12145 Hatteras, Valley Village, California 91607, Valley Village, 91607 - 2 bed, 2 bath
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Valley Village, California 91607
This Prime Development Asset is listed at $1,399,000, representing a strategic acquisition in the high-demand Valley Village market. With a Fair Market Value of $1,220,227, the price reflects the substantial 8,000 sq. ft. lot and Significant Development Potential for a custom residence. The property includes a pool, covered patio, and a non-permitted guest unit, providing a head start on value-add improvements. Holding a Condition Rating of 2, this As-Is property is an ideal project for Fix-and-Flip Investors or Developers seeking a high-upside investment near major freeways and Los Angeles Unified schools.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12145 Hatteras Subject | $1,399,000* List Price | 2 | 2 | 1,095 | $1,092 | - |
A 5536 Carpenter Avenue Sold | $1,270,000 | 3 | 2 | 1,406 | $903 | 0.5 mi |
B 5415 Carpenter Avenue Active | $1,299,000 List Price | 3 | 2 | 1,306 | $995 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1943, the property has undergone a comprehensive and high-quality recent renovation. The interior features new wide-plank laminate flooring, recessed lighting, and fresh paint throughout. The kitchen is fully modernized with contemporary wood cabinetry, stone countertops, a designer hexagonal tile backsplash, and stainless steel appliances. Bathrooms have been completely updated with trendy patterned floor tiles, subway-tiled showers with black hardware, and modern vanities. The presence of plantation shutters and a well-maintained pool further supports the excellent condition of the primary residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7831, living area = 1095.
Situated on a generous 8,000 sq. ft. lot, this property provides a substantial footprint for investors or developers looking to renovate, expand, or construct a new custom residence in a high-demand area.
The property is ideally located with excellent proximity to the 170, 101, and 134 freeways, as well as local shopping and dining, ensuring strong long-term land value and desirability.
The 450 sq. ft. guest unit is unfinished and non-permitted, which may present significant challenges regarding financing, building code compliance, and additional costs for legalization.
The property is being sold in its current state with no repairs or credits, requiring a buyer with substantial liquid capital for the necessary renovations or a complete teardown.
PICTURES COMING SOON. Prime Valley Village opportunity! Situated on an approximately 8,000 sq. ft. lot, this property offers exceptional potential for investors, flippers, or buyers looking to renovate, expand, or build new. The home features 2 bedrooms plus a potential 3rd bedroom/office, a pool, and covered patio. A non-permitted unfinished guest unit (approx. 450 sq. ft.) with a functioning full bath adds additional possibilities. Located near shopping, dining, and with easy access to the 170, 101, and 134 freeways. Sold AS-IS. No blind offers will be considered.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 1,095 | 1,943 | 4% |
| Lot Size | 7,831 | 7,337 | 60% |
| Price | $1.40M | $1.49M | 38% |
| Price per sq ft | $1.3K | $791 | 98% |
| Built year | 1943 | 1947 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 146 | 2% |
Mar 18, 2026
$1,399,000
Initial Listing
Dec 8, 2022
$1,150,000
Public Record
Aug 20, 2018
$630,000
Public Record