
Los Angeles, California 90035
This 1935 classic represents a High-Potential Investment Opportunity, listed at a List Price of $1,600,000—positioned above the $1,524,222 Fair Market Value. While requiring a full renovation due to its Condition Rating of 5, the property offers significant upside in the prestigious South Carthay HPOZ. With a spacious 2,179 sqft layout on a 7,157 sqft lot and proximity to top-rated schools like Beverly Hills High School, this asset is a prime candidate for value-add restoration. It is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a long-term project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1059 S Orlando Subject 3 bd · 3 ba · 2,179 sqft · $700 | $1,600,000* List Price | 3 | 3 | 2,179 | $700 | - |
A 1549 S Point View Street Sold 3 bd · 2 ba · 1,782 sqft · $828 · 0.6 mi | $1,475,000 | 3 | 2 | 1,782 | $828 | 0.6 mi |
B 8860 Horner Street Active 3 bd · 3 ba · 2,145 sqft · $837 · 0.8 mi | $1,795,000 List Price | 3 | 3 | 2,145 | $837 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1935 and marketed as a 'Value-Add' property in strictly 'AS-IS' condition, this home likely has original or severely outdated systems, kitchen, and baths requiring a full rehab. The exterior shows signs of deferred maintenance and unlandscaped grounds.
High School: Beverly Hills High School (9/10).
Situated in the highly sought-after South Carthay neighborhood, the property offers exceptional proximity to iconic landmarks like LACMA and The Grove, ensuring long-term desirability and lifestyle convenience.
As a spacious 2,179 sqft classic on a generous 7,157 sqft lot, this property serves as a remarkable canvas for investors or homeowners looking to build substantial equity through renovation.
The property is being sold in strictly 'as-is' condition, signaling that substantial immediate capital investment will be required for necessary repairs and modernization.
Located within a Historic Preservation Overlay Zone, any exterior renovations are subject to strict guidelines and permit requirements, which may limit design flexibility and extend project timelines.
Welcome to this timeless 1935 classic located in one of Los Angeles' most vibrant and highly sought-after neighborhoods, South Carthay. This Value-Add property features 3 spacious bedrooms and 3 bathrooms across 2,179 square feet of living space. This character-filled property sits on a generous 7,157 square foot lot, offering incredible space and beautiful architecture. Located in Historic Preservation Overlay Zone (HPOZ) with permit parking. Perfectly positioned for quintessential L.A. living, you are just minutes away from iconic landmarks including The Grove, the Los Angeles County Museum of Art (LACMA), the Petersen Automotive Museum, and premier shopping at the Beverly Center. Food enthusiasts will love the proximity to celebrated neighborhood dining spots like Crossroads Kitchen on Melrose and Kings Road Coffee and Café. Commuting is effortless with convenient, easy access to the 10 Freeway, connecting you seamlessly to both Downtown LA and the Westside. Bring your vision to this remarkable canvas. The property is being sold in strictly "AS-IS" condition.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,179 | 1,670.836 |
| Lot Size | 7,157 | 6,152.156 |
| Price | $1.60M | $1.34M |
| Price per sq ft | $734 | $807 |
| Built year | 1935 | 1941 |
| HOA | $0 | $238 |
| Days on market | 14 | 56 |
Oct 26, 2026
$1,600,000
Initial Listing