2857 S West View Street, Los Angeles, California 90016, Los Angeles, 90016 - bed, bath
ACTIVE$1,100,000
2857 S West View Street, Los Angeles, California 90016
0Bed
0Bath
1,680Sqft
5,250Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Development Potential: Positioned on a corner lot with a generous 5,250 sqft, explicitly noted as a 'GREAT DEVELOPMENT OPPORTUNITY,' offering significant value-add prospects.
Top Cons:
Property Age: Built in 1921, the property likely requires substantial updates, renovations, or system replacements to meet modern standards and maximize rental income.
Compared to the nearby listings
Price:$1.10M vs avg $1.10M (+$0)50%
Size:1,680 sqft vs avg 1,680 sqft50%
Price/sqft:$655 vs avg $45586%
More Insights
Built in 1921 (104 years old).
Condition: Built in 1921, this property is over 100 years old. The images reveal extremely outdated conditions in both the kitchen and bathroom, suggesting renovations, if any, occurred 30-50+ years ago. The kitchen features old appliances, laminate countertops, and dated cabinetry, while the bathroom has a pedestal sink, old tiling, and basic fixtures. The listing itself highlights it as a 'development opportunity' requiring 'substantial updates, renovations, or system replacements' and 'significant capital investment.' While currently livable, it requires extensive rehabilitation to meet modern standards and comfort.
Year Built
1921
Close
-
List price
$1.1M
Original List price
$1.18M
Price/Sqft
$655
HOA
-
Days on market
-
Sold On
-
MLS number
TR24248161
Home ConditionPoor
Features
Patio
View-
About this home
CORNER LOT ON THE WEST SIDE ADJACENT TO CULVER CITY. GREAT DEVELOPMENT OPPORTUNITY. 2 BEDROOMS 1 BATH IN EACH UNIT BOTHE HAVE INDEPENDENT YARD SPACE.UNITS TWO SEPERATE BULDINGS.CONVIENT TO SHOPPING MAJOR STORES, TRANSPORTATION, METRO STATION, AND NEAR SCHOOLS.
Nearby schools
5/10
Cienega Elementary School
Public,•K-5•0.3mi
5/10
Virginia Road Elementary School
Public,•K-5•0.7mi
6/10
Marvin Elementary School
Public,•K-5•0.8mi
6/10
Baldwin Hills Elementary School
Public,•K-5•0.9mi
4/10
Alta Loma Elementary School
Public,•K-5•1.2mi
3/10
Sixth Avenue Elementary School
Public,•K-5•1.6mi
3/10
Arlington Heights Elementary School
Public,•K-5•1.8mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.7mi
2/10
Audubon Middle School
Public,•6-8•1.8mi
3/10
Daniel Webster Middle School
Public,•6-8•4.8mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•0.5mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•2.2mi
Price History
Date
Event
Price
04/26/07
Sold
$633,000
12/03/04
Sold
$400,000
07/16/04
Sold
$230,000
Condition Rating
Poor
Built in 1921, this property is over 100 years old. The images reveal extremely outdated conditions in both the kitchen and bathroom, suggesting renovations, if any, occurred 30-50+ years ago. The kitchen features old appliances, laminate countertops, and dated cabinetry, while the bathroom has a pedestal sink, old tiling, and basic fixtures. The listing itself highlights it as a 'development opportunity' requiring 'substantial updates, renovations, or system replacements' and 'significant capital investment.' While currently livable, it requires extensive rehabilitation to meet modern standards and comfort.
Pros & Cons
Pros
Development Potential: Positioned on a corner lot with a generous 5,250 sqft, explicitly noted as a 'GREAT DEVELOPMENT OPPORTUNITY,' offering significant value-add prospects.
Strategic Location: Situated in Los Angeles, adjacent to the highly desirable Culver City, enhancing its appeal and potential for appreciation.
Income-Generating Asset: A duplex with two separate buildings, each featuring 2 beds/1 bath and independent yard space, providing immediate rental income potential.
Exceptional Accessibility: Highly convenient access to major shopping, transportation hubs, Metro station, and a selection of well-rated schools.
Desirable Lot Configuration: Corner lot status provides increased privacy, natural light, and flexibility for future development or expansion.
Cons
Property Age: Built in 1921, the property likely requires substantial updates, renovations, or system replacements to meet modern standards and maximize rental income.
Recent Price Reduction: The current list price of $1,100,000, reduced from an original $1,175,000, suggests potential overpricing or challenges in attracting buyers at the initial asking price.
Capital Expenditure Required: Given its age and 'development opportunity' designation, significant capital investment will likely be necessary for renovation, modernization, or redevelopment to unlock its full potential.