8946 Olin Street, Los Angeles, California 90034, Los Angeles, 90034 - 3 bed, 2 bath
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Los Angeles, California 90034
This property presents a Strong Value Opportunity with a List Price of $1,360,000—positioned well below the $1,445,852 Fair Market Value by 5%. This valuation gap offers $85,852 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 4, the home requires cosmetic updates to its 1936 vintage infrastructure. The 6,606 sq. ft. lot provides significant upside for expansion. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8946 Olin Street Subject | $1,360,000* List Price | 3 | 2 | 1,509 | $958 | - |
A 9400 Kramerwood Place Sold | $1,530,000 | 3 | 2 | 1,544 | $991 | 0.4 mi |
B 2801 Bagley Avenue Sold | $1,375,000 | 3 | 2 | 1,328 | $1,035 | 0.3 mi |
C 1944 Chariton Street Sold | $1,190,000 | 3 | 2 | 1,497 | $795 | 0.7 mi |
D 8617 Olin Street Sold | $1,200,000 | 3 | 2 | 1,221 | $983 | 0.4 mi |
E 1965 S Corning Street Active | $1,250,000 List Price | 3 | 2 | 1,488 | $840 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1936, the property is significantly dated. Even the virtually enhanced photos show a kitchen with 20-30 year old styling (honey oak cabinets and older appliances). The listing explicitly states the home needs the hardwood floors refinished and fresh paint to be 'brought back to life,' fitting the criteria for a dated home needing repairs and updates.
Situated in the desirable Reynier Village, the property offers excellent proximity to Culver City, Beverlywood, and major transit corridors while maintaining a quiet, tree-lined neighborhood feel.
The 6,606 sq. ft. lot provides ample space for a private backyard sanctuary, potential pool, or outdoor entertaining area, which is a premium feature in the Los Angeles market.
With original hardwood floors and a classic footprint, this home serves as a perfect canvas for cosmetic renovations or structural reimagining to quickly build property equity.
The property requires immediate investment in refinishing floors and painting, and likely needs modern updates to the kitchen and bathrooms to reach its full market potential.
Built in 1936, the home may require costly upgrades to aging systems such as plumbing, electrical, or HVAC to meet contemporary building standards and buyer expectations.
The right buyer will come in and refinish the natural hardwood floors and add fresh paint to bring this charming Reynier Village home back to life--see the virtually enhanced photos. Tucked away on a quiet, tree-lined street, 8946 Olin Street is the kind of opportunity buyers are always hoping to find.This 3-bedroom, 2-bath residence sits on a 6,600+ sq. ft. lot in one of Los Angeles' best-kept secret neighborhoods where home price appreciation is on the rise. Inside, the home offers a classic footprint with great natural flow, generously sized closets, and endless potential to be reimagined into a warm, light-filled retreat.Whether you are dreaming of opening up the living spaces, designing a chef's kitchen, or creating a more luxurious primary suite, the canvas is here. Step outside and envision what is possible: a private backyard sanctuary with room for a pool, outdoor dining, and the indoor-outdoor lifestyle buyers love.Just moments from the shops, cafes, and restaurants along Robertson Boulevard, and minutes to Culver City, Beverlywood, the 10, and the 405, this location offers exceptional convenience while still preserving the calm of a true neighborhood setting. This is more than a home. It is an opportunity to build equity, create a lifestyle, and plant roots in a neighborhood people hold onto for years. This opportunity will not last long!
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 | 2.0 | 50% |
| Square foot | 1,509 | 1,636 | 39% |
| Lot Size | 6,606 | 5,923 | 77% |
| Price | $1.36M | $1.62M | 28% |
| Price per sq ft | $901 | $1.0K | 25% |
| Built year | 1936 | 1944 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 138 | 4% |
May 15, 2026
$1,360,000
Initial Listing