
Los Angeles, California 90066
This Strong Value Opportunity is a 5-bedroom, 4-bathroom Single Family Residence listed at $2,999,000—positioned well below the $2,808,071 Fair Market Value by -6%. While the property requires cosmetic updates, its Condition Rating of 4 and massive 7,565 sqft lot provide a blank canvas for value-add renovations. Featuring solar panels and a water filtration system, this home is located near top-rated schools like Mar Vista Elementary. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity in a prime Mar Vista location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3256 Butler Avenue Subject 5 bd · 4 ba · 3,200 sqft · $864 | $2,999,000* List Price | 5 | 4 | 3,200 | $864 | - |
A 3004 Stoner Avenue Sold 5 bd · 4 ba · 2,900 sqft · $994 · 0.5 mi | $2,882,000 | 5 | 4 | 2,900 | $994 | 0.5 mi |
B 12542 Brooklake Street Sold 4 bd · 3 ba · 2,686 sqft · $1,015 · 0.9 mi | $2,725,000 | 4 | 3 | 2,686 | $1,015 | 0.9 mi |
C 12317 Navy Street Sold 3 bd · 3 ba · 2,530 sqft · $1,028 · 0.8 mi | $2,600,000 | 3 | 3 | 2,530 | $1,028 | 0.8 mi |
D 11979 Woodbine Street Sold 4 bd · 4 ba · 2,478 sqft · $936 · 0.5 mi | $2,320,000 | 4 | 4 | 2,478 | $936 | 0.5 mi |
E 3158 Grand View Boulevard Sold 4 bd · 3 ba · 2,185 sqft · $1,041 · 0.7 mi | $2,275,000 | 4 | 3 | 2,185 | $1,041 | 0.7 mi |
F 3010 Stoner Avenue Sold 3 bd · 4 ba · 1,970 sqft · $1,117 · 0.5 mi | $2,200,000 | 3 | 4 | 1,970 | $1,117 | 0.5 mi |
G 11359 Biona Drive Sold 4 bd · 2 ba · 2,256 sqft · $988 · 0.8 mi | $2,230,000 | 4 | 2 | 2,256 | $988 | 0.8 mi |
H 3173 Butler Avenue Active Under Contract 6 bd · 5 ba · 3,899 sqft · $820 · 0.1 mi | $3,199,000 List Price | 6 | 5 | 3,899 | $820 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this home is functional but dated. While it features modern upgrades like solar panels and a water filtration system, the interior finishes—including the kitchen refresh and older flooring—are over 20 years old in style. The listing description explicitly notes that new paint and flooring are needed to elevate the property, fitting the criteria for a dated home needing minor updates.
Situated in the highly sought-after Mar Vista neighborhood, the property offers a rare combination of a large 7,565 sqft lot on a quiet, tree-lined street near top-rated schools and local amenities.
With 5 bedrooms, 4 bathrooms, and 3,200 sqft of living area, this two-story home provides a functional layout and scale that is difficult to find in this competitive market.
The inclusion of solar panels and a full-home water filtration system provides immediate utility savings and environmental benefits, adding modern value to the classic structure.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3200, other record living area = 1412. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The property needs immediate investment in new flooring and paint to modernize the interior and reach its full market potential.
Originally built in 1948, the home may require additional scrutiny of its older systems and structural components compared to newer builds in the area.
Rare opportunity on a large lot in one of the Westside's most sought-after neighborhoods. This spacious two-story home offers 5 bedrooms and 4 bathrooms in a thoughtful, functional layout with abundant storage throughout. Large tree lined streets with sidewalks give access to the nearby recreation center, park, community pool, schools and restaurants. The location is unbeatable to access all parts of LA lifestyle. The home is perfectly positioned for a buyer looking to add immediate value. Paint and new flooring would elevate this property in a strong and desirable market. A rare combination of size, lot, and location in Mar Vista. The property is equipped with solar panels and a full water filtration system.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,200 | 1,670.836 |
| Lot Size | 7,565 | 6,152.156 |
| Price | $3.00M | $1.34M |
| Price per sq ft | $937 | $807 |
| Built year | 1948 | 1941 |
| HOA | $0 | $238 |
| Days on market | 50 | 56 |
Sep 20, 2026
$2,999,000
Initial Listing
Aug 15, 2000
$699,000
Public Record