
Los Angeles, California 90064
This property presents a High-Potential Investment Opportunity with a List Price of $1,999,000—positioned well below the $2,112,381 Fair Market Value by 5%. This valuation gap offers $113,381 in Instant Equity for buyers. Featuring a Condition Rating of 5, this 1941 residence requires a comprehensive renovation to modernize its original systems. Located in the prestigious Cheviot Hills neighborhood within the Overland Avenue Elementary (9/10) school district, this is a prime acquisition for Fix-and-Flip Investors or Contractors seeking significant value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3024 Manning Avenue Subject 4 bd · 2 ba · 2,604 sqft · $811 | $1,999,000* List Price | 4 | 2 | 2,604 | $811 | - |
A 10537 Northvale Road Sold 4 bd · 3 ba · 2,229 sqft · $830 · 0.2 mi | $1,850,000 | 4 | 3 | 2,229 | $830 | 0.2 mi |
B 10614 Cushdon Avenue Sold 5 bd · 2 ba · 2,276 sqft · $980 · 0.6 mi | $2,231,000 | 5 | 2 | 2,276 | $980 | 0.6 mi |
C 10525 Almayo Avenue Sold 3 bd · 2 ba · 2,144 sqft · $889 · 0.8 mi | $1,905,000 | 3 | 2 | 2,144 | $889 | 0.8 mi |
D 10517 Cushdon Avenue Sold 4 bd · 4 ba · 3,103 sqft · $750 · 0.6 mi | $2,327,000 | 4 | 4 | 3,103 | $750 | 0.6 mi |
E 3050 Motor Avenue Pending 4 bd · 3 ba · 3,341 sqft · $748 · 0.2 mi | $2,499,000 List Price | 4 | 3 | 3,341 | $748 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1941 with original kitchen and bath details, this 83-year-old property is explicitly marketed as a 'fixer' for investors or builders. The interior features dated wood paneling, aged flooring, and original systems that require a total rehab to meet modern standards.
Elementary School: Overland Avenue Elementary School (9/10).
Situated in the prestigious Cheviot Hills neighborhood, the property offers exceptional walkability to local parks and the Griffin Club, with rapid access to Century City and Santa Monica.
The home is located within the highly coveted Overland Avenue Elementary school district, which boasts a 9/10 rating and serves as a major value driver for families.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is being sold in as-is condition and is explicitly marketed as a fixer, requiring substantial capital expenditure for modern upgrades and repairs.
Retaining many original 1941 details and finishes, the home likely requires a comprehensive overhaul of its core systems to meet contemporary luxury standards.
Welcome to this Sweet Home in the Heart of Cheviot Hills. Many original details with a Large Beautiful Bay window, hardwood floors, and an original bathroom with original tiles. This home features lots of character with a breakfast nook looking out to the backyard. Covered patio and large backyard with lot of trees and privacy. Attached garage with separate entrance. This home has large bedrooms and ample closet space. This special home is looking for a new family to either restore it or a great fixer for an investor/builder. This home has a lot of charm and in the wonderful neighborhood of Cheviot Hills and in the award winning Overland Elementary school district. This home is being Sold As-Is and is looking for the perfect owners. Walking distance to The Griffen Club, Cheviot Hills Park and Palms Park, Minutes to Century City, the 10 Freeway to Downtown or Santa Monica.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,604 | 1,670.836 |
| Lot Size | 7,151 | 6,152.156 |
| Price | $2.00M | $1.34M |
| Price per sq ft | $768 | $807 |
| Built year | 1941 | 1941 |
| HOA | $0 | $238 |
| Days on market | 28 | 56 |
Oct 12, 2026
$1,999,000
Initial Listing