520 S Irving Boulevard, Los Angeles, California 90020, Los Angeles, 90020 - 7 bed, 6 bath
Loading property details...
520 S Irving Boulevard
Los Angeles, California 90020
ACTIVE UNDER CONTRACT
CONDITION: POOR
7Beds
6Baths
5,400Sq Ft
12,822Lot Size
Property Price
LIST PRICE$3,699,000
EST. MARKET VALUE
$3,707,606
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $3,699,000—positioned well below the $3,707,607 Fair Market Value by 0.23%. This estate offers $8,607 in Instant Equity for buyers ready to tackle a comprehensive renovation. With a Condition Rating of 5, the home requires significant capital investment to modernize its 1919 architecture. The expansive 12,822 sqft lot and Versatile Guest Quarters provide substantial value-add potential. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a major project.
Estimated Market Value
$3,707,606
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1919 and on the market for the first time in over 60 years, this property requires a complete rehabilitation. The listing explicitly advises bringing a contractor, and the images show heavily dated interiors, including wrinkled vintage carpeting, old wood paneling, and worn original finishes that need major updates.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Value-Add Potential
Offered for the first time in over 60 years, this classic 1919 estate features original architectural details and a grand center-hall plan, providing a rare 'blank canvas' for a high-end custom renovation in a prestigious neighborhood.
- Versatile Guest Quarters
The property includes a substantial two-bedroom, one-bath guest house over the garage, offering immediate ADU potential for rental income, a home office, or multi-generational living.
- Expansive Lot in Prime Location
Situated on a generous 12,822 square foot lot in the desirable Hancock Park-Wilshire area, the deep and lush backyard offers ample space for a luxury pool and professional landscaping.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5400, other record living area = 3810. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 8.
- Extensive Renovation Required
Sold in 'As-Is' condition via a trust sale, the property requires a comprehensive modernization and significant capital investment to address its aged systems and finishes.
- Non-Functional Fireplaces
The fireplaces and chimneys are strictly decorative, which may be a disappointment for buyers seeking the functional ambiance of a historic home and could involve high costs to restore to working order.
About 520 S Irving Boulevard
First time on the market in over 60 years! Classic center hall plan with fabulous original details! 4 bedrooms/2 baths upstairs; maids +1.5 baths down. Formal Living & Dining rooms, plus Den/Library & Breakfast room. Backstairs too!(or re-capture that space for other creative rooms!). Bring your contractor/designer and personalize to your heart's desire. Deep, generous, lush yard with plenty of space for your dream pool. Huge 2 bed/1bath guest quarters with living room & breakfast room over the extended garage (possible ADU potential?). Service toilet in oversized garage. Total of main house, guest house(not an ADU) + garage/rooms is over 5400 square feet approximately per 3rd party floor plan--Buyer to verify independently. Public records for main house show 3810 Square feet. Trust sale, AS-IS, no Court. Fireplaces/chimney are decorative only. OFFERS DUE OCT 5th!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1919
- Lot Size
- 12,822 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 5,400 | 1,670.836 |
| Lot Size | 12,822 | 6,152.156 |
| Price | $3.70M | $1.34M |
| Price per sq ft | $685 | $807 |
| Built year | 1919 | 1941 |
| HOA | $0 | $238 |
| Days on market | 47 | 56 |
Pricing History
Listed for Sale
Sep 23, 2026
$3,699,000
Initial Listing