1966 N Van Ness Avenue, Los Angeles, California 90068, Los Angeles, 90068 - 4 bed, 3 bath
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Los Angeles, California 90068
This 1923 Spanish Colonial Revival Asset represents a High-Potential Investment Opportunity with a List Price of $1,900,000, aligning with its $1,900,000 Fair Market Value. Despite its Poor Condition Rating, the property offers substantial forced appreciation through the restoration of its vintage kitchen and original architectural details. Located in the Hollywood Grove HPOZ near Cheremoya Avenue Elementary, the asset qualifies for Mills Act tax benefits and features a sparkling pool and private greenhouse. This is a high-upside acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1966 N Van Ness Avenue Subject | $1,900,000* List Price | 4 | 3 | 2,818 | $674 | - |
A 5924 Graciosa Drive Active | $1,395,000 List Price | 4 | 4 | 2,446 | $570 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923, this property features highly outdated kitchens and bathrooms that require substantial rehabilitation. The kitchen, described as 'vintage' and needing a 'fresh vision,' has dark wood cabinets, worn countertops, and older appliances. The bathrooms exhibit very old tile work (e.g., pink and blue tiles), dated fixtures, and vanities, suggesting renovations from 30-50+ years ago or even original components. While the overall structure appears sound and the property is livable, the major functional and aesthetic components are significantly obsolete, necessitating extensive renovation to meet modern standards. The carpets are also old and worn. This aligns with the 'poor' criteria of requiring substantial repairs and rehabilitation for major components.
Authentic 1923 Spanish Colonial Revival architecture with original details like arched doorways and a fireplace, offering unique vintage charm and craftsmanship.
Located in the Hollywood Grove Historic Preservation Overlay Zone (HPOZ) and potentially qualifying for substantial property tax savings under the Mills Act, enhancing investment value.
Desirable location moments from Franklin Village, Griffith Park, and the Hollywood Walk of Fame, providing excellent access to L.A.'s cultural attractions and a quiet, storied neighborhood.
The property is back on the market due to a previous buyer not performing, which can raise concerns and potentially signal underlying issues or a challenging transaction history.
The 'vintage kitchen is full of character and ready for a fresh vision,' indicating it requires significant modernization and investment to meet contemporary standards.
While offering 'opportunity to customize and restore,' the 1923 build and 'vintage charm' suggest that various systems and areas beyond the kitchen may require substantial updates and capital expenditure for a modern lifestyle.
Set within the Hollywood Grove HPOZ, this 1923 Spanish Colonial Revival offers a rare opportunity to own a home with authentic character, substantial scale, and meaningful long-term upside in a premier Hollywood location. With 4 bedrooms, 3 baths, and approximately 2,818 square feet, the home features a strong and functional floorplan, original architectural details, arched openings, a fireplace, and abundant natural light throughout. Rich in period charm and well maintained over the years, the residence is fully livable today while offering a compelling canvas for thoughtful updates over time. Outdoor spaces add to the appeal with a screened-in porch, pool, spa, and private greenhouse, creating a distinctive setting for everyday living and entertaining. A basement adds additional flexibility and storage, while the detached garage and driveway provide off-street parking. Located near Franklin Village, Griffith Park, and some of Los Angeles' most iconic destinations, this is a special opportunity for buyers who value architectural integrity, generous living space, and the chance to shape a classic home into something truly exceptional. Buyers may investigate potential Mills Act eligibility and any associated property tax benefits available through the HPOZ.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.5 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,818 | 2,402 | 60% |
| Lot Size | 6,898 | 7,137 | 45% |
| Price | $1.90M | $1.96M | 47% |
| Price per sq ft | $674 | $891 | 18% |
| Built year | 1923 | 1949 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 386 | 196 | 97% |
Mar 10, 2026
$1,900,000
$2,150,000
-12% Price Drop
Initial Listing
Aug 25, 2025
$2,150,000
Initial Listing
Apr 1, 2025
$2,399,999
Initial Listing