12146 Travis Street, Los Angeles, California 90049, Los Angeles, 90049 - 3 bed, 2 bath

12146 Travis Street, Los Angeles, California 90049 home-pic-0
ACTIVE$2,600,000
12146 Travis Street, Los Angeles, California 90049
3Beds
2Baths
1,794Sqft
18,225Lot

Price Vs. Estimate

The estimated value ($2,178,268.915) is $421,731.085 (16%) lower than the list price ($2,600,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18225, living area = 1794.
Top Cons:
Outdated Existing Structure: Built in 1955, the current 1,794 sq. ft. home is modest and likely requires extensive renovation or demolition to meet modern luxury standards.

Compared to the nearby listings

Price:$2.60M vs avg $3.94M ($-1,335,000)15%
Size:1,794 sqft vs avg 3,318.5 sqft9%
Price/sqft:$1.4K vs avg $1.3K59%

More Insights

Built in 1955 (70 years old).
Condition: Built in 1955, this property is explicitly described as an 'outdated existing structure' that 'likely requires extensive renovation or demolition.' The visible interior, particularly the dining room, features very dated elements such as the light fixture, windows, and brick fireplace, suggesting no significant renovations in decades. The absence of kitchen and bathroom photos, combined with the overall description, strongly indicates these crucial areas are in poor, outdated condition and would require complete overhauls. The property is presented as a 'project-oriented purchase' where the value lies in the land and development potential, not the current structure, aligning with a 'poor' condition score.
Year Built
1955
Close
-
List price
$2.6M
Original List price
$2.7M
Price/Sqft
$1,449
HOA
-
Days on market
-
Sold On
-
MLS number
25617935
Home ConditionPoor
Features
Good View: Hills, Landmark
Patio
ViewHills, Landmark

About this home

In the heart of Brentwood, this charming single-story home presents an exceptional opportunity to create your dream residence in one of Los Angeles' most sought-after neighborhoods. Tucked away at the end of a private drive on a cul-de-sac off Bundy Drive, the property offers rare seclusion, privacy, and views of the Getty. Currently featuring 3 bedrooms, 2 bathrooms, and 1,794 sq. ft. of living space, the home rests on an expansive 18,220 sq. ft. lot filled with potential. According to the Underbuilt Report, the property offers the opportunity to build up to 7,734 sq. ft. of new construction, or remodel and expand up to 6,445 sq. ft. - a rare chance to create a substantial estate in a coveted location. Newly constructed estates on comparable lots and square footage in Brentwood are commanding between $1,200 and $1,400 per square foot, underscoring the significant upside potential. Whether you choose to move in, renovate, or reimagine the space entirely, 12146 Travis Street offers a truly exceptional opportunity to craft something extraordinary in prime Brentwood.

Nearby schools

5/10
Brentwood Science School
Public,K-51.8mi
5/10
Brockton Avenue Elementary School
Public,K-52.4mi
9/10
Franklin Elementary School
Public,PK-52.5mi
9/10
Warner Avenue Elementary School
Public,K-52.8mi
7/10
Nora Sterry Elementary School
Public,K-52.9mi
9/10
Fairburn Avenue Elementary School
Public,K-53.1mi
9/10
Roscomare Road Elementary School
Public,K-53.2mi
8/10
Lanai Road Elementary School
Public,K-55.1mi
8/10
Lincoln Middle School
Public,6-83.3mi
6/10
Gaspar De Portola Middle School
Public,6-87.2mi
5/10
William Mulholland Middle School
Public,6-88.0mi
6/10
University Senior High School
Public,9-122.4mi
6/10
University Senior High School Charter
Public,9-122.4mi
8/10
Santa Monica High School
Public,9-124.5mi
6/10
Van Nuys Senior High School
Public,9-128.0mi
Condition Rating
Poor

Built in 1955, this property is explicitly described as an 'outdated existing structure' that 'likely requires extensive renovation or demolition.' The visible interior, particularly the dining room, features very dated elements such as the light fixture, windows, and brick fireplace, suggesting no significant renovations in decades. The absence of kitchen and bathroom photos, combined with the overall description, strongly indicates these crucial areas are in poor, outdated condition and would require complete overhauls. The property is presented as a 'project-oriented purchase' where the value lies in the land and development potential, not the current structure, aligning with a 'poor' condition score.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18225, living area = 1794.
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Prime Brentwood Location: Situated in the heart of Brentwood, one of Los Angeles' most coveted and sought-after neighborhoods.
Expansive Lot & Development Potential: An oversized 18,220 sq. ft. lot offers significant opportunity for new construction (up to 7,734 sq. ft.) or substantial expansion.
Rare Seclusion & Privacy: Tucked away at the end of a private cul-de-sac, providing an uncommon level of privacy in a dense urban area.
Strong Investment Upside: The potential for creating a substantial estate in a high-value market, with comparable new builds commanding premium prices.
Desirable Views & School Access: Features views of the Getty and is located within proximity to highly-rated public schools.

Cons

Outdated Existing Structure: Built in 1955, the current 1,794 sq. ft. home is modest and likely requires extensive renovation or demolition to meet modern luxury standards.
Significant Capital Investment Required: The property's primary value lies in its development potential, necessitating substantial additional funds for construction or major remodeling beyond the purchase price.
Project-Oriented Purchase: This is not a move-in ready luxury home, but rather an opportunity for a buyer willing to undertake a large-scale building or renovation project.

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