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1946 Holmby Ave, Los Angeles, CA 90025

List Price: $1,999,999On Market FlagOn market
Mar 17, 20252,973 sqft5 beds5 baths
Listed by: Kamfar Kyle Mirrafati
License #: 01911204
Phone #: 949-200-7494
Matthews Real Estate Investment Services
Source:
CRMLS Logo
MLS #: 25512477

Property Description

New $100,000 Price Reduction! Don't Miss this Opportunity! Ideal For Investors Or Owner-Users Seeking Value and Upside. Potential To Deliver Front "Owner's Unit" Vacant With Cash-For-Keys Offer. 1946 Holmby Avenue offers a rare opportunity to acquire a well-maintained two-story Mid-Century Modern triplex in the highly desirable Century City neighborhood of West Los Angeles. Situated on a quiet residential street, the property is just minutes from high-end shopping, dining, and entertainment, with convenient access to major thoroughfares. Built in 1951 and 1959, the triplex spans 2,973 rentable SF on a 5,509 SF lot with LARD1.5 zoning, presenting significant development or ADU potential. Recent capital improvements include upgraded copper plumbing, newly redone roofs, sewer lines, windows, and water heaters. The unit mix consists of One (1) spacious two-bedroom "owner's unit" with a large den (may convert to a third bedroom), private patio, and upgraded central HVAC, one (1) two-bedroom townhome, and one (1) one-bedroom unit. Each unit features large floorplans with private patios or balconies, ample natural light, and limited common walls, ensuring privacy for tenants. With 35%+ rental upside potential, strong tenant demand, and long-term appreciation potential, 1946 Holmby Avenue is a prime investment opportunity in one of Los Angeles' most sought-after neighborhoods.
Assignment
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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

$30,378

TurboHome Estimated Value

$2,012,600

$677 sqft

High Valuation
$2,113,230
$711/sqft
Normal Valuation
$2,012,600
$677/sqft
Low Valuation
$1,911,970
$643/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$677/sqft$2,012,600

Neighborhood: West Los Angeles

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Comparative Value

$1.52M

$1.75M

$2.00M

$2.58M

$2.60M

2757 Overland Ave, Los Angeles, CA 90064

Sale Price: $1,520,000

Selected Comparable

2536 Military Ave, Los Angeles, CA 90064

Sale Price: $1,755,000

Selected Comparable

1946 Holmby Ave, Los Angeles, CA 90025

List Price: $1,999,999

Subject Property

2111 Glendon Ave, Los Angeles, CA 90025

Sale Price: $2,580,000

Selected Comparable

2256 Linnington Ave, Los Angeles, CA 90064

Sale Price: $2,597,000

Selected Comparable

2249 Overland Ave, Los Angeles, CA 90064

Sale Price: $2,600,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1946 Holmby Ave, Los Angeles, CA 90025

1946 Holmby Ave, Los Angeles, CA 90025

List: $1,999,999

Listed: 3/17/2025

Area:2,973 sqft
Price/sqft:$673
Beds:5
Baths:5
Year Built:
Lot Size:5,511

Comparable Properties

COMPARABLE
Choose comps
2111 Glendon Ave, Los Angeles, CA 90025

2111 Glendon Ave, Los Angeles, CA 90025

Sale: $2,580,000

5/29/20250.73 mi

Area:3,025 sqft
Price/sqft:$853
Beds:5
Baths:6
Year Built:
Weight:23.0%
2757 Overland Ave, Los Angeles, CA 90064

2757 Overland Ave, Los Angeles, CA 90064

Sale: $1,520,000

3/18/20251.24 mi

Area:2,864 sqft
Price/sqft:$531
Beds:5
Baths:4
Year Built:
Weight:20.9%
2256 Linnington Ave, Los Angeles, CA 90064

2256 Linnington Ave, Los Angeles, CA 90064

Sale: $2,597,000

7/9/20250.40 mi

Area:2,915 sqft
Price/sqft:$891
Beds:4
Baths:4
Year Built:
Weight:20.0%
2536 Military Ave, Los Angeles, CA 90064

2536 Military Ave, Los Angeles, CA 90064

Sale: $1,755,000

7/9/20251.24 mi

Area:2,451 sqft
Price/sqft:$716
Beds:5
Baths:4
Year Built:
Weight:19.9%
2249 Overland Ave, Los Angeles, CA 90064

2249 Overland Ave, Los Angeles, CA 90064

Sale: $2,600,000

6/10/20250.64 mi

Area:2,452 sqft
Price/sqft:$1,060
Beds:4
Baths:4
Year Built:
Weight:16.1%

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