2716 Thurman Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 2 bath
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Los Angeles, California 90016
This property presents a High-Potential Investment Opportunity with a List Price of $925,000—positioned above the $887,168 Fair Market Value by 4%. While the property requires a comprehensive renovation due to its Condition Rating of 5, the 5,001 square foot lot and quiet cul-de-sac location in the West Adams District provide a solid foundation for value-add strategies. The home features a patio and significant potential for modernization. This asset is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2716 Thurman Avenue Subject | $925,000* List Price | 3 | 2 | 1,377 | $644 | - |
A 2738 Thurman Sold | $856,000 | 3 | 1 | 1,075 | $796 | 0.0 mi |
B 2207 S Cochran Sold | $870,000 | 2 | 1 | 1,241 | $701 | 0.9 mi |
C 5577 Homeside Avenue Sold | $665,000 | 3 | 2 | 1,070 | $621 | 0.2 mi |
D 3520 Carmona Avenue Sold | $880,000 | 3 | 2 | 1,380 | $638 | 0.5 mi |
E 2430 S Cochran Avenue Sold | $740,000 | 2 | 1 | 1,340 | $552 | 0.7 mi |
F 2524 Alsace Ave Sold | $710,000 | 3 | 2 | 1,071 | $663 | 0.8 mi |
G 3411 S Cochran Avenue Sold | $1,050,000 | 3 | 2 | 1,572 | $668 | 0.5 mi |
H 5639 Coliseum Street Sold | $1,000,000 | 3 | 2 | 1,415 | $707 | 0.8 mi |
I 5600 Smiley Active | $899,000 List Price | 3 | 2 | 1,266 | $710 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948 with the last significant updates appearing to be from the 1970s, the property is well beyond the 30-year threshold for modern systems and finishes. Visible popcorn ceilings, dated 1970s-style cabinetry, and surface-mounted electrical conduit indicate that the home requires a comprehensive rehab and system modernization as suggested by the listing's call to 'reimagine' the space.
Situated in the highly sought-after West Adams District, the property is nestled on a quiet, low-traffic cul-de-sac, offering a rare sense of privacy and community in a central Los Angeles neighborhood.
With a solid foundation and long-term family ownership since the 1960s, this home serves as an ideal 'blank canvas' for investors or owner-users looking to build equity through a comprehensive renovation.
The 5,000-square-foot lot provides a generous footprint for the area, offering ample space for potential expansions, ADU possibilities, or enhanced outdoor living areas.
The property features 1970s-era finishes and likely requires significant capital investment to modernize the systems, kitchen, and living spaces to meet current market standards.
The current 1.5-bathroom layout for a three-bedroom home is below modern expectations for the price point, potentially requiring a structural reconfiguration to add a full second bath.
This single-family home is located in the West Adams District of Los Angeles, one of the city's highly sought after-areas. This 1970s-era property features 3 bedrooms and 1.5 bathrooms, 1,377 square feet of living space, sitting on a 5,000 square foot lot. The home offers a solid foundation with tremendous potential for renovation and personalization. Nestled on a quiet cul-de-sac in a low-traffic, community-oriented neighborhood. Owned by the same family since the 1960s, this property presents an excellent opportunity for buyers looking to remodel, update, or reimagine the home to suit today's lifestyle. No sign on property,
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,377 | 1,672 |
| Lot Size | 5,001 | 6,067 |
| Price | $925.0K | $1.37M |
| Price per sq ft | $672 | $801 |
| Built year | 1948 | 1939 |
| HOA | $0 | $348 |
| Days on market | 14 | 56 |
Jul 8, 2026
$925,000
Initial Listing