2208 Virginia Road, Los Angeles, California 90016, Los Angeles, 90016 - 4 bed, 1 bath
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2208 Virginia Road
Los Angeles, California 90016
ACTIVE
CONDITION: TEAR DOWN
4Beds
1Baths
1,923Sq Ft
7,910Lot Size
Property Price
LIST PRICE$1,095,000
EST. MARKET VALUE
$1,040,866
5% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,095,000—positioned well above the $1,040,867 Fair Market Value by -5%. Featuring a Condition Rating of 6, this 1924-built residence requires significant capital expenditure to address its functional obsolescence. However, the 7,910 sqft lot and City Lights View provide a strong foundation for redevelopment in the prestigious Wellington Square. This asset is a strategic acquisition ideal for Fix-and-Flip Investors or Developers seeking to maximize land utility through renovation or expansion.
Estimated Market Value
$1,040,866
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2208 Virginia Road Subject 4 bd · 1 ba · 1,923 sqft · $541 | $1,095,000* List Price | 4 | 1 | 1,923 | $541 | - |
A 2136 S Victoria Avenue Sold 5 bd · 3 ba · 2,636 sqft · $484 · 0.1 mi | $1,275,000 | 5 | 3 | 2,636 | $484 | 0.1 mi |
B 3018 S Victoria Avenue Sold 3 bd · 1 ba · 1,550 sqft · $597 · 0.6 mi | $925,000 | 3 | 1 | 1,550 | $597 | 0.6 mi |
C 1946 Hillcrest Active 2 bd · 1 ba · 1,507 sqft · $630 · 0.2 mi | $949,000 List Price | 2 | 1 | 1,507 | $630 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1924 (100 years old) with no recorded renovations. The listing is explicitly marketed to developers and flippers for redevelopment, suggesting the property is in unlivable condition and value lies in the land.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7910, living area = 1923.
- Prime Development Opportunity
Located in the prestigious Wellington Square, this property offers significant upside for developers and investors to remodel or rebuild in a high-demand historic neighborhood.
- Expansive Lot Size
The generous 7,910-square-foot lot provides ample space for potential home expansion, outdoor amenities, or the addition of an Accessory Dwelling Unit (ADU).
CONSRISKS & DEFICIENCIES
- Poor Bed-to-Bath Ratio
With four bedrooms and only one bathroom, the current floor plan suffers from functional obsolescence and will require a costly reconfiguration to suit modern buyer needs.
- Significant Renovation Needs
Built in 1924 and marketed as a fixer-upper, the property likely requires substantial capital expenditure for structural, mechanical, and cosmetic updates.
About 2208 Virginia Road
Attention Developers, Investors, Flippers & Saavy End Users! Incredible opportunity to remodel and/or develop in prime Wellington Square!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 7,910 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,923 | 1,670.836 |
| Lot Size | 7,910 | 6,152.156 |
| Price | $1.09M | $1.34M |
| Price per sq ft | $569 | $807 |
| Built year | 1924 | 1941 |
| HOA | $0 | $238 |
| Days on market | 60 | 56 |
Pricing History
Listed for Sale
Sep 10, 2026
$1,095,000
Initial Listing