1923 Midvale Avenue, Los Angeles, California 90025, Los Angeles, 90025 - 3 bed, 2 bath
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1923 Midvale Avenue
Los Angeles, California 90025
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,389Sq Ft
6,762Lot Size
Property Price
LIST PRICE$1,900,000
EST. MARKET VALUE
$1,889,580
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,900,000—positioned slightly above the $1,889,581 Fair Market Value. While the current structure holds a Condition Rating of 4, the expansive 6,762 sqft lot in a prime West LA location offers significant upside for new construction. Zoned for top-tier education, including Fairburn Avenue Elementary (9/10), the site provides long-term value for developers. This is a strategic acquisition ideal for Real Estate Developers or Owner-Occupants seeking to build a custom residence.
Estimated Market Value
$1,889,580
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1923 Midvale Avenue Subject | $1,900,000* List Price | 3 | 2 | 1,389 | $1,360 | - |
A 1916 Veteran Sold | $2,000,000 | 2 | 1 | 1,250 | $1,600 | 0.1 mi |
B 2032 Holmby Avenue Sold | $2,360,000 | 3 | 2 | 1,602 | $1,473 | 0.8 mi |
C 2115 Holmby Avenue Sold | $2,250,000 | 3 | 3 | 1,659 | $1,356 | 0.7 mi |
D 2113 Veteran Avenue Sold | $1,920,000 | 3 | 3 | 1,720 | $1,116 | 0.3 mi |
E 1921 Butler Avenue Sold | $1,625,000 | 4 | 2 | 1,536 | $1,058 | 0.8 mi |
F 1954 Comstock Avenue Sold | $1,819,000 | 2 | 2 | 1,167 | $1,559 | 1.0 mi |
G 1914 Fairburn Avenue Active | $1,995,000 List Price | 3 | 3 | 1,373 | $1,453 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1927, the property features a significantly dated kitchen with older oak cabinetry and white appliances. While the interior appears clean and functional, the listing explicitly markets the property as a development opportunity for new construction, indicating that the structure and systems are likely near the end of their functional life despite being currently livable.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fairburn Avenue Elementary School (9/10).
- Prime Development Potential
The property features a generous 6,762 sqft flat lot in a highly sought-after West LA/Westwood location, making it an ideal canvas for a high-value new construction project or custom residence.
- Exceptional Location
Situated near UCLA, Century City, and major transportation routes, the property offers unparalleled access to premier shopping, dining, and major employment hubs.
CONSRISKS & DEFICIENCIES
- Significant Renovation or Teardown Required
With the original structure dating back to 1927 and limited square footage, the property is positioned primarily as a land-value opportunity, requiring substantial capital for redevelopment.
- Lack of Scenic Views
The property does not offer any significant views, which may be a competitive disadvantage compared to other premium-priced development opportunities in the surrounding area.
About 1923 Midvale Avenue
Exceptional development opportunity in a prime West LA/Westwood location. This approximately 50' X 135' flat lot offers excellent potential for new construction in a highly desirable neighborhood near UCLA, Century City, shopping, dining, and major transportation routes. Ideal for a builder, developer, or owner-user looking to create a custom residence.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 6,762 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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
Nora Sterry Elementary School
Grades K-5 • 0.7 mi
7/10
Fairburn Avenue Elementary School
Grades K-5 • 0.9 mi
9/10
Overland Avenue Elementary School
Grades K-5 • 1.0 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,389 | 1,664.159 |
| Lot Size | 6,762 | 6,066.556 |
| Price | $1.90M | $1.35M |
| Price per sq ft | $1.4K | $806 |
| Built year | 1927 | 1939 |
| HOA | $0 | $278 |
| Days on market | 34 | 55 |
Pricing History
Listed for Sale
Aug 6, 2026
$1,900,000
Initial Listing
Sold
May 7, 2025
$1,735,000
Public Record