
Los Angeles, California 90066
This Mar Vista Development Asset is listed at $1,495,000, reflecting the premium associated with the coveted "Wood Streets" section. Positioned near the $1,429,733 Fair Market Value, the property offers Significant Development Potential on a 4,950 sqft lot. Carrying a Condition Rating of 4, the 1925 bungalow retains original architectural character with beamed ceilings and a covered rear patio, providing a versatile canvas for a luxury remodel or ground-up construction. Located steps from Beethoven Street Elementary, this high-demand location is a strategic acquisition for Fix-and-Flip Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3752 Maplewood Avenue Subject | $1,495,000* List Price | 2 | 1 | 1,000 | $1,430 | - |
A 2107 Walgrove Avenue Sold | $1,350,000 | 2 | 1 | 840 | $1,607 | 0.3 mi |
B 12719 Rose Avenue Sold | $1,885,000 | 3 | 1 | 1,148 | $1,642 | 0.9 mi |
C 4040 Tivoli Avenue Sold | $1,355,000 | 2 | 2 | 1,099 | $1,233 | 0.6 mi |
D 2485 Walgrove Avenue Sold | $1,095,000 | 2 | 2 | 1,040 | $1,053 | 0.3 mi |
E 4065 Michael Avenue Sold | $1,580,000 | 2 | 1 | 865 | $1,827 | 0.6 mi |
F 3766 Beethoven Street Active | $1,299,999 List Price | 2 | 1 | 1,012 | $1,285 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1925 bungalow that has been maintained but is significantly outdated. While it features newer laminate flooring and clean paint, the kitchen and bathroom reflect 1970s-80s styling with tile countertops and aged cabinetry. It is functional and livable, but requires modernization of major systems and finishes to meet current market standards.
Situated in the highly coveted 'Wood Streets' section, this property offers exceptional proximity to Silicon Beach, Venice Beach, and popular local amenities like Beethoven Market.
The nearly 5,000 sq ft lot and trust sale status provide a versatile canvas for a high-end remodel or a ground-up new construction project in a high-demand neighborhood.
This 1925 bungalow features charming original details, including beamed ceilings and built-ins, offering a unique aesthetic foundation for a restoration-minded buyer.
The property is currently tenant-occupied with instructions not to disturb, which limits immediate access for showings and may complicate possession timelines.
With only 1,000 square feet of living space and a single bathroom, the home requires substantial modernization and expansion to meet current market expectations for the area.
Opportunity abounds with this Mar Vista bungalow located in the prime Mar Vista "Wood Streets" section. Approximately 1,000 Sq Ft, the home features an open living/dining area with beamed ceilings and built-ins, a spacious kitchen with tile counters and built-in appliances, and a covered rear patio. Detached two-car garage plus additional carport parking. Ideal opportunity to purchase a starter home, remodel, or build new. Trust sale held by the same family for 65 years. Tenant occupied; please do not disturb occupants. Quiet street near Beethoven Elementary and Mark Twain Middle Schools, just moments from Mar Vista favorites like Beethoven Market and Bluey's Kitchen, with easy access to Venice Beach, Silicon Beach, Abbot Kinney, and Santa Monica's Main Street.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 13% |
| Baths | 1.0 | 3.0 | 15% |
| Square foot | 1,000 | 1,809 | 7% |
| Lot Size | 4,950 | 5,683.5 | 21% |
| Price | $1.50M | $2.00M | 22% |
| Price per sq ft | $1.5K | $1.2K | 86% |
| Built year | 1925 | 1950 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 168 | 1% |
Apr 6, 2026
$1,495,000
Initial Listing