901 Westchester Place, Los Angeles, California 90019, Los Angeles, 90019 - 7 bed, 4 bath
901 Westchester Place
Los Angeles, California 90019
Property Price
SUMMARY
Analysis of 901 Westchester Place, Los Angeles, California 90019 reveals a Fairly Priced Property with a current list price of $1,650,000 aligned with the estimated $1,630,117 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 901 Westchester Place Subject | $1,650,000* List Price | 7 | 4 | 2,853 | $571 | - |
A 1023 S Wilton Place Active | $1,499,000 List Price | 7 | 7 | 2,660 | $564 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1922, the property has undergone cosmetic updates, including wood-style flooring and a fresh paint palette. However, the kitchens and bathrooms, while clean and functional, exhibit styles and features (e.g., cabinet designs, tile patterns, linoleum flooring in one kitchen, older white appliances in one unit) that appear to be 15-30 years old rather than recently renovated. The listing also notes 'unspecified system updates,' suggesting major systems like HVAC, electrical, and plumbing may not be new. The property is well-maintained but shows signs of being aged with outdated components, fitting the 'fair' category.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
The property is a three-unit residence, including a garage unit, offering significant potential for rental income or multi-generational living, appealing to both investors and owner-users.
- Prime Hancock Park Location
Situated in the highly desirable Hancock Park / Wilshire Park HPOZ, providing a prestigious address with proximity to premier dining, shopping, and cultural destinations in Los Angeles.
- Expansive Lot & Ample Parking
Features an oversized 7,157 sqft lot and convenient parking for 4-5 vehicles, a rare and valuable asset in a dense urban environment like Los Angeles.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2853, other record living area = 1986. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 3.
- Age of Property (1922)
Built in 1922, the property may have original or aging infrastructure (plumbing, electrical, roof, foundation) that could require significant maintenance, repairs, or costly upgrades in the near future.
- HPOZ Renovation Restrictions
Located within a Historic Preservation Overlay Zone (HPOZ), which may impose strict guidelines and limitations on exterior renovations and modifications, potentially increasing project complexity and costs for future owners.
About 901 Westchester Place
Exceptional opportunity for both investors and owner-users!!! Welcome to an elegant retreat in the heart of Hancock Park / Wilshire Park HPOZ. Set on an expansive, oversized lot in a quiet setting, this impressive three-unit residence offers a total of 7 bedrooms plus a den and 4 bathrooms, presenting refined living in one of Los Angeles’ most desirable neighborhoods. The layout is ideal for flexibility and income potential: First floor: 3 bedrooms and 2 bathrooms / Second floor: 2 bedrooms and 2 bathrooms / Garage unit: 2 bedrooms and 1 bathroom. Perfect for generating additional cash flow or accommodating extended family and guests. Inside, sun-drenched interiors feature wood-style flooring and a soft, neutral palette that creates a warm and sophisticated ambiance. A refined mid-century modern aesthetic flows throughout the property, offering a sense of calm, style, and seamless continuity. The spacious living areas are well-suited for casual mornings, family meals, or intimate gatherings, while generously sized rooms provide comfort and versatility. The den easily adapts as a home office, playroom, or guest space. Ample parking for 4–5 vehicles enhances convenience, making this property ideal for entertaining or multi-generational living. Located just minutes from Los Angeles’ premier dining, shopping, and cultural destinations, this home delivers both a peaceful retreat and a strong long-term investment. Don’t miss this rare opportunity to own a modern multi-unit gem infused with the historic charm of Hancock Park. Schedule your private showing today.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 7,157 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 97% |
| Baths | 4.0 | 2.0 | 72% |
| Square foot | 2,853 | 1,781.5 | 89% |
| Lot Size | 7,157 | 6,048.5 | 77% |
| Price | $1.65M | $1.36M | 69% |
| Price per sq ft | $578 | $760 | 17% |
| Built year | 1922 | 1926 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 175 | 8% |
Pricing History
Listed for Sale
Jan 6, 2026
$1,650,000
Initial Listing
Sold
Sep 29, 2011
$520,000
Public Record
Sold
May 2, 2005
$998,000
Public Record