
Los Angeles, California 90019
This 1923 residence represents a High-Potential Investment Opportunity, listed at a List Price of $1,644,200—positioned slightly above the $1,604,454 Fair Market Value. While requiring significant capital for modernization, the property’s Fair Condition Rating and 7,273 sq. ft. lot provide a rare canvas for value-add restoration in a premier Los Angeles neighborhood. The home’s historic architecture and central location near Miracle Mile offer long-term appreciation potential. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors focused on high-end historic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 929 S Muirfield Road Subject 5 bd · 3 ba · 2,170 sqft · $739 | $1,644,200* List Price | 5 | 3 | 2,170 | $739 | - |
A 933 S Mullen Avenue Sold 3 bd · 1 ba · 1,424 sqft · $927 · 0.1 mi | $1,320,000 | 3 | 1 | 1,424 | $927 | 0.1 mi |
B 938 S Plymouth Boulevard Sold 3 bd · 2 ba · 1,480 sqft · $789 · 0.3 mi | $1,167,000 | 3 | 2 | 1,480 | $789 | 0.3 mi |
C 1215 Crenshaw Boulevard Active 3 bd · 1 ba · 2,578 sqft · $543 · 0.7 mi | $1,400,000 List Price | 3 | 1 | 2,578 | $543 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923 with no mention of recent renovations; the listing's emphasis on 'restoration' and 'potential' suggests the kitchen, baths, and systems are significantly aged (>30 years) and require a full rehab. The exterior shows signs of neglect and overgrowth.
Situated in the prestigious Hancock Park-Wilshire area, this property offers exceptional proximity to Miracle Mile, world-class museums, and major Los Angeles employment centers.
The generous 7,273 sq. ft. lot combined with a 5-bedroom layout provides a rare canvas for restoration or expansion in a high-demand neighborhood.
Built in 1923, the home features classic traditional architecture and a versatile layout that retains the timeless charm highly sought after in the Los Angeles luxury market.
The property is positioned as a restoration opportunity, suggesting that significant capital investment is likely needed to update the interior and systems to modern standards.
Given its 1923 construction, the home may face challenges common to century-old properties, such as outdated electrical, plumbing, or foundation elements that require attention.
Classic character. Incredible location. Endless potential. Situated on a tree-lined street in the heart of Los Angeles, this 5-bedroom, 3-bath residence offers approximately 2,170 sq. ft. of living space on a spacious 7,273 sq. ft. lot. Built in 1923, the home showcases traditional architecture and a versatile layout ideal for a variety of living arrangements. Conveniently located near Hancock Park, Miracle Mile, museums, restaurants, shopping, entertainment, and major employment centers. Whether you're looking to restore, update, or simply enjoy the charm of a historic-era home, this property offers a rare opportunity in a premier neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,170 | 1,670.836 |
| Lot Size | 7,273 | 6,152.156 |
| Price | $1.64M | $1.34M |
| Price per sq ft | $758 | $807 |
| Built year | 1923 | 1941 |
| HOA | $0 | $238 |
| Days on market | 16 | 56 |
Oct 24, 2026
$1,644,200
Initial Listing
Jun 29, 2001
$425,000
Public Record