
Los Angeles, California 90016
This Value-Add Residential Asset is listed at $899,000, currently positioned above the $806,880 Fair Market Value due to the high-growth potential of the West Adams Location. With a Condition Rating of 4, the property’s Century-Old Infrastructure and dated interior systems require strategic modernization to meet current market standards and unlock appreciation. However, the functional 3-bedroom layout and unique Fish Pond provide significant character in a vibrant corridor near Culver City. This property represents a calculated acquisition for Value-Add Investors or Contractors looking to build equity in an emerging Los Angeles submarket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2627 S Cloverdale Avenue Subject | $899,000* List Price | 3 | 2 | 1,175 | $687 | - |
A 2524 Alsace Ave Sold | $710,000 | 3 | 2 | 1,071 | $663 | 0.2 mi |
B 2407 S Orange Drive Sold | $850,000 | 3 | 2 | 1,576 | $539 | 0.4 mi |
C 2144 Alsace Avenue Sold | $909,000 | 3 | 2 | 1,439 | $632 | 0.5 mi |
D 2405 Clyde Sold | $985,000 | 3 | 2 | 1,508 | $653 | 0.5 mi |
E 2840 S Mansfield Avenue Sold | $730,000 | 4 | 2 | 974 | $749 | 0.4 mi |
F 2406 S Cochran Avenue Sold | $755,000 | 2 | 1 | 1,026 | $736 | 0.2 mi |
G 1944 S Spaulding Avenue Pending | $875,000 List Price | 3 | 1 | 1,137 | $770 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1923, this property is over 100 years old and shows signs of being dated. While the description highlights charm, the provided bathroom image reveals fixtures and tiling likely 20+ years old. There is no mention of recent upgrades to major systems like HVAC or electrical, and the heavy ivy on the exterior suggests potential maintenance needs. It is functional but requires modernization to meet current market standards.
Situated in a vibrant, up-and-coming neighborhood with excellent proximity to Culver City, Downtown LA, and major freeways, offering high growth potential and urban convenience.
The home features a seamless flow and an abundance of natural light, maximizing the 1,175 square feet to create an inviting and spacious atmosphere ideal for entertaining.
A private backyard and a distinctive front yard fish pond provide rare charm and curb appeal, offering tranquil outdoor spaces that are highly sought after in the city.
Built in 1923, the property may require significant ongoing maintenance or updates to aging systems typical of homes from this era to meet modern efficiency standards.
Several assigned public schools, including the local middle and high schools, have lower performance ratings, which may be a deterrent for families prioritizing education.
This inviting 3-bedroom, 2-bath single-level home is in the heart of Los Angeles. Filled with natural light, the open and airy layout creates a warm, comfortable atmosphere throughout. The home offers a seamless flow between living spaces, ideal for both everyday living and entertaining. Enjoy a private backyard perfect for relaxing or hosting gatherings, along with a unique front yard that features a fish pond that adds character and curb appeal. Located in the vibrant West Adams area, this property is surrounded by a growing mix of trendy cafes, local dining spots, and convenient amenities. With close proximity to Culver City, Downtown LA, and major freeways, it offers easy access to everything the city has to offer while still maintaining a neighborhood feel. A wonderful opportunity to own a bright and welcoming home in one of LA's most up-and-coming communities.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,175 | 1,480.5 | 19% |
| Lot Size | 3,605 | 6,001.5 | 12% |
| Price | $899.0K | $1.02M | 31% |
| Price per sq ft | $765 | $731 | 60% |
| Built year | 1923 | 1929 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 140 | 4% |
May 4, 2026
$899,000
Initial Listing
Nov 13, 2013
$340,000
Public Record
Dec 2, 2004
$325,000
Public Record