409 N Alta Vista Boulevard, Los Angeles, California 90036, Los Angeles, 90036 - 4 bed, 5 bath
409 N Alta Vista Boulevard
Los Angeles, California 90036
Property Price
SUMMARY
Analysis of 409 N Alta Vista Boulevard, Los Angeles, California 90036 reveals a Prime Investment Opportunity with a current list price of $3,195,000—significantly undercutting the $3,417,006 Fair Market Value by 6%. This valuation gap indicates a +$222,006 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 409 N Alta Vista Boulevard Subject | $3,195,000* List Price | 4 | 5 | 4,300 | $795 | - |
A 633 N Formosa Avenue Sold | $2,925,000 | 5 | 5 | 3,546 | $825 | 0.3 mi |
B 223 S Alta Vista Boulevard Sold | $3,730,000 | 5 | 6 | 4,050 | $921 | 0.6 mi |
C 101 S Fuller Avenue Sold | $3,300,000 | 5 | 5 | 4,421 | $746 | 0.4 mi |
D 345 N Vista Street Sold | $3,175,000 | 4 | 5 | 3,421 | $928 | 0.3 mi |
E 630 N Martel Active | $3,850,000 List Price | 4 | 5 | 4,712 | $817 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is new construction, with a 'Year Built' of 2025, and is currently in mid-construction. The description states that the framing, foundation, roof, and windows are completed, indicating all existing components are brand new and meet current quality standards. While not yet move-in ready, the condition of the structure itself is excellent, representing a virtually new build.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction Advantage
Built in 2025, this property offers the benefits of modern design, energy efficiency, and brand-new systems upon completion.
- Prime Los Angeles Location
Situated in the highly desirable Beverly Center-Miracle Mile area (90036), providing excellent access to upscale amenities, entertainment, and employment centers.
- Spacious & Luxurious Layout
Boasting 4 bedrooms, 5 bathrooms, 4300 sqft of living space, and a 7721 sqft lot, indicating a substantial and comfortable luxury residence.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4300, other record living area = 2385.
- Unfinished Construction
The property is currently in mid-construction, meaning it is not move-in ready and requires completion, which may involve additional time and financial investment from the buyer.
- Active Under Contract Status
The property is currently 'Active Under Contract,' significantly limiting the opportunity for new prospective buyers to submit offers or engage in negotiations.
About 409 N Alta Vista Boulevard
Framing, foundation, roof and windows have been completed; in mid construction.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 7,721 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Third Street Elementary School
Grades K-5 • 0.9 mi
Hancock Park Elementary School
Grades K-5 • 1.0 mi
Vine Street Elementary School
Grades K-6 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 65% |
| Square foot | 4,300 | 2,503 | 88% |
| Lot Size | 7,721 | 6,753 | 72% |
| Price | $3.19M | $2.35M | 77% |
| Price per sq ft | $743 | $950 | 21% |
| Built year | 2025 | 1926 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 73 | 183 | 7% |
Pricing History
Listed for Sale
Dec 23, 2025
$3,195,000
Initial Listing
Sold
Jun 7, 2019
$1,800,000
Public Record