
Los Angeles, California 90024
This property presents a Strong Value Opportunity with a List Price of $650,000—positioned well below the $702,880 Fair Market Value by 7%. This valuation gap offers $52,880 in Instant Equity for buyers willing to address the Condition Rating of 5. Featuring a 1,377 sqft layout, dual balconies, and resort-style amenities like a pool and sauna, this unit is located near top-rated schools like Fairburn Avenue Elementary. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in Westwood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1300 Midvale Avenue 408 Subject | $650,000* List Price | 2 | 3 | 1,377 | $510 | - |
A 10933 Wellworth Avenue 18 Sold | $820,100 | 2 | 3 | 1,405 | $584 | 0.0 mi |
B 10633 Kinnard 20 Sold | $750,000 | 2 | 2 | 1,304 | $575 | 0.6 mi |
C 10551 Wilshire Boulevard 403 Sold | $690,000 | 2 | 3 | 1,505 | $458 | 0.7 mi |
D 10590 Wilshire Boulevard 504 Sold | $685,000 | 2 | 2 | 1,312 | $522 | 0.7 mi |
E 10535 Wilshire Blvd 1002 Sold | $620,000 | 2 | 2 | 1,073 | $578 | 0.8 mi |
F 969 Hilgard Avenue 1002 Sold | $585,000 | 2 | 1 | 958 | $611 | 0.4 mi |
G 1300 Midvale Avenue 408 Active Under Contract | $675,000 List Price | 2 | 3 | 1,377 | $490 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1968 and explicitly marketed as a 'fixer' needing TLC. The kitchen features dated cabinetry and a mix of aging appliances, while the parquet flooring shows significant wear and staining. Given the age and the listing's admission of condition, the unit requires a full interior rehabilitation.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated in one of Los Angeles' most desirable neighborhoods, this property offers exceptional proximity to UCLA, Westwood Village, and major transit corridors, making it highly attractive for professionals and investors alike.
The generous 1,377-square-foot floor plan features two private balconies and an oversized primary suite, providing a sense of scale and indoor-outdoor flow rarely found in urban condominiums.
Explicitly listed as a fixer needing 'TLC,' the unit requires immediate additional capital investment for renovations and upgrades to bring it to modern standards.
The association fee of $1,192 per month is substantial, which may impact buyer affordability and reduce the net yield for potential rental investors.
Stylish Westwood Condo with Expansive Balcony and Resort-Style Amenities!Experience comfort and convenience in this 2-bedroom, 2.5-bath residence located in the heart of Westwood, one of Los Angeles' most sought-after neighborhoods. This spacious 4th-floor unit is filled with natural light and offers a functional layout ideal for both everyday living and entertaining. The inviting living area flows seamlessly onto a large, private covered balcony, perfect for morning coffee or evening relaxation. The oversized primary suite features a private ensuite bathroom, dressing area, generous walk-in closet, and its own covered balcony retreat. Residents enjoy secure 2 tandem parking spaces in a gated garage, along with a community pool and spa, sun deck, fitness center, and sauna. Additional conveniences include a private storage, laundry room on every floor, secure entry, and an elegant lobby with elevators and mail center. Located just moments from UCLA, Westwood Village, trendy cafes, shopping, theaters, and easy access to the 405 freeway, this condo is ideal for first-time buyers, investors, or anyone seeking a stylish urban home in a prime LA location. This condo is a fixer and does need some TLC.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,377 | 1,243 |
| Lot Size | 30,629 | 24,016 |
| Price | $650.0K | $805.6K |
| Price per sq ft | $472 | $659 |
| Built year | 1968 | 1981 |
| HOA | $1192.0 | $684 |
| Days on market | 12 | 71 |
Jul 10, 2026
$650,000
Initial Listing
Feb 22, 2016
$633,000
Public Record