
Los Angeles, California 90034
This property presents a Prime Investment Opportunity with a List Price of $1,195,000—positioned well below the $1,225,000 Fair Market Value by 2%. This valuation gap offers $30,000 in Instant Equity. Featuring a Fair Condition Rating (4/10), the home offers a versatile bonus room and LARD1.5 Zoning, providing significant development upside. While the systems require modernization, the prime Beverlywood location ensures long-term demand. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build value through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8708 Cadillac Avenue Subject | $1,150,000* List Price | 2 | 2 | 1,112 | $1,102 | - |
A 1978 S Holt Avenue Active | $1,550,000 List Price | 3 | 2 | 1,160 | $1,336 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is an 84-year-old bungalow with some mid-range updates like bamboo flooring. However, the bathroom features dated plastic inserts, and the presence of a portable AC unit suggests the lack of a modern central HVAC system. While functional and move-in ready, the home is dated and requires modernization of systems and wet areas.
The property is zoned LARD1.5, offering significant investment upside and future development opportunities in a high-demand Westside location.
Situated in the highly sought-after Beverlywood vicinity near Venice and La Cienega Blvds, providing excellent accessibility to major employment hubs and amenities.
The home features a functional open floor plan with bamboo flooring and a flexible bonus room that can serve as a home office, studio, or guest space.
At just 2,999 square feet, the lot is relatively small, which may restrict outdoor activities and limit the appeal for buyers seeking significant yard space.
The washer and dryer hookups are located outdoors, which is a less convenient arrangement compared to modern interior laundry facilities.
Newly Priced to Sell in Prime BeverlywoVicinity ! Don't miss this exceptional opportunity to own a charming California bungalow in one of the Westside's most desirable neighborhoods, in Beverlywood. Ideally located just minutes from Beverly Hills, Century City, Culver City, and the area's premier shopping, dining, and entertainment, this newly priced home offers incredible value in a highly sought-after location. Featuring 2 bedrooms, 2 bathrooms, and a versatile bonus room, the home blends timeless character with everyday comfort. The bright, open floor plan showcases beautiful bamboo flooring throughout the living areas and bedrooms, tile flooring in the kitchen, and flexible living spaces perfect for today's lifestyle. The bonus room is ideal as a home office, guest room, gym, or creative studio. Additional amenities include outdoor washer and dryer hookups, a rear storage shed, two front parking spaces, plus an additional rear parking space with convenient alley access. Zoned LARD1.5, this property also offers outstanding future development and investment potential. Whether you're a first-time buyer, owner-user, or investor looking to secure a property in one of the Westside's most desirable neighborhoods at an attractive new price, this is an opportunity you won't want to miss. Motivated seller ready to consider reasonable offers.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,112 | 1,672 |
| Lot Size | 2,999 | 6,067 |
| Price | $1.15M | $1.37M |
| Price per sq ft | $1.0K | $801 |
| Built year | 1940 | 1939 |
| HOA | $0 | $348 |
| Days on market | 55 | 56 |
Jun 29, 2026
$1,150,000
$1,195,000
-4% Price Drop
Initial Listing
Jun 18, 2026
$1,195,000
$1,225,000
-2% Price Drop
Initial Listing
May 28, 2026
$1,225,000
Initial Listing
Dec 11, 1998
$130,000
Public Record