
Los Angeles, California 90034
This property presents a High-Potential Investment Opportunity with a List Price of $1,700,000—positioned well below the $1,717,989 Fair Market Value by 1%. This valuation gap offers $17,989 in Instant Equity for buyers. Featuring a Fair Condition Rating and a 7,561 sq. ft. lot, the residence requires a full renovation, offering significant upside for forced appreciation through a modern floor plan or ADU addition. This is a value-add acquisition ideal for Fix-and-Flip Investors or Contractors seeking a prime Westside project.
Property is extensive renovation needed.
Built in 1939 and offered for the first time in decades, the property is in mostly original condition with a dated kitchen from a previous era. The interior features popcorn ceilings, severely stained/damaged carpeting, and aging systems. The listing explicitly markets the home as a 'canvas for builders' and advises bringing a contractor, indicating the need for a total rehab.
Situated in the highly sought-after Palms neighborhood, the property offers exceptional proximity to Downtown Culver City, Sony Studios, and major transit hubs, ensuring long-term value and desirability.
The oversized 7,500+ square foot lot provides a rare amount of outdoor space for the area, offering significant potential for a swimming pool, outdoor kitchen, or the addition of an Accessory Dwelling Unit (ADU).
With over 2,200 square feet of living space and a versatile 4-bedroom layout, this 1930s residence provides a larger-than-average footprint that allows for flexible reconfiguration or the creation of a grand primary suite.
The property is being sold in its current 'as-is' condition and requires a full remodel, meaning buyers must budget for substantial additional capital investment beyond the purchase price to modernize the home.
Given its 1939 construction and long-term original ownership, the home likely requires extensive updates to major systems such as electrical, plumbing, and HVAC to meet contemporary building codes and living standards.
Opportunities like this in prime Palms do not come along often! Offered for the first time in decades, this 1930s character residence presents an unprecedented canvas for buyers, builders, and visionaries alike. Boasting over 2,200 sq. ft. of living space, the current 4-bedroom, 3-bath layout offers incredible flexibility—ideal for creating a grand primary suite, dedicated home offices, or a custom floor plan tailored to modern living. The Canvas: 2,200+ SF featuring original 1930s character and a versatile layout begging for your personal touch. The Yard: An extraordinary 7,500+ SF lot providing a massive, private backyard with limitless potential for a pool, outdoor kitchen, or potential ADU addition. The Location: Unbeatable Westside positioning just minutes from Downtown Culver City’s vibrant dining scene, Sony Studios, top schools, and major transit hubs. Bring your contractor and designer to unlock the massive equity potential in one of LA’s most resilient and sought-after neighborhoods. Property to be sold in its current condition. Don't miss this incredible chance to customize your dream home! Unlock immense potential in the heart of Palms!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,247 | 1,664.159 |
| Lot Size | 7,561 | 6,066.556 |
| Price | $1.70M | $1.35M |
| Price per sq ft | $757 | $806 |
| Built year | 1939 | 1939 |
| HOA | $0 | $278 |
| Days on market | 26 | 55 |
Aug 14, 2026
$1,700,000
Initial Listing