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12413 Westminster Avenue, Los Angeles, California 90066, Los Angeles, 90066 - 6 bed, 5 bath

12413 Westminster Avenue, Los Angeles, California 90066 home-pic-0
ACTIVE$2,439,000
12413 Westminster Avenue, Los Angeles, California 90066
6Beds
5Baths
3,548Sqft
6,752Lot
Year Built
1940
Close
-
List price
$2.44M
Original List price
$2.45M
Price/Sqft
$687
HOA
-
Days on market
-
Sold On
-
MLS number
SR25072942
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $2.44M(67th), sqft - 3548(67th), beds - 6(67th), baths - 5(67th).

Rare opportunity to own two legal houses on one lot in desirable Mar Vista neighborhood! The lowest price per sq ft in the area! The front home is a cozy single story 3 Br, 2.5 Ba, 1,222 sq ft home. The home is highlighted by wood floors, modern kitchen and bathrooms, smooth ceilings and central HVAC system. It features two private patios on the front and the rear of the house. Upon entering through the side gate at the front of the property, a long driveway leads you towards the rear, revealing a 2-story residence that was built in 2000 with 2,326 sq ft of spacious floorplan. Boasting 3 bedrooms, 2.5 bathrooms, and an attached 2-car garage. This home exudes elegance with its hardwood floors, graceful arched walkways, intricate moldings, and abundant character. Enjoy the warmth of two delightful fireplaces located in the primary bedroom and living area. There are 3 Brs and 2 Bas upstairs and a well-appointed kitchen, dining space, family room, and office area on the main level. Step outside and find your own serene retreat—a charming rear patio oasis perfect for soaking up the sun, enjoying a peaceful morning coffee, or hosting intimate gatherings. Property is Zoned R1.5 offering a potential for red-development. Buyer to perform your own due diligence with the city to comprehend the regulations and zoning restrictions applicable to the property.

Nearby schools

8/10
Mar Vista Elementary School
Public,•K-5•0.5mi
7/10
Beethoven Street Elementary School
Public,•K-5•0.6mi
6/10
Grand View Boulevard Elementary School
Public,•K-5•0.8mi
4/10
Walgrove Avenue Elementary School
Public,•K-5•0.9mi
4/10
Charnock Road Elementary School
Public,•K-6•1.2mi
6/10
Richland Avenue Elementary School
Public,•K-6•1.4mi
8/10
Clover Avenue Elementary School
Public,•K-5•1.4mi
8/10
Grant Elementary School
Public,•PK-5•1.6mi
6/10
La Ballona Elementary School
Public,•K-5•1.7mi
6/10
John Adams Middle School
Public,•6-8•1.8mi
7/10
Culver City Middle School
Public,•6-8•2.1mi
6/10
Venice Senior High School
Public,•9-12•0.8mi
8/10
Culver City High School
Public,•9-12•2.1mi
8/10
Santa Monica High School
Public,•9-12•2.7mi
6/10
University Senior High School
Public,•9-12•2.8mi

Price History

Date
Event
Price
09/16/22
Sold
$725,000
Condition Rating
Good
This property features two distinct homes, both presenting in excellent, move-in ready condition. The rear house, built in 2000, is well-maintained with high-quality finishes, including hardwood floors and a well-appointed, modern kitchen and bathrooms as seen in the images. The front house, built in 1940, has been extensively updated with 'modern kitchen and bathrooms, smooth ceilings and central HVAC system,' which are significant improvements. Both kitchens feature contemporary cabinetry, stainless steel appliances, and recessed lighting. Bathrooms are updated with modern vanities and tiling. While the 2000 build is slightly outside the 10-20 year range for a 'Good' score without explicit recent renovation, the overall condition, modern aesthetics, and significant updates to the older home collectively place this property firmly in the 'Good' category, indicating no immediate renovations are required.
Pros & Cons

Pros

Dual Legal Residences: The property features two legal houses on one lot, offering exceptional flexibility for multi-generational living, rental income, or a live-work arrangement.
Desirable Location: Located in the highly sought-after Mar Vista neighborhood of Los Angeles, ensuring strong demand and potential for appreciation.
Redevelopment Potential: Zoned R1.5, the property offers significant potential for future redevelopment or expansion, adding long-term investment value.
Modernized & Newer Construction: Includes a recently built (2000) rear home with elegant finishes and a modernized (1940) front home featuring updated kitchens, bathrooms, and central HVAC.
Competitive Pricing: Advertised as having the 'lowest price per sq ft in the area,' presenting an attractive value proposition for potential buyers.

Cons

Age Disparity & Potential Maintenance: The front house, built in 1940, despite updates, may still present older infrastructure or require more ongoing maintenance compared to newer constructions.
Complex Redevelopment Due Diligence: While R1.5 zoning is a strength, the explicit need for buyers to perform their own extensive due diligence on zoning regulations could be a perceived hurdle or risk.
Limited Single-Family Appeal: The configuration of two separate homes might not appeal to buyers specifically seeking a single, large, cohesive family residence, potentially narrowing the buyer pool.

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