
Los Angeles, California 90066
This property presents a High-Potential Investment Opportunity with a List Price of $1,799,000—positioned well below the $1,811,413 Fair Market Value by 0.69%. This valuation gap offers $12,413 in Instant Equity. Featuring a Condition Rating of 5, the home requires a full renovation to modernize its 1950s layout. Located in a prime Mar Vista neighborhood with access to Top-Rated Schools like Mar Vista Elementary, this is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to maximize value through restoration.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12612 Stanwood Place Subject | $1,799,000* List Price | 3 | 1 | 1,129 | $1,604 | - |
A 3360 Halderman Sold | $2,100,000 | 3 | 2 | 1,223 | $1,717 | 0.2 mi |
B 12807 Indianapolis Sold | $2,265,000 | 3 | 2 | 1,099 | $2,061 | 0.3 mi |
C 12719 Rose Avenue Sold | $1,885,000 | 3 | 1 | 1,148 | $1,642 | 0.2 mi |
D 3335 Cabrillo Boulevard Sold | $1,930,000 | 2 | 1 | 1,005 | $1,920 | 0.2 mi |
E 3505 Redwood Avenue Sold | $1,435,000 | 3 | 1 | 1,008 | $1,424 | 0.8 mi |
F 3490 Federal Avenue Sold | $2,100,000 | 3 | 1 | 1,280 | $1,641 | 0.9 mi |
G 3752 Maplewood Avenue Sold | $1,600,000 | 2 | 1 | 1,000 | $1,600 | 0.9 mi |
H 12320 Stanwood Drive Sold | $1,775,000 | 4 | 2 | 1,533 | $1,158 | 0.2 mi |
I 12018 Clover Avenue Active | $1,650,000 List Price | 3 | 2 | 1,212 | $1,361 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 and explicitly marketed as a 'fixer,' this property is over 70 years old with no significant renovations noted. The presence of portable AC units indicates a lack of modern central HVAC, and the interior finishes, including the kitchen and single bathroom, are dated and require a complete rehab to meet modern standards.
Situated on a quiet, tree-lined street in Mar Vista, this property offers exceptional proximity to Silicon Beach, Venice, and Santa Monica, surrounded by multi-million-dollar homes.
As a classic fixer with a detached 2-car garage and a spacious backyard, there is tremendous opportunity for investors or builders to renovate, expand, or develop an ADU.
The property is served by highly-regarded institutions including Mar Vista Elementary and Grant Elementary, both of which carry a strong rating of 8.
The home is in 'fixer' condition, meaning buyers must budget for significant capital improvements to restore the 1950s structure to modern living standards.
With three bedrooms but only one bathroom, the current floor plan lacks the functional balance typically expected by modern families at this price point.
MAR VISTA FIXER WITH EXCEPTIONAL WESTSIDE LOCATION! Situated on a quiet, tree-lined street in one of the most desirable coastal communities on the Westside, this charming 1950s cottage presents an exciting opportunity for investors, builders, or buyers looking to restore and embrace its original character. Surrounded by multi-million-dollar homes, this property offers tremendous potential in a highly sought-after neighborhood. Just under 1,200 square feet, the home features three generously sized bedrooms and one bathroom, with a functional layout ready for renovation and personalization. The spacious backyard includes a mature avocado tree and a detached 2-car garage, providing valuable parking, storage, and potential for future improvements. Enjoy an unbeatable location with close proximity to Venice, Santa Monica, Silicon Beach, and Culver City, along with an array of popular dining, shopping, entertainment, and outdoor amenities. Whether you're looking for your next investment, a development opportunity, or a chance to bring new life to a classic Mar Vista cottage, this property is full of possibilities.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,129 | 1,664.159 |
| Lot Size | 5,130 | 6,066.556 |
| Price | $1.80M | $1.35M |
| Price per sq ft | $1.6K | $806 |
| Built year | 1950 | 1939 |
| HOA | $0 | $278 |
| Days on market | 13 | 55 |
Aug 27, 2026
$1,799,000
Initial Listing