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3031 3033 Vineyard Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 6 bed, 4 bath

3031 3033 Vineyard Avenue, Los Angeles, California 90016 home-pic-0
ACTIVE$1,299,000
3031 3033 Vineyard Avenue, Los Angeles, California 90016
6Beds
4Baths
1,152Sqft
5,202Lot
Year Built
1927
Close
-
List price
$1.3M
Original List price
$1.55M
Price/Sqft
$1,128
HOA
-
Days on market
-
Sold On
-
MLS number
DW25145341
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.30M(70th), sqft - 1152(29th), beds - 6(94th), baths - 4(87th).

This brand-new construction, completed in 2025, offers incredible versatility with two legal addresses: 3031 and 3033 Vineyard Ave. The property includes a 3-bed, 2-bath main home and a detached 3-bed, 2-bath ADU, laundry area inside & new solar panels. Both units are designed with modern finishes, open floor plans, and bright kitchens ideal for comfortable living and entertaining. Built to the latest codes and set on a raised foundation, this property also offers peace of mind with added flood protection. Located in a much-desired neighborhood, west of Jefferson and south of Midcity. Easy access to Culver City, Hollywood, USC, and LAX. Property presents a opportunity for investors, multi-generational living, or simply enjoying the benefits of a spacious and income generating property!

Price History

Date
Event
Price
10/16/25
Price Change
$1,299,000-3.7%
09/20/25
Price Change
$1,349,000-3.6%
08/20/25
Price Change
$1,399,000-6.7%
08/08/25
Price Change
$1,499,000
06/28/25
Listing
$1,549,000
Condition Rating
Excellent
The property is explicitly described as 'brand-new construction, completed in 2025' with 'modern finishes' and 'built to the latest codes.' The images corroborate this, showcasing new laminate/hardwood flooring throughout, recessed lighting, contemporary white shaker-style kitchens with new cabinets, light countertops, and modern black fixtures. The bathrooms feature new light wood vanities, modern black hardware and fixtures, round mirrors, and glass-enclosed showers with clean tiling. All visible components are new, meeting current quality standards, and there is no evidence of deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Design: This is a brand-new construction completed in 2025, featuring modern finishes, open floor plans, and bright kitchens, ensuring contemporary comfort and minimal immediate maintenance.
Dual Legal Addresses & ADU: The property offers exceptional versatility with two legal addresses (3031 and 3033 Vineyard Ave) and includes a detached 3-bed, 2-bath ADU, ideal for multi-generational living or flexible use.
Income Generating Potential: With two separate units, the property presents a significant opportunity for investors or homeowners seeking rental income to offset mortgage costs.
Energy Efficiency & Safety: Equipped with new solar panels for energy savings and built to the latest codes on a raised foundation, offering added flood protection and peace of mind.
Prime Location & Accessibility: Located in a much-desired neighborhood west of Jefferson and south of Midcity, providing easy access to major employment and entertainment hubs like Culver City, Hollywood, USC, and LAX.

Cons

Conflicting Year Built Information: There is a discrepancy between the 'year_built' (1927) and the description stating 'brand-new construction, completed in 2025,' which requires clarification for potential buyers.
Limited Interior Space Per Unit: The total square footage of 1152 for two 3-bed, 2-bath units implies relatively compact living spaces (approximately 576 sqft per unit), which may not suit all buyer needs for spaciousness.
Significant Price Reduction History: The property has undergone multiple price reductions from its original list price, which could indicate initial overpricing or a slower market response, potentially affecting perceived value.

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