1617 Reeves Street, Los Angeles, California 90035, Los Angeles, 90035 - 3 bed, 2 bath
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Los Angeles, California 90035
This Substantial Beverlywood Residence is a Strong Value Opportunity, listed at $2,549,000—positioned well below the $2,677,226 Fair Market Value by 4%. This valuation gap delivers $128,226 in Instant Equity for buyers. While currently in Dated Condition, the 2,389 sq ft interior and 6,620 sq ft lot offer a Park/Greenbelt View and an exceptional 91 Walkscore. Located near Top-Rated Schools like Canfield Avenue Elementary, the property holds significant development potential for a custom luxury build. It is an ideal acquisition for Developers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1617 Reeves Street Subject | $2,549,000* List Price | 3 | 2 | 2,389 | $1,121 | - |
A 1446 S Oakhurst Drive Sold | $2,250,000 | 4 | 2 | 2,030 | $1,108 | 0.4 mi |
B 9142 Monte Mar Drive Sold | $2,800,000 | 4 | 3 | 2,315 | $1,210 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this property is well-maintained but shows significant signs of age and outdated styling. While the kitchen has been updated in the past with high-gloss cabinetry and stainless steel appliances, the overall aesthetic is dated. The listing description explicitly markets the property as a candidate for 'updating, reimagining, or building new,' and images show wear on original features like the built-in bar. It is functional and livable but requires modernization to meet current luxury standards for the area.
Situated in one of the Westside's most coveted neighborhoods, this property offers a prestigious address with access to private security, tree-lined streets, and the exclusive Circle Park.
Boasting a walkscore of 91, the residence is perfectly positioned for easy access to high-end shopping, diverse dining, and convenient transportation along the Pico and Robertson corridors.
With a substantial 2,389 square foot interior on a 6,620 square foot lot, the property serves as an ideal canvas for a major renovation, reimagining, or a complete new build in a high-value area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1948 and marketed for its 'long-term potential,' the home likely requires significant updating or a full remodel to meet modern luxury standards, adding to the total investment cost.
The association dues of approximately $879 are relatively high for a single-family residence, which may be a consideration for buyers sensitive to ongoing carrying costs.
Situated in the heart of highly coveted Beverlywood, this substantial property is all about location, lifestyle, and long-term potential. Whether updating, reimagining, or building new, the real draw is the chance to secure a home in one of the Westside's most established and sought-after neighborhoods. Known for its winding tree-lined streets, private park, and strong neighborhood identity, Beverlywood also offers exceptional everyday convenience. Boasting a walkscore of 91 and close proximity to shopping, dining, and transportation along Pico and Robertson. Beverlywood Homes Association dues include private security and use of Circle Park.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 2,389 | 2,104.5 | 64% |
| Lot Size | 6,620 | 6,456 | 61% |
| Price | $2.55M | $2.40M | 50% |
| Price per sq ft | $1.1K | $1.1K | 50% |
| Built year | 1948 | 1935 | 64% |
| HOA | $879.29 | $0 | 86% |
| Days on market | 16 | 166 | 7% |
Apr 6, 2026
$2,549,000
Initial Listing
Mar 2, 2020
$1,990,000
Public Record