2921 Kenwood Avenue, Los Angeles, California 90007, Los Angeles, 90007 - 6 bed, 2 bath
2921 Kenwood Avenue
Los Angeles, California 90007
Property Price
SUMMARY
Analysis of 2921 Kenwood Avenue, Los Angeles, California 90007 reveals a property with a current list price of $1,199,999, which is 14% above the estimated $1,026,810 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2921 Kenwood Avenue Subject | $1,199,999* List Price | 6 | 2 | 2,544 | $404 | - |
A 2501 Juliet Street Sold | $1,205,000 | 6 | 3 | 2,600 | $463 | 0.4 mi |
B 1454 W 28th Street Sold | $1,025,000 | 4 | 1 | 2,601 | $394 | 0.4 mi |
C 1168 W 35th Street Active | $1,299,000 List Price | 7 | 6 | 2,204 | $589 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1913, this property is in very poor condition, requiring substantial repairs and rehabilitation. The kitchen and bathrooms are severely outdated with original or very old fixtures, cabinetry, and appliances, indicating no major renovations in decades. Visible window AC units suggest a lack of central cooling, and flooring throughout (worn hardwood, old carpet, dated linoleum) is in poor shape. The overall aesthetic and functional state of the home necessitates extensive modernization and system replacements (plumbing, electrical, HVAC) to meet current living standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Positioned minutes from USC and within the DPS Patrol Zone, offering high demand for student housing or faculty/staff.
- High Investment & Rental Potential
Explicitly marketed for investors, ideal for rental income, particularly student housing, due to its proximity to USC.
- Significant Development Opportunity
Potential for student housing conversion and the option to purchase adjacent properties (2917/2919 Kenwood Ave) for larger-scale development.
CONSRISKS & DEFICIENCIES
- Historic Property Condition
Built in 1913, the property likely requires significant capital investment for modernization, structural updates, and system replacements (e.g., plumbing, electrical).
- Unverified Development Potential
The potential for student housing conversion is subject to buyer verification, indicating possible zoning, permitting, or cost challenges.
- Inadequate Bathroom Count
Only 2 bathrooms for a 6-bedroom residence is likely insufficient for a large family or multiple tenants, necessitating costly bathroom additions or reconfigurations.
About 2921 Kenwood Avenue
Attention investors or families looking for a Real Estate opportunity! 2921 Kenwood Ave is ready to be purchased. This single family home is located minutes from USC (property is in the DPS Patrol Zone). Great for a big family or investor looking for a rental. Property can possibly be converted into a Student Housing Development area (buyer to verify). This is a probate sale that will not require court confirmation. Property can be sold together with 2917/2919 Kenwood Ave, Los Angeles, CA 90007.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1913
- Lot Size
- 6,573 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.5 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,544 | 1,260 | 88% |
| Lot Size | 6,573 | 3,550.5 | 88% |
| Price | $1.20M | $785.8K | 75% |
| Price per sq ft | $472 | $562 | 38% |
| Built year | 1913 | 1905 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 529 | 226 | 0% |
Pricing History
Listed for Sale
Oct 15, 2025
$1,199,999
$1,399,999
-14% Price Drop
Initial Listing
Price Change
Sep 23, 2024
$1,399,999
Initial Listing