940 Westchester Place, Los Angeles, California 90019, Los Angeles, 90019 - 5 bed, 3 bath
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Los Angeles, California 90019
This Stunningly Remodeled Historic Home is a Strong Value Opportunity, listed at $1,999,000—positioned well below the $2,003,212 Fair Market Value by 0.21%. This valuation gap offers $4,212 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the property includes a Chef's Kitchen, Massive Pool, and significant ADU Potential on its spacious corner lot. This residence balances historic 1920s character with modern luxury, making it an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 940 Westchester Place Subject | $1,999,000* List Price | 5 | 3 | 2,647 | $757 | - |
A 971 3rd Avenue Sold | $1,540,000 | 5 | 3 | 2,214 | $696 | 0.1 mi |
B 907 Westchester Place Sold | $1,850,000 | 4 | 4 | 3,456 | $535 | 0.1 mi |
C 924 Westchester Place Active | $1,550,000 List Price | 3 | 3 | 2,268 | $683 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was extensively restored in 2015, placing the renovation age at approximately 11 years. The kitchen and bathrooms feature high-quality modern finishes, including natural stone islands and contemporary tiling, and the home is in well-maintained, move-in ready condition.
This 1921 Dutch Colonial in the Wilshire Park HPOZ was meticulously restored in 2015, seamlessly blending original architectural details like restored wooden windows with a contemporary open floor plan and a high-end chef's kitchen.
Situated on a spacious 8,119 sqft corner lot, the property features a massive pool and a two-car garage with significant potential to develop a two-story ADU or poolhouse, offering a rare opportunity to increase square footage and equity.
The upper-level primary suite serves as a sophisticated sanctuary, featuring elevated ceilings, a large private balcony, a walk-in closet, and a spacious ensuite bathroom, providing a level of luxury often missing in historic homes.
As the property is located within a Historic Preservation Overlay Zone, any future exterior modifications or the construction of an ADU will be subject to strict city guidelines and oversight, which can complicate and delay renovation projects.
Despite the premium price point and the inclusion of a private balcony in the primary suite, the property lacks any significant city or landscape views, which may be a drawback for buyers prioritizing a scenic outlook.
Stunningly remodeled historic Dutch Colonial home located in the Wilshire Park HPOZ. Lovingly restored in 2015, this special residence retains its original 1920's character while also featuring today's modern amenities, providing for the best of both worlds. Situated on a spacious corner lot, this sun drenched home is highlighted by an open floor plan encompassing the oversized living room, kitchen, and cozy dining room, creating a functional flow. The striking chef's kitchen includes stainless steel appliances, custom cabinetry, and an oversized natural stone island, perfect for entertaining. High ceilings and beautifully restored wooden windows stream natural light into the first floor of the home, which also features a downstairs suite and a flexible living space that could function as a bedroom, office, gym, or playroom. Upstairs leads to the picture perfect bedroom level, which includes two bright, south facing guest rooms sharing a well appointed bathroom, a laundry area, and of course the sumptuous primary suite. With elevated ceilings, a huge private balcony, a walk in closet, and a spacious ensuite bathroom, this retreat is a dream come true. The generously-sized backyard is both flexible and functional. Relax by the massive pool, enjoy alfresco dining on the patio, or use the driveway and two car garage to house your car collection. A potential poolhouse, cabana, or two story ADU awaits as a possibility for any buyer looking to add value or additional space.This uncommon residence is a unique opportunity, make sure it doesn't pass you by!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 92% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 2,647 | 1,784.5 | 86% |
| Lot Size | 8,119 | 6,207.5 | 88% |
| Price | $2.00M | $1.31M | 78% |
| Price per sq ft | $755 | $784 | 47% |
| Built year | 1921 | 1928 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 147 | 6% |
May 6, 2026
$1,999,000
Initial Listing
Feb 3, 2016
$1,498,000
Public Record