
Los Angeles, California 90038
This 1925 Spanish Colonial Revival Asset is a Value-Add Restoration Project listed at $1,698,000, aligning with its $1,692,895 Fair Market Value. Currently holding a Condition Rating of 5, the property requires substantial infrastructure rehabilitation to modernize vintage systems. However, the 6,002 square foot lot and prime location near Melrose Avenue and Larchmont Village ensure high exit velocity and ROI potential within the Los Angeles Unified School District. This authentic character home is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-upside project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 758 N Mansfield Subject | $1,698,000* List Price | 3 | 2 | 1,658 | $1,021 | - |
A 833 N Las Palmas Avenue Sold | $1,950,000 | 3 | 2 | 1,800 | $1,083 | 0.2 mi |
B 716 N June Street Sold | $1,800,000 | 3 | 3 | 1,786 | $1,008 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1925 and marketed as a restoration opportunity, the property retains original character but requires substantial rehabilitation. The listing and analysis indicate vintage infrastructure needing major upgrades to electrical, plumbing, and climate control systems, along with a complete overhaul of the kitchen and bathrooms to meet modern standards.
This 1925 Spanish Colonial Revival gem retains its authentic character and soulful original details, offering a rare aesthetic that is highly coveted in the Los Angeles luxury market.
Situated on a premier tree-lined street just blocks from Melrose Avenue's trendy boutiques and the historic charm of Larchmont Village, the property boasts an exceptional walkability score in a high-demand neighborhood.
Featuring a generous 6,002 square foot lot with a large backyard, the property provides rare ample room for outdoor entertaining, gardening, or potential future expansion in a dense urban setting.
The home is explicitly positioned as a restoration opportunity, indicating that buyers will need to budget for substantial renovations to bring the property up to modern living standards.
Given its 1925 construction, the property likely requires costly upgrades to aging infrastructure, such as electrical, plumbing, and climate control systems, which are typical challenges for homes of this era.
STEP BACK IN TIME TO 1925 WITH THIS RARE, AUTHENTIC SPANISH COLORIAL REVIVAL GEM, LOCATED ON A PREMIER TREE-LINED STREET OFFERS A UNIQUE OPPORTUNITY FOR RESTORATION THOSE SEEKING A HOME WITH SOULFUL, ORIGINAL CHARACTOR. BEAUTIFUL SINGLE FLOOR HOME HAS OPEN FLOOR PLAN WITH 3 BEDROOMS, 2 BATHROOMS, LARGE LIVINGROOM, VERY BRIGHT KITCHEN AND HUGE BACKYARD. JUST BLOCKS AWAY FROM THE TRENDY BOUTIQUES AND DINING ON MELROSE AVENUE AND THE HISTORIC CHARM OF LARCHMONT VILLAGE.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 4.0 | 19% |
| Square foot | 1,658 | 1,956 | 19% |
| Lot Size | 6,002 | 1,814 | 62% |
| Price | $1.70M | $1.21M | 76% |
| Price per sq ft | $1.0K | $610 | 90% |
| Built year | 1925 | 2014 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 188 | 14% |
Mar 14, 2026
$1,698,000
Initial Listing