
Los Angeles, California 90035
This Classic Spanish Residence is a Strong Value Opportunity, listed at $1,199,000—positioned well below the $1,247,000 Fair Market Value by 3%. This valuation gap provides $48,000 in Instant Equity. While maintaining a Condition Rating of 4 with original wood-beamed ceilings and a private patio, the property offers significant upside through interior updates or multi-unit development on the R3 Zoned Lot. Located near Beverly Hills High School, it balances architectural charm with investment logic. This is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1422 Cardiff Avenue Subject | $1,199,000* List Price | 2 | 2 | 1,249 | $998 | - |
A 1422 Cardiff Avenue Active | $1,399,000 List Price | 2 | 2 | 1,249 | $1,120 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1936 Spanish home with charming original features like wood-beamed ceilings and hardwood floors. However, the kitchen and bathrooms are significantly outdated, featuring older tile countertops, aged cabinetry, and vintage appliances. The listing explicitly identifies the main bathroom as an opportunity for renovation, and the overall interior systems, while functional, show signs of being several decades old without recent comprehensive updates.
High School: Beverly Hills High School (9/10).
Situated in the highly desirable Beverlywood adjacent area, this property offers exceptional walkability to Pico Boulevard's shops, restaurants, and houses of worship, while remaining just blocks from Beverly Hills.
The property is situated on an R3 (Multiple Dwelling Zone) lot, providing significant long-term investment value and the rare opportunity for future multi-unit development in a high-demand central location.
The property is positioned as an opportunity to personalize and specifically identifies the oversized main bathroom as needing a custom renovation, suggesting immediate capital expenditure may be necessary.
With a lot size of only 3,360 square feet, the outdoor space and footprint are relatively compact, which may limit buyers looking for a large yard or significant single-family expansion.
Beverlywood Adj classic Spanish home offering hardwood floors, charm, and a sweet private backyard with a mature lemon tree. This 2 BD | 1.5 BA residence showcases wood-beamed ceilings, arched walkways, and a character-filled living room with fireplace (fire is AI generated). A formal dining room sits just off the kitchen, creating an easy flow for everyday living and entertaining. One of the two spacious bedrooms includes a convenient half bath which is ideal for guests or perfectly suited as a private home office. The oversized main bathroom features a separate tub and shower with generous square footage, presenting an excellent opportunity for a custom renovation. A second rear entrance off the kitchen provides direct access to the driveway and detached garage with washer & dryer, adding everyday convenience. A rare opportunity to own a charming Spanish with room to personalize in a prime, central Westside location that's only a few blocks from Beverly Hills and within walking distance to Pico shops, restaurants, and houses of worship. Zone R3 (Multiple Dwelling Zone)
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 29% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,249 | 2,045.5 | 14% |
| Lot Size | 3,360 | 6,401.5 | 7% |
| Price | $1.20M | $2.21M | 7% |
| Price per sq ft | $960 | $1.1K | 32% |
| Built year | 1936 | 1935 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 167 | 4% |
Apr 14, 2026
$1,199,000
Initial Listing