2957 Midvale Avenue, Los Angeles, California 90064, Los Angeles, 90064 - 5 bed, 3 bath
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2957 Midvale Avenue
Los Angeles, California 90064
ACTIVE
CONDITION: EXCELLENT
5Beds
3Baths
2,950Sq Ft
7,112Lot Size
Property Price
LIST PRICE$2,395,000
EST. MARKET VALUE
$2,487,757
3% BelowMARKET VALUE
SUMMARY
This Turnkey Multi-Unit Property represents a Strong Value Opportunity, listed at $2,395,000—positioned well below the $2,487,757 Fair Market Value by 3%. This valuation gap offers $92,757 in Instant Equity. Featuring a Mint Condition Rating, the home includes a renovated main residence and a permitted 2021 ADU. Located in the Clover Elementary School district, this asset provides exceptional income potential and modern upgrades. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield, move-in ready Westside residence.
Estimated Market Value
$2,487,757+$92,757 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2957 Midvale Avenue Subject | $2,395,000* List Price | 5 | 3 | 2,950 | $843 | - |
A 2747 Glendon Avenue Sold | $2,675,000 | 4 | 3 | 2,619 | $1,021 | 0.3 mi |
B 2725 Veteran Avenue Sold | $2,330,000 | 4 | 3 | 2,592 | $899 | 0.3 mi |
C 2801 Glendon Avenue Sold | $1,850,000 | 5 | 3 | 2,366 | $782 | 0.3 mi |
D 2905 Veteran Avenue Sold | $2,100,000 | 4 | 4 | 2,935 | $716 | 0.2 mi |
E 2926 S Bentley Avenue Sold | $1,850,000 | 4 | 3 | 2,258 | $819 | 0.3 mi |
F 2811 Glendon Avenue Sold | $1,800,000 | 4 | 3 | 2,030 | $887 | 0.2 mi |
G 2621 Veteran Avenue Active | $2,849,000 List Price | 6 | 5 | 2,775 | $1,027 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features a comprehensive renovation within the last 5 years and a permitted ADU completed in 2021. It includes a modern chef's kitchen with quartz countertops, high-end fixtures, and updated bathrooms. All major systems—including the roof, HVAC, plumbing, and electrical—are recently upgraded, meeting the criteria for mint condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Overland Avenue Elementary School (9/10).
- Significant Income Potential
The property includes a newer, permitted 3-bedroom, 3-bathroom ADU with its own entrance and solar panels, offering exceptional flexibility for high-yield rental income or multi-generational living.
- Prime Westside Location
Situated in the coveted Clover Elementary district near the new Google headquarters, UCLA, and major transit, this location ensures strong long-term value and lifestyle convenience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2950, other record living area = 2994. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 8.
- Limited Outdoor Space
With two substantial dwellings occupying a 7,112-square-foot lot, the remaining private yard space may feel constrained for buyers prioritizing expansive outdoor areas.
- Lack of Scenic Views
The property is noted as having no views, which may be a competitive disadvantage compared to other high-end listings in the West Los Angeles area that offer city or hillside vistas.
About 2957 Midvale Avenue
Beautifully renovated single-story traditional home with a newer permitted ADU in a prime Westside location. The approximately 1,750-square-foot main residence offers 5 bedrooms and 3 bathrooms with a bright, open floor plan and an abundance of natural light. The spacious chef's kitchen features custom cabinetry, a large prep island with quartz countertops, stainless-steel appliances, and high-end fixtures. Additional upgrades include engineered flooring, in-unit laundry, a newer roof, HVAC system, plumbing, and electrical. The permitted 3-bedroom, 3-bathroom ADU, completed in 2021, provides exceptional flexibility and income potential. Featuring a separate entrance, full kitchen, in-unit washer and dryer, and solar panels, the ADU is ideal for rental income, extended family, guests, or a private workspace. Located within the coveted Clover Elementary School district and close to Trader Joe's, shops, restaurants, the Metro Expo/Westwood Station, UCLA, Century City, the new Google headquarters, and numerous places of worship. A rare opportunity for an owner-user or investor seeking a beautifully updated property with substantial rental and lifestyle appeal.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1945
- Lot Size
- 7,112 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Clover Avenue Elementary School
Grades K-5 • 0.3 mi
8/10
Overland Avenue Elementary School
Grades K-5 • 0.6 mi
9/10
Palms Elementary School
Grades K-5 • 0.8 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,950 | 1,664.159 |
| Lot Size | 7,112 | 6,066.556 |
| Price | $2.40M | $1.35M |
| Price per sq ft | $812 | $806 |
| Built year | 1945 | 1939 |
| HOA | $0 | $278 |
| Days on market | 43 | 55 |
Pricing History
Listed for Sale
Jul 28, 2026
$2,395,000
Initial Listing
Sold
Jul 28, 2021
$2,200,000
Public Record
Sold
Aug 9, 2018
$1,300,000
Public Record
Sold
Feb 14, 2014
$350,000
Public Record