3972 Mclaughlin Avenue, Los Angeles, California 90066, Los Angeles, 90066 - 4 bed, 2 bath
ACTIVE$1,450,000
3972 Mclaughlin Avenue, Los Angeles, California 90066
4Beds
2Baths
1,538Sqft
4,569Lot
Year Built
1941
Close
-
List price
$1.45M
Original List price
$1.56M
Price/Sqft
$943
HOA
-
Days on market
-
Sold On
-
MLS number
25531771
Home ConditionPoor
Features
Patio
View
About this home
Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.45M(18th), sqft - 1538(32th), beds - 4(53th), baths - 2(47th).
Welcome to this charming 4-bedroom, 2-bathroom home in the heart of Mar Vista! Featuring a bright, open-concept floor plan, this home offers spacious living and dining areas, along with a detached garage that presents an excellent opportunity to convert into an ADU for additional income or guest use.Ideally located just 10 minutes from Marina del Rey and within 15 minutes of Venice, Santa Monica, and Culver City, you'll enjoy quick access to some of LA's most desirable neighborhoods. Conveniently close to schools, grocery stores, and within walking distance to local coffee shops.This is a great opportunity for investors and a prime fix-and-flip project for those looking to add value in a sought-after Westside location.
Nearby schools
6/10
Grand View Boulevard Elementary School
Public,•K-5•0.5mi
4/10
Charnock Road Elementary School
Public,•K-6•0.8mi
6/10
La Ballona Elementary School
Public,•K-5•0.9mi
8/10
Mar Vista Elementary School
Public,•K-5•1.1mi
7/10
Beethoven Street Elementary School
Public,•K-5•1.3mi
8/10
Clover Avenue Elementary School
Public,•K-5•1.5mi
4/10
Walgrove Avenue Elementary School
Public,•K-5•1.8mi
6/10
Richland Avenue Elementary School
Public,•K-6•1.9mi
8/10
Grant Elementary School
Public,•PK-5•2.5mi
7/10
Culver City Middle School
Public,•6-8•1.2mi
6/10
John Adams Middle School
Public,•6-8•2.8mi
8/10
Culver City High School
Public,•9-12•1.1mi
6/10
Venice Senior High School
Public,•9-12•1.3mi
6/10
University Senior High School
Public,•9-12•3.6mi
8/10
Santa Monica High School
Public,•9-12•3.7mi
Price History
Date
Event
Price
11/11/25
Price Change
$1,450,000-2.0%
10/07/25
Price Change
$1,480,000-1.3%
08/07/25
Price Change
$1,499,000
04/29/25
Listing
$1,565,000
08/03/94
Sold
$180,000
Condition Rating
Poor
Built in 1941, this property is explicitly marketed as a 'prime fix-and-flip project' that 'requires substantial renovation,' aligning with the 'Poor' condition criteria. While the visible bathrooms appear functional, their style (tiles, fixtures) is significantly dated, likely from 15-25 years ago. The living areas feature older hardwood floors and dated light fixtures. The absence of kitchen images suggests it is also in need of a complete overhaul. Given the age and the description, major systems (electrical, plumbing, HVAC) are likely original or very old and will require significant investment to bring the property up to current standards.
Pros & Cons
Pros
Exceptional Westside Location: Ideally situated in Mar Vista, offering quick access (10-15 minutes) to highly desirable neighborhoods like Marina del Rey, Venice, Santa Monica, and Culver City, enhancing its appeal and potential for appreciation.
Significant ADU Potential: The detached garage presents an excellent opportunity for conversion into an Accessory Dwelling Unit, providing a valuable avenue for additional rental income or expanded living space.
Strong Investment/Value-Add Opportunity: Explicitly positioned as a 'prime fix-and-flip project' and 'great opportunity for investors,' indicating clear potential for capital appreciation through strategic renovations.
Functional & Bright Layout: Features a bright, open-concept floor plan with spacious living and dining areas, which is a desirable characteristic for modern homeowners and renters.
Convenient Local Amenities: The property benefits from being conveniently close to schools, grocery stores, and within walking distance to local coffee shops, contributing to a desirable lifestyle.
Cons
Requires Substantial Renovation: Marketed as a 'fix-and-flip project,' implying that significant investment in time, resources, and capital will be necessary to update the property to current market standards and maximize its value.
Advanced Age of Property: Built in 1941, the home likely has older systems (e.g., plumbing, electrical, HVAC) that may require costly upgrades or replacements in the near future, adding to potential renovation expenses.
Recent Price Reductions: The listing has undergone multiple price drops from its original list price ($1.565M to $1.45M), which could suggest initial overpricing or challenges in attracting buyer interest, potentially impacting perceived market value.