
Los Angeles, California 90048
This property presents a High-Potential Investment Opportunity with a List Price of $1,095,000—positioned well above the $949,111 Fair Market Value by 15%. While the current pricing reflects a premium, the 1,862 square foot floor plan and top-floor corner location offer significant value-add potential. With a Condition Rating of 5, the unit requires a full modernization to reach its peak market potential. Located near West Hollywood Elementary and Beverly Hills High, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a renovation project in a prime neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 126 N Croft Avenue 301 Subject 2 bd · 3 ba · 1,862 sqft · $510 | $1,095,000* List Price | 2 | 3 | 1,862 | $510 | - |
A 8568 Burton Way 206 Sold 2 bd · 2 ba · 1,786 sqft · $476 · 0.4 mi | $850,000 | 2 | 2 | 1,786 | $476 | 0.4 mi |
B 8427 W. 4th St Sold 3 bd · 3 ba · 2,109 sqft · $503 · 0.3 mi | $1,060,000 | 3 | 3 | 2,109 | $503 | 0.3 mi |
C 128 N Swall Drive 304 Active 2 bd · 3 ba · 1,703 sqft · $622 · 0.7 mi | $1,060,000 List Price | 2 | 3 | 1,703 | $622 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1983 and appearing mostly original, this property exceeds the 30-year threshold for major systems and finishes. The listing description explicitly calls for the home to be 'reimagined,' signaling a need for a full rehab. Images show dated parquet flooring, 1980s-style cabinetry, and fluorescent lighting that require significant modernization.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated as a top-floor corner residence in an intimate six-unit boutique building, this property offers superior privacy and a highly coveted location in the heart of Beverly Grove.
Boasting 1,862 square feet, this two-bedroom unit provides a significantly larger footprint than standard condominiums in the area, offering excellent scale and potential for a grand open-concept layout.
The property is marketed as a 'reimagining' opportunity, indicating that the interior likely requires a full cosmetic or structural overhaul to meet modern luxury standards.
The $750 monthly association fee is relatively high for a small building with limited amenities, which may deter budget-conscious buyers or investors looking for higher cap rates.
Opportunity awaits in the heart of Beverly Grove. Situated on the top floor of an intimate six-unit building, this desirable corner residence offers privacy, security, and incredible potential for its next owner. Soaring 9-foot ceilings create an open and airy atmosphere, while expansive views stretch across the city, including a coveted glimpse of the iconic Hollywood Sign. Ready to be reimagined, the home presents a rare opportunity to create a personalized living space in one of Los Angeles' most sought-after neighborhoods. Additional highlights include the convenience of an in-unit washer and dryer, two side-by-side parking spaces, dedicated garage storage, and a secure, boutique residential setting. Ideally located near some of the city's best shopping, dining, and entertainment, this is a chance to transform a well-positioned property into something truly special. Bring your vision and make it your own.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,862 | 1,252.996 |
| Lot Size | 7,508 | 26,029.603 |
| Price | $1.09M | $778.5K |
| Price per sq ft | $588 | $629 |
| Built year | 1983 | 1981 |
| HOA | $750.0 | $676 |
| Days on market | 7 | 74 |
Nov 2, 2026
$1,095,000
Initial Listing