
Los Angeles, California 90035
This Prime Development Opportunity is listed at $1,895,000, positioned near its $1,790,561 Fair Market Value. Currently holding a Tear-Down Condition Rating, the property’s primary value resides in the substantial 6,475 sqft lot within the highly sought-after 90035 zip code. The existing 1,648 sqft footprint provides a significant canvas for a luxury new-build or the addition of an Accessory Dwelling Unit (ADU). Located in the Los Angeles Unified School District near Beverly Hills, this is a strategic acquisition for Developers and Custom Home Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1818 Hi Point Subject | $1,895,000* List Price | 2 | 2 | 1,648 | $1,087 | - |
A 1726 S Sherbourne Drive Sold | $1,675,000 | 2 | 1 | 1,273 | $1,316 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1941 (83 years old) and the listing lacks any mention of renovations to the kitchen, bathrooms, or critical systems like HVAC and electric. According to the criteria, a structure over 50 years old with no documented updates is classified as a tear-down, suggesting the value lies primarily in the 6,475 sqft lot.
Situated in the highly desirable 90035 zip code, this property offers exceptional proximity to Beverly Hills, Culver City, and the Westside, providing high land value and convenience.
The 6,475 square foot lot is generous for the area, offering significant potential for outdoor entertaining, landscaping, or the addition of an Accessory Dwelling Unit (ADU).
At 1,648 square feet, the home provides a much larger living area than typical two-bedroom residences, allowing for oversized rooms and a more comfortable, airy interior flow.
With a list price of $1.895M for only two bedrooms, the property sits at a premium price point that may challenge buyers looking for more sleeping quarters at this valuation.
The property is served by a mix of public schools with varying performance scores, including a local high school with a low rating, which may be a concern for families prioritizing education.
Beautiful Home
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 27% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,648 | 2,045.5 | 31% |
| Lot Size | 6,475 | 6,401.5 | 54% |
| Price | $1.90M | $2.23M | 42% |
| Price per sq ft | $1.1K | $1.1K | 65% |
| Built year | 1941 | 1935 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 127 | 8% |
Apr 28, 2026
$1,895,000
Initial Listing