
Los Angeles, California 90292
Analysis of 3221 Thatcher Avenue, Los Angeles, California 90292 is currently available with a list price of $1,449,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is 53 years old (built 1971) and remains in original condition with no significant renovations. The kitchen and bathrooms feature original 1970s cabinetry and tile, and the interior shows dated popcorn ceilings and worn carpeting. The listing explicitly suggests the potential to build a brand-new custom home, aligning with the criteria for a property over 50 years old with no renovations.
Situated in the prestigious Oxford Triangle of Marina del Rey, the property offers a quiet residential setting within walking distance to world-class dining, shopping, and beaches.
As an original 1971 residence surrounded by high-value contemporary homes, this property serves as an ideal canvas for a high-end remodel or a custom architectural rebuild.
The layout features multiple points of access to private outdoor spaces, including a recently resurfaced deck and a private patio, maximizing the coastal living experience.
The home retains its original 1971 finishes and systems, necessitating a substantial capital investment for modern upgrades, repairs, and aesthetic improvements.
With a 2,500 square foot lot and a single-car garage, the property offers limited yard space and restricted off-street parking options.
Discover an exceptional opportunity in the highly sought-after Oxford Triangle neighborhood of Marina del Rey. Lovingly owned by the same family since its original construction in 1971, 3221 Thatcher Ave offers the chance to thoughtfully remodel an original mid-century residence or build a custom home in one of the Westside's premier coastal neighborhoods. Tucked away on a quiet residential street, the home offers a peaceful setting while remaining just moments from Marina del Rey's shopping, dining, entertainment, bike paths, and beaches. Surrounded by beautifully remodeled contemporary homes, the property showcases the potential of this desirable location. Inside, the home retains many of its original late mid-century details, including vintage lighting fixtures, tilework, and period design elements throughout. Upstairs, two spacious bedrooms are connected by a shared Jack-and-Jill bathroom. The front bedroom features a brick fireplace with distinctive original tile accents and walk-in closet, while the rear bedroom opens through sliding doors to a recently resurfaced private deck creating an inviting space to enjoy morning coffee or unwind in the evening. The main level features a generously sized living room with a second fireplace, a powder room, kitchen, and a versatile den that opens through sliding doors to a private patio, creating a seamless connection between the indoor and outdoor living spaces. Side-by-side laundry hookups are conveniently located inside the home. A one-car garage and additional driveway parking provide convenient off-street parking. Whether you envision preserving the home's original character with a thoughtful renovation or creating a brand-new architectural residence, 3221 Thatcher Ave presents a rare opportunity to bring your vision to life. With its quiet Oxford Triangle location, surrounding remodeled homes, and close proximity to the best of Marina del Rey and Venice, this is a property where location and potential come together.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,654 | 1,664.159 |
| Lot Size | 2,500 | 6,066.556 |
| Price | $1.45M | $1.35M |
| Price per sq ft | $876 | $806 |
| Built year | 1971 | 1939 |
| HOA | $0 | $278 |
| Days on market | 41 | 55 |
Sep 1, 2026
$1,449,000
$1,495,000
-3% Price Drop
Initial Listing
Jul 30, 2026
$1,495,000
Initial Listing