
Los Angeles, California 90016
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $1,089,900—positioned well below the $1,141,812 Fair Market Value by 4%. This valuation gap offers $51,912 in Instant Equity. Featuring a Condition Rating of 2, the home includes a complete, permitted renovation with a new roof, HVAC, and modern kitchen. The expansive 7,348 sqft lot provides significant ADU conversion potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready home with long-term development upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2413 S Victoria Subject | $1,089,900* List Price | 3 | 2 | 1,385 | $824 | - |
A 2209 West Boulevard Sold | $1,142,000 | 4 | 3 | 1,781 | $641 | 0.3 mi |
B 3441 Virginia Road Sold | $999,900 | 3 | 2 | 1,446 | $691 | 0.7 mi |
C 2025 West Boulevard Sold | $1,178,000 | 3 | 2 | 1,769 | $666 | 0.3 mi |
D 3510 Somerset Sold | $1,080,000 | 3 | 2 | 1,284 | $841 | 0.7 mi |
E 2934 Hillcrest Drive Sold | $1,350,000 | 3 | 2 | 1,764 | $765 | 0.5 mi |
F 3641 Somerset Sold | $1,272,000 | 3 | 2 | 1,544 | $824 | 0.8 mi |
G 2938 Virginia Road Sold | $1,152,000 | 3 | 1 | 1,164 | $990 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, permitted renovation including a new roof, HVAC, electrical rewire, and plumbing repipe. The kitchen and bathrooms feature modern, high-end finishes, and the home is in mint, move-in-ready condition, meeting the criteria for a recent renovation under 5 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7348, living area = 1385.
The property features a complete, permitted remodel including a new roof, dual-pane windows, updated electrical and plumbing, and a new HVAC system, ensuring a move-in-ready experience with minimal immediate maintenance.
Situated on a generous 7,348 sqft lot, the detached garage and permitted bonus room offer significant flexibility for a home office, gym, or a future ADU conversion to increase property value and rental income.
The property was recently sold within the past year on 2026-04-30. The sold price is $725,000.00.
The assigned middle and high schools carry low performance ratings (2/10), which may be a deterrent for families prioritizing public school quality.
The property lacks any significant views, which may impact its competitive standing against other homes in the area that offer city or hillside vistas.
Beautifully remodeled home in a prime central Los Angeles location, just minutes from Downtown LA, Mid-City, Culver City, shopping, restaurants, parks, schools, and public transportation. This move-in ready home features a new roof, dual-pane windows, complete electrical rewire, complete plumbing repipe, new HVAC heating and air conditioning system, attic insulation, a stunning new kitchen with stainless steel appliance package, two beautifully remodeled bathrooms, an indoor laundry room, laminate and tile flooring, fireplace, and a spacious family/dining room. Renovations were completed with city permits and inspections. Situated on a large lot, the property includes a detached one-car garage with an attached permitted bonus/storage room offering endless possibilities for a home office, gym, studio, or potential future ADU conversion (buyer to verify). The expansive backyard features a covered patio, making it the perfect space for entertaining, BBQs, and family gatherings. The detached garage and large lot provide outstanding long-term flexibility and future potential. Enjoy mature lemon and orange trees that add to the charm of the outdoor space. This home has been thoughtfully updated throughout, shows exceptionally well, and is truly a must-see!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,385 | 1,672 |
| Lot Size | 7,348 | 6,067 |
| Price | $1.09M | $1.37M |
| Price per sq ft | $787 | $801 |
| Built year | 1920 | 1939 |
| HOA | $0 | $348 |
| Days on market | 3 | 56 |
Jul 21, 2026
$1,089,900
Initial Listing
Apr 30, 2026
$725,000
Public Record