
Los Angeles, California 90034
This property presents a High-Potential Investment Opportunity with a List Price of $1,599,000—positioned above the $1,340,864 Fair Market Value. While the current valuation reflects a premium, the RD2 Zoning on a 5,001 sqft lot provides significant upside for developers. Featuring a Condition Rating of 5, the residence requires a full-scale renovation to modernize its original 1952 footprint. This asset is a strategic play for Real Estate Developers or Value-Add Investors focused on maximizing density and long-term equity in a prime Westside location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3641 Greenfield Avenue Subject | $1,599,000* List Price | 2 | 1 | 1,148 | $1,168 | - |
A 10830 Tabor Street Sold | $1,278,000 | 3 | 3 | 1,173 | $1,090 | 0.3 mi |
B 3030 Midvale Avenue Sold | $1,125,000 | 2 | 2 | 1,076 | $1,046 | 0.8 mi |
C 3173 S Bentley Avenue Sold | $1,305,000 | 3 | 1 | 1,249 | $1,045 | 0.7 mi |
D 3132 Glendon Sold | $1,546,500 | 3 | 2 | 1,516 | $1,020 | 0.8 mi |
E 3207 Cheviot Vista Place Active | $1,290,000 List Price | 2 | 1 | 1,062 | $1,215 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 (74 years old) and described as a 'fixer' with 'original charm,' the property likely retains its original kitchen, bath, and systems. While the structure is marketed as 'inviting,' the age and lack of renovations necessitate a full rehab, and the listing emphasizes land value and RD2 development potential.
The property is zoned RD2 on a 5,001 sqft lot, providing a rare and significant opportunity to build a duplex or explore high-value residential development projects.
Situated in the highly sought-after Palms/Mar Vista area, the home offers exceptional proximity to major Westside tech hubs, premium dining, and coastal amenities.
Functioning as a 'blank canvas,' this property appeals to both developers and end-users looking to customize a home or create a ground-up masterpiece in a high-demand neighborhood.
The residence is in original condition and requires significant renovation and capital investment to modernize the living space and systems.
With only two bedrooms and one bathroom across 1,148 square feet, the current layout is undersized for the price point, necessitating expansion to maximize value.
Welcome to 3641 Greenfield Ave, a charming single-family home located on the highly desirable Westside of Los Angeles. This inviting two-bedroom, one-bathroom residence offers 1,148 square feet of living space, presenting a rare opportunity for both end-users and developers alike. The home features a functional layout with spacious living areas and generously sized bedrooms. While the property maintains its original charm, it also presents as a fixer with incredible potential, ideal for those looking to renovate, reimagine, or create their dream home. The private backyard offers ample space for outdoor entertaining, gardening, or future expansion, making it a true blank canvas for customization. Zoned RD2, this property unlocks significant development potential, providing the opportunity to build a duplex or explore additional value-add options. Whether you're a developer seeking your next project or an end-user looking to personalize a home in a prime location, the possibilities here are substantial.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 26% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 1,148 | 1,636 | 13% |
| Lot Size | 5,001 | 5,829 | 29% |
| Price | $1.60M | $1.62M | 45% |
| Price per sq ft | $1.4K | $1.0K | 91% |
| Built year | 1952 | 1947 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 138 | 4% |
May 29, 2026
$1,599,000
Initial Listing