8320 Airlane Avenue, Los Angeles, California 90045, Los Angeles, 90045 - 2 bed, 1 bath
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Los Angeles, California 90045
This property presents a High-Potential Investment Opportunity with a List Price of $995,000—positioned well below the $1,040,806 Fair Market Value by 4%. This valuation gap offers $45,806 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full rehab, yet the 7,451 sq.ft. corner lot provides significant ADU development potential. Located near top-rated schools like Center Street Elementary, this is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in Westchester.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8320 Airlane Avenue Subject | $995,000* List Price | 2 | 1 | 966 | $1,077 | - |
A 7610 Boeing Avenue Sold | $1,251,000 | 3 | 1 | 981 | $1,275 | 0.6 mi |
B 6456 W 87th Street Sold | $960,000 | 3 | 1 | 1,020 | $941 | 0.7 mi |
C 8436 Ramsgate Sold | $988,000 | 3 | 1 | 981 | $1,007 | 0.4 mi |
D 7741 Airport Boulevard Sold | $1,200,000 | 3 | 1 | 1,134 | $1,058 | 0.5 mi |
E 8843 De Haviland Sold | $880,000 | 2 | 1 | 1,106 | $796 | 0.4 mi |
F 6033 W 74th Street Sold | $1,275,000 | 3 | 1 | 1,309 | $974 | 0.8 mi |
G 5567 W West 79th Street Pending | $999,000 List Price | 2 | 1 | 1,140 | $876 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1943 and in mostly original condition, the property is over 80 years old with no significant renovations. It features a dated kitchen, obsolete wall heating systems, and aged interior finishes, clearly requiring a full rehab or major expansion as noted in the listing description.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7451, living area = 966.
Elementary School: Center Street Elementary (9/10). Middle School: Richard Henry Dana Middle School (9/10).
The property sits on a generous 7,451 sq.ft. corner lot with a detached garage, offering significant opportunities for expansion or the addition of an ADU to maximize value.
The home is in mostly original 1943 condition, likely requiring a substantial capital investment to update aging systems and interior finishes to modern standards.
As a trust sale requiring a 45-day Notice of Proposed Action, the transaction involves a more rigid timeline and procedural requirements compared to a standard equity sale.
Located on a corner lot in the desirable Westchester neighborhood, this 2-bedroom, 1-bathroom home offers 966 sq.ft. of living space on a 7,451 sq.ft. lot. The existing residence is in mostly original condition, presenting an excellent opportunity to renovate, expand, or reimagine the property. The detached garage and generous lot provide the potential to explore the addition of an ADU, creating added flexibility for future use. Westchester remains one of the Westside's most sought-after neighborhoods, known for its convenient access to Playa Vista, Silicon Beach, Loyola Marymount University, LAX, beaches, shopping, dining, and major commuter routes. With its corner lot location, detached garage, and generous lot size, the property is well suited for buyers looking to renovate, expand, or explore future development opportunities. Trust sale, requires 45 day Notice of Proposed Action.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 966 | 1,672 |
| Lot Size | 7,451 | 6,067 |
| Price | $995.0K | $1.37M |
| Price per sq ft | $1.0K | $801 |
| Built year | 1943 | 1939 |
| HOA | $0 | $348 |
| Days on market | 6 | 56 |
Jul 16, 2026
$995,000
Initial Listing