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8966 Cadillac Avenue, Los Angeles, California 90034, Los Angeles, 90034 - 1 bed, 1 bath

8966 Cadillac Avenue, Los Angeles, California 90034 home-pic-0
ACTIVE$999,000
8966 Cadillac Avenue, Los Angeles, California 90034
1Bed
1Bath
666Sqft
5,075Lot

Price Vs. Estimate

The estimated value ($839,300.395) is $159,699.605 (15%) lower than the list price ($999,000). This property may be overpriced.

Key pros and cons

Top Pros:
Development Potential: The property boasts rare LARD2 multi-family zoning on a generously sized 5,075 sqft lot, offering significant opportunities for expansion, ADU addition, or full redevelopment, making it highly attractive to investors and developers.
Top Cons:
Limited Living Space: With only 666 square feet, 1 bedroom, and 1 bathroom, the existing home offers very limited interior living space, which may not suit buyers seeking more room or accommodating a growing household.

Compared to the nearby listings

Price:$999.0K vs avg $1.62M ($-626,000)4%
Size:666 sqft vs avg 1,742 sqft1%
Price/sqft:$1.5K vs avg $98993%

More Insights

Built in 1925 (100 years old).
Condition: The property, built in 1925, is well-maintained for its age but shows signs of being outdated in key areas. The kitchen features older white appliances, painted cabinets, and an outdated fluorescent light fixture, indicating it has not undergone a recent modern renovation. While the bathroom is clean and functional with a charming clawfoot tub and classic subway tile, its style is distinctly vintage rather than contemporary. The wood-look flooring appears to be in good condition. The overall condition suggests the home is move-in ready but would benefit from minor updates to bring it to current aesthetic and functional standards, aligning with the 'Fair' category.
Year Built
1925
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$1,500
HOA
-
Days on market
-
Sold On
-
MLS number
25571095
Home ConditionFair
Features
Good View: City Lights, Trees/Woods
Patio
ViewCity Lights,Trees/Woods

About this home

Dreaming of your first home or seeking a promising investment? Discover 8966 Cadillac, a vintage 1925 California Bungalow offering both character and endless opportunities, tucked along a majestic, tree-lined street. This residence sits on a standard-sized LARD2 multi-family zoned lot, one of the most compelling values on the Westside. Step onto the welcoming covered porch and enter an efficient, sun-filled layout featuring wood flooring and a front-facing living room with picture window. The dining area seamlessly connects to the kitchen, where a breakfast bar and dining nook overlook your private, fenced rear yard shaded by a soaring pine tree. Unwind in the spa-inspired bathroom, complete with a statement claw foot tub. Modern conveniences include a side-by-side washer and dryer, tucked in the utility room with direct access to the outdoors and an oversized single-car garage ideal for storage, creative workspace, or a future ADU. Investors and developers will note the true rarity: multi-family zoning plus a generously sized lot for expansion, ADU addition, or redevelopment. First-time buyers can envision customizing this classic home with light renovations or growing into it over time, building equity in a highly desirable location. Enjoy an unbeatable lifestyle in the vibrant South Robertson/Beverlywood/Reynier Village neighborhoods, with easy commutes to Century City, Culver City, Beverly Hills, Santa Monica, and more. Community parks, cafes, and schools enhance day-to-day life, while close freeway access offers ultimate connectivity. Whether you're ready to move in, reimagine the space, or launch a new project, 8966 Cadillac is a unique chance to create value and make your mark on LA's Westside. Explore today and unlock the many possibilities this property holds.

Price History

Date
Event
Price
04/09/19
Sold
$815,000
07/29/16
Sold
$540,000
Condition Rating
Fair
The property, built in 1925, is well-maintained for its age but shows signs of being outdated in key areas. The kitchen features older white appliances, painted cabinets, and an outdated fluorescent light fixture, indicating it has not undergone a recent modern renovation. While the bathroom is clean and functional with a charming clawfoot tub and classic subway tile, its style is distinctly vintage rather than contemporary. The wood-look flooring appears to be in good condition. The overall condition suggests the home is move-in ready but would benefit from minor updates to bring it to current aesthetic and functional standards, aligning with the 'Fair' category.
Pros & Cons

Pros

Development Potential: The property boasts rare LARD2 multi-family zoning on a generously sized 5,075 sqft lot, offering significant opportunities for expansion, ADU addition, or full redevelopment, making it highly attractive to investors and developers.
Prime Westside Location: Located in the vibrant South Robertson/Beverlywood/Reynier Village neighborhoods, it provides an unbeatable lifestyle with easy commutes to major employment hubs like Century City, Culver City, Beverly Hills, and Santa Monica, plus excellent freeway access.
ADU Conversion Opportunity: The oversized single-car garage is explicitly highlighted as ideal for a future ADU, presenting a clear and valuable opportunity to add living space or generate rental income.
Vintage Charm & Customization: This 1925 California Bungalow retains desirable character features like wood flooring and a spa-inspired bathroom with a claw foot tub, offering a charming foundation for first-time buyers to personalize and build equity.
Desirable Street & Private Outdoor Space: Situated on a majestic, tree-lined street, the property includes a welcoming covered porch and a private, fenced rear yard shaded by a soaring pine tree, enhancing its curb appeal and livability.

Cons

Limited Living Space: With only 666 square feet, 1 bedroom, and 1 bathroom, the existing home offers very limited interior living space, which may not suit buyers seeking more room or accommodating a growing household.
Age-Related Updates Required: Built in 1925, the property, despite its charm, is likely to require significant updates to major systems (e.g., electrical, plumbing, HVAC) beyond 'light renovations' to meet modern comfort and efficiency standards, incurring additional costs.
High Price Point for Size: The nearly $1,000,000 list price for a 666 sqft home, while justified by its development potential and lot, may be perceived as high by buyers primarily focused on the existing interior living space rather than future expansion or investment opportunities.

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