7459 Mcconnell Ave, Los Angeles, California 90045, Los Angeles, 90045 - 2 bed, 2 bath
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Los Angeles, California 90045
This property presents a High-Potential Investment Opportunity with a List Price of $1,699,000—positioned well below the $1,974,591 Fair Market Value by 13%. This valuation gap offers $275,591 in Instant Equity for buyers. With a Condition Rating of 6, the home is a prime candidate for a full-scale reconstruction or custom build. The expansive 15,509 sqft lot and Panoramic Views of the Pacific and city skyline provide a rare canvas for Buy-and-Hold Investors or Owner-Occupants seeking a luxury development project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7459 Mcconnell Ave Subject | $1,699,000* List Price | 2 | 2 | 1,579 | $1,251 | - |
A 6413 W 77 Street Sold | $1,822,000 | 3 | 2 | 1,520 | $1,199 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1951 (73 years old) with no evidence of renovation. The listing description explicitly markets the property as an opportunity to build from the ground up. Visuals confirm a highly dated interior with acoustic tile ceilings, stained carpeting, and exterior neglect, indicating the property is being sold for land value and its panoramic views.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15509, living area = 1579.
Elementary School: Center Street Elementary (9/10). Middle School: Richard Henry Dana Middle School (9/10).
Perched on the Westchester bluffs, the property offers rare and expansive views encompassing the Pacific Ocean, Santa Monica Mountains, and the Downtown Los Angeles skyline.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =15509, other record lot size in square feet = 15372.
The existing 1951 structure is marketed for its land value and vision, requiring a buyer with the capital and appetite for a full-scale reconstruction or major remodel.
While elementary options are strong, the assigned high school carries a low rating of 2/10, which may be a concern for families prioritizing long-term public education pathways.
A Rare Opportunity Awaits... Envision building your dream home or creating a custom remodel that reflects your unique style—all while enjoying breathtaking panoramic views. From the City skyline and the Pacific Ocean to the scenic Santa Monica Mountains, Downtown Los Angeles, the Ballona Wetlands, and Palos Verdes, the vistas are truly spectacular. Perched atop the Westchester bluffs,?this property is ready for a fresh new vision. Whether you choose to build from the ground up or reimagine the existing home, this is your chance to create an extraordinary residence in an incredible setting. Build the home you have always imagined—with views that inspire every day. Love Where You Live...
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,579 | 1,672 |
| Lot Size | 15,509 | 6,067 |
| Price | $1.70M | $1.37M |
| Price per sq ft | $1.1K | $801 |
| Built year | 1951 | 1939 |
| HOA | $0 | $348 |
| Days on market | 16 | 56 |
Jul 6, 2026
$1,699,000
Initial Listing
May 17, 1996
$300,500
Public Record