
Los Angeles, California 90066
This Hybrid Residential Asset represents a Strong Value Opportunity, listed at $899,000—positioned well below the $953,115 Fair Market Value by 5%. This valuation gap offers $54,115 in Instant Equity. Featuring a Condition Rating of 3, the home includes a renovated rear studio and R3 Zoning, providing significant long-term development potential. Located near top-rated schools and the Westside’s best amenities, this property balances immediate lifestyle appeal with financial upside. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, high-growth property.
Property is move-in ready.
Built in 1952 but well-maintained with significant recent updates. While the kitchen retains a retro feel, it features new appliances and stone counters. The main bathroom has been refreshed with a new vanity and fixtures, and the property includes modern mini-split HVAC units and a fully renovated, modern rear studio, making it move-in ready.
The property features a separate, light-filled studio with a kitchenette and modern bathroom, offering excellent flexibility for a home office, guest suite, or potential rental income.
Zoned R3 in a prime Westside location, this property presents a rare opportunity for future high-density development and significant long-term investment appreciation.
Perfectly positioned near Abbot Kinney, Erewhon, and top-rated schools, the home offers an enviable lifestyle with easy access to the beach and the best of Westside dining and shopping.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 982, other record living area = 742.
The 2,500-square-foot lot is notably small for the area, which may limit outdoor recreational space and traditional backyard utility.
With under 1,000 square feet of interior space, the home's footprint is quite modest, which could be a constraint for buyers seeking larger communal areas or growing families.
Welcome to the Star of Mar Vista! Perfectly positioned at the gateway to Mar Vista’s prestigious “Wood Streets”, this special gem offers vintage appeal in a sought-after neighborhood. This charming cottage has had the same owner for over 25 years and is filled with soul, warmth and joy! Step through the gate into an enchanting garden oasis, beautifully dotted with palms and sculptural succulents, with plenty of room to let your gardening dreams grow. Once inside, natural light pours into every room creating a bright and inviting atmosphere that feels like home from the moment you enter. A wonderful functional floorplan with a welcoming living room, a dedicated dining room and a kitchen that flows seamlessly into the heart of the home. Beautiful original wood flooring adds warmth, character and timeless charm throughout the home. Down the hallway are two generously sized bedrooms, with good size closets - both offering cozy inviting retreats. An incredible styled bathroom that blends fresh updates with cottage character and features a gorgeous new vanity and medicine cabinet, new lighting and bathroom fixtures and a classic shower/tub combo for everyday functionality. The kitchen brings a playful retro touch with a new vintage-inspired refrigerator and stove, while the spacious laundry room offers endless possibilities. Another shining star is the separate studio in the back. Featuring a beautiful skylight and tons of natural light this versatile space feels bright, airy and inviting. It also includes a fresh, modern bathroom and convenient kitchenette- perfect for guests, a home office, a creative retreat or a private flex space. The gated patio or parking area offers added convenience and versatility complemented by plenty of additional street parking for guests and everyday ease. A separate side storage area provides extra space for all your essentials. This location is hard to beat! Enjoy access to top-rated Mar Vista schools, the beach just minutes away, the vibrant energy of Abbot Kinney and a stone's throw to Erewhon. Beloved local eateries and boutique shops nearby put the best of the Westside right outside your door! An added bonus: This property is zoned R3 presenting exciting possibilities for future development and long-term investment ~Welcome Home~
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 982 | 1,670.836 |
| Lot Size | 2,500 | 6,152.156 |
| Price | $899.0K | $1.34M |
| Price per sq ft | $915 | $807 |
| Built year | 1952 | 1941 |
| HOA | $0 | $238 |
| Days on market | 19 | 56 |
Oct 21, 2026
$899,000
Initial Listing
Apr 25, 2000
$190,000
Public Record
Nov 23, 1994
$102,000
Public Record