12479 Walsh Avenue, Los Angeles, California 90066, Los Angeles, 90066 - 6 bed, 6 bath
12479 Walsh Avenue
Los Angeles, California 90066
Property Price
SUMMARY
Analysis of 12479 Walsh Avenue, Los Angeles, California 90066 reveals a Fairly Priced Property with a current list price of $2,150,000 aligned with the estimated $2,150,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12479 Walsh Avenue Subject | $2,150,000* List Price | 6 | 6 | 2,740 | $785 | - |
A 12516 Rosy Circle Sold | $1,700,000 | 4 | 3 | 2,038 | $834 | 0.5 mi |
B 12516 Rubens Avenue Pending | $2,347,000 List Price | 4 | 4 | 2,406 | $975 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1914, has undergone renovations, but the style of the kitchen (green cabinets, busy granite, archway) and bathrooms (gold-framed shower doors, dated light fixtures, older tile patterns) suggests these updates were likely completed 15-30 years ago. While the home appears well-maintained with newer laminate flooring and stainless steel appliances, many elements are outdated and would require minor updates to meet current aesthetic standards. The presence of popcorn ceilings further supports this assessment.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Farragut Elementary School (9/10).
- Exceptional Coastal Location
Prime positioning in Marina del Rey, offering convenient access to beaches, Playa Vista, Culver City, dining, shopping, and major freeways, ideal for coastal living.
- Income/Flexibility with Detached Guest House
A separate bungalow with its own kitchen and bath provides significant value for guests, a home office, or potential rental income, enhancing property utility.
CONSRISKS & DEFICIENCIES
- Historic Property Age
Built in 1914, the home's age may imply potential for older infrastructure (plumbing, electrical, HVAC) that could require future updates or maintenance not explicitly detailed.
- Proximity to Lower-Rated Middle School
Located very close to Marina Del Rey Middle School, which has a low rating (2), potentially impacting appeal for families prioritizing top-tier public education.
- Recent Price Adjustment & Valuation Discrepancy
A recent price reduction from $2.35M to $2.15M, coupled with an estimated value slightly below the current list price, suggests potential market resistance or a need for further negotiation.
About 12479 Walsh Avenue
Located in Marina del Rey, this two-story traditional home offers over 2,700 sq. ft. of comfortable living space on a 4,891 sqft lot. The main house includes 6 bedrooms and 6 bathrooms, with the flexibility of a primary suite on either level. A detached guest house/original bungalow with its own kitchen and bath, provides extra space for guests, an office, or a rental opportunity. The home features a bright, open floor plan with a welcoming family room, adjoining dining area, and a kitchen equipped with custom cabinetry and stainless-steel appliances. The lower level also includes two bedrooms and three baths, while the upper level offers four bedrooms and three baths, allowing for a variety of uses such as a home office, gym, or upstairs family room. Outside, the spacious backyard offers plenty of room to relax or entertain. Conveniently located near the beach, Playa Vista, Marina del Rey, and Culver City, with easy access to restaurants, shopping, and major freewaysperfect for easy coastal living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1914
- Lot Size
- 4,893 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Short Avenue Elementary School
Grades K-6 • 0.5 mi
Braddock Drive Elementary School
Grades K-5 • 0.5 mi
Stoner Avenue Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 95% |
| Baths | 6.0 | 3.0 | 88% |
| Square foot | 2,740 | 1,836.5 | 71% |
| Lot Size | 4,893 | 5,742.5 | 17% |
| Price | $2.15M | $2.10M | 52% |
| Price per sq ft | $785 | $1.2K | 11% |
| Built year | 1914 | 1952 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 150 | 174 | 37% |
Pricing History
Listed for Sale
Nov 9, 2025
$2,150,000
$2,350,000
-9% Price Drop
Initial Listing
Price Change
Oct 7, 2025
$2,350,000
Initial Listing
Sold
May 9, 2022
$1,825,000
Public Record
Sold
Aug 8, 2017
$1,250,000
Public Record
Sold
Nov 29, 2012
$27,000
Public Record