
Los Angeles, California 90018
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $819,000—positioned well below the $946,368 Fair Market Value by 13%. This valuation gap offers $127,368 in Instant Equity. Built in 2026, the home features a Condition Rating of 2, showcasing premium finishes like micro-cement walls and light oak cabinetry. With a private backyard oasis and City Lights views, this property is an ideal choice for Owner-Occupants or first-time buyers seeking modern, maintenance-free living in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2813 1/2 12th Ave Subject 3 bd · 2 ba · 1,247 sqft · $643 | $725,000* List Price | 3 | 2 | 1,247 | $643 | - |
A 2701 Arlington Avenue Active 3 bd · 2 ba · 1,358 sqft · $662 · 0.8 mi | $899,000 List Price | 3 | 2 | 1,358 | $662 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new, ground-up construction home built in 2026. The property features a modern open kitchen with light oak cabinetry and stainless steel appliances, a spa-like primary bathroom with micro-cement walls and freestanding tub, and completely new structural and mechanical systems requiring zero maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7901, living area = 1247.
Built in 2026, this ground-up residence features high-end boutique finishes including micro-cement walls, light oak cabinetry, and a spa-like primary suite that exceeds standard price-point expectations.
The property boasts a rare private oasis with a real grass backyard, mature greenery, and a second-story balcony, providing a serene escape from the urban environment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1247, other record living area = 2169. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property was recently sold within the past year on 2025-10-07. The sold price is $475,000.00.
As a Tenants in Common (TIC) property, buyers will require specialized fractional financing and may face a more complex resale process compared to traditional fee-simple homes.
NEW CONSTRUCTION. Owners in Common ( Tenants in Common/ TIC). Step through the door and the feeling is immediate warm, new, and quietly elevated. This 1,250-square-foot residence is true ground-up new construction, built to a standard well above its price point, with the kind of finishes buyers usually pay a premium for. The kitchen is light and open, finished in light oak cabinetry with a stone-inspired backsplash and stainless appliances refrigerator, gas range, dishwasher with a stacked washer/dryer tucked neatly just off the kitchen for everyday ease. Upstairs, the primary suite is generously sized and grounded by a spa-like bath: a freestanding soaking tub, micro-cement walls, and matte black fixtures that feel more boutique retreat than starter home. Two additional bedrooms offer flexibility for a home office, guest space, or growing family. Then there's the backyard real grass, mature greenery, and enclosing walls that do something few LA yards manage: they make you forget you're in the middle of the city at all. It's not an extension of the block. It's a departure from it a private oasis to slow down in, entertain in, or simply sit outside with your morning coffee. A second-story balcony adds another outdoor moment, ideal for evenings. Side-by-side in design, individually owned in structure this is a residence that delivers new-construction quality and space at a price per square foot that's genuinely rare for this level of finish. Elevated, serene, and built to feel like an escape, even while staying firmly planted in the city you live in.
No exterior & parking available.
Grades K-5 • 0.4 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 | 1,247 | 1,670.836 |
| Lot Size | 7,901 | 6,152.156 |
| Price | $725.0K | $1.34M |
| Price per sq ft | $581 | $807 |
| Built year | 2026 | 1941 |
| HOA | $175.0 | $238 |
| Days on market | 59 | 56 |
Oct 10, 2026
$725,000
$765,000
-5% Price Drop
Initial Listing
Sep 25, 2026
$765,000
$819,000
-7% Price Drop
Initial Listing
Sep 11, 2026
$819,000
Initial Listing
Oct 7, 2025
$475,000
Public Record
Aug 4, 2025
$470,000
Public Record
Aug 22, 2024
$865,000
Public Record