1966 N Van Ness Avenue, Los Angeles, California 90068, Los Angeles, 90068 - 4 bed, 3 bath

1966 N Van Ness Avenue, Los Angeles, California 90068 home-pic-0

1966 N Van Ness Avenue

Los Angeles, California 90068

ACTIVE
CONDITION: POOR
4Beds
3Baths
2,818Sq Ft
6,898Lot Size

Property Price

LIST PRICE$2,150,000
EST. MARKET VALUE
$2,129,390

SUMMARY

Analysis of 1966 N Van Ness Avenue, Los Angeles, California 90068 reveals a Fairly Priced Property with a current list price of $2,150,000  aligned with the estimated $2,129,390 Fair Market Value. This represents a stable investment opportunity at market rate. 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.

Estimated Market Value

$2,129,390
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1966 N Van Ness Avenue
Subject
$2,150,000*
List Price
432,818$756-
A
5924 Graciosa Drive
Active
$1,595,000
List Price
442,446$6520.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

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Built in 1923, this property features highly outdated kitchens and bathrooms that require substantial rehabilitation.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.

PROSSTRENGTHS & OPPORTUNITIES

  • Historic Architectural Significance

    Authentic 1923 Spanish Colonial Revival architecture with original details like arched doorways and a fireplace, offering unique vintage charm and craftsmanship.

  • HPOZ & Mills Act Benefits

    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.

  • Prime Hollywood Location

    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.

CONSRISKS & DEFICIENCIES

  • Previous Buyer Non-Performance

    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.

  • Outdated Kitchen

    The 'vintage kitchen is full of character and ready for a fresh vision,' indicating it requires significant modernization and investment to meet contemporary standards.

  • Potential for Extensive Renovation/Updates

    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.

About 1966 N Van Ness Avenue

Back on the Market due to the previous buyer not performing! This stunning 1923 Spanish Colonial Revival home at 1966 N Van Ness Ave is a true Hollywood gem, brimming with vintage charm and timeless character. With 4 bedrooms, 2 bathrooms, and 2,818 square feet of living space, it invites you to experience the warmth and craftsmanship of early 20th-century California architecture.Located in the Hollywood Grove Historic Preservation Overlay Zone (HPOZ), this property not only celebrates L.A.'s architectural heritage, it could also qualify for substantial property tax savings under the Mills Act, making it an even smarter investment. From the moment you arrive, you'll be captivated by the stucco exterior, red clay tile roof, and decorative parapets, all iconic features of the Spanish Revival style. Inside, the home offers original arched doorways and a cozy fireplace, perfect for both relaxed living and elegant entertaining. The vintage kitchen is full of character and ready for a fresh vision. Upstairs, sun-filled bedrooms offer peaceful retreats with large windows and vintage charm. Step outside to a screened-in porch, sparkling pool, and private greenhouse, creating a rare, garden-like oasis in the heart of the city. Situated just moments from Franklin Village, Griffith Park, and the Hollywood Walk of Fame, this home offers the best of both worlds: a quiet, storied neighborhood and easy access to L.A.'s iconic culture. Whether you're drawn to its rich architectural detail, the opportunity to customize and restore, or the financial benefits of HPOZ living, this is a rare opportunity to own a true piece of Hollywood history. Schedule your private tour today, homes like this don't come around often.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1923
Lot Size
6,898 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Los Angeles Unified Schools

Cheremoya Avenue Elementary School

Grades K-6 • 0.3 mi

6/10

Grant Elementary School

Grades K-6 • 0.5 mi

4/10

Selma Avenue Elementary School

Grades K-6 • 1.2 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
54%
Baths3.03.0
50%
Square foot2,8182,357.5
61%
Lot Size6,8986,935
50%
Price$2.15M$1.92M
59%
Price per sq ft$763$879
33%
Built year19231949
9%
HOA$0$0
50%
Days on market339178
95%

Pricing History

Listed for Sale

Aug 25, 2025

$2,150,000

Initial Listing

Price Change

Apr 1, 2025

$2,399,999

Initial Listing

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