12498 Rubens Avenue, Los Angeles, California 90066, Los Angeles, 90066 - 3 bed, 1 bath
Loading property details...
12498 Rubens Avenue
Los Angeles, California 90066
ACTIVE
CONDITION: POOR
3Beds
1Baths
1,088Sq Ft
5,002Lot Size
Property Price
LIST PRICE$1,500,000
EST. MARKET VALUE
$1,456,175
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,500,000—positioned slightly above the $1,456,176 Fair Market Value by 3%. While the property requires a full renovation given its Condition Rating of 5, the 5,000-square-foot lot in the desirable Del Rey neighborhood offers significant upside for expansion. Proximity to top-rated schools like Farragut Elementary (9/10) adds long-term value. This asset is ideal for Fix-and-Flip Investors or Owner-Occupants looking to execute a custom renovation in a prime Westside location.
Estimated Market Value
$1,456,175
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12498 Rubens Avenue Subject 3 bd · 1 ba · 1,088 sqft · $1,338 | $1,500,000* List Price | 3 | 1 | 1,088 | $1,338 | - |
A 12606 Bonaparte Avenue Sold 3 bd · 2 ba · 1,129 sqft · $1,329 · 0.2 mi | $1,500,000 | 3 | 2 | 1,129 | $1,329 | 0.2 mi |
B 12841 Bonaparte Avenue Sold 3 bd · 1 ba · 1,140 sqft · $1,364 · 0.3 mi | $1,555,000 | 3 | 1 | 1,140 | $1,364 | 0.3 mi |
C 12923 Gilmore Avenue Sold 3 bd · 1 ba · 936 sqft · $1,389 · 0.5 mi | $1,300,000 | 3 | 1 | 936 | $1,389 | 0.5 mi |
D 4260 Mcconnell Boulevard Sold 2 bd · 1 ba · 936 sqft · $1,576 · 0.6 mi | $1,475,000 | 2 | 1 | 936 | $1,576 | 0.6 mi |
E 4176 Mildred Avenue Sold 3 bd · 1 ba · 1,204 sqft · $1,225 · 0.6 mi | $1,475,000 | 3 | 1 | 1,204 | $1,225 | 0.6 mi |
F 12827 Walsh Avenue Active 3 bd · 2 ba · 1,152 sqft · $1,211 · 0.3 mi | $1,395,000 List Price | 3 | 2 | 1,152 | $1,211 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1952 and retaining its 'original character,' the property is over 70 years old with no evidence of recent renovations. Interior photos show dated wood paneling and 1970s-style linoleum flooring, and the listing explicitly suggests the home is ready to 'renovate, expand, or reimagine,' indicating a need for a full rehab of the kitchen, bath, and likely aging systems.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Farragut Elementary School (9/10).
- Prime Westside Location
Situated in the highly desirable Del Rey neighborhood, the property offers exceptional proximity to Silicon Beach hubs like Playa Vista, Marina del Rey, and Venice Beach.
- Significant Value-Add Potential
With a 5,000-square-foot lot and a 'ready to renovate' status, this property presents a rare opportunity for expansion or a complete reimagining to build substantial equity in a high-demand area.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
The current configuration of three bedrooms served by only one bathroom is a functional drawback for modern families and may necessitate a costly layout reconfiguration.
- Immediate Renovation Requirement
The property is positioned as a fixer-upper, meaning buyers must budget for significant additional capital investment beyond the $1.5M purchase price to modernize the living space.
About 12498 Rubens Avenue
A rare opportunity in the highly desirable Del Rey neighborhood! This charming 1950s Mid-Century Ranch features three bedrooms and one bathroom across approximately 1,088 square feet, situated on a 5,000-square-foot lot surrounded by beautiful Hawaiian and mature fruit trees. Rich in original character and offering exceptional potential, the property is ready to renovate, expand, or reimagine into your ideal Westside residence. Ideally located near Marina del Rey, Playa Vista, Venice, Culver City, shopping, dining, and the coast.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 5,002 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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
6/10
Braddock Drive Elementary School
Grades K-5 • 0.5 mi
5/10
Stoner Avenue Elementary School
Grades K-5 • 0.8 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,088 | 1,670.836 |
| Lot Size | 5,002 | 6,152.156 |
| Price | $1.50M | $1.34M |
| Price per sq ft | $1.4K | $807 |
| Built year | 1952 | 1941 |
| HOA | $0 | $238 |
| Days on market | 34 | 56 |
Pricing History
Listed for Sale
Oct 6, 2026
$1,500,000
Initial Listing