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4250 Michael Ave, Los Angeles, CA 90066

Sale Price: $1,925,000
May 24, 20242,352 sqft6 beds4 baths
Listed by: Justin Vold
License #: 01818571
Phone #: 310-895-5025
Redfin
Source:
CRMLS Logo
MLS #: 24396259

Property Description

Introducing a remarkable property that offers the perfect blend of comfort, convenience, and income potential. This exquisite home features a traditional main house boasting four bedrooms and two baths, complemented by a fenced front yard offering privacy and charm. As you step inside the main house, you'll be embraced by a warm and inviting atmosphere, offering ample space for living and entertaining. The kitchen is well-designed, while the cozy bedrooms provide a tranquil haven for the entire family. Adjacent to the main house, you'll discover the rear ADU (Accessory Dwelling Unit), providing a private and comfortable living space. The structures are separated by a rear deck, creating an ideal setting for outdoor gatherings and barbecuing. Located less than half a mile from a variety of high-end dining, shopping, and recreation options, including Equinox, Boa, and Gelson's, this property offers unbeatable convenience. Whether planning a night out in Marina Del Rey or Santa Monica or exploring the local area, everything you need is moments away. The main has most recently been rented for $6000. The total property income is $11,400 per month. This property is a prime opportunity for 1031 Exchange buyers or homeowners seeking to offset their expenses with rental income. Whether you're an investor eyeing a profitable venture or a homeowner aiming to maximize your investment, this property is a gateway to endless possibilities. Act now to secure this exceptional property in a sought-after Westside location. Schedule your showing today and turn this dream property into your reality!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$28,977

TurboHome Estimated Value

$1,953,400

$831 sqft

High Valuation
$2,051,070
$872/sqft
Normal Valuation
$1,953,400
$831/sqft
Low Valuation
$1,855,730
$789/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$831/sqft$1,953,400

Neighborhood: Playa Vista

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Comparative Value

$1.30M

$1.92M

$1.98M

$2.00M

12013 Sylvester St, Los Angeles, CA 90066

Sale Price: $1,305,000

Selected Comparable

2439 Louella Ave, Venice, CA 90291

Sale Price: $1,920,000

Selected Comparable

4250 Michael Ave, Los Angeles, CA 90066

Sale Price: $1,925,000

Selected Comparable

2214 Glyndon Ave, Venice, CA 90291

Sale Price: $1,925,000

Selected Comparable

4250 Michael Ave, Los Angeles, CA 90066

List Price: $1,975,000

Subject Property

12546 Rosy Cir, Los Angeles, CA 90066

Sale Price: $1,998,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4250 Michael Ave, Los Angeles, CA 90066

4250 Michael Ave, Los Angeles, CA 90066

List: $1,975,000

Listed: 5/24/2024

Area:2,352 sqft
Price/sqft:$840
Beds:6
Baths:4
Year Built:
Lot Size:4,903

Comparable Properties

COMPARABLE
Choose comps
4250 Michael Ave, Los Angeles, CA 90066

4250 Michael Ave, Los Angeles, CA 90066

Sale: $1,925,000

9/27/20240.00 mi

Area:2,352 sqft
Price/sqft:$818
Beds:6
Baths:4
Year Built:
Weight:27.0%
2214 Glyndon Ave, Venice, CA 90291

2214 Glyndon Ave, Venice, CA 90291

Sale: $1,925,000

4/2/20251.03 mi

Area:2,591 sqft
Price/sqft:$743
Beds:5
Baths:4
Year Built:
Weight:19.0%
2439 Louella Ave, Venice, CA 90291

2439 Louella Ave, Venice, CA 90291

Sale: $1,920,000

6/13/20250.78 mi

Area:2,443 sqft
Price/sqft:$786
Beds:5
Baths:3
Year Built:
Weight:18.7%
12546 Rosy Cir, Los Angeles, CA 90066

12546 Rosy Cir, Los Angeles, CA 90066

Sale: $1,998,000

8/20/20241.08 mi

Area:2,552 sqft
Price/sqft:$783
Beds:5
Baths:4
Year Built:
Weight:17.8%
12013 Sylvester St, Los Angeles, CA 90066

12013 Sylvester St, Los Angeles, CA 90066

Sale: $1,305,000

4/2/20250.91 mi

Area:2,441 sqft
Price/sqft:$535
Beds:5
Baths:3
Year Built:
Weight:17.5%

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