2481 S Westgate Avenue, Los Angeles, California 90064, Los Angeles, 90064 - 3 bed, 2 bath
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Los Angeles, California 90064
This Turnkey Two-on-a-Lot Property represents a Strong Value Opportunity, listed at $1,499,900—positioned well below the $1,524,260 Fair Market Value by 1.6%. This valuation gap offers $24,360 in Instant Equity. Featuring a Mint Condition Rating with high-end quartz finishes and new HVAC, the property offers immediate rental or multi-generational utility. Its prime West LA location and expansion potential make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready asset in a high-demand neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2481 S Westgate Avenue Subject | $1,399,900* List Price | 3 | 2 | 1,169 | $1,262 | - |
A 2724 Barry Avenue Sold | $1,526,000 | 2 | 2 | 1,194 | $1,278 | 0.5 mi |
B 2511 Granville Sold | $1,300,000 | 2 | 1 | 1,361 | $955 | 0.1 mi |
C 2489 Wellesley Avenue Sold | $1,550,000 | 3 | 2 | 1,328 | $1,167 | 0.2 mi |
D 11519 National Boulevard Sold | $1,287,500 | 3 | 1 | 1,067 | $1,207 | 0.7 mi |
E 2622 S Bentley Avenue Sold | $1,610,000 | 3 | 2 | 1,441 | $1,117 | 1.0 mi |
F 2555 Tilden Avenue Sold | $1,615,000 | 3 | 3 | 1,359 | $1,188 | 1.0 mi |
G 2496 Butler Avenue Pending | $1,795,000 List Price | 3 | 2 | 1,411 | $1,272 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation within the last 5 years, featuring a modern kitchen with quartz countertops and black stainless appliances, designer-remodeled bathrooms, new central HVAC, new windows, and updated flooring throughout, meeting the criteria for mint condition.
The 'two-on-a-lot' configuration on a generous 6,020 sqft lot provides exceptional versatility for rental income, multi-generational living, or further ADU development.
Extensively remodeled with high-end finishes including quartz countertops, black stainless steel appliances, and new windows, offering a move-in ready experience in a prime area.
Situated on a quiet, tree-lined cul-de-sac with close proximity to Santa Monica, beaches, and major freeways, ensuring strong long-term desirability and value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6020, other record lot size in square feet = 6079.
The property was recently sold within the past year on 2026-02-20. The sold price is $850,000.00.
With only 1,169 square feet for a three-bedroom layout, the interior living space may feel constrained for buyers seeking larger common areas or spacious bedrooms.
Welcome to this beautifully remodeled West LA two-on-a-lot property, ideally situated on an established, tree-lined cul-de-sac located in proximity to Santa Monica and beaches, freeways, shopping, dining, and everyday conveniences. This turnkey property has been thoughtfully updated inside and out — featuring fresh interior and exterior paint, new windows, central heat and air in main unit, beautiful wood-look low-maintenance flooring, new Craftsman-style baseboards and casing, and new interior and exterior shaker-style doors. The main home boasts a bright, open kitchen with quartz countertops, stylish cabinetry, and upgraded black stainless steel appliances. Additional highlights include indoor laundry and tastefully remodeled bathrooms with designer tile, new vanities, and modern finishes. Set on a generous lot with fully landscaped front and rear yards, new fencing, and room to expand, this property offers outstanding flexibility for a variety of future possibilities — buyer to verify all expansion potential. Ideal for multi-generational living, rental income, or an owner-user seeking additional space in one of West LA's most desirable pockets. A rare find offering incredible versatility and value — don't miss it! ***THIS PROPERTY IS NOT FOR RENT***
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,169 | 1,672 |
| Lot Size | 6,020 | 6,067 |
| Price | $1.40M | $1.37M |
| Price per sq ft | $1.2K | $801 |
| Built year | 1946 | 1939 |
| HOA | $0 | $348 |
| Days on market | 37 | 56 |
Jul 6, 2026
$1,399,900
$1,499,900
-7% Price Drop
Initial Listing
Jun 15, 2026
$1,499,900
Initial Listing
Feb 20, 2026
$850,000
Public Record