3520 Carmona Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 2 bath
3520 Carmona Avenue
Los Angeles, California 90016
Property Price
SUMMARY
Analysis of 3520 Carmona Avenue, Los Angeles, California 90016 reveals a Prime Investment Opportunity with a current list price of $699,000—significantly undercutting the $782,460 Fair Market Value by 10%. This valuation gap indicates a +$83,460 Instant Equity potential for buyers. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3520 Carmona Avenue Subject | $699,000* List Price | 3 | 2 | 1,380 | $567 | - |
A 2434 S Cochran Avenue Sold | $750,000 | 3 | 2 | 1,217 | $616 | 1.0 mi |
B 2430 S Cochran Avenue Sold | $740,000 | 2 | 1 | 1,340 | $552 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1950, this property is in mostly original condition and requires substantial rehabilitation. The kitchen and bathrooms feature outdated mid-century fixtures and appliances, and the listing explicitly markets the home as a 'reimagine' opportunity, indicating significant deferred maintenance and the need for a full interior and systems overhaul.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The generous 6,969 sq.ft. lot provides significant opportunity for expansion or the construction of an Accessory Dwelling Unit (ADU), maximizing the property's long-term investment value.
- Prime Central Location
Ideally situated near Culver City and Baldwin Hills, the property offers excellent access to major Westside commuter routes, diverse shopping, and popular dining destinations.
- Functional Layout
The 1,380 sq.ft. floor plan features a natural flow between living spaces and a fireplace-anchored living room, providing a solid foundation for modern interior renovations.
CONSRISKS & DEFICIENCIES
- Probate Sale Complexity
As a probate sale requiring a 15-day Notice of Proposed Action, the transaction process may involve legal hurdles and a longer closing timeline than a standard sale.
- Renovation Required
The property is marketed as a 'reimagine' opportunity, indicating that the 1950s-era home likely requires significant capital investment for updates and repairs.
About 3520 Carmona Avenue
3520 Carmona Avenue offers 3-bedrooms, 2-bathrooms with 1,380sq.ft. of living space set on a generous 6,969sq.ft. lot with strong potential to reimagine and enhance the property. The home features a functional floor plan with an easy flow between living spaces, highlighted by a living room anchored by a fireplace and sliding glass door that open to the backyard. The existing configuration provides a solid foundation for updating, while the expansive lot opens the door for exploration of expansion or potential ADU development. Conveniently positioned in a central neighborhood near Baldwin Hills and Culver City, the location offers easy access to nearby shopping, dining, parks, and major commuter routes throughout the Westside and Mid-City areas. Probate Sale, 15 day Notice of Proposed Action is required.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 6,969 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $320.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,380 | 1,371 | 52% |
| Lot Size | 6,969 | 5,237 | 82% |
| Price | $699.0K | $1.01M | 11% |
| Price per sq ft | $507 | $738 | 14% |
| Built year | 1950 | 1927 | 93% |
| HOA | $320.0 | $0 | 98% |
| Days on market | 3 | 172 | 2% |
Pricing History
Listed for Sale
Mar 4, 2026
$699,000
Initial Listing