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2113 Midvale Avenue, Los Angeles, California 90025, Los Angeles, 90025 - 4 bed, 2 bath

2113 Midvale Avenue, Los Angeles, California 90025 home-pic-0
ACTIVE$2,350,000$2,109/sqft
Est. Value: $2,214,683
-5%
AboveEstimate
2113 Midvale Avenue, Los Angeles, California 90025
4Beds
2Baths
2,109Sqft
6,765Lot

Price Vs. Estimate

The estimated value ($2,214,683.12) is $135,316.88 (5%) lower than the list price ($2,350,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-09-12. The sold price is $2,000,000.00.

Compared to the nearby listings

Price:$2.35M vs avg $2.04M (+$305,000)73%
Size:2,109 sqft vs avg 1,880 sqft65%
Price/sqft:$1.1K vs avg $1.0K62%

More Insights

Built in 1929 (97 years old).
Condition: The property was built in 1929, making it 95 years old. The listing explicitly markets this as a 'shovel-ready project' with approved plans for a new 3,845 sq. ft. residence, and the property analysis notes the existing structure's age 'likely requiring demolition or extensive renovation.' The provided image is a rendering of the proposed new construction, not the current dwelling. This indicates the value is solely in the land and its development potential, aligning with the 'tear-down' criteria.
Year Built
1929
Close
-
List price
$2.35M
Original List price
$2.35M
Price/Sqft
$1,114
HOA
-
Days on market
-
Sold On
-
MLS number
26633425
Home ConditionTear down
Features
View-

About this home

A rare opportunity to move forward immediately with a fully entitled, shovel-ready project in the highly desirable residential neighborhood of Westwood. All permits have been approved and will be paid by the seller, allowing the new owner to commence construction without delay eliminating entitlement uncertainty and significantly accelerating the development timeline. This offering provides a streamlined path to execution, ideal for developers or end-users seeking to build in a coveted Westwood location. Approved architectural plans call for approximately 3,845 sq. ft. of total living space, including an ADU and a two-car garage, with 5 thoughtfully designed bedrooms distributed throughout the residence. The modern layout features open-concept living, high ceilings, seamless indoor-outdoor flow, and a luxury-forward program tailored for today's buyer. Situated on a quiet neighborhood street amid ongoing development and new construction, the property benefits from proximity to everyday conveniences, dining, shopping, and major commuter routes supporting both livability and long-term value. With strong project fundamentals, fully approved status and a design aligned with current market demand, this offering presents clear execution potential and compelling upside.

O
Or Brodsky
Listing Agent

Nearby schools

7/10
Nora Sterry Elementary School
Public,•K-5•0.8mi
9/10
Overland Avenue Elementary School
Public,•K-5•0.8mi
9/10
Fairburn Avenue Elementary School
Public,•K-5•1.1mi
6/10
Richland Avenue Elementary School
Public,•K-6•1.1mi
3/10
Daniel Webster Middle School
Public,•6-8•1.0mi
6/10
University Senior High School Charter
Public,•9-12•1.6mi
6/10
University Senior High School
Public,•9-12•1.6mi

Price History

Date
Event
Price
09/12/25
Sold
$2,000,000
Condition Rating
Tear down
The property was built in 1929, making it 95 years old. The listing explicitly markets this as a 'shovel-ready project' with approved plans for a new 3,845 sq. ft. residence, and the property analysis notes the existing structure's age 'likely requiring demolition or extensive renovation.' The provided image is a rendering of the proposed new construction, not the current dwelling. This indicates the value is solely in the land and its development potential, aligning with the 'tear-down' criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Shovel-Ready Development: This is a fully entitled project with all permits approved and paid by the seller, allowing immediate construction and eliminating significant entitlement uncertainty and delays.
Prime Westwood Location: Situated in a highly desirable residential neighborhood on a quiet street, offering excellent proximity to everyday conveniences, dining, shopping, and major commuter routes.
Pre-Approved Modern Design: Architectural plans are approved for a 3,845 sq ft, 5-bedroom luxury residence with an ADU and 2-car garage, featuring open-concept living, high ceilings, and indoor-outdoor flow tailored for today's buyer.
Accelerated Project Timeline: The 'shovel-ready' status significantly speeds up the development process, offering a streamlined path to execution and a quicker potential return on investment.
Excellent School Access: The property benefits from proximity to highly-rated elementary schools (e.g., Fairburn Avenue Elementary, Overland Avenue Elementary), enhancing its appeal for families and long-term value.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-09-12. The sold price is $2,000,000.00.
Existing Structure's Age: The current property was built in 1929, implying that the primary value is in the land and development potential, likely requiring demolition or extensive renovation of the existing structure.
Lack of Scenic Views: The property explicitly states 'None' for views, which can be a drawback in a luxury Los Angeles market where scenic vistas often command a premium.
Significant Upfront Capital: The list price of $2.35M represents a substantial initial investment for a development opportunity, potentially limiting the buyer pool to well-capitalized developers or high-net-worth end-users.
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