7456 Denrock Avenue, Los Angeles, California 90045, Los Angeles, 90045 - 4 bed, 2 bath

7456 Denrock Avenue, Los Angeles, California 90045 home-pic-0
ACTIVE$1,598,000
7456 Denrock Avenue, Los Angeles, California 90045
4Beds
2Baths
1,809Sqft
6,163Lot
Year Built
1950
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$883
HOA
$24
Days on market
-
Sold On
-
MLS number
24463757
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 15% below the list price. We found 2 Cons,3 Pros. Rank: price - $1.60M(45th), sqft - 1809(50th), beds - 4(57th), baths - 2(50th).

A great fixer opportunity with this prime North Kentwood property with Ready to Issue (RTI) plans for a stunning approx. 2,200 sq ft, 4-bedroom, 3.5-bath home. A rare opportunity for developers and investors, this property comes with approved plans for a modern residence, offering the perfect foundation to bring this vision to life in one of the most sought-after neighborhoods in the area. Situated on a spacious, flat lot near Loyola Marymount University and LAX, this home is ready for immediate development, allowing you to bypass lengthy approval processes and get straight to building. Whether you're looking to create a brand-new luxury home or capitalize on the rapidly appreciating North Kentwood market, this property offers unparalleled potential. Its a great opportunity to secure a property in an area with high demand and ongoing development. With the perfect combination of location, approved plans, and opportunity, it won't last long. Don't miss out on transforming this property into your dream home or next investment project for quick flip.

Nearby schools

9/10
Cowan Avenue Elementary School
Public,K-60.2mi
8/10
Playa Del Rey Elementary School
Public,K-50.6mi
6/10
Kentwood Elementary School
Public,K-50.7mi
6/10
Playa Vista Elementary
Public,K-60.8mi
4/10
Loyola Village Elementary School
Public,K-51.3mi
5/10
Westport Heights Elementary School
Public,K-51.3mi
8/10
El Rincon Elementary School
Public,K-51.8mi
4/10
Paseo Del Rey Natural Science Magnet
Public,K-51.8mi
4/10
Highland Elementary School
Public,K-62.7mi
4/10
Oak Street Elementary School
Public,K-62.8mi
8/10
Coeur D'Alene Avenue Elementary School
Public,K-52.8mi
5/10
Felton Elementary School
Public,K-53.3mi
9/10
Center Street Elementary
Public,K-53.4mi
9/10
Richmond Street Elementary School
Public,K-53.5mi
6/10
Buford Elementary School
Public,K-53.6mi
8/10
Juan De Anza Elementary School
Public,K-54.1mi
4/10
Orville Wright Engineering And Design Magnet
Public,6-80.4mi
3/10
Parent (Frank D.) Elementary School
Public,K-82.1mi
7/10
Culver City Middle School
Public,6-82.4mi
2/10
Crozier (George W.) Middle School
Public,7-82.5mi
5/10
Lennox Middle School
Public,6-83.7mi
9/10
Richard Henry Dana Middle School
Public,6-84.8mi
4/10
Westchester Enriched Sciences Magnets
Public,9-121.4mi
8/10
Culver City High School
Public,9-122.4mi
6/10
Venice Senior High School
Public,9-122.6mi
2/10
Inglewood High School
Public,9-123.2mi
4/10
Hawthorne High School
Public,9-124.8mi
2/10
Morningside High School
Public,9-124.8mi
4/10
Lawndale High School
Public,9-126.0mi

Price History

Date
Event
Price
10/10/24
Sold
$1,400,000
Condition Rating
Poor

The property is described as a 'fixer opportunity' with plans for a new build, indicating the existing structure requires substantial repairs. Built in 1950, it's over 70 years old. The listing emphasizes the value of the approved plans for a new home, suggesting the current structure is not in good condition and likely requires significant rehabilitation or demolition.
Pros & Cons

Pros

Approved Development Plans: The property includes Ready to Issue (RTI) plans for a modern 2,200 sq ft, 4-bedroom, 3.5-bath home, saving significant time and resources on the approval process.
Prime Location: Located in the desirable North Kentwood area, near Loyola Marymount University and LAX, offering excellent access and high demand.
Development Opportunity: Presents a rare opportunity for developers and investors to capitalize on a rapidly appreciating market with a clear path to building a luxury home or a quick flip project.

Cons

Fixer Opportunity: The property is currently a 'fixer,' requiring significant renovation or construction to realize its full potential.
Existing Structure Condition: The description focuses on the future development, implying the current structure may require substantial work or demolition.

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