$1,699,000
OPEN SUN 2PM - 4PM $296K PRICE DROP

Estimated payment $10,265/month

Total Views 2,776
4 Beds
3 Baths
2,562 Sq Ft
$663 Price per Sq Ft

Highlights

  • Traditional Architecture
  • 4-minute walk to Expo/Bundy
  • No HOA
  • Richland Avenue Elementary Rated A-
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

Incredible development opportunity in prime West Los Angeles newly rezoned from R1 to R3 ! This spacious 4-bedroom, 3-bathroom single-family residence offers 2,562 square feet of living space on an expansive 5662-square-foot lot, ideally situated on a quiet, tree-lined street between Centinela Avenue and Bundy Drive, just two blocks from the Santa Monica border. Originally zoned R1, this property has been recently rezoned to R3, unlocking tremendous potential to build multi-family residences and capitalize on the rapid growth transforming the area. The neighborhood is experiencing a wave of new development, highlighted by the highly anticipated Carmel Partners project of 114 units underway right on the same street, and surrounded by modern multi-family construction taking advantage of the new zoning rules. For developers and investors, this is an exceptional canvas to design and build up to four contemporary units and capture strong retail pricing and long-term upside. For owner-users, the existing two-story home presents a fantastic opportunity to remodel and customize a large single-family residence to suit your taste while investing in a location with outstanding appreciation potential. In addition to redevelopment possibilities, the detached garage offers the exciting upside of converting into a beautiful Accessory Dwelling Unit (ADU), perfect for generating extra income or creating a stylish guest suite. This exceptional property is just minutes from Santa Monica Beach, shopping, dining, and top-rated schools, with easy access to the 10 Freeway and a short drive to LAX. Whether you're looking to build, redevelop, reimagine, or simply enjoy as-is, this rare offering is truly a gem with limitless possibilities and the promise of significant future returns. Don't miss your chance to secure an irreplaceable piece of West LA's most promising neighborhood.

Listing Agent

Dezireh Haghayeghi

Keller Williams Beverly Hills License #02083315 Listed on: 06/27/2025

Keller Williams Beverly Hills

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,566

Year Built

  • Built in 1973

Lot Details

  • 5,628 Sq Ft Lot
  • Lot Dimensions are 45x128
  • Tear Down
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper

Interior Spaces

  • 2,562 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room on Second Floor
  • Dining Area
  • Wood Flooring
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4259-029-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,566

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2562
  • Lot Acreage: 0.1292
  • Lot Dimensions: 45x128
  • Property Condition: Fixer, Repair Cosmetic, Tear Down, Repairs Major
  • Stories: 2
  • Year Built: 1973
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: OpenHouse

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Dining Area, Family Room, Living Room
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Washer
  • Price Per S Q F T: 663.15

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Any
  • View: Yes

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Ceiling Fan
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4259-029-014
  • Lot Location: Alley Access
  • Lot Size Area: 5628

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,566 $871,287 $613,132 $258,155
2024 $10,566 $854,204 $601,110 $253,094
2023 $10,367 $837,456 $589,324 $248,132
2022 $9,889 $821,036 $577,769 $243,267
2021 $9,757 $804,939 $566,441 $238,498
2019 $9,466 $781,066 $549,641 $231,425
2018 $9,385 $765,752 $538,864 $226,888
2016 $8,960 $736,020 $517,941 $218,079
2015 $8,829 $724,966 $510,162 $214,804
2014 $8,863 $710,766 $500,169 $210,597
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $1,699,000 -9.4% $663 / Sq Ft
07/16/2025 07/16/25 Price Changed $1,875,000 -6.0% $732 / Sq Ft
06/27/2025 06/27/25 For Sale $1,995,000 -- $779 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Advantage Title Inc
Interfamily Deed Transfer -- Lenders Choice Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,366,520 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $400,000 Unknown
Previous Owner $50,000 Unknown
Previous Owner $400,000 Unknown
Previous Owner $1,295,800 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

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Source: The MLS

MLS Number: 25558219

The MLS

APN: 4259-029-014