
Los Angeles, California 90066
This property presents a Strong Value Opportunity with a List Price of $1,399,900—positioned well below the $1,477,618 Fair Market Value by 5%. This valuation gap offers $77,718 in Instant Equity for buyers. With a Fair Condition Rating, the home features a 1926 Spanish-style layout, a large 5,867 sq. ft. lot, and a finished garage. Proximity to Farragut Elementary (9/10) adds significant appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking development potential in Mar Vista.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4354 Coolidge Avenue Subject 2 bd · 1 ba · 990 sqft · $1,499 | $1,399,900* List Price | 2 | 1 | 990 | $1,499 | - |
A 4051 Minerva Avenue Sold 3 bd · 2 ba · 1,273 sqft · $1,066 · 0.4 mi | $1,357,500 | 3 | 2 | 1,273 | $1,066 | 0.4 mi |
B 12606 Gilmore Avenue Sold 3 bd · 2 ba · 1,350 sqft · $1,192 · 1.0 mi | $1,609,000 | 3 | 2 | 1,350 | $1,192 | 1.0 mi |
C 12498 Rubens Avenue Active 3 bd · 1 ba · 1,088 sqft · $1,379 · 0.9 mi | $1,500,000 List Price | 3 | 1 | 1,088 | $1,379 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1926, this property is functional and move-in ready but significantly dated, exceeding the 20-year threshold for major renovations. The kitchen features older cabinetry and mixed-age appliances, while the reliance on a wall AC unit suggests a lack of modern central HVAC systems. The listing's emphasis on development and expansion potential, combined with the age of the finishes, aligns with the 'Fair' criteria for a home needing updates.
Elementary School: Farragut Elementary School (9/10).
The generous 5,867 sq. ft. lot provides a rare opportunity for significant expansion or full redevelopment in the highly sought-after Mar Vista area.
A finished garage offers flexible use as a home office or studio, complemented by a large private yard and a newly painted deck for outdoor living.
With only 990 sq. ft. of living space, the home's interior footprint is relatively small, which may necessitate immediate expansion for many buyers.
The 1920s floorplan includes only one bathroom, which could be a functional drawback for modern families and may require a costly addition.
One of best priced homes in Mar Vista. Almost 6,000 sq.ft. lot. Perfect for expansion or development, but ready to live in right now. Nice 1924 Spanish style home with great floorplan. Great room when you enter, nice hardwood floors with kitchen in rear and bedrooms off to the side with bathroom between bedrooms. Primary is large with air-conditioner wall unit. Large kitchen with eat in area and new dishwasher. Washer/dryer room. Large deck, just painted and HUGE private yard! Garage has beenn finished and can be used as office, play room, man cave, etc.Parking for up to 5 cars, Motorhome, etc. Great neighborhood, quiet street that does not go through Lots of new restaurants and things to do.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 990 | 1,670.836 |
| Lot Size | 5,867 | 6,152.156 |
| Price | $1.40M | $1.34M |
| Price per sq ft | $1.4K | $807 |
| Built year | 1926 | 1941 |
| HOA | $0 | $238 |
| Days on market | 38 | 56 |
Oct 2, 2026
$1,399,900
Initial Listing
Sep 7, 1990
$209,000
Public Record