to the property's age and lack of recent updates, buyers should expect the need for significant upgrades to core systems such as electrical, plumbing, and climate control.
First time on the market in over a half century! 10537 Northvale Road presents a rare opportunity to reimagine a longtime family home in Cheviot Hills. Filled with character and brimming with possibility, this charming residence offers an exceptional canvas for a thoughtful renovation, expansion, or the creation of an entirely new dream home. The existing residence retains wonderful period details, including original hardwood floors, a classic fireplace with built-in bookcases, arched openings, vintage windows and an abundance of natural light. Generously proportioned living and dining spaces are complemented by multiple bedrooms, a nostalgic kitchen, and a distinctive wood-paneled bonus room with exposed beam ceilings, each offering a glimpse into the home's history and tremendous potential. Outside, mature trees create a private setting, while the property's detached garage and expansive nearly 7,000 sqft lot provide exciting possibilities for the next owner. Whether restoring its original charm, expanding upon the existing footprint, or starting fresh with a custom residence, the property offers a compelling opportunity to create something truly special. Within the highly sought-after Overland Avenue Elementary School district, the property enjoys an exceptional Westside location moments from neighborhood shops and restaurants, recreation, golf, and nearby Century City. A rare opportunity to reimagine a cherished longtime family home and create its next chapter in one of West Los Angeles' most beloved neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,229 | 1,664.159 |
| Lot Size | 6,949 | 6,066.556 |
| Price | $1.79M | $1.35M |
| Price per sq ft | $805 | $806 |
| Built year | 1938 | 1939 |
| HOA | $0 | $278 |
| Days on market | 6 | 55 |
Sep 3, 2026
$1,795,000
Initial Listing
Jan 14, 1965
$29,000
Public Record