1728 S Holt Avenue, Los Angeles, California 90035, Los Angeles, 90035 - 2 bed, 2 bath
ACTIVE$1,795,000
1728 S Holt Avenue, Los Angeles, California 90035
2Beds
2Baths
1,374Sqft
6,121Lot
Year Built
1939
Close
-
List price
$1.79M
Original List price
$1.79M
Price/Sqft
$1,306
HOA
-
Days on market
-
Sold On
-
MLS number
24470827
Home ConditionPoor
Features
Good View: City Lights, Hills
Deck
ViewCity Lights,Hills
About this home
Possibly Over-Priced:The estimated price is 17% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.79M(33th), sqft - 1374(18th), beds - 2(26th), baths - 2(49th).
This remarkable property offers a unique opportunity to own a charming 2-bedroom, 2-bathroom home with detached guest house, all on a spacious lot. With the added advantage of Ready-To-Issue (RTI) approved plans for a new 4,000 sf 2-story home and ADU! This property presents endless possibilities. Home has 2 bedrooms, and 2 bathrooms, with a large kitchen and living area. Large backyard has a great deck overlooking city views.Situated in the highly sought-after Pico Robertson neighborhood, you'll enjoy the convenience of nearby amenities, including fine dining, trendy cafes, boutique shops, and parks. The central location provides easy access to major transportation routes, allowing for seamless commuting to other parts of town.
Nearby schools
4/10
Crescent Heights Boulevard Elementary School
Public,•K-5•0.3mi
4/10
Shenandoah Street Elementary School
Public,•K-5•0.6mi
7/10
Canfield Avenue Elementary School
Public,•K-5•0.7mi
5/10
Carthay Center Elementary
Public,•K-5•1.0mi
8/10
Horace Mann Elementary School
Public,•K-8•1.3mi
8/10
Beverly Vista Elementary School
Public,•K-8•1.5mi
7/10
Palms Middle School
Public,•6-8•2.7mi
3/10
Daniel Webster Middle School
Public,•6-8•3.4mi
4/10
Mark Twain Middle School and World Languages Magnet
Public,•6-8•5.1mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•1.1mi
9/10
Beverly Hills High School
Public,•9-12•2.1mi
7/10
Fairfax Senior High School
Public,•9-12•2.8mi
Price History
Date
Event
Price
06/10/22
Sold
$1,660,000
07/14/00
Sold
$325,000
Condition Rating
Poor
The property was built in 1939, making it 85 years old. While the kitchen has stainless steel appliances, the cabinets, countertops, and flooring appear dated, likely from a renovation 15-25 years ago. Bedrooms feature older hardwood floors, dated ceiling fans, and visible window AC units, indicating a lack of modern central cooling. The overall aesthetic and systems are significantly outdated. The listing description and property analysis explicitly highlight 'Ready-To-Issue (RTI) approved plans for a new 4,000 sf 2-story home and ADU' and state the existing home is 'likely requiring significant updates or demolition.' This strongly suggests the current structure is not considered a modern, desirable living space and would require substantial rehabilitation or replacement to meet contemporary standards, aligning with a 'poor' condition.
Pros & Cons
Pros
Great Schools: High School: Beverly Hills High School (9/10).
Significant Development Opportunity: Ready-To-Issue (RTI) approved plans for a new 4,000 sqft 2-story home and an Accessory Dwelling Unit (ADU) offer substantial value-add and customization potential.
Prime Pico Robertson Location: Situated in a highly sought-after neighborhood with convenient access to fine dining, trendy cafes, boutique shops, parks, and major transportation routes.
Spacious Lot with Views: A generous 6,121 sqft lot features a large backyard with a deck offering desirable city views, enhancing outdoor living and property appeal.
Detached Guest House: The property includes a detached guest house, providing flexible living arrangements, potential for rental income, or dedicated space for a home office or studio.
Investment Potential: The combination of a desirable location and approved development plans positions this property as a strong investment for future appreciation and customization.
Cons
Existing Home Condition/Size: The current 1939-built, 2-bedroom, 2-bathroom home at 1,374 sqft is relatively modest and older, likely requiring significant updates or demolition to align with the approved new construction plans.
Substantial Project Required: Realizing the property's full value necessitates a major construction project (new 4,000 sqft home + ADU), which demands significant additional capital investment, time, and management from the buyer.
Price Reflects Potential, Not Current State: The list price of $1.795M primarily reflects the development potential and approved plans, rather than the value of the existing structure, which may be a deterrent for buyers seeking a move-in ready home at this price point.