
Los Angeles, California 90066
This Dual-Dwelling Craftsman Compound represents a Strong Value Opportunity, listed at $3,995,000—positioned slightly above the $3,959,094 Fair Market Value. Featuring a 2006 construction with an Excellent Condition Rating, this property offers 4,425 sqft of living space across two permitted homes. With gourmet kitchens, dual-zone HVAC, and private courtyards, it provides exceptional versatility for multi-generational living or rental income. Located near top-rated schools like Santa Monica High, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1513 Walgrove Avenue Subject 7 bd · 4 ba · 4,425 sqft · $895 | $3,995,000* List Price | 7 | 4 | 4,425 | $895 | - |
A 3364 Redwood Avenue Sold 5 bd · 5 ba · 4,134 sqft · $871 · 0.1 mi | $3,600,000 | 5 | 5 | 4,134 | $871 | 0.1 mi |
B 3611 Meier Street Sold 5 bd · 5 ba · 3,721 sqft · $1,161 · 0.6 mi | $4,320,000 | 5 | 5 | 3,721 | $1,161 | 0.6 mi |
C 3218 Maplewood Avenue Sold 5 bd · 5 ba · 3,660 sqft · $1,093 · 0.3 mi | $4,000,000 | 5 | 5 | 3,660 | $1,093 | 0.3 mi |
D 3621 Greenwood Avenue Sold 5 bd · 5 ba · 3,435 sqft · $1,107 · 0.5 mi | $3,802,000 | 5 | 5 | 3,435 | $1,107 | 0.5 mi |
E 3621 Moore Street Active 5 bd · 7 ba · 4,355 sqft · $1,078 · 0.6 mi | $4,695,000 List Price | 5 | 7 | 4,355 | $1,078 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 20-year-old property is well-maintained and move-in ready. It features high-end gourmet kitchens with Viking stainless steel appliances, custom Craftsman wood detailing, and modern systems including three tankless water heaters and dual-zone HVAC.
The property features two fully permitted, separate Craftsman houses totaling 4,425 square feet, providing exceptional flexibility for multi-generational living or significant rental income potential.
Designed by Michael J Kent, AIA, the homes boast custom Craftsman details paired with high-end modern infrastructure, including dual-zone AC, fiber optic cabling, and gourmet kitchens with stainless steel appliances.
Priced at $902 per square foot in a prime Santa Monica-adjacent neighborhood, this property offers significant value and scale compared to smaller single-family residences in the immediate area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4425, other record living area = 2935. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 5.
With two large structures occupying a 6,024 square foot lot, the property lacks a traditional expansive backyard, relying instead on smaller private courtyards which may not suit buyers seeking large green spaces.
While the property provides three onsite parking spaces, the seven-bedroom total capacity across two units may lead to parking congestion for larger households or guests in this dense residential pocket.
Beautiful Authentic Front and Back Craftsman Houses located in Santa Monica Adjacent neighborhood. Designed and built by Michael J Kent, AIA, the 2946 SF Front House has five Bedrooms and three full tiled Baths. The Living, Dining, and Family rooms all have detailed wood floors. The 1281 SF Back House has two large Bedrooms, One full Bath, Living-Dining-Kitchen space, and both structures have separate Laundry Rooms. Other features include Custom Craftsman details, 3-car onsite Parking Spaces, Fiber Optic Cable, Wired for Sound and Security Systems, Stainless Steel Appliances, Gourmet Kitchens, Wood Floors, Ceiling Fans, 3 Tankless Water Heaters, Dual Zone AC and Heat, and Private Courtyards. Both LADBS approved permitted structures are LAHD registered. Walking distance to Walgrove Elementary and Mark Twain Middle School, and 4 blocks to Penmar Golf and Tennis Courts. With a combined permitted square footage of 4425 this is priced at only $902 per SF.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.7 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 4,425 | 1,670.836 |
| Lot Size | 6,024 | 6,152.156 |
| Price | $4.00M | $1.34M |
| Price per sq ft | $903 | $807 |
| Built year | 2006 | 1941 |
| HOA | $0 | $238 |
| Days on market | 28 | 56 |
Oct 12, 2026
$3,995,000
Initial Listing
Aug 9, 2005
$725,000
Public Record