
Los Angeles, California 90064
This Value-Add Westside Residence represents a High-Potential Investment Opportunity, listed at $1,200,000—positioned well below the $1,214,033 Fair Market Value by 1%. This valuation gap offers $14,033 in Instant Equity. Featuring a Condition Rating of 4, the property is a prime remodel candidate on a 5,502 sq ft lot with mature fruit trees. Located within walking distance to Richland Avenue Elementary, it balances lifestyle appeal with significant appreciation potential. This is an ideal acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2735 Barry Avenue Subject | $1,200,000* List Price | 2 | 1 | 892 | $1,361 | - |
A 11735 Tennessee Avenue Sold | $1,300,000 | 2 | 1 | 1,064 | $1,222 | 0.7 mi |
B 2716 Veteran Avenue Sold | $1,400,000 | 2 | 2 | 1,130 | $1,239 | 0.9 mi |
C 2506 Corinth Avenue Sold | $1,070,000 | 2 | 1 | 996 | $1,074 | 0.5 mi |
D 2535 Veteran Avenue Sold | $1,500,000 | 2 | 1 | 1,087 | $1,380 | 1.0 mi |
E 11840 Tennessee Place Sold | $1,075,000 | 2 | 1 | 932 | $1,153 | 0.7 mi |
F 2575 S Barrington Avenue Active | $889,900 List Price | 2 | 1 | 720 | $1,236 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, this property is well-maintained but largely original, featuring dated infrastructure and a small 2-bedroom, 1-bathroom footprint. While the exterior is manicured and the roof was replaced approximately 10 years ago, the listing explicitly markets the home as a remodel opportunity, suggesting that the kitchen, bathroom, and interior systems require modernization to meet current market standards.
Situated in a highly desirable West LA neighborhood adjacent to Westdale and Mar Vista, the property offers excellent proximity to Santa Monica, Century City, and walkable access to Richland Avenue Elementary.
The 5,502 square foot lot includes a large backyard with mature fruit trees and a manicured front yard, providing rare outdoor space and privacy for the area.
With a smaller existing footprint on a generous lot, this property serves as an ideal canvas for a value-add remodel or expansion in a high-demand market.
At only 892 square feet with a 2-bedroom, 1-bathroom configuration, the current living area is quite small and may require a costly addition to meet modern buyer expectations.
Built in 1949 and marketed as a remodel opportunity, the home likely requires substantial capital investment to modernize the interior finishes and core systems beyond the 10-year-old roof.
Located in one of West LA's most desirable neighborhoods, adjacent to Westdale/ Mar Vista, this home features a large backyard with mature fruit trees, a manicured front yard, and a one-car attached garage (plus driveway parking). Just minutes from Santa Monica, Playa Vista, and Century City, and within walking distance to Richland Avenue Elementary School, the property is ideally situated on a beautiful tree-lined street near local cafes, shops, and restaurants. Whether you're looking to remodel and make it your own or invest in a great opportunity, this home offers incredible potential. (Per owner, the roof was replaced approximately 10 years ago.) Don't miss this lovely home in such a convenient and sought-after neighborhood!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 12% |
| Baths | 1.0 | 3.0 | 9% |
| Square foot | 892 | 2,183 | 3% |
| Lot Size | 5,502 | 6,255 | 18% |
| Price | $1.20M | $2.20M | 8% |
| Price per sq ft | $1.3K | $1.1K | 87% |
| Built year | 1949 | 1947 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 188 | 4% |
Mar 20, 2026
$1,200,000
Initial Listing