
Los Angeles, California 90064
This Prime Rancho Park Development Asset commands a $1,495,000 list price, representing a premium acquisition in a high-demand corridor relative to its $1,398,005 Fair Market Value. Carrying a Condition Rating of 4, the 1944 structure retains original hardwood floors, yet its primary value lies in the Significant Development Potential of the 5,751 square foot lot. With a detached garage offering ADU potential and proximity to Los Angeles Unified schools, this property serves as a strategic acquisition for Developers or Value-Add Investors looking to maximize a small footprint in a prestigious Westside location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10765 Esther Subject | $1,495,000* List Price | 3 | 1 | 1,014 | $1,379 | - |
A 2952 Midvale Avenue Sold | $1,120,000 | 3 | 2 | 1,075 | $1,042 | 0.6 mi |
B 2520 Midvale Avenue Sold | $1,500,000 | 3 | 2 | 1,116 | $1,344 | 0.2 mi |
C 2535 Veteran Avenue Sold | $1,500,000 | 2 | 1 | 1,087 | $1,380 | 0.3 mi |
D 2555 Tilden Avenue Sold | $1,615,000 | 3 | 3 | 1,359 | $1,188 | 0.5 mi |
E 2716 Veteran Avenue Sold | $1,400,000 | 2 | 2 | 1,130 | $1,239 | 0.4 mi |
F 10531 Oaklawn Road Active | $1,699,000 List Price | 2 | 1 | 1,175 | $1,446 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1944, this property is well-maintained but shows significant signs of age. While it features some functional upgrades like dual-pane windows, plantation shutters, and original hardwood floors, the kitchen and bathroom are dated with older tile countertops and mid-century fixtures. The 3-bedroom, 1-bathroom configuration and small 1,014 sqft footprint are below modern standards for the area, suggesting the home is better suited for renovation or expansion rather than being a turnkey modern residence.
Situated on a quiet, tree-lined street in a highly sought-after West Los Angeles neighborhood, this property offers exceptional long-term value and a high-demand residential setting.
The 5,751 square foot lot and detached two-car garage provide a versatile canvas for builders and developers to expand the existing structure or add a lucrative ADU.
The home includes desirable upgrades such as dual-pane windows, plantation shutters, and original hardwood floors, offering a solid foundation for end-users looking to move in or renovate.
The 3-bedroom, 1-bathroom configuration is a significant drawback for modern families and will likely require a costly addition to meet current market standards for functionality.
At just 1,014 square feet, the living space is relatively small for the $1.495M price point, making the property more of a land-value or major expansion play than a turnkey residence.
Attention builders, developers and end users. This home offers endless possibilities to upgrade, expand or add an ADU. Located on a quiet tree lined street in prime Rancho Park location. 3-bedroom, 1-bathroom home. Lot size of 5,751 square feet. Cozy fireplace in living room. Hardwood floors throughout. Dual pane windows and plantation shutters. A detached two-car garage and a generous size backyard.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 1.0 | 3.0 | 8% |
| Square foot | 1,014 | 2,188 | 4% |
| Lot Size | 5,751 | 6,317 | 25% |
| Price | $1.50M | $2.20M | 17% |
| Price per sq ft | $1.5K | $1.0K | 95% |
| Built year | 1944 | 1946 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 187 | 3% |
Apr 11, 2026
$1,495,000
Initial Listing