
Los Angeles, California 90034
This property presents a High-Potential Investment Opportunity with a List Price of $1,149,000—positioned well below the $1,200,000 Fair Market Value by 4%. This valuation gap offers $51,000 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes recent capital improvements like a new roof and electrical panel. With its proximity to major tech campuses and potential for an ADU, this is a strategic acquisition for Fix-and-Flip Investors or first-time buyers seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10741 Charnock Road Subject | $1,149,000* List Price | 3 | 2 | 1,296 | $926 | - |
A 3652 Kelton Avenue Sold | $1,150,000 | 2 | 1 | 1,226 | $938 | 0.3 mi |
B 10724 Tabor Sold | $1,140,000 | 3 | 2 | 1,651 | $690 | 0.0 mi |
C 3515 S Bentley Avenue Sold | $1,100,000 | 3 | 3 | 1,095 | $1,005 | 0.6 mi |
D 3173 S Bentley Avenue Sold | $1,305,000 | 3 | 1 | 1,249 | $1,045 | 0.8 mi |
E 3457 Greenfield Avenue Sold | $1,045,000 | 3 | 1 | 1,132 | $923 | 0.5 mi |
F 3035 Malcolm Active | $1,419,850 List Price | 3 | 2 | 1,700 | $835 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the 1964 structure is dated and the kitchen/baths require a full cosmetic rehab, the property avoids a 'poor' rating due to significant recent capital improvements including a new roof, new electrical panel, new double-pane windows, and new LVP flooring.
Situated in the high-demand Palms neighborhood, the property is walking distance to Sony Pictures and near major Apple and Google campuses, ensuring strong long-term appreciation and rental demand.
As the lowest-priced home in the area with a detached garage suitable for an ADU, it offers investors and flippers a significant margin for profit with a projected ARV up to $1.9M.
The home features several recent high-cost improvements, including a new roof, updated electrical panel, double-pane windows, and new LVP flooring, lowering the immediate renovation risk.
The interior is significantly dated and sold in 'as-is' condition, requiring a comprehensive rehab to meet modern market standards and realize its full value.
The property is a Trust Sale with no appliances included and limited showing availability, which may pose challenges for traditional buyers looking for a move-in ready home.
**BACK ON MARKET** Investor's Special! The Lowest Priced Home in Palms! This single family home with a detached garage is located in the Super Hot Palms California Market located just two blocks from Sony Pictures, and a 15 minute bike ride to Venice Beach Boardwalk. This is a 3 bedroom 2 bath Home just shy of 1300 square feet. It also includes a closed off patio/den with laundry access. The Sellers have made improvements to almost all of the major systems of this home. This year alone a New Roof was and exterior trim work. The Electrical Panel is new, along with added recessed lighting to the living room. The windows have been upgraded to Double Pane all around. New LVP Flooring was added at the beginning of the year. The Homes requires some love and a vision on the inside with your own personal touch as an experienced flipper, or even a first time home buyer. As you can see the interior is dated, but the completion of a rehab on this home will provide some massive Forced Equity! Four Fixers in this neighborhood have recently sold, but were nowhere near this good condition at this price! The neighborhood is Booming and House prices are still trending up in this pocket, as the Home is located in a Very Safe Neighborhood with Strong School Ratings and is Highly Walkable. Neighborhood activity is high with lots of Families and Dog walkers around. New and trendy local Restaurants keep opening up by the day. Even Apple, Google and Max have brought three major "campuses" to the neighborhood with plenty more tech companies desire to move here. Investors, there is Multiple Exit Strategies for this Home, the quickest being a cosmetic Fix and Flip with a huge spread and little headache. You will not see recent comps in six months in this neighborhood because there is no supply! The demand is so high for rehabbed Single Family Homes when they do pop up. The problem is, there are only a handful that show up in this pocket in Years! High end remodels have sold above $1,850,000 multiple times with Bidding Wars and low Days on Market. Our Listing Agent was involved in multiple of those transactions as proof. This home has an excellent entry price, with a lower than usual rehab scope, and a conservative exit of $1,600,000 All of which at a Price Point to alleviates a lot of risk. The detached garage can also make an excellent ADU play to reach above a $1,900,000 ARV. Rents are historically strong in this neighborhood given its access to the rest of Los Angeles and desirability making a great buy and hold play. Feel free to run your numbers and you can confirm this is a great deal for the next home owner. A sample ADU can be seen right next door for the ADU play. Investors, and Home Buyers - There will be limited showings of this home, and offers will be due July 27th. To schedule your Private Showing please contact the listing agent. Property will be sold As-Is. Seller is still moving things out. Will be delivered vacant. Prefer longer escrow period of 30 days. Appliances do not convey. Trust Sale - verified documents and information to facilitate easy transaction. Creative Financing, Hard Money and Private, Conventional loans are all okay. We will look at all deal structures, but go with the strongest offers.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,296 | 1,672 |
| Lot Size | 4,800 | 6,067 |
| Price | $1.15M | $1.37M |
| Price per sq ft | $887 | $801 |
| Built year | 1964 | 1939 |
| HOA | $0 | $348 |
| Days on market | 34 | 56 |
Jul 21, 2026
$1,149,000
Initial Listing
Jun 18, 2026
$1,200,000
Initial Listing
Dec 17, 1999
$250,000
Public Record