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3031 Vineyard Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 6 bed, 4 bath

3031 Vineyard Avenue, Los Angeles, California 90016 home-pic-0
ACTIVE$1,699,000
3031 Vineyard Avenue, Los Angeles, California 90016
6Beds
4Baths
1,152Sqft
5,202Lot
Year Built
1927
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$1,475
HOA
-
Days on market
-
Sold On
-
MLS number
OC25122849
Home ConditionExcellent
Features
View-

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.70M(99th), sqft - 1152(29th), beds - 6(94th), baths - 4(87th).

This brand-new construction, completed in 2025, offers incredible versatility with two legal addresses: 3031 and 3033 Vineyard Ave. The property includes a 3-bed, 2-bath main home and a detached 3-bed, 2-bath ADU, laundry area inside & new solar panels. Both units are designed with modern finishes, open floor plans, and bright kitchens ideal for comfortable living and entertaining. Built to the latest codes and set on a raised foundation, this property also offers peace of mind with added flood protection. Located in a much-desired neighborhood, west of Jefferson and south of Midcity. Easy access to Culver City, Hollywood, USC, and LAX. Property presents a opportunity for investors, multi-generational living, or simply enjoying the benefits of a spacious and income generating property!

Nearby schools

5/10
Cienega Elementary School
Public,•K-5•0.5mi
5/10
Virginia Road Elementary School
Public,•K-5•0.5mi
6/10
Marvin Elementary School
Public,•K-5•1.1mi
6/10
Baldwin Hills Elementary School
Public,•K-5•1.1mi
4/10
Alta Loma Elementary School
Public,•K-5•1.2mi
3/10
Sixth Avenue Elementary School
Public,•K-5•1.4mi
3/10
Arlington Heights Elementary School
Public,•K-5•1.6mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.6mi
2/10
Audubon Middle School
Public,•6-8•1.6mi
3/10
Daniel Webster Middle School
Public,•6-8•5.0mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•0.3mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•2.4mi

Price History

Date
Event
Price
07/06/22
Sold
$825,000
07/05/22
Sold
$795,000
Condition Rating
Excellent
Despite the original build year of 1927, the listing explicitly states 'brand-new construction, completed in 2025,' which is strongly supported by the images. The property features modern finishes throughout, including a bright, open-concept kitchen with white shaker cabinets, stainless steel appliances, and recessed lighting. Bathrooms are equally modern with new vanities, black hardware, contemporary light fixtures, and glass-enclosed showers. All components appear new, meeting current quality standards with no visible deferred maintenance, aligning perfectly with the 'excellent' criteria for a newly built or extensively renovated property.
Pros & Cons

Pros

New Construction & Modern Appeal: The property is described as brand-new construction completed in 2025, featuring modern finishes, open floor plans, and bright kitchens, appealing to buyers seeking contemporary, move-in ready homes.
Dual Income/Multi-Generational Potential: With two legal addresses (3031 and 3033 Vineyard Ave), a main home, and a detached ADU, the property offers significant flexibility for rental income, multi-generational living, or house hacking.
Strategic Location & Accessibility: Situated in a desirable neighborhood with easy access to major hubs like Culver City, Hollywood, USC, and LAX, enhancing its appeal for commuters and those seeking urban convenience.
Energy Efficiency & Modern Infrastructure: Equipped with new solar panels, built to the latest codes, and set on a raised foundation with flood protection, offering long-term cost savings and peace of mind regarding structural integrity.
Versatile Layout with Multiple Units: The configuration of a 3-bed/2-bath main home and a 3-bed/2-bath ADU provides a total of 6 bedrooms and 4 bathrooms, catering to diverse living arrangements and maximizing utility.

Cons

Significant Discrepancy in Property Age: The MLS data lists the year built as 1927, directly contradicting the description's claim of 'brand-new construction, completed in 2025.' This inconsistency requires immediate clarification and could raise concerns about the property's true condition and history.
Potential Overpricing Relative to Valuation: The current list price of $1,699,000 is considerably higher than the estimated property value of $1,452,856, and a comparative listing for the same address is priced even lower at $1,299,000, suggesting the property may be significantly overpriced.
Limited Square Footage for Bed/Bath Count: With a total of 1152 sqft for 6 bedrooms and 4 bathrooms across two units, the individual living spaces are likely very compact, which might not meet the expectations of buyers looking for spacious accommodations at this price point.

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