7321 Oakwood Avenue, Los Angeles, California 90036, Los Angeles, 90036 - 3 bed, 2 bath
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7321 Oakwood Avenue
Los Angeles, California 90036
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,402Sq Ft
3,013Lot Size
Property Price
LIST PRICE$1,425,000
EST. MARKET VALUE
$1,401,577
SUMMARY
This Turnkey Spanish-Style Residence is listed at $1,425,000, reflecting a stable market position relative to its $1,401,578 Fair Market Value. Featuring an Excellent Condition Rating (3), this home showcases authentic period details like a Batchelder-tiled fireplace alongside a modern open-concept kitchen and central HVAC. Located in a vibrant neighborhood near top-rated schools like Third Street Elementary, the property offers a seamless indoor-outdoor lifestyle with a private patio. This move-in ready home is an ideal acquisition for discerning professionals or owner-occupants seeking a stylish, low-maintenance sanctuary in a central Los Angeles location.
Estimated Market Value
$1,401,577
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7321 Oakwood Avenue Subject 3 bd · 2 ba · 1,402 sqft · $1,000 | $1,425,000* List Price | 3 | 2 | 1,402 | $1,000 | - |
A 7170 Rosewood Avenue Sold 2 bd · 3 ba · 1,369 sqft · $942 · 0.2 mi | $1,289,000 | 2 | 3 | 1,369 | $942 | 0.2 mi |
B 7416 Rosewood Avenue Sold 2 bd · 2 ba · 1,399 sqft · $1,197 · 0.2 mi | $1,675,000 | 2 | 2 | 1,399 | $1,197 | 0.2 mi |
C 7508 Rosewood Avenue Active 2 bd · 2 ba · 1,205 sqft · $1,244 · 0.3 mi | $1,499,000 List Price | 2 | 2 | 1,205 | $1,244 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1926, the property has undergone significant modern updates including an open-concept kitchen with stainless steel appliances and updated systems like central HVAC and recessed lighting. It is well-maintained and move-in ready, consistent with a 5-15 year renovation age.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated in the highly desirable Beverly Center-Miracle Mile area, the home offers exceptional walkability and proximity to iconic destinations like The Grove, Pan Pacific Park, and Melrose Avenue.
- Authentic Architectural Character
This 1926 Spanish-style residence features preserved period details including a vintage Batchelder-tiled fireplace, barrel ceilings, and graceful arched windows that provide timeless aesthetic appeal.
- Modernized Indoor-Outdoor Flow
The beautifully updated open kitchen seamlessly connects to the outdoor patio and entertaining area, creating a functional and stylish layout perfect for the Southern California lifestyle.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
At just 3,013 square feet, the lot is relatively small for a single-family residence in this price bracket, limiting private yard space and potential for future expansion.
- Market Stagnation
With 40 days on the market and a recent price reduction from the original list price, the property is facing a cooling interest that may require further negotiation or marketing adjustments.
About 7321 Oakwood Avenue
Ideally located in the heart of one of LA's most vibrant neighborhoods, this beautifully updated Spanish-style home blends timeless character with thoughtful modern updates. Bright and inviting, the 3-bedroom, 2-bath residence features graceful arched windows, barrel ceilings and an abundance of natural light. A vintage Batchelder-tiled fireplace anchors the living room, adding warmth and authentic period charm.The beautifully designed open kitchen offers generous storage, ample workspace and an easy connection to the outdoor patio and entertaining area, perfect for enjoying Southern California's indoor-outdoor lifestyle. Direct access from the two-car garage adds everyday convenience, while the home's thoughtful layout creates a wonderful sense of flow throughout. Move-in ready and filled with character, this special home offers comfortable, stylish living in a fantastic central location just moments from The Grove, Pan Pacific Park, Melrose Avenue and an incredible selection of restaurants, cafes, shops and neighborhood favorites.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 3,013 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Hancock Park Elementary School
Grades K-5 • 0.9 mi
7/10
Third Street Elementary School
Grades K-5 • 1.0 mi
8/10
Vine Street Elementary School
Grades K-6 • 1.5 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,402 | 1,670.836 |
| Lot Size | 3,013 | 6,152.156 |
| Price | $1.43M | $1.34M |
| Price per sq ft | $1.0K | $807 |
| Built year | 1926 | 1941 |
| HOA | $0 | $238 |
| Days on market | 59 | 56 |
Pricing History
Listed for Sale
Oct 18, 2026
$1,425,000
$1,499,000
-5% Price Drop
Initial Listing
Price Change
Sep 11, 2026
$1,499,000
Initial Listing
Sold
Oct 31, 2006
$767,500
Public Record