2536 S Dunsmuir Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 2 bed, 1 bath
2536 S Dunsmuir Avenue
Los Angeles, California 90016
Property Price
SUMMARY
Analysis of 2536 S Dunsmuir Avenue, Los Angeles, California 90016 reveals a property with a current list price of $975,000, which is 26% above the estimated $771,488 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 |
|---|---|---|---|---|---|---|
★ 2536 S Dunsmuir Avenue Subject | $975,000* List Price | 2 | 1 | 930 | $830 | - |
A 5649 W Jefferson Boulevard Sold | $1,065,000 | 3 | 1 | 1,148 | $928 | 0.8 mi |
B 2134 S Sycamore Avenue Pending | $699,000 List Price | 2 | 1 | 921 | $759 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property is explicitly marketed as a development opportunity rather than a habitable residence. Built in 1925, the listing describes the site as a 'clean slate' for a brand-new fourplex or subdivision, emphasizing the RD1.5 zoning and SB 8 clearance. The value is based entirely on the land and redevelopment potential, with the existing structure likely requiring demolition to achieve the highest and best use.
PROSSTRENGTHS & OPPORTUNITIES
- Development Readiness
The property features RD1.5 zoning on a flat 5,200 sq ft lot with an SB 8 clearance letter already in hand, significantly streamlining the path for a fourplex or small-lot subdivision.
- Prime Location & Incentives
Situated in the rapidly appreciating West Adams area and within an Opportunity Zone, the site offers strategic proximity to Culver City and DTLA along with potential tax advantages for investors.
- Favorable Delivery Terms
The residence will be delivered completely vacant at the close of escrow, eliminating the complexities and costs associated with tenant relocation or low-income replacement requirements.
CONSRISKS & DEFICIENCIES
- Structure Condition
The existing 1925 structure is likely a teardown or requires extensive renovation, meaning the value is primarily in the land and development potential rather than the current improvements.
- Local School Performance
Assigned secondary schools, such as Audubon Middle and Dorsey High, carry low ratings (2/10), which could impact the long-term desirability for family-oriented tenants or buyers.
About 2536 S Dunsmuir Avenue
We are pleased to present for sale an exceptional development opportunity located in the heart of West Adams! Situated on a 5,200 sq ft flat lot (40 ft x 130 ft) with RD1.5 zoning, this property offers outstanding potential for redevelopment. Ideal for a brand-new fourplex or small-lot subdivision project (buyer to verify). The existing 3 BD/1 BA single-family residence will be delivered vacant at close of escrow, providing a clean slate for immediate planning and construction. SB 8 clearance letter is already in hand confirming no low-income replacement requirement, significantly streamlining the development process. No tenant relocation required. Located within an Opportunity Zone, this property presents additional potential tax advantages for investors (buyer to verify with CPA). The flat topography makes site planning efficient and cost-effective. Centrally positioned near the vibrant dining, shopping, and transit options that make West Adams one of Los Angeles' most dynamic and rapidly evolving neighborhoods. Convenient access to Culver City, DTLA, USC, and major transportation corridors. A rare chance to secure a vacant, development-ready lot in a strong rental and growth corridor. Contact listing agent for more details!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 5,249 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Cienega Elementary School
Grades K-5 • 0.3 mi
Marvin Elementary School
Grades K-5 • 0.3 mi
Baldwin Hills Elementary School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 32% |
| Baths | 1.0 | 2.0 | 32% |
| Square foot | 930 | 1,358.5 | 11% |
| Lot Size | 5,249 | 5,237 | 52% |
| Price | $975.0K | $1.01M | 46% |
| Price per sq ft | $1.0K | $745 | 95% |
| Built year | 1925 | 1927 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 172 | 2% |
Pricing History
Listed for Sale
Mar 3, 2026
$975,000
Initial Listing
Sold
Mar 25, 2005
$381,000
Public Record
Sold
Oct 14, 2003
$250,000
Public Record
Sold
Nov 13, 2002
$145,000
Public Record