
Los Angeles, California 90064
This Colonial Revival Residence represents a High-Potential Investment Opportunity, listed at $3,199,000—positioned well below the $3,340,581 Fair Market Value by 4%. This valuation gap offers $141,581 in Instant Equity. With a Condition Rating of 4, the property requires modernization but offers significant upside through its ADU potential and flexible floor plan. Located in the elite Cheviot Hills neighborhood near Overland Avenue Elementary (9/10), this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2718 Motor Avenue Subject | $3,199,000* List Price | 3 | 4 | 3,620 | $929 | - |
A 10517 Cushdon Avenue Sold | $2,327,000 | 4 | 4 | 3,103 | $750 | 0.8 mi |
B 10575 Cushdon Avenue Sold | $3,250,000 | 4 | 3 | 2,949 | $1,102 | 0.9 mi |
C 10323 Ilona Avenue Sold | $3,700,000 | 5 | 5 | 3,887 | $952 | 0.8 mi |
D 3050 Motor Avenue Active | $2,995,000 List Price | 4 | 3 | 3,341 | $896 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942, the property is well-maintained but shows significant dating. While the kitchen is described as updated, the bathrooms feature 20-30 year old tile work and fixtures. The non-functional fireplace (unused for 20+ years) and older wood-paneled rec room suggest that while livable, the home requires cosmetic and system modernization.
Elementary School: Overland Avenue Elementary School (9/10).
Situated in the highly coveted Cheviot Hills neighborhood, the property is steps from Hillcrest Country Club and zoned for the top-rated Overland Avenue Elementary School (9/10 rating).
The oversized 8,166 sqft lot features a garage with strong ADU potential and a flexible interior layout that allows for an easy conversion into a four-bedroom floor plan.
The fireplace is marketed as decorative only and has not been used in over 20 years, which may necessitate costly inspections or repairs for buyers seeking a functional hearth.
At a $3.199M price point, the current three-bedroom configuration may be perceived as a limitation for families compared to other four or five-bedroom offerings in the area.
Timeless Colonial Revival in Coveted Cheviot Hills: Property recently appraised at 3.25MM, this stately 3-bedroom, 4-bath residence masterfully blends old-world charm with modern amenities in one of Los Angeles' most sought-after neighborhoods. A grand foyer with sweeping staircase sets an elegant tone upon entry, opening to a bright and airy floor plan designed for both gracious living and effortless entertaining. The main level offers spacious formal living and dining rooms, a family room, an expansive rec room, and a third ensuite bedroom, delivering a rare combination of flexibility and function. The layout lends itself to easy conversion into a large downstairs primary suite, creating a true 4-bedroom floor plan. A sun-drenched breakfast nook adjacent to the updated kitchen adds everyday charm. Upstairs, there is a spacious primary suite complemented by a private study, and a second ensuite bedroom. Outside, the oversized lot delivers incredible curb appeal with lush, manicured landscaping front and back, plus a generous yard that extends the entertaining space outdoors. The existing garage presents strong ADU potential, an exceptional value-add opportunity in this market. Steps from Cheviot Hills Park, Hillcrest Country Club, and Fox Studios, this is Westside living at its finest. Fireplace is marketed as decorative only and has not been used in 20+ years.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,620 | 1,664.159 |
| Lot Size | 8,166 | 6,066.556 |
| Price | $3.20M | $1.35M |
| Price per sq ft | $884 | $806 |
| Built year | 1942 | 1939 |
| HOA | $0 | $278 |
| Days on market | 39 | 55 |
Aug 1, 2026
$3,199,000
Initial Listing