12930 Gilmore, Los Angeles, California 90066, Los Angeles, 90066 - 3 bed, 2 bath
ACTIVE$2,495,000
12930 Gilmore, Los Angeles, California 90066
3Beds
2Baths
1,660Sqft
6,873Lot
Year Built
1947
Close
-
List price
$2.5M
Original List price
$2.8M
Price/Sqft
$1,503
HOA
-
Days on market
-
Sold On
-
MLS number
PW25034912
Home ConditionExcellent
Features
Deck
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 26% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.50M(61th), sqft - 1660(40th), beds - 3(50th), baths - 2(47th).
Charming 3-Bedroom, 2-Bathroom Home in the Heart of Palms-Mar Vista-Del Rey Discover this delightful single-story home with an ADU two-story building nestled in the highly sought-after Palms-Mar Vista-Del Rey neighborhood. Accessory Dwelling Unit (ADU) providing additional living space. Total square footage: 1660 single story and additional living unit 1197 sq.ft. Features in Accessory Dwelling Unit (ADU) – 1,197 Sq. Ft. • Three bedrooms, 2.5 bathrooms with high ceilings • Private deck for outdoor enjoyment • Separate living space offering flexibility and comfort This unique property blends style, space, and prime location, making it an incredible place to call home.
Nearby schools
6/10
Short Avenue Elementary School
Public,•K-6•0.2mi
6/10
Grand View Boulevard Elementary School
Public,•K-5•0.9mi
5/10
Braddock Drive Elementary School
Public,•K-5•1.0mi
7/10
Beethoven Street Elementary School
Public,•K-5•1.2mi
3/10
Stoner Avenue Elementary School
Public,•K-5•1.2mi
8/10
Coeur D'Alene Avenue Elementary School
Public,•K-5•1.3mi
8/10
Playa Del Rey Elementary School
Public,•K-5•1.4mi
6/10
La Ballona Elementary School
Public,•K-5•2.2mi
9/10
Farragut Elementary School
Public,•K-5•2.3mi
8/10
El Rincon Elementary School
Public,•K-5•2.4mi
2/10
Marina Del Rey Middle School
Public,•6-8•0.5mi
4/10
Mark Twain Middle School and World Languages Magnet
Public,•6-8•1.3mi
7/10
Culver City Middle School
Public,•6-8•2.2mi
6/10
Venice Senior High School
Public,•9-12•1.0mi
8/10
Culver City High School
Public,•9-12•2.2mi
Condition Rating
Excellent
Despite being built in 1947, the property has undergone extensive and high-quality renovations, particularly evident in the kitchens and bathrooms. Both kitchens feature modern white shaker cabinets, white countertops, and new stainless steel appliances (including a French door refrigerator, double wall oven, gas range, and range hood). The bathrooms are updated with contemporary vanities, backlit mirrors, and new tiling. New laminate wood flooring and fresh white paint are present throughout the living spaces. The overall condition of the visible interiors, including the ADU, appears virtually new and meets current quality standards, aligning with the 'extensively renovated within 5 years' criterion for an excellent score.
Pros & Cons
Pros
Great Schools: Elementary School: Farragut Elementary School (9/10).
Income-Generating ADU: Features a substantial two-story, 3-bedroom, 2.5-bathroom Accessory Dwelling Unit (ADU) totaling 1,197 sqft, complete with high ceilings and a private deck, offering significant rental income potential or flexible living arrangements.
Desirable Westside Location: Situated in the highly sought-after Palms-Mar Vista-Del Rey neighborhood, known for its strong demand, community amenities, and potential for property value appreciation.
Generous Combined Living Space: Offers a substantial total living area of 2,857 sqft, combining the 1,660 sqft main house and the 1,197 sqft ADU, providing ample space for various household needs.
Large Lot Size: The property boasts a sizable 6,873 sqft lot, which is valuable in an urban setting, offering outdoor space, privacy, and potential for further landscaping or amenities.
Versatile Property Use: The presence of a separate ADU allows for exceptional versatility, accommodating multi-generational living, a dedicated home office, or a guest house, appealing to a broad range of buyers.
Cons
Age of Main Residence: Built in 1947, the main house's age may imply a need for updates to its systems (e.g., plumbing, electrical) or aesthetics to align with modern buyer expectations, as no specific renovations are mentioned for it.
Significant Price Adjustment: A substantial reduction from the original list price of $2.8M to $2.495M (over 10%) could indicate initial overpricing or prolonged market time, potentially raising buyer concerns about value or condition.
Discrepancy with Property Estimation: The current list price of $2.495M is considerably higher than the estimated property value of $1.83M, suggesting a potential overvaluation according to market analytics or recent comparable sales.