12233 Malone Street, Los Angeles, California 90066, Los Angeles, 90066 - 3 bed, 4 bath
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Los Angeles, California 90066
This Renovated Mar Vista Hill Residence is a Prime Investment Opportunity listed at $2,650,000—positioned well below the $2,768,772 Fair Market Value by 4%. This valuation gap provides $118,772 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating from its 2017 overhaul, the home features Viking appliances, Caesarstone countertops, and a rare 7,037 sq ft corner lot. Located within the top-rated Mar Vista Elementary boundaries, this property perfectly balances luxury Westside living with immediate financial upside. It is an ideal acquisition for Owner-Occupants or Lifestyle-Driven Buyers seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12233 Malone Street Subject | $2,650,000* List Price | 3 | 4 | 2,405 | $1,151 | - |
A 12118 Navy Street Sold | $2,610,000 | 3 | 2 | 2,141 | $1,219 | 0.2 mi |
B 12566 Preston Way Sold | $2,875,000 | 4 | 4 | 2,648 | $1,086 | 0.7 mi |
C 3021 Barry Avenue Sold | $3,150,000 | 4 | 3 | 2,477 | $1,272 | 0.5 mi |
D 12713 Stanwood Drive Sold | $2,975,000 | 3 | 3 | 2,598 | $1,145 | 0.5 mi |
E 3482 Cabrillo Boulevard Sold | $3,285,000 | 4 | 4 | 2,579 | $1,274 | 0.8 mi |
F 12317 Navy Street Active | $2,800,000 List Price | 3 | 3 | 2,530 | $1,107 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was completely renovated in 2017 (approximately 9 years ago), which falls within the 5-15 year renovation window for a 'Good' rating. The home features high-end Viking appliances, Caesarstone countertops, and updated bathrooms with modern tiling and fixtures. It is described as move-in ready and well-maintained.
Situated on the coveted Mar Vista Hill at the end of a quiet cul-de-sac, this property falls within the highly sought-after Mar Vista Elementary boundaries, offering significant long-term value and appeal for families.
Completely renovated in 2017, the home features high-end Viking appliances, Caesarstone countertops, and updated bathrooms, providing a move-in-ready experience with contemporary aesthetic and functional upgrades.
The 7,037 sq ft corner lot is notably large for the area, featuring two separate yard spaces and a seamless indoor-outdoor flow that is ideal for both private relaxation and large-scale entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2405, other record living area = 2030. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
At a list price of $2.65M for a 3-bedroom residence, the property commands a premium price point that may be a deterrent for buyers seeking a fourth bedroom or more square footage at this investment level.
The 1948 original footprint includes a step-down family room, which, while offering architectural interest, may not appeal to buyers looking for a completely level, modern open-concept floor plan.
Welcome to this move-in ready Mar Vista home, ideally located on coveted Mar Vista Hill within the highly sought-after Mar Vista Elementary boundaries. Situated on a corner lot at the end of a cul-de-sac on an expansive 7,037 sq ft lot, this home was completely renovated in 2017 and offers a seamless blend of style, comfort, and everyday livability. An open floor plan connects the living, dining, and kitchen areas, flowing effortlessly to the spacious outdoor yard - perfect for both everyday living and entertaining. The updated kitchen and bathrooms are thoughtfully designed with quality finishes, including Viking appliances and caesarstone countertops. The primary suite includes an oversized walk-in closet and a beautifully updated bath with a spacious shower. A step-down family room with vaulted ceilings provides a versatile bonus living space, along with access to a second, separate yard. Set in one of Mar Vista's most desirable neighborhoods, this home offers a true sense of community just moments from local favorites and everything the Westside has to offer.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-6 • 0.7 mi
Grades PK-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 68% |
| Square foot | 2,405 | 1,870 | 64% |
| Lot Size | 7,037 | 5,683.5 | 80% |
| Price | $2.65M | $2.03M | 72% |
| Price per sq ft | $1.1K | $1.2K | 40% |
| Built year | 1948 | 1950 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 147 | 1% |
Apr 22, 2026
$2,650,000
Initial Listing
Aug 3, 2017
$1,700,000
Public Record
Jul 20, 2016
$1,003,000
Public Record