12438 Short Avenue 4, Los Angeles, California 90066, Los Angeles, 90066 - 2 bed, 4 bath
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Los Angeles, California 90066
This property presents a High-Potential Investment Opportunity with a List Price of $879,000—positioned above the $772,254 Fair Market Value. While the property requires a full interior rehab due to its Condition Rating of 5, the inclusion of a separate guest unit with a private meter provides significant rental income potential. Featuring a private rooftop with panoramic views, this asset is ideal for Buy-and-Hold Investors or Contractors looking to capitalize on the Del Rey neighborhood's demand and proximity to top-rated schools like Farragut Elementary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12438 Short Avenue 4 Subject | $879,000* List Price | 2 | 4 | 1,963 | $393 | - |
A 4924 Mcconnell Avenue Sold | $900,000 | 3 | 3 | 1,858 | $484 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 and marketed as a 'blank canvas' with 'tremendous upside,' this property is in mostly original condition. Interior photos reveal dated green carpeting, popcorn ceilings, and an aging kitchen/living setup that requires a full rehab. While some flooring has been updated, the core systems, kitchen, and bathrooms appear to be over 30 years old without significant recent renovation.
Elementary School: Farragut Elementary School (9/10).
The property includes a separate guest unit with its own private entrance and meter, offering excellent opportunities for rental income, a home office, or multi-generational living.
Featuring soaring ceilings and nearly 2,000 square feet of living space, the unit includes a rare private rooftop and patio with panoramic views, perfect for entertaining.
Described as a 'blank canvas' with 'tremendous upside,' the property likely requires a significant capital investment to modernize and repair the interior spaces.
Built in 1977, the property may have dated systems and finishes that do not meet modern energy efficiency standards or contemporary aesthetic preferences.
Rare opportunity in the sought-after Del Rey neighborhood! This unique property offers incredible potential for a buyer looking to create their ideal income or living space. Featuring a spacious main residence with 2 bedrooms and a flexible loft area that can be transformed into a home office, guest room, creative studio, or additional bedroom, the possibilities are endless.The property also includes a separate guest unit with its own private entrance and meter. Providing excellent income-producing potential, multigenerational living options, or private accommodations for guests. Soaring ceilings and expansive living areas provide a blank canvas ready for your personal vision and design touches. A standout feature is the private rooftop and patio, where panoramic views create the perfect backdrop for future outdoor entertaining, dining or relaxation. Situated within a small building community with low HOA dues, this property offers both privacy and convenience. Ideally located near Culver city, Westside beaches, shopping, dining and everything the Westside has to offer. This is a rare chance to invest in a property with tremendous upside and make it truly your own!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 4.0 | 2.0 | 91% |
| Square foot | 1,963 | 1,210 | 91% |
| Lot Size | 4,000 | 14,840 | 13% |
| Price | $879.0K | $770.0K | 70% |
| Price per sq ft | $448 | $662 | 4% |
| Built year | 1977 | 1980 | 39% |
| HOA | $370.0 | $500 | 17% |
| Days on market | 8 | 145 | 4% |
May 29, 2026
$879,000
Initial Listing