
Los Angeles, California 90025
This property presents a High-Potential Investment Opportunity with a List Price of $1,195,000—positioned above the $1,069,602 Fair Market Value. While the property requires significant capital investment due to its Condition Rating of 6, the 5,400 sq. ft. lot in a premier Westside location offers substantial development upside. Proximity to Top-Rated Schools like Fairburn Avenue Elementary and major employment hubs ensures long-term demand. This is a strategic acquisition ideal for Developers or Owner-Occupants seeking to reimagine a classic 1923 residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2125 Selby Avenue Subject | $1,195,000* List Price | 2 | 1 | 852 | $1,255 | - |
A 11250 Mississippi Avenue Active | $1,385,000 List Price | 3 | 1 | 1,178 | $1,176 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1923 and unrenovated for over 45 years, this property is marketed primarily for land value and development. Images show boarded-up windows, severe water damage to ceilings, ruined hardwood flooring, and completely original, non-functional kitchen and bath fixtures.
Elementary School: Fairburn Avenue Elementary School (9/10).
Ideally situated in a highly desirable neighborhood near Century City, UCLA, and Beverly Hills, providing exceptional access to major employment hubs, luxury shopping, and world-class dining.
The 5,400 sq. ft. lot offers a rare 'blank canvas' opportunity for developers or owner-users to remodel, expand, or build a new residence in a high-demand area with tremendous upside potential.
At only 852 square feet, the current 2-bedroom, 1-bathroom structure is undersized for modern standards, necessitating a substantial expansion or complete rebuild to maximize the site's utility.
Offered for the first time in 45 years, this 1923 residence likely requires extensive modernization of its original systems and finishes, representing a significant additional capital investment for any buyer.
First time on the market in over 45 years, this rare West Los Angeles opportunity presents endless potential for developers, investors, or owner-users seeking to remodel, expand, or reimagine a classic 1923 residence in one of the Westside's most desirable neighborhoods. Situated on a 5,400 sq. ft. lot, the existing home features 2 bedrooms and 1 bathroom and offers an exceptional chance to create significant long-term value in a premier location. Ideally positioned near UCLA, Century City, Beverly Hills, Sawtelle Japantown, and Santa Monica, the property enjoys close proximity to some of Los Angeles' best dining, shopping, entertainment, and employment hubs. Convenient access to the 10 and 405 freeways, Metro Expo Line, and major commuter corridors makes travel throughout the Westside and greater Los Angeles effortless. Nearby attractions include Westfield Century City, Westwood Village, Rancho Park Golf Course, and an abundance of popular cafes, restaurants, and neighborhood amenities. Located near highly regarded schools including Westwood Charter Elementary, Daniel Webster Middle School, and University High School Charter. A true value-add opportunity in a premier West LA location with tremendous upside potential.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 1.0 | 3.0 | 8% |
| Square foot | 852 | 1,954 | 4% |
| Lot Size | 5,400 | 6,076.5 | 19% |
| Price | $1.20M | $2.22M | 4% |
| Price per sq ft | $1.4K | $1.1K | 88% |
| Built year | 1923 | 1938 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 128 | 4% |
May 25, 2026
$1,195,000
Initial Listing