
Los Angeles, California 90024
This property presents a High-Potential Investment Opportunity with a List Price of $1,888,000—positioned well below the $1,929,487 Fair Market Value by 2%. This valuation gap offers $41,487 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a comprehensive renovation, yet the 7,095 sqft lot and ADU Development Potential provide significant upside. Located near top-rated schools like Fairburn and Warner, this is a Fix-and-Flip Investor or Contractor project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1569 Midvale Avenue Subject | $1,888,000* List Price | 3 | 2 | 2,000 | $965 | - |
A 10626 Ohio Avenue Active | $1,895,000 List Price | 2 | 2 | 1,576 | $1,202 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1935 and unrenovated for over 50 years, this property is a major fixer-upper. The kitchen is severely dated and missing appliances, ceilings show significant water damage, and the overall interior requires a complete rehab of all systems and finishes to be move-in ready.
Situated in a highly coveted neighborhood near UCLA, Brentwood, and Beverly Hills, offering access to top-rated schools like Fairburn and Warner.
The large 7,095 sqft lot includes a detached two-car garage and a long driveway, providing an excellent opportunity for an Accessory Dwelling Unit (ADU) conversion.
The home features original hardwood floors and a spacious 2,000 sqft single-story floor plan, providing a solid foundation for a custom renovation.
The property is being marketed as needing 'tender loving care,' suggesting substantial capital investment is required to modernize the 1935 structure.
Being on the market for the first time in over 50 years, the home likely requires extensive updates to major systems and finishes to meet modern standards.
Fantastic Opportunity in Coveted Westwood area!! Location! Location! Location! First time on the market in over 50 years! this wonderful single story home offers an exceptional opportunity in the highly desirable Westwood neighborhood! Featuring approx. 2,000 sq. ft. of living space, the home offers 3 bedrooms, 2 bathrooms privately situated. Lot size is almost 7,100 sqft. The spacious floor plan includes a welcoming living room, separate family room and a Primary en-suite bedroom, beautiful original hardwood floors adds the warmth and character throughout. A long driveway provides parking for 5+ parking vehicles plus a detached 2- car garage offering excellent potential for ADU conversion subject to applicable approval. Nestled on the quiet, beautiful residential street surrounded by attractive homes, this property is ready for tender loving care and thoughtful renovation. Restore the charm to create your dream home in one of the Westwood sought-after locations. conveniently located near Westwood Villages shops and restaurants, UCLA, Brentwood and Beverly Hills with access to Fairburn school and Warner school.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,000 | 1,664.159 |
| Lot Size | 7,095 | 6,066.556 |
| Price | $1.89M | $1.35M |
| Price per sq ft | $944 | $806 |
| Built year | 1935 | 1939 |
| HOA | $0 | $278 |
| Days on market | 13 | 55 |
Aug 27, 2026
$1,888,000
Initial Listing