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

2113 Midvale Avenue
Los Angeles, California 90025
Property Price
SUMMARY
Analysis of 2113 Midvale Avenue, Los Angeles, California 90025 reveals a property with a current list price of $2,350,000, which is 8% above the estimated $2,152,923 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 |
|---|---|---|---|---|---|---|
★ 2113 Midvale Avenue Subject | $2,350,000* List Price | 4 | 2 | 2,109 | $1,021 | - |
A 2030 Pelham Avenue Sold | $1,750,000 | 3 | 2 | 1,551 | $1,128 | 0.4 mi |
B 2115 Holmby Avenue Active | $1,995,000 List Price | 3 | 3 | 1,659 | $1,203 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 2113 Midvale Avenue
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1929
- Lot Size
- 6,765 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 • 0.8 mi
Overland Avenue Elementary School
Grades K-5 • 0.8 mi
Fairburn Avenue Elementary School
Grades K-5 • 1.1 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 | 2.0 | 2.0 | 50% |
| Square foot | 2,109 | 1,942 | 59% |
| Lot Size | 6,765 | 6,738 | 71% |
| Price | $2.35M | $2.05M | 76% |
| Price per sq ft | $1.1K | $1.1K | 59% |
| Built year | 1929 | 1929 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 164 | 12% |
Pricing History
Listed for Sale
Jan 7, 2026
$2,350,000
Initial Listing
Sold
Sep 12, 2025
$2,000,000
Public Record
