
Los Angeles, California 90064
This Mid-Construction Development Opportunity represents a strategic acquisition in the prime Westwood-Century City corridor. Listed at $1,650,000, the property is positioned accurately at its $1,649,438 Fair Market Value, reflecting the market stability of the 90064 zip code. Currently a framed shell with a Condition Rating of 5, the site offers a blank canvas to complete a modern two-story residence. The 6,888 square foot lot provides rare space for a pool, spa, and ADU, maximizing future valuation. This is a high-upside project for Developers or Owner-Users.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2361 Overland Avenue Subject | $1,650,000* List Price | 0 | 0 | 1,299 | $1,270 | - |
A 2861 Dunleer Place Sold | $1,737,500 | 2 | 2 | 1,687 | $1,030 | 0.7 mi |
B 2327 Midvale Avenue Sold | $1,780,000 | 2 | 2 | 1,386 | $1,284 | 0.3 mi |
C 2535 Veteran Avenue Sold | $1,500,000 | 2 | 1 | 1,087 | $1,380 | 0.5 mi |
D 10365 Ilona Avenue Sold | $1,755,000 | 2 | 2 | 1,293 | $1,357 | 0.7 mi |
E 10765 Esther Active Under Contract | $1,495,000 List Price | 3 | 1 | 1,014 | $1,474 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is currently mid-construction and exists only as a framed shell. It lacks a finished kitchen, bathrooms, and functional HVAC or electrical systems. While the framing and windows appear modern, the home is unlivable in its current state and requires a full interior completion and rehab.
Situated in the highly sought-after Westwood-Century City area, the property offers exceptional proximity to luxury shopping at Westfield Century City and recreation at Rancho Park Golf Course.
The mid-construction status provides a unique opportunity for developers or owner-users to select high-end finishes and design a modern two-story residence to their exact specifications.
The 6,888 square foot lot is large enough to accommodate a pool, spa, and a potential ADU, offering significant value-add potential and versatile indoor-outdoor living options.
As a mid-construction project, the property requires substantial additional investment, time, and construction management to reach completion, making it unsuitable for buyers seeking a move-in-ready home.
The property's current unfinished state likely disqualifies it from traditional mortgage financing, necessitating construction loans or all-cash offers, which narrows the pool of potential buyers.
Development Opportunity for developers and owner users to complete a two-story residence in a prime location. The property is currently in mid-construction, offering the ability to finish and design the home to your specifications. Situated on a 6,888 square foot lot, the property provides ample space for a pool, spa, and potential ADU, allowing for a well planned indoor-outdoor layout. A great opportunity to build a modern new construction home. Located near restaurants, cafes, and everyday conveniences, with close proximity to Rancho Park Golf Course and Westfield Century City.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 1% |
| Baths | 0.0 | 3.0 | 1% |
| Square foot | 1,299 | 2,185.5 | 14% |
| Lot Size | 6,888 | 6,327.5 | 75% |
| Price | $1.65M | $2.19M | 25% |
| Price per sq ft | $1.3K | $1.1K | 83% |
| Built year | 1948 | 1947 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 181 | 1% |
Apr 22, 2026
$1,650,000
Initial Listing
Dec 27, 2021
$1,450,000
Public Record
Jan 4, 2008
$970,000
Public Record
Sep 22, 2005
$775,000
Public Record