
Los Angeles, California 90066
This Spacious Single-Family Residence represents a Strong Value Opportunity, currently listed at $2,800,000, which aligns with its $2,800,000 Fair Market Value. Featuring a Good Condition Rating with modern updates, this home offers a turnkey lifestyle in the desirable Mar Vista area. Residents benefit from proximity to Top-Rated Schools like Mar Vista Elementary and Clover Avenue Elementary, alongside scenic Ocean Views and a private, landscaped lot. With its flexible lower level and expansion potential, this property is an ideal acquisition for Owner-Occupants or Long-Term Investors seeking a stable, high-demand coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12317 Navy Street Subject | $2,800,000* List Price | 3 | 3 | 2,530 | $1,107 | - |
A 12118 Navy Street Sold | $2,610,000 | 3 | 2 | 2,141 | $1,219 | 0.1 mi |
B 12731 Woodgreen Street Sold | $3,450,000 | 4 | 3 | 2,552 | $1,352 | 0.7 mi |
C 12600 Appleton Way Sold | $2,250,000 | 4 | 4 | 2,643 | $851 | 0.5 mi |
D 11972 Woodbine Street Sold | $2,220,000 | 4 | 3 | 2,025 | $1,096 | 0.5 mi |
E 12566 Preston Way Sold | $2,875,000 | 4 | 4 | 2,648 | $1,086 | 0.5 mi |
F 13139 Lake Street Sold | $3,590,000 | 5 | 4 | 2,964 | $1,211 | 0.8 mi |
G 12233 Malone Street Active | $2,525,000 List Price | 3 | 4 | 2,405 | $1,050 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1948, the property has been significantly updated with a renovation likely occurring within the last 10-15 years. The kitchen features newer stainless steel appliances and granite countertops, and the interior boasts modern recessed lighting, crown molding, and updated flooring. The home is well-maintained and move-in ready, fitting the 5-15 year renovation criteria for a 'Good' rating.
Situated on a quiet cul-de-sac in the highly sought-after Mar Vista neighborhood, this home offers rare distant ocean views and excellent proximity to Silicon Beach and local beaches.
The 2,530 sqft floor plan includes a flexible lower level for a gym or office, plus significant upside potential with possibilities for an attic conversion and elevator installation.
The generous 7,868 sqft lot features a professionally landscaped backyard complete with a mini orchard and serene garden, providing a premium outdoor retreat for relaxation and entertaining.
With over 120 days on the market and multiple price reductions from the original $3.1M listing, the property has faced challenges in aligning with current buyer valuation.
Built in 1948, the home's older structure may necessitate more frequent maintenance or additional capital investment compared to newer contemporary builds in the area.
Welcome to this fully renovated Mar Vista home tucked away on a quiet cul-de-sac, offering distant ocean views and a flexible, thoughtfully designed layout. Featuring 3 bedrooms and 3 bathrooms, the home showcases an updated kitchen with newer appliances, ample storage, a walk-in pantry, and seamless flow into the living and dining areas. Upper levels capture ocean views and offer exciting potential for a future elevator, with a potential elevator shaft location already identified leading to the lower level (buyer to verify). The home also features a unique hidden space behind a sliding bookshelf, offering potential for a wine cellar, tasting room, or additional storage. The landscaped backyard features a charming mini orchard and peaceful garden setting, perfect for relaxing or entertaining. A detached garage offers excellent ADU potential (buyer to verify), while the versatile lower level can be used as a gym, home office, wine cellar, storage area, hobby room, or additional living space. Ideally located near beaches, parks, dining, shopping, and Silicon Beach, this home combines ocean views, flexibility, and coastal convenience. Schedule your private tour today!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,530 | 2,079 | 68% |
| Lot Size | 7,868 | 5,614 | 91% |
| Price | $2.80M | $2.00M | 72% |
| Price per sq ft | $1.1K | $1.1K | 48% |
| Built year | 1948 | 1951 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 132 | 123 | 56% |
Apr 10, 2026
$2,800,000
$2,999,999
-7% Price Drop
Initial Listing
Mar 6, 2026
$2,999,999
$3,100,000
-3% Price Drop
Initial Listing
Feb 3, 2026
$3,100,000
Initial Listing