
Los Angeles, California 90004
Analysis of 180 S Las Palmas Avenue, Los Angeles, California 90004 is currently available with a list price of $3,850,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1926 and on the market for the first time in over 60 years, the home is in original/highly dated condition. The kitchen and bathrooms appear to have last been updated 50+ years ago with mid-century cabinetry and appliances. While 'lovingly cared for,' the property requires a total rehabilitation of its interior finishes and likely its aging systems (HVAC, electric, plumbing) to meet modern standards.
Situated on a generous corner lot in one of LA's most prestigious neighborhoods, the property offers exceptional walkability to Larchmont Village and La Brea Avenue's premier dining and shopping.
This stately 1926 residence retains its classic elegance and original character, featuring dramatic beamed ceilings and grand public rooms that provide a rare sense of scale and history.
The property is located just steps (0.04 miles) from the highly-rated Third Street Elementary School, making it a premier choice for families seeking top-tier public education.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Held by the same family for over 60 years, the home is presented as a 'canvas for restoration,' implying a need for substantial capital investment to modernize systems and finishes.
There is a notable discrepancy between the physical layout (4 beds/3 baths) and public records (5 beds/4 baths), which may complicate financing or require permitting investigations.
On the market for the first time in more than six decades, this stately 1926 residence lovingly cared for by the same family offers an exceptional opportunity in one of Los Angeles' most sought after neighborhoods. With just under 4,000 sq. ft. of living space, the home features 4 bedrooms and 3 baths, while public records reflect 5 bedrooms and 4 baths. A formal foyer welcomes you inside, where a sweeping staircase sets the tone for the home's classic elegance. The expansive step-down living room showcases dramatic beamed ceilings, creating a grand yet inviting space for gatherings. Additional rooms retain original architectural character, offering a canvas for restoration, reimagining, or thoughtful modernization. Situated on a generous 10,691 sq. ft. corner lot, the property includes a detached garage and ample outdoor space with potential for gardens, entertaining areas, or future enhancements. Perfectly positioned near the shops and restaurants along La Brea Avenue and moments from the charm of Larchmont Village, this location offers unmatched access to cafes, boutiques, markets coffee shops, Ice Cream stores, bakeries and neighborhood amenities. A rare offering of scale, provenance, and possibility in the heart of Hancock Park.
No exterior & parking available.
Grades K-5 • 0.0 mi
Grades K-5 • 1.1 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 45% |
| Square foot | 3,992 | 2,371.5 | 82% |
| Lot Size | 10,926 | 7,009 | 84% |
| Price | $3.85M | $1.94M | 77% |
| Price per sq ft | $964 | $962 | 50% |
| Built year | 1926 | 1923 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 152 | 2% |
May 15, 2026
$3,850,000
Initial Listing