
Los Angeles, California 90066
This Spacious Mar Vista Residence is a High-Potential Investment Opportunity listed at $1,850,000—positioned well below the $1,891,132 Fair Market Value by 2%. This valuation gap offers $41,132 in Instant Equity. With a Condition Rating of 4, the home features a versatile 4-bedroom plus 2-flex room layout and a deck with City Lights Views. Located near top-rated Farragut Elementary (9/10), it provides significant value-add potential through cosmetic updates. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4055 Alla Road Subject | $1,850,000* List Price | 5 | 3 | 2,037 | $928 | - |
A 12909 Ida Avenue Sold | $1,775,000 | 3 | 3 | 2,169 | $818 | 0.1 mi |
B 3624 Beethoven Street Sold | $1,860,000 | 6 | 4 | 2,562 | $726 | 0.8 mi |
C 3680 Colonial Avenue Sold | $1,750,000 | 3 | 2 | 2,079 | $842 | 0.9 mi |
D 3604 Moore Street Sold | $1,800,000 | 4 | 2 | 1,625 | $1,108 | 0.9 mi |
E 12939 Greene Avenue Sold | $1,415,000 | 3 | 2 | 1,544 | $916 | 0.6 mi |
F 12132 Herbert Active Under Contract | $1,299,000 List Price | 3 | 2 | 1,456 | $892 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1940s home is well-maintained and livable but features dated finishes throughout. The kitchen has older oak cabinetry and fluorescent light boxes, while the bathrooms retain vintage tilework and original vanities. Although the living areas have been refreshed with newer flooring and paint, the property requires cosmetic modernization to meet current market standards.
Elementary School: Farragut Elementary School (9/10).
Situated in the highly sought-after Del Rey neighborhood of Mar Vista, this property offers exceptional walkability and bikeability to the dining, shopping, and coastal amenities of Venice, Santa Monica, and Marina del Rey.
The 2,000 sq. ft. floor plan includes four bedrooms plus two additional flex rooms, providing rare flexibility for home offices, guest quarters, or a large family in a high-demand market.
As a 1940s original requiring cosmetic updates to the kitchen and bathrooms, buyers must budget for additional capital expenditures to bring the home up to contemporary luxury standards.
While the property is near high-performing schools in adjacent districts, the immediate assigned middle and elementary schools carry lower ratings, which may impact appeal for some families.
Rare Opportunity & Endless Potential on an spacious lot in prime Mar Vista. Welcome to 4055 Alla Rd, a hidden gem nestled in the highly sought-after Del Rey neighborhood of Mar Vista. Featuring 4 spacious bedrooms, 2 flex rooms (office), 3 bathrooms, and approximately 2,000 sq. ft. of living space, this charming 1940s home boasts truly great bones and a highly functional floor plan. It is the perfect match for buyers looking for a solid, well-built foundation to make their own. The home has been lovingly cared for and just needs some minor personal cosmetic updates to transform it into an absolute modern showpiece. Imagine styling a dream chef's kitchen, refreshing the bathrooms with contemporary finishes, and taking full advantage of the massive backyard. The oversized lot provides more than enough room to create your ultimate private oasis. Location is everything! Situated in a highly walkable and bikeable area adjacent to food, shopping, and coastal vibes of Santa Monica, Venice, Marina del Rey, and Culver City.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 82% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,037 | 1,831.5 | 54% |
| Lot Size | 5,504 | 5,683.5 | 44% |
| Price | $1.85M | $2.00M | 42% |
| Price per sq ft | $908 | $1.2K | 16% |
| Built year | 1940 | 1950 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 168 | 1% |
Apr 10, 2026
$1,850,000
Initial Listing