This property presents a High-Potential Investment Opportunity with a List Price of $1,600,000, positioned slightly above the $1,578,317 Fair Market Value. While the property lacks immediate equity, its 4-bedroom, 3-bathroom layout in the prime Mid-City area offers significant long-term value. Given the Condition Rating of 5, the home requires a comprehensive renovation of major systems and finishes. This asset is best suited for Value-Add Investors or Owner-Occupants capable of executing a full-scale modernization to unlock the home's full potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2205 S Spaulding Subject | $1,600,000* List Price | 4 | 3 | 1,714 | $921 | - |
A 2927 S Genesee Avenue Active | $1,700,000 List Price | 5 | 3 | 1,730 | $983 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1940 (84 years old) and the listing data provides no evidence of recent renovations; based on age criteria, the home likely requires a full rehab of the kitchen, bathrooms, and major systems like HVAC and electrical.
Situated in the highly desirable C16 Mid Los Angeles area, this property offers exceptional central access to Culver City, West Adams, and major transit corridors.
The 4-bedroom, 3-bathroom configuration provides a rare and efficient use of space for a 1940s build, catering well to large families or work-from-home needs.
Built in 1940, the residence possesses the enduring charm and structural integrity typical of mid-century Los Angeles homes, offering significant curb appeal.
At a list price of $1.6M, the property sits at a high price-per-square-foot for the area, placing it in a competitive bracket where buyers expect premium finishes.
The 4,794 square foot lot is relatively small for this price point, limiting outdoor recreational space and potential for significant ADU expansion.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,714 | 1,664.159 |
| Lot Size | 4,794 | 6,066.556 |
| Price | $1.60M | $1.35M |
| Price per sq ft | $933 | $806 |
| Built year | 1940 | 1939 |
| HOA | $0 | $278 |
| Days on market | 4 | 55 |
Sep 5, 2026
$1,600,000
Initial Listing