2936 Edgehill Drive, Los Angeles, California 90018, Los Angeles, 90018 - 2 bed, 1 bath
ACTIVE$734,999
2936 Edgehill Drive, Los Angeles, California 90018
2Beds
1Bath
979Sqft
6,400Lot
Price Vs. Estimate
The estimated value ($659,013.21) is $75,985.79 (10%) lower than the list price ($734,999). This property may be overpriced.
Key pros and cons
Top Pros:
Development Potential: The property boasts a rare oversized 6400 sqft lot with explicit potential for adding an ADU, expanding the existing structure, or complete redevelopment, offering significant value creation opportunities.
Top Cons:
Extensive Renovation Required: Explicitly described as a 'fixer-upper,' the property will require significant capital investment and effort for restoration, repairs, or modernization.
Compared to the nearby listings
Price:$735.0K vs avg $875.0K ($-140,001)23%
Size:979 sqft vs avg 1,508 sqft14%
Price/sqft:$751 vs avg $62472%
More Insights
Built in 1923 (102 years old).
Condition: Built in 1923 and explicitly marketed as a 'fixer-upper' requiring 'extensive renovation,' this property is in very poor condition. The kitchen features extremely outdated wood cabinets, old appliances, and worn flooring, necessitating a complete gut renovation. Bathrooms are similarly dated. Throughout the home, there are old, stained carpets, popcorn ceilings, and outdated light fixtures. All major systems are likely at or past their useful life, requiring substantial repairs and rehabilitation to meet modern standards.
Year Built
1923
Close
-
List price
$735K
Original List price
$750K
Price/Sqft
$751
HOA
-
Days on market
-
Sold On
-
MLS number
DW25197207
Home ConditionPoor
Features
ViewNeighborhood
About this home
**Investor/Developer Special!** Rare oversized lot in 90018. This classic fixer-upper is full of character and potential—perfect for cash buyers and investors looking to restore and maximize value. Endless potential to add an **ADU**, expand, or redevelop. Centrally located near DTLA, USC, Culver City, and West Adams’ dining and arts scene. A prime opportunity to create value in one of LA’s fastest-growing neighborhoods. Bring your vision and unlock this property’s full potential!
Nearby schools
3/10
Sixth Avenue Elementary School
Public,•K-5•0.4mi
5/10
Virginia Road Elementary School
Public,•K-5•0.5mi
3/10
Arlington Heights Elementary School
Public,•K-5•1.0mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•1.0mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•1.2mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•1.2mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.0mi
2/10
Audubon Middle School
Public,•6-8•1.3mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.0mi
5/10
Foshay Learning Center
Public,•K-12•1.5mi
4/10
Los Angeles Senior High School
Public,•9-12•2.0mi
4/10
West Adams Preparatory High School
Public,•9-12•2.5mi
Condition Rating
Poor
Built in 1923 and explicitly marketed as a 'fixer-upper' requiring 'extensive renovation,' this property is in very poor condition. The kitchen features extremely outdated wood cabinets, old appliances, and worn flooring, necessitating a complete gut renovation. Bathrooms are similarly dated. Throughout the home, there are old, stained carpets, popcorn ceilings, and outdated light fixtures. All major systems are likely at or past their useful life, requiring substantial repairs and rehabilitation to meet modern standards.
Pros & Cons
Pros
Development Potential: The property boasts a rare oversized 6400 sqft lot with explicit potential for adding an ADU, expanding the existing structure, or complete redevelopment, offering significant value creation opportunities.
Prime Central Location: Strategically located near major Los Angeles hubs including DTLA, USC, Culver City, and the vibrant West Adams dining and arts scene, positioning it in one of LA's fastest-growing neighborhoods.
Investment Opportunity: Marketed as an 'Investor/Developer Special,' this property presents a clear opportunity for substantial return on investment through restoration or redevelopment in a high-demand area.
Historic Character: As a classic 1923 build, the property is described as 'full of character,' appealing to buyers interested in preserving historical charm while modernizing.
Recent Price Adjustment: A recent price reduction from $749,999 to $734,999 may indicate increased seller motivation and a potentially more attractive entry point for buyers.
Cons
Extensive Renovation Required: Explicitly described as a 'fixer-upper,' the property will require significant capital investment and effort for restoration, repairs, or modernization.
Age of Property: Built in 1923, the property is likely to have outdated systems, infrastructure, and potential structural issues that will necessitate costly upgrades to meet current standards and preferences.
Limited Buyer Pool: The description targets 'cash buyers and investors,' suggesting that traditional financing may be challenging due to the property's condition, thereby narrowing the potential market of purchasers.