2054 Manning Avenue, Los Angeles, California 90025, Los Angeles, 90025 - 4 bed, 3 bath
2054 Manning Avenue
Los Angeles, California 90025
Property Price
SUMMARY
Analysis of 2054 Manning Avenue, Los Angeles, California 90025 reveals a Prime Investment Opportunity with a current list price of $1,995,000—significantly undercutting the $2,078,291 Fair Market Value by 4%. This valuation gap indicates a +$83,291 Instant Equity potential for buyers. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2054 Manning Avenue Subject | $1,995,000* List Price | 4 | 3 | 2,189 | $949 | - |
A 2113 Midvale Avenue Sold | $2,000,000 | 3 | 2 | 2,109 | $948 | 0.5 mi |
B 2030 Pelham Avenue Sold | $1,750,000 | 3 | 2 | 1,551 | $1,128 | 0.1 mi |
C 2148 Veteran Avenue Sold | $1,540,000 | 3 | 3 | 1,818 | $847 | 0.6 mi |
D 1917 Veteran Avenue Sold | $2,050,000 | 4 | 3 | 2,426 | $845 | 0.6 mi |
E 2147 Malcolm Avenue Sold | $1,765,000 | 3 | 2 | 1,645 | $1,073 | 0.3 mi |
F 2138 Overland Avenue Sold | $1,849,000 | 3 | 2 | 1,664 | $1,111 | 0.2 mi |
G 2113 Midvale Avenue Active | $2,350,000 List Price | 4 | 2 | 2,109 | $1,114 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This 1927 Tudor home is in mostly original condition and has not been updated since 1977. The kitchen and bathrooms feature severely outdated cabinetry, tiling, and appliances that require a complete gut renovation. While the architectural integrity remains, the property requires substantial rehabilitation of its systems, finishes, and fixtures to meet modern living standards, as noted by the listing's call for restoration.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fairburn Avenue Elementary School (9/10).
- Prime Westwood Location
Situated on the highly coveted '2000 block' North of Olympic, this property offers exceptional proximity to Century City and is located within the desirable Westwood Charter School area.
- ADU & Development Potential
The 6,750-square-foot corner lot features a unique layout with side-street access from Mississippi, providing an ideal configuration for constructing an Accessory Dwelling Unit (ADU).
CONSRISKS & DEFICIENCIES
- Extensive Restoration Needed
Having been held by the same owner since 1977, the home is in original condition and requires a comprehensive renovation to update its finishes and realize its full modern potential.
- Dated Infrastructure
Given its 1927 construction and long-term occupancy, buyers should anticipate the need for significant capital investment to upgrade aging mechanical, electrical, and plumbing systems.
About 2054 Manning Avenue
Tudor style built in 1927 located on the much desired "2000 block", North of Olympic in Westwood. Close to Century City and near Westwood Charter School. Great 6,750 foot corner lot with the perfect setup to build your ADU with access from Mississippi / the adjacent street. Lovingly lived in for nearly 50 years and never for sale since 1977, this home is ready to restore to its greatest potential. The are 4 bedrooms and 3 bathrooms, and two bonus rooms in the attic. The living room with fireplace and vaulted ceiling, dining room and breakfast room are perfect size, larger than most in the neighborhood. Hardwood floors throughout. Bring your designer to reimagine the many possibilities .
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 6,752 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
Fairburn Avenue Elementary School
Grades K-5 • 0.8 mi
Overland Avenue Elementary School
Grades K-5 • 0.8 mi
Nora Sterry Elementary School
Grades K-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 2,189 | 1,942 | 65% |
| Lot Size | 6,752 | 6,738 | 53% |
| Price | $2.00M | $2.04M | 41% |
| Price per sq ft | $911 | $985 | 24% |
| Built year | 1927 | 1929 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 164 | 12% |
Pricing History
Listed for Sale
Feb 16, 2026
$1,995,000
Initial Listing