
Los Angeles, California 90016
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $998,900—positioned well below the $1,037,650 Fair Market Value by 3%. This valuation gap offers $38,750 in Instant Equity. Featuring a Condition Rating of 2, the home includes a new roof, HVAC, and plumbing. The expansive 7,348 sqft lot provides significant ADU Conversion Potential. With access to a $20,000 grant, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2413 S Victoria Subject | $998,900* List Price | 3 | 2 | 1,385 | $749 | - |
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 3641 Somerset Sold | $1,272,000 | 3 | 2 | 1,544 | $824 | 0.8 mi |
F 2943 Chesapeake Avenue Sold | $950,000 | 3 | 2 | 1,534 | $619 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent remodel including a new 30-year roof, complete electrical rewire, new plumbing, and a new HVAC system. The kitchen and bathrooms are fully updated with modern finishes, and the home is in mint, move-in ready condition.
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 has undergone extensive permitted upgrades, including a new 30-year roof, HVAC system, electrical rewire, and plumbing re-pipe, ensuring long-term structural integrity and peace of mind for the buyer.
Situated on a generous 7,348 sqft lot, the detached garage and permitted bonus room offer a prime opportunity for an ADU conversion, providing potential for rental income or a private home office.
The property was recently sold within the past year on 2026-04-30. The sold price is $725,000.00.
The local middle and high schools carry low ratings (2/10), which may impact the property's appeal to families prioritizing high-performance public education.
With only a one-car garage for a three-bedroom residence, the property may present challenges for multi-vehicle households in a central Los Angeles neighborhood.
AVAILABLE FOR SHOWING, ACCEPTING BACK-UP OFFERS! Extensively remodeled, move-in ready home with City permits in a prime central Los Angeles location, just minutes from Downtown LA, Mid-City, Culver City, shopping, restaurants, parks, schools, and public transportation. This beautifully updated home features a new 30-year roof, dual-pane energy-efficient windows, complete electrical rewire with new fixtures, complete plumbing re-pipe with new sewer cleanout, new HVAC heating and air conditioning system with new ducting, attic insulation, a stunning new kitchen with stainless steel appliance package, two beautifully remodeled bathrooms, indoor laundry room, laminate and tile flooring, fireplace, and a spacious family/dining room. Renovations were completed with City permits and inspections, including the addition of a second full bathroom. Situated on a large lot, the property includes a detached one-car garage with an attached permitted bonus/storage room, offering excellent flexibility for a home office, gym, studio, or potential future ADU conversion (buyer to verify). The expansive backyard features a covered patio perfect for entertaining, BBQs, and family gatherings, along with mature lemon and orange trees. Thoughtfully updated throughout and showing exceptionally well, this home is truly a must-see! Property is located in a census tract that may qualify eligible buyers for a $20,000 grant and special financing through City National Bank. Program qualifications, restrictions, and availability apply. Please contact City National Bank for additional information.
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 | 1,664.159 |
| Lot Size | 7,348 | 6,066.556 |
| Price | $998.9K | $1.35M |
| Price per sq ft | $721 | $806 |
| Built year | 1920 | 1939 |
| HOA | $0 | $278 |
| Days on market | 28 | 55 |
Aug 12, 2026
$998,900
Initial Listing
Apr 30, 2026
$725,000
Public Record