2208 Virginia Road, Los Angeles, California 90016, Los Angeles, 90016 - 4 bed, 1 bath
2208 Virginia Road
Los Angeles, California 90016
Property Price
SUMMARY
Analysis of 2208 Virginia Road, Los Angeles, California 90016 reveals a Prime Investment Opportunity with a current list price of $1,095,000—significantly undercutting the $1,135,693 Fair Market Value by 3%. This valuation gap indicates a +$40,693 Instant Equity potential for buyers. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 |
|---|---|---|---|---|---|---|
★ 2208 Virginia Road Subject | $1,095,000* List Price | 4 | 1 | 1,923 | $591 | - |
A 2916 Hillcrest Drive Sold | $949,000 | 4 | 2 | 1,564 | $607 | 0.6 mi |
B 2136 S Victoria Avenue Active | $1,375,000 List Price | 5 | 3 | 2,636 | $522 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1924 and sold in 'as-is' condition, this property is a prime candidate for a full rehabilitation or development. The home suffers from significant functional obsolescence with a 4-bedroom, 1-bathroom layout. The listing description explicitly targets flippers and investors, indicating that the kitchen, bathroom, and major systems require substantial repairs and modernization to meet current living standards.
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 Location
Situated in the historic and highly sought-after Wellington Square neighborhood, this property offers significant long-term appreciation potential in a prestigious Mid-Los Angeles pocket.
- Development Potential
The generous 7,910 square foot lot provides ample space for expansion, landscaping, or the addition of an Accessory Dwelling Unit (ADU), making it an ideal canvas for developers.
CONSRISKS & DEFICIENCIES
- Functional Obsolescence
The current configuration of four bedrooms and only one bathroom is highly impractical for modern living standards and will require significant plumbing and layout reconfiguration.
- As-Is Condition
Sold in as-is condition, the property likely requires extensive structural or cosmetic rehabilitation, necessitating a substantial additional capital investment beyond the purchase price.
About 2208 Virginia Road
Attention Developers, Investors, Flippers & Saavy End Users! Incredible opportunity to remodel and/or develop in prime Wellington Square. Property is being sold AS-IS.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 77% |
| Baths | 1.0 | 2.0 | 32% |
| Square foot | 1,923 | 1,371 | 79% |
| Lot Size | 7,910 | 5,237 | 95% |
| Price | $1.09M | $1.01M | 63% |
| Price per sq ft | $569 | $738 | 20% |
| Built year | 1924 | 1927 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 171 | 2% |
Pricing History
Listed for Sale
Feb 23, 2026
$1,095,000
Initial Listing