
Los Angeles, California 90066
This contemporary residence represents a Strong Value Opportunity, listed at $3,695,000—positioned well below the $3,815,742 Fair Market Value by 3%. This valuation gap offers $120,742 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home offers a versatile 3,871-square-foot floor plan, a private backyard oasis, and City Lights views. With proximity to top-rated schools like Mar Vista Elementary, this property is an ideal acquisition for Owner-Occupants or discerning investors seeking a high-potential asset in a premier neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3470 Cabrillo Boulevard Subject | $3,695,000* List Price | 5 | 5 | 3,871 | $986 | - |
A 3218 Maplewood Avenue Sold | $4,000,000 | 5 | 5 | 3,660 | $1,093 | 0.5 mi |
B 3554 Frances Avenue Sold | $4,125,000 | 4 | 4 | 3,795 | $1,087 | 0.2 mi |
C 11813 Woodbine Street Sold | $4,495,000 | 5 | 5 | 4,164 | $1,079 | 0.8 mi |
D 3524 Grand View Boulevard Sold | $3,999,975 | 5 | 6 | 3,930 | $1,018 | 0.5 mi |
E 13235 Lake Street Sold | $3,850,000 | 5 | 5 | 3,624 | $1,062 | 0.6 mi |
F 12506 Appleton Way Sold | $4,067,000 | 4 | 5 | 3,500 | $1,162 | 0.2 mi |
G 12134 Lawler Sold | $3,200,000 | 4 | 4 | 3,437 | $931 | 0.6 mi |
H 3364 Redwood Avenue Sold | $3,600,000 | 5 | 5 | 4,134 | $871 | 0.5 mi |
I 3611 Meier Street Active | $4,495,000 List Price | 5 | 5 | 3,721 | $1,208 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this 18-year-old property falls within the 10-20 year range for 'Good' condition. The home is well-maintained and move-in ready with functional systems. While the kitchen cabinetry and granite countertops are slightly dated by modern standards, the contemporary architecture and overall interior/exterior maintenance remain in high-quality, functional condition.
Offered at the lowest price per square foot for newer construction in Mar Vista, the property presents significant upside potential given that neighboring homes have sold between $5,000,000 and $7,000,000.
Situated on one of Mar Vista's most coveted streets, the expansive 7,009-square-foot lot is significantly larger than average for the area, providing a rare sense of space and privacy on the Westside.
Built in 2008, this contemporary residence features a generous 3,871-square-foot layout with five bedrooms and flexible spaces that cater perfectly to modern work-from-home needs and indoor-outdoor entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3871, other record living area = 3651. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
While the area is served by some high-performing schools, several assigned elementary and middle schools carry lower ratings (4-6), which may be a concern for education-focused families.
Although marketed as newer construction, the 2008 build date means the home is approaching 20 years of age, likely requiring upcoming capital expenditures for system maintenance or cosmetic modernizing to stay competitive.
Located on one of Mar Vista's most coveted streets, north of Palms and west of Centinela, this exceptional contemporary residence presents an outstanding opportunity in one of the Westside's most sought-after neighborhoods. Offered at the lowest price per square foot for newer construction in all of Mar Vista, this home is clearly positioned as a one-of-a-kind opportunity. Homes nearby have sold between $5,000,000 and $7,000,000. Situated on an expansive 7,009-square-foot lot, the home offers an exceptionally spacious and versatile floor plan with multiple versatile spaces for working, living, entertaining, or accommodating guests, designed for both comfortable everyday living and effortless entertaining. Modern architecture, generous living spaces, and seamless indoor-outdoor flow create an inviting atmosphere throughout. The beautifully landscaped grounds provide a tranquil setting with mature specimen trees that enhance both privacy and curb appeal. The private backyard oasis features crepe myrtle, ginkgo, Japanese maple, and kumquat trees, while the front yard is accented by vibrant jacaranda, crepe myrtle, and dwarf Japanese maple trees, creating a picturesque setting year-round. With its premier location, generous lot size, contemporary design, unmatched value, private backyard oasis, and flexible living spaces, this is a rare opportunity to own a newer construction home in one of Mar Vista's most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,871 | 1,672 |
| Lot Size | 7,009 | 6,067 |
| Price | $3.69M | $1.37M |
| Price per sq ft | $955 | $801 |
| Built year | 2008 | 1939 |
| HOA | $0 | $348 |
| Days on market | 13 | 56 |
Jul 9, 2026
$3,695,000
Initial Listing
Dec 18, 2015
$2,050,000
Public Record