2755 Kelton Avenue, Los Angeles, California 90064, Los Angeles, 90064 - 3 bed, 2 bath
ACTIVE$1,326,000
2755 Kelton Avenue, Los Angeles, California 90064
3Beds
2Baths
1,340Sqft
6,194Lot
Year Built
1940
Close
-
List price
$1.33M
Original List price
$1.33M
Price/Sqft
$990
HOA
-
Days on market
-
Sold On
-
MLS number
25550461
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 18% below the list price. We found 4 Cons,5 Pros. Rank: price - $1.33M(8th), sqft - 1340(18th), beds - 3(50th), baths - 2(42th).
This charming 3bed/2bath in the coveted Rancho Park neighborhood of West LA presents an amazing opportunity for any flipper or developer looking to take advantage of the extremely low Westside inventory. The subject property sits on a 6,194 sqft lot, and consists of 1,340 sqft of house with plenty of space to add sqft. Part of the coveted Clover Avenue Elementary School district. It's also within close proximity to the Rancho Park Golf Course, Sawtelle Blvd, and the Westwood Blvd corridor. Selling Agent is co-owner in the house.
Price History
Date
Event
Price
06/06/25
Sold
$1,200,000
06/05/25
Sold
$1,000,000
Condition Rating
Poor
Built in 1940, this property is explicitly marketed as an 'opportunity for any flipper or developer' and requires 'substantial capital investment.' The lack of interior photos and specific mentions of updated kitchens, bathrooms, or major systems strongly suggests these areas are in poor, outdated condition. The exterior image shows signs of deferred maintenance, such as a cracked driveway and a generally dated appearance, reinforcing the need for extensive rehabilitation rather than minor updates.
Pros & Cons
Pros
Prime West Los Angeles Location: Situated in the 'coveted Rancho Park neighborhood' with excellent proximity to amenities like Rancho Park Golf Course, Sawtelle Blvd, and the Westwood Blvd corridor, ensuring high demand and desirability.
High-Potential Investment Opportunity: Explicitly marketed as an 'amazing opportunity for any flipper or developer,' indicating significant upside potential through renovation, expansion, or redevelopment in a low-inventory Westside market.
Desirable School District: Located within the 'coveted Clover Avenue Elementary School district,' a major draw for families and a factor that enhances property value and marketability.
Ample Lot Size for Expansion: The 6,194 sqft lot offers 'plenty of space to add sqft,' providing flexibility for future home expansion or the addition of an Accessory Dwelling Unit (ADU), increasing potential value.
Strong Demand for Renovated Properties: Comparative sales data for similar properties in the area shows a robust market for homes that have undergone renovation or offer development potential, suggesting a clear path to value appreciation.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-06-06. The sold price is $1,200,000.00. The property was recently sold within the past year on 2025-06-05. The sold price is $1,000,000.00.
Significant Overpricing Relative to Current Condition: The list price of $1,326,000 is considerably higher than the estimated value of $1,078,541.93 (an 18% difference), suggesting it is priced above market expectations for its current state, especially given the implied need for extensive work.
Requires Substantial Capital Investment: The property is presented as a 'flipper or developer' opportunity, implying it requires significant financial outlay for renovation, modernization, or expansion to meet current market standards and realize its full potential.
Selling Agent Co-Ownership Disclosure: The disclosure that the 'Selling Agent is co-owner in the house' could be perceived as a potential conflict of interest by some buyers, possibly impacting negotiation dynamics or buyer confidence.