
Culver City, California 90232
This 1916 Craftsman represents a High-Potential Investment Opportunity, listed at $1,799,000—positioned well below the $1,830,099 Fair Market Value by 1.7%. This valuation gap offers $31,099 in Instant Equity. Featuring an R2-zoned 8,694-square-foot lot, the property offers significant development upside for expansion or multi-unit projects. With a Condition Rating of 3, the home provides a stable foundation for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the prime downtown Culver City location and proximity to top-rated schools like Farragut Elementary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4282 La Salle Avenue Subject | $1,799,000* List Price | 3 | 1 | 1,804 | $1,016 | - |
A 4401 Mentone Avenue Sold | $2,260,000 | 4 | 2 | 1,776 | $1,273 | 0.5 mi |
B 3859 Hollyview Terrace Sold | $1,475,000 | 3 | 2 | 2,046 | $721 | 0.9 mi |
C 8889 Carson Street Pending | $1,498,000 List Price | 3 | 2 | 1,573 | $952 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1916, the home is well-maintained and move-in ready with critical system updates including central HVAC, an updated electrical panel, and a tankless water heater. The interior features newly refinished hardwood floors and preserved craftsman details; although the kitchen and bath are dated, the property is functional and avoids the structural/safety issues of lower tiers.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8694, living area = 1804.
Elementary School: Farragut Elementary School (9/10).
The massive 8,694-square-foot R2-zoned lot offers rare investment upside, with the potential to develop up to 4,977 square feet of living space, including multiple units or a large primary residence with an ADU.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8694, other record lot size in square feet = 325.
The current configuration of three bedrooms served by only one bathroom is a significant drawback for modern families and may necessitate immediate renovation to meet market expectations.
While well-maintained, a home built in 1916 inherently carries risks of aged structural components and may require more intensive ongoing upkeep compared to newer residential offerings.
Rare 1916 Craftsman on an Expansive Cul-de-Sac Lot in the Heart of Downtown Culver City. Nestled at the end of one of downtown Culver City's most coveted tree-lined cul-de-sacs near Carlson Park, this charming 1916 Craftsman offers a rare opportunity to own a piece of local history on an extraordinary 8,694-square-foot lot. Just moments from award-winning restaurants, trendy coffee shops, theaters, boutiques, and vibrant nightlife, the location simply doesn't get better. Rich with original character, the home features newly refinished hardwood floors, beautiful Craftsman built-ins, central air and heat, an updated electrical panel, and a tankless water heater. The welcoming covered front porch overlooks the grassy front yard and quiet cul-de-sac, creating the perfect setting to relax and enjoy the neighborhood's timeless charm. Full of character, the home offers comfortable living today while also presenting exceptional opportunities for future expansion or development. The massive park-like backyard provides abundant space for outdoor entertaining, gardening, a pool, guest house, or additional living space. Situated on desirable R2-zoned land, the property presents a truly exceptional opportunity. Past FAR rules set 40% of lot plus 1,500sf as the guideline, which if applicable could allow up to approximately 4,977sf of buildable space. This may create the potential for a huge 4,977sf home, two approximately 2,488sf homes, or two homes plus an additional 800sf ADU (buyer to verify all development possibilities with the City of Culver City). A rare offering that combines authentic Craftsman charm, an oversized cul-de-sac lot, and outstanding long-term potential in one of Culver City's most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,804 | 1,772 |
| Lot Size | 8,694 | 5,757 |
| Price | $1.80M | $1.70M |
| Price per sq ft | $997 | $1.1K |
| Built year | 1916 | 1952 |
| HOA | $0 | $0 |
| Days on market | 33 | 52 |
Jun 19, 2026
$1,799,000
Initial Listing