13443 Bayliss Road, Los Angeles, California 90049, Los Angeles, 90049 - 4 bed, 3 bath
ACTIVE$2,800,000$2,232/sqft
Est. Value: $2,522,219
-9%
AboveEstimate
13443 Bayliss Road, Los Angeles, California 90049
4Beds
3Baths
2,232Sqft
15,240Lot
Price Vs. Estimate
The estimated value ($2,522,219.375) is $277,780.625 (9%) lower than the list price ($2,800,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15240, living area = 2232.
Top Cons:
Requires Extensive Renovation/Redevelopment: Explicitly marketed as a 'remodel opportunity' for 'developers,' the existing 1965-built residence likely requires significant investment for updates, expansion, or a complete rebuild to meet modern luxury standards.
Compared to the nearby listings
Price:$2.80M vs avg $3.88M ($-1,075,000)17%
Size:2,232 sqft vs avg 3,127 sqft17%
Price/sqft:$1.3K vs avg $1.3K43%
More Insights
Built in 1965 (61 years old).
Condition: Built in 1965, this property is explicitly marketed as a 'remodel opportunity' for 'developers' and is described as requiring 'extensive renovation/redevelopment.' The listing indicates it is 'not move-in ready for most discerning buyers' and suggests options ranging from updating the existing home to designing a brand-new property. This strongly implies that the current condition of the kitchen, bathrooms, and other major components are outdated and require substantial repairs and rehabilitation to meet modern standards, aligning with the 'poor' condition criteria.
Year Built
1965
Close
-
List price
$2.8M
Original List price
$3.7M
Price/Sqft
$1,254
HOA
-
Days on market
-
Sold On
-
MLS number
25502337
Home ConditionPoor
Features
Good View: Park/Greenbelt, Hills
Patio
ViewPark/Greenbelt, Hills
About this home
Fantastic new price offering ! Developers ! Buyers wanting a remodel opportunity ! This residence has 4 bedrooms, 2.5 bathrooms, and a large living room that opens up to a lush, serene backyard. The possibilities are endless buyers can choose to update the existing home, expand with an addition, or even design a brand-new dream property tailored to their needs. Situated on a gorgeous 15,240 square-foot lot, with 12,000 flat pad allowing for pool and more! The property gently slopes up in the back, offering unmatched privacy and a tranquil atmosphere. This is your chance to create something truly special in one of the most sought-after neighborhoods.
M
Mark Douglas
Listing Agent
Nearby schools
5/10
Brentwood Science School
Public,•K-5•2.2mi
9/10
Franklin Elementary School
Public,•PK-5•2.5mi
5/10
Brockton Avenue Elementary School
Public,•K-5•3.0mi
7/10
Nora Sterry Elementary School
Public,•K-5•3.7mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.9mi
9/10
Warner Avenue Elementary School
Public,•K-5•3.9mi
9/10
Fairburn Avenue Elementary School
Public,•K-5•4.2mi
8/10
Lanai Road Elementary School
Public,•K-5•5.3mi
8/10
Lincoln Middle School
Public,•6-8•3.1mi
6/10
Gaspar De Portola Middle School
Public,•6-8•6.9mi
5/10
William Mulholland Middle School
Public,•6-8•8.1mi
6/10
University Senior High School
Public,•9-12•3.0mi
6/10
University Senior High School Charter
Public,•9-12•3.0mi
8/10
Santa Monica High School
Public,•9-12•4.4mi
6/10
Van Nuys Senior High School
Public,•9-12•8.5mi
Condition Rating
Poor
Built in 1965, this property is explicitly marketed as a 'remodel opportunity' for 'developers' and is described as requiring 'extensive renovation/redevelopment.' The listing indicates it is 'not move-in ready for most discerning buyers' and suggests options ranging from updating the existing home to designing a brand-new property. This strongly implies that the current condition of the kitchen, bathrooms, and other major components are outdated and require substantial repairs and rehabilitation to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15240, living area = 2232.
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Exceptional Development Potential: The property offers significant development potential on a generous 15,240 square-foot lot, including a 12,000 square-foot flat pad suitable for expansion, a pool, or even a brand-new custom-built residence.
Prime Location: Situated in Brentwood (MLS Area C06), one of Los Angeles's most sought-after neighborhoods, ensuring strong long-term value and desirability.
Large & Private Lot: The substantial lot size, with a gently sloping back, provides unmatched privacy and a tranquil atmosphere, a premium feature in this urban setting.
Significant Price Adjustment: A 'fantastic new price offering' with a substantial reduction from the original list price ($3.7M to $2.8M) presents a compelling investment opportunity for buyers willing to undertake a remodel or redevelopment.
Desirable Views: The property boasts pleasant Park/Greenbelt and Hills views, enhancing its aesthetic appeal and potential future value.
Cons
Requires Extensive Renovation/Redevelopment: Explicitly marketed as a 'remodel opportunity' for 'developers,' the existing 1965-built residence likely requires significant investment for updates, expansion, or a complete rebuild to meet modern luxury standards.
Immediate Capital Investment Needed: Buyers should anticipate substantial additional costs beyond the purchase price for necessary renovations or construction, as the property is not move-in ready for most discerning buyers.
Potential Overpricing Relative to Current State: Despite the price reduction, the current listing price of $2.8M is still above the estimated property value of $2.52M, suggesting it may be priced optimistically given its 'remodel opportunity' status and the required investment.