3158 Grand View Boulevard, Los Angeles, California 90066, Los Angeles, 90066 - 4 bed, 3 bath
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Los Angeles, California 90066
This property presents a High-Potential Investment Opportunity with a List Price of $2,995,000—positioned well below the $2,596,709 Fair Market Value by -15%. Featuring a Condition Rating of 5, the home requires significant modernization, yet the 6,278 sq ft lot and City Lights views offer immense upside. Located near Top-Rated Schools like Mar Vista Elementary, this asset is ideal for Buy-and-Hold Investors or Contractors seeking to capitalize on the development potential of this prime Mar Vista Hill location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3158 Grand View Boulevard Subject | $2,995,000* List Price | 4 | 3 | 2,185 | $1,188 | - |
A 11401 Clover Avenue Sold | $2,100,000 | 3 | 3 | 2,111 | $995 | 0.7 mi |
B 3467 St Susan Place Pending | $2,200,000 List Price | 4 | 3 | 2,240 | $982 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948 (78 years old) with no evidence of recent renovations. The listing description emphasizes the lot value and the opportunity to 'renovate, remodel or build new,' which typically indicates that the kitchen, baths, and major systems are at the end of their functional life and require a full rehab.
Situated on one of the most desirable streets in Mar Vista Hill, the property offers a rare sense of community with easy access to beaches, Santa Monica, and major Westside employment hubs.
The 6,278 sq ft lot features an impressive 60 feet of frontage, providing exceptional flexibility for a major renovation or the construction of a new luxury estate with potential upper-floor views.
The property is located less than half a mile from the highly-regarded Mar Vista Elementary School (Rating 8), making it an ideal choice for families and supporting long-term property value.
Built in 1948, the existing structure likely requires substantial modernization or a complete rebuild to meet contemporary luxury standards, necessitating significant additional capital investment.
With a list price near $3 million, the property represents a high initial investment for a project marketed primarily for its land value and future potential, which may limit the buyer pool to developers or high-budget end-users.
Exceptional opportunity awaits on one of Mar Vista Hill's most desirable streets. Situated on an approximately 6,278 sq ft lot with roughly 60 feet of front footage, the 4 BR/3 BA home offers that rare combination of location, flexibility and future potential. Whether the decision is to renovate, remodel or build new, the true value proposition is the location itself. With nearby parks, Little League fields and a strong neighborhood identity, Mar Vista Hill offers a genuine sense of community rarely found on today's Westside. Residents enjoy easy access to beaches, Santa Monica, Century City, Westwood, DTLA, LAX and the 405 and 10 Freeways. Potential exists for upper-floor view corridors, subject to buyer verification. The lot's width, frontage, development flexibility and location distinguish it from most other competing opportunities currently available in the marketplace.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,185 | 1,672 |
| Lot Size | 6,278 | 6,067 |
| Price | $3.00M | $1.37M |
| Price per sq ft | $1.4K | $801 |
| Built year | 1948 | 1939 |
| HOA | $0 | $348 |
| Days on market | 40 | 56 |
Jun 12, 2026
$2,995,000
Initial Listing