
Los Angeles, California 90034
This property presents a High-Potential Investment Opportunity with a List Price of $1,249,000—positioned above the $1,129,997 Fair Market Value. While the current Condition Rating of 6 reflects its age, the 5,382 sqft lot in the Palms neighborhood provides significant redevelopment potential. The property is sold strictly "As Is," making it a strategic acquisition for those looking to maximize land utility in a high-demand Westside market. This asset is an ideal project for Developers or Contractors seeking to execute a full-scale renovation or rebuild.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10761 Westminster Avenue Subject 2 bd · 1 ba · 798 sqft · $1,419 | $1,249,000* List Price | 2 | 1 | 798 | $1,419 | - |
A 3207 Cheviot Vista Place Sold 2 bd · 1 ba · 1,062 sqft · $1,335 · 0.5 mi | $1,418,000 | 2 | 1 | 1,062 | $1,335 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1926 (>50 years old) with no major recent renovations noted. The listing is explicitly marketed 'As Is' to contractors and developers for redevelopment potential, indicating the value is primarily in the land.
Situated in the highly sought-after Palms neighborhood, the property offers exceptional proximity to Culver City, Santa Monica, and popular amenities like Trader Joe's.
With a generous 5,382 sqft lot and a small existing footprint, this property presents a prime opportunity for contractors or developers to expand, remodel, or rebuild.
Located in the C13 Palms-Mar Vista area, the property sits in a resilient real estate market known for strong long-term appreciation and consistent buyer interest.
The property is being sold strictly in 'As-Is' condition, signaling that the 1926 structure likely requires extensive repairs or a complete teardown.
At a list price of $1.249M for only 798 square feet of living space, the entry cost is high, reflecting land value rather than the utility of the current residence.
Bring your Contractors or Developers!!! Endless Possibilities! Located in Palms a charming single-family house that radiates warmth and functionality! Nestled in the heart of Los Angeles, this cozy 2-bedroom, 1-bathroom home offers 798 square feet of thoughtfully designed living space. It offers convenient access to nearby amenities including Trader Joe's, neighborhood shops, and dining. Just minutes from Culver City, Santa Monica, and West Los Angeles.This property offers the opportunity to create or redevelop in one of the Westside's most central and sought-after neighborhoods. Offered strictly "As Is." Buyer to verify all aspects of the property, including square footage, zoning, and development potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 798 | 1,670.836 |
| Lot Size | 5,382 | 6,152.156 |
| Price | $1.25M | $1.34M |
| Price per sq ft | $1.6K | $807 |
| Built year | 1926 | 1941 |
| HOA | $0 | $238 |
| Days on market | 52 | 56 |
Sep 18, 2026
$1,249,000
Initial Listing
Jul 22, 2002
$374,000
Public Record