4051 Marcasel Avenue, Los Angeles, California 90066, Los Angeles, 90066 - 3 bed, 2 bath
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4051 Marcasel Avenue
Los Angeles, California 90066
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,639Sq Ft
8,176Lot Size
Property Price
LIST PRICE$2,100,000
EST. MARKET VALUE
$2,161,983
SUMMARY
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $2,100,000—positioned well below the $2,161,984 Fair Market Value by 2%. This valuation gap offers $61,984 in Instant Equity. Featuring a Condition Rating of 3, the home includes a 2024 Roof, Granite Kitchen, and an 800 SF Deck. With an oversized 8,176 SF lot, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value in a prime Mar Vista location.
Estimated Market Value
$2,161,983
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4051 Marcasel Avenue Subject 3 bd · 2 ba · 1,639 sqft · $1,319 | $2,100,000* List Price | 3 | 2 | 1,639 | $1,319 | - |
A 11907 Atlantic Avenue Sold 3 bd · 2 ba · 1,928 sqft · $1,101 · 0.3 mi | $2,122,000 | 3 | 2 | 1,928 | $1,101 | 0.3 mi |
B 11906 S Park Avenue Sold 3 bd · 2 ba · 1,482 sqft · $1,464 · 0.2 mi | $2,170,000 | 3 | 2 | 1,482 | $1,464 | 0.2 mi |
C 3942 Bledsoe Avenue Sold 3 bd · 2 ba · 1,558 sqft · $995 · 0.5 mi | $1,550,000 | 3 | 2 | 1,558 | $995 | 0.5 mi |
D 4257 Campbell Drive Sold 3 bd · 2 ba · 1,639 sqft · $1,660 · 0.4 mi | $2,720,000 | 3 | 2 | 1,639 | $1,660 | 0.4 mi |
E 11829 Pacific Avenue Sold 3 bd · 3 ba · 1,468 sqft · $1,553 · 0.4 mi | $2,280,000 | 3 | 3 | 1,468 | $1,553 | 0.4 mi |
F 4414 Westlawn Avenue Sold 3 bd · 3 ba · 1,682 sqft · $1,397 · 0.6 mi | $2,350,000 | 3 | 3 | 1,682 | $1,397 | 0.6 mi |
G 3746 Ocean View Sold 2 bd · 2 ba · 1,626 sqft · $1,550 · 0.6 mi | $2,520,000 | 2 | 2 | 1,626 | $1,550 | 0.6 mi |
H 4026 Wasatch Avenue Sold 3 bd · 2 ba · 1,619 sqft · $988 · 0.5 mi | $1,600,000 | 3 | 2 | 1,619 | $988 | 0.5 mi |
I 4217 Stewart Active 4 bd · 3 ba · 1,580 sqft · $1,171 · 0.5 mi | $1,850,000 List Price | 4 | 3 | 1,580 | $1,171 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property is well-maintained and move-in ready with significant updates, including a brand-new roof (2024) and a kitchen renovated with granite countertops and stainless steel appliances. While the 1940s home has some deferred maintenance and dated aesthetic choices, the structural 'good bones,' hardwood flooring, and functional systems align with the 'Good' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8176, living area = 1639.
- Development Potential
The oversized 8,176 SF lot provides exceptional versatility for homeowners looking to expand the existing structure, add an ADU, or build a custom estate in a prime Mar Vista location.
- Prime Westside Location
Situated on the prestigious 'oval streets' of Mar Vista, the property offers a highly sought-after neighborhood character with proximity to Silicon Beach and top-rated local schools.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The property is noted to have deferred maintenance, which will require the buyer to budget for immediate repairs and cosmetic updates to bring the home to its full potential.
- Premium Pricing for Condition
At a $2.1M price point, the value is heavily weighted in the land and location, which may be a drawback for buyers seeking a turnkey residence without the need for additional renovation capital.
About 4051 Marcasel Avenue
Classic one-story 1940s home located on the oval streets of Mar Vista. The spacious living room with a fireplace and coved ceilings opens to a separate dining room. The kitchen has been updated with black granite countertops, white cabinets, and stainless-steel appliances, and opens to a bright family room overlooking the rear yard and deck. The two original bedrooms are generously sized and share a full hall bath, while the primary bedroom at the rear of the home has an ensuite bath. Additional features include hardwood floors throughout, plantation shutters, and dining room wainscoting. Roof replaced in 2024. The park-like backyard offers over 800 SF of decking, lush landscaping, and a koi pond. An oversized two-car garage sits at the rear of the lot and is accessed from the alley. Situated on an over 8,000 SF lot, the property offers options to add on, restore, or build new. The home has good bones but there is some deferred maintenance.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 8,176 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Grand View Boulevard Elementary School
Grades K-5 • 0.2 mi
6/10
Beethoven Street Elementary School
Grades K-5 • 1.1 mi
7/10
Charnock Road Elementary School
Grades K-6 • 1.1 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,639 | 1,670.836 |
| Lot Size | 8,176 | 6,152.156 |
| Price | $2.10M | $1.34M |
| Price per sq ft | $1.3K | $807 |
| Built year | 1940 | 1941 |
| HOA | $0 | $238 |
| Days on market | 17 | 56 |
Pricing History
Listed for Sale
Oct 23, 2026
$2,100,000
Initial Listing
Sold
Nov 12, 2002
$679,000
Public Record