10655 Cushdon Ave, Los Angeles, California 90064, Los Angeles, 90064 - 3 bed, 2 bath
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Los Angeles, California 90064
This property presents a High-Potential Investment Opportunity with a List Price of $1,749,000—positioned well below the $1,748,177 Fair Market Value (effectively at market). Featuring RTI Permits for a 3,246 sq ft expansion, this Fair Condition Rating asset allows for significant forced appreciation through a second-story addition and ADU construction. Located in the prime Rancho Park neighborhood, the project targets a high-demand market where new builds exceed $3.4M. This is a strategic acquisition ideal for Value-Add Investors or Owner-Builders seeking to customize a premier West Los Angeles residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10655 Cushdon Ave Subject | $1,749,000* List Price | 3 | 2 | 1,460 | $1,197 | - |
A 10765 Esther Sold | $1,550,000 | 3 | 1 | 1,014 | $1,529 | 0.2 mi |
B 2831 Haddington Drive Sold | $2,150,000 | 2 | 2 | 1,675 | $1,284 | 0.7 mi |
C 2861 Dunleer Place Sold | $1,737,500 | 2 | 2 | 1,687 | $1,030 | 0.4 mi |
D 2207 Parnell Sold | $2,200,000 | 3 | 3 | 1,580 | $1,392 | 0.5 mi |
E 10308 Keswick Avenue Sold | $1,975,000 | 4 | 3 | 1,807 | $1,093 | 0.8 mi |
F 2816 S Bentley Avenue Pending | $1,249,000 List Price | 3 | 2 | 1,443 | $866 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946 and marketed primarily as a development opportunity with RTI permits. While the kitchen has had some past updates, the bathroom remains significantly dated with original-style tiling and fixtures. The property is positioned for a major rehab or second-story addition, reflecting its age and the need for modern system upgrades.
The property is sold with Ready-To-Issue permits for a 3,246 sq ft total living space expansion, significantly reducing the development timeline and eliminating bureaucratic hurdles for the buyer.
With a list price of $1.749M and local comps for new constructions exceeding $3.4M, this project offers a substantial profit margin for investors or significant equity for owner-builders.
Situated in a highly sought-after West Los Angeles neighborhood, the property benefits from strong market demand, excellent school districts, and proximity to major employment hubs.
The property was recently sold within the past year on 2025-08-07. The sold price is $1,550,000.00.
Beyond the purchase price, the buyer must have substantial liquid capital or construction financing to execute the extensive permitted plans and ADU construction.
The current 1946 structure is modest in size and utility compared to modern neighborhood standards, making it unsuitable for buyers not looking for a major construction project.
Fully permitted and offered with RTI (Ready-To-Issue) permits, this exceptional property presents a rare investment and development opportunity in the highly desirable Rancho Park neighborhood. The approved plans include a second-story addition to the main residence, creating a spacious 2,738 sq ft home featuring 4 bedrooms and 3.5 bathrooms, plus a detached 508 sq ft ADU with 1 bedroom and 1 bathroom. Upon completion, the property will offer a total of 3,246 sq ft of living space with 5 bedrooms and 4.5 bathrooms. The thoughtfully designed floor plan embraces modern luxury living with an open-concept layout connecting the living room, dining area, and gourmet kitchen. The main level features one bedroom, while the second floor includes three generously sized bedrooms, each with its own bathroom. The detached ADU follows the same modern design aesthetic and is complemented by a detached two-car garage. Conceptual plans showcase a contemporary architectural style designed for today's lifestyle and market demand. Newly constructed homes in the area have recently sold for $3.4 million or more, depending on size, design, and finishes. Don't miss this outstanding opportunity to build and customize a premier property in one of West Los Angeles' most sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,460 | 2,057 | 22% |
| Lot Size | 6,085 | 6,250.5 | 42% |
| Price | $1.75M | $2.13M | 33% |
| Price per sq ft | $1.2K | $1.1K | 71% |
| Built year | 1946 | 1945 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 118 | 1% |
Jun 3, 2026
$1,749,000
Initial Listing
Aug 7, 2025
$1,550,000
Public Record