1900 Holmby Avenue, Los Angeles, California 90025, Los Angeles, 90025 - 2 bed, 2 bath
1900 Holmby Avenue
Los Angeles, California 90025
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1900 Holmby Avenue Subject | $1,875,000* List Price | 2 | 2 | 1,285 | $1,333 | - |
A 2030 Pelham Avenue Sold | $1,750,000 | 3 | 2 | 1,551 | $1,128 | 0.5 mi |
B 1914 Westholme Avenue Sold | $2,250,000 | 2 | 1 | 1,456 | $1,545 | 0.2 mi |
C 2115 Holmby Avenue Pending | $1,995,000 List Price | 3 | 3 | 1,659 | $1,203 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1937, this 87-year-old property is explicitly marketed as a development opportunity for a 6-unit condo project. The listing description and property analysis identify the existing structure as having minimal value and being a likely tear-down, with the list price reflecting the land value and entitlements rather than the condition of the vacant home.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fairburn Avenue Elementary School (9/10).
- Significant Development Potential
The RD1.5 zoning combined with TOC Tier 2 designation allows for the construction of 6 for-sale condo units, maximizing the density and ROI on a 5,638 sqft lot.
- Prime Westside Location
Situated within walking distance to Westfield Century City and adjacent to Beverly Hills and Westwood, the property occupies one of Los Angeles' most prestigious and high-demand neighborhoods.
CONSRISKS & DEFICIENCIES
- High Acquisition Cost
At a list price of $1.875M for a 5,638 sqft lot, the land cost per buildable unit is high, requiring premium exit prices for the finished condos to maintain healthy margins.
- Minimal Existing Structure Value
The 1937 original structure is likely a tear-down for developers, meaning the purchase price is almost entirely in the land and entitlements rather than the physical building.
- Permitting and Construction Risk
While plans are submitted, the buyer must still navigate the final stages of the Los Angeles building permit process and manage rising construction costs in a dense urban environment.
About 1900 Holmby Avenue
Calling all developers and owner users! This property is a unique development opportunity to build six (6) for-sale condo units walking distance to the upscale Westfield Century City. Positioned on a 5,638 sqft lot with RD1.5 zoning, this is an incredible opportunity to add density in a highly desired westside neighborhood. Conveniently located adjacent to Westwood and Beverly Hills, the investment in and around the property is unparalleled, anchored with UCLA recently acquiring 700k sqft of the former Westside Pavilion to serve as their state-of-the-art research and innovation hub. The property benefits from a Transit Oriented Communities (TOC) Tier 2 designation that allows for an increase in density and height bonus. The existing house is currently vacant and consists of 2 bedrooms and 2 baths located in a highly regarded school district. Plans have been submitted to the city. Approval for Preliminary Zoning Assessment (PZA) has been received. TOC Tier Verification have been confirmed and the property is SB8 Exempt. Don't miss this opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1937
- Lot Size
- 5,638 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Fairburn Avenue Elementary School
Grades K-5 • 0.5 mi
Overland Avenue Elementary School
Grades K-5 • 1.1 mi
Nora Sterry Elementary School
Grades K-5 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,285 | 1,818 | 12% |
| Lot Size | 5,638 | 6,202 | 24% |
| Price | $1.88M | $2.04M | 41% |
| Price per sq ft | $1.5K | $1.1K | 88% |
| Built year | 1937 | 1929 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 164 | 12% |
Pricing History
Listed for Sale
Feb 3, 2026
$1,875,000
Initial Listing
Sold
Feb 24, 2022
$1,857,000
Public Record
Sold
Oct 6, 2021
$1,050,000
Public Record