11250 Mississippi Avenue, Los Angeles, California 90025, Los Angeles, 90025 - 3 bed, 1 bath
11250 Mississippi Avenue
Los Angeles, California 90025
Property Price
SUMMARY
Analysis of 11250 Mississippi Avenue, Los Angeles, California 90025 reveals a property with a current list price of $1,425,000, which is 7% above the estimated $1,323,856 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11250 Mississippi Avenue Subject | $1,425,000* List Price | 3 | 1 | 1,178 | $1,124 | - |
A 2030 Pelham Avenue Sold | $1,750,000 | 3 | 2 | 1,551 | $1,128 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The listing explicitly states this is a 'teardown property' and the property analysis confirms 'Teardown Requirement & Demolition Costs'. Built in 1947, the existing structure is well over 50 years old, and the images show an older, modest home consistent with a property whose value is in the land and development potential, not the current dwelling.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Ready-to-Issue (RTI) Development Plans
The property includes nearly Ready-to-Issue (RTI) plans for a modern four-unit apartment building, significantly de-risking and accelerating the development process for a luxury townhouse-style project.
- Prime West Los Angeles Location
Ideally located in the heart of Sawtelle, offering exceptional proximity to Sawtelle Boulevard's amenities, UCLA, Westwood, Brentwood, Santa Monica, and Century City, ensuring high demand for future units.
CONSRISKS & DEFICIENCIES
- Teardown Requirement & Demolition Costs
The existing property is a teardown, necessitating immediate demolition costs and precluding any potential for interim rental income from the current structure.
- Substantial Capital Investment Required
As a ground-up development opportunity, the project demands significant capital outlay for construction and project management beyond the initial land acquisition cost.
- Inherent Construction Risks
Despite the nearly RTI status, the project remains subject to typical construction risks, including potential cost overruns, material and labor fluctuations, and unforeseen delays during the build-out phase.
About 11250 Mississippi Avenue
11250 Mississippi presents an exceptional development opportunity in prime West Los Angeles featuring a nearly Ready-to-Issue (RTI) project. The offering includes a teardown property with three bedrooms and two bathrooms. The included plans are for a modern four-unit apartment building designed for luxury townhouse-style living. Each unit is approximately 1,400 square feet with 2 bedrooms and 2.5 bathrooms, complemented by approximately 600 square feet of private rooftop space ideal for indoor-outdoor entertaining. The project also includes two on-site parking spaces per unit, a highly sought-after amenity in this submarket. Ideally located in the heart of Sawtelle, just moments from Sawtelle Boulevard's renowned dining and shopping, and minutes from UCLA, Westwood, Brentwood, Santa Monica, and Century City, this nearly RTI project offers a rare opportunity for developers to deliver high-demand new construction in one of West LA's most desirable and supply-constrained neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 4,240 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Nora Sterry Elementary School
Grades K-5 • 0.5 mi
Richland Avenue Elementary School
Grades K-6 • 0.8 mi
Overland Avenue Elementary School
Grades K-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 12% |
| Square foot | 1,178 | 1,818 | 6% |
| Lot Size | 4,240 | 6,202 | 6% |
| Price | $1.43M | $2.04M | 6% |
| Price per sq ft | $1.2K | $1.1K | 76% |
| Built year | 1947 | 1929 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 164 | 12% |
Pricing History
Listed for Sale
Jan 15, 2026
$1,425,000
Initial Listing
Sold
Apr 29, 2022
$1,050,000
Public Record