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4242 Grand View Boulevard, Los Angeles, California 90066, Los Angeles, 90066 - 3 bed, 2 bath

4242 Grand View Boulevard, Los Angeles, California 90066 home-pic-0
ACTIVE$2,195,000
4242 Grand View Boulevard, Los Angeles, California 90066
3Beds
2Baths
1,714Sqft
10,978Lot
Year Built
1960
Close
-
List price
$2.19M
Original List price
$2.25M
Price/Sqft
$1,281
HOA
-
Days on market
-
Sold On
-
MLS number
24468845
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 3 Cons,7 Pros. Rank: price - $2.19M(49th), sqft - 1714(44th), beds - 3(50th), baths - 2(47th).

Don't miss this incredible opportunity in the heart of Mar Vista, situated on a HUGE 10,978 sqt lot - immense potential to build the home of your dreams, or renovate and reimagine the current home to create your perfect oasis! Whether you're envisioning a stylish remodel, or building brand-new, the current footprint is spacious. Offering a 1,714 sqft 3 Bdrm/2 Bath main house, this property is bright and inviting with wonderful bones and an outdoor space that is so large it feels like your own private park. This is truly a canvas to create your own sanctuary/retreat! The detached garage (with ADU potential) also offers two parking spots with additional room for extra storage or future projects. The lush, fruit-filled garden is a true oasis, featuring fig, persimmon, lemon, avocado, orange, pear, loquat, tangerine trees, and more! Ideal for enjoying fresh produce right from your yard. *An incredible value-add, an owner-occupant MAY also be able to split the lot under SB9 to add more units (buyer to confirm with city). Located on a beautiful tree-lined street just south of the vibrant Washington Place, you're moments away from top-rated schools, lovely parks, and an array of local shops and dining options. Don't miss the chance to make this expansive lot and charming home your own!

Nearby schools

6/10
Grand View Boulevard Elementary School
Public,•K-5•0.4mi
5/10
Braddock Drive Elementary School
Public,•K-5•0.6mi
6/10
Short Avenue Elementary School
Public,•K-6•0.6mi
3/10
Stoner Avenue Elementary School
Public,•K-5•0.7mi
7/10
Beethoven Street Elementary School
Public,•K-5•1.2mi
8/10
Playa Del Rey Elementary School
Public,•K-5•1.3mi
6/10
La Ballona Elementary School
Public,•K-5•1.4mi
9/10
Farragut Elementary School
Public,•K-5•1.6mi
8/10
Coeur D'Alene Avenue Elementary School
Public,•K-5•1.7mi
8/10
El Rincon Elementary School
Public,•K-5•1.9mi
2/10
Marina Del Rey Middle School
Public,•6-8•0.7mi
4/10
Mark Twain Middle School and World Languages Magnet
Public,•6-8•1.4mi
7/10
Culver City Middle School
Public,•6-8•1.5mi
6/10
Venice Senior High School
Public,•9-12•1.1mi
8/10
Culver City High School
Public,•9-12•1.5mi

Price History

Date
Event
Price
11/21/23
Sold
$2,100,000
Condition Rating
Poor
Built in 1960, this property requires substantial renovation. The kitchen features dated light green cabinets, speckled granite countertops and backsplash, and old white tile flooring, despite some newer stainless steel appliances. Both bathrooms are significantly outdated with old vanities, lighting, and tile. Throughout the home, popcorn ceilings and dated architectural elements like wooden balusters and a rustic stone fireplace are present. While the description mentions 'wonderful bones,' the interior finishes and likely major systems (electrical, plumbing, HVAC) are well past their prime and necessitate extensive updates to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

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 = 10978, living area = 1714.
Great Schools: Elementary School: Farragut Elementary School (9/10).
Exceptional Lot Size & Development Potential: A substantial 10,978 sqft lot offers immense potential for building a dream home, significant expansion, or even lot splitting under SB9 (buyer to confirm), providing rare flexibility in a dense urban area.
Prime Mar Vista Location: Situated on a desirable tree-lined street in the heart of Mar Vista, offering excellent proximity to top-rated schools, parks, and a vibrant array of local shops and dining options.
ADU Conversion Opportunity: The detached garage presents a clear opportunity for conversion into an Accessory Dwelling Unit (ADU), adding significant value through potential rental income or flexible living space.
Expansive & Mature Outdoor Oasis: Features a large, private park-like backyard with a lush, fruit-filled garden (fig, persimmon, lemon, avocado, orange, pear, loquat, tangerine trees), offering immediate lifestyle appeal and natural beauty.
Strong Renovation/Rebuild Foundation: The existing 1,714 sqft home possesses 'wonderful bones' and a spacious footprint, making it an ideal canvas for a comprehensive renovation or a complete new construction project.

Cons

Extensive Renovation Required: The property is presented as a 'canvas' requiring significant renovation or a complete rebuild, indicating substantial additional investment and time will be needed to modernize and maximize its potential.
Outdated Systems & Finishes: Built in 1960, the home likely features original systems (electrical, plumbing, HVAC) and finishes that are outdated, necessitating costly upgrades to meet contemporary standards and preferences.
Potential Overpricing Relative to Current Condition: The current list price of $2.195M is notably higher than the estimated value of $1.88M, suggesting the property may be priced for its future potential rather than its current 'as-is' state, requiring a buyer to factor in significant renovation costs.

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