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7148 Marshfield Way, Los Angeles, CA 90046

Sale Price: $630,000
Jun 6, 20241,236 sqft2 beds1 baths
Listed by: Amanda Jones
License #: 02206985
Phone #: 661-284-6400
Engel & Volkers Santa Clarita
Source:
CRMLS Logo
MLS #: SR24115164

Property Description

Unveiling a rare opportunity for developers in a coveted location of Hollywood! Presenting an expansive lot nestled in a prime setting, this property offers endless potential for visionary investors seeking to make their mark in one of the most sought-after neighborhoods. Situated in a desirable area between Hollywood Blvd, La Brea, and Sunset Blvd, this sizable lot boasts ample space and a strategic location, making it an ideal canvas for your next project. Whether you're dreaming of crafting a stunning new residential development, envisioning a sleek commercial venture, or conceptualizing a mixed-use masterpiece, the possibilities are limited only by your imagination (and the city of course, do your own investigation). While the existing structure may be ready for a new chapter, the true value lies in the land itself. With the seller's keen interest in selling not only this property but also its neighboring parcel and the adjacent strip of land across the street, this presents a unique opportunity for a comprehensive development strategy, allowing for seamless integration and maximized potential. Unlock the possibilities and seize this rare chance to shape the future landscape of this vibrant community. With strategic foresight and innovative vision, the opportunity to create something truly remarkable awaits. Don't miss out on this exceptional offering. Contact me today to explore the endless possibilities and take the first step towards realizing your development dreams!
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

$4,464

TurboHome Estimated Value

$698,800

$565 sqft

High Valuation
$733,740
$594/sqft
Normal Valuation
$698,800
$565/sqft
Low Valuation
$663,860
$537/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$565/sqft$698,800

Neighborhood: Hollywood

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Comparative Value

$630K

$690K

$1.10M

7148 Marshfield Way, Los Angeles, CA 90046

Sale Price: $630,000

Selected Comparable

7250 Franklin Ave 410, Los Angeles, CA 90046

Sale Price: $650,000

Selected Comparable

7320 Hawthorn Ave 106, Los Angeles, CA 90046

Sale Price: $660,000

Selected Comparable

7320 Hawthorn Ave 408, Los Angeles, CA 90046

Sale Price: $690,000

Selected Comparable

7250 Franklin Ave 910, Los Angeles, CA 90046

Sale Price: $710,000

Selected Comparable

7148 Marshfield Way, Los Angeles, CA 90046

List Price: $1,100,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
7148 Marshfield Way, Los Angeles, CA 90046

7148 Marshfield Way, Los Angeles, CA 90046

List: $1,100,000

Listed: 6/6/2024

Area:1,236 sqft
Price/sqft:$890
Beds:2
Baths:1
Year Built:
Lot Size:4,486

Comparable Properties

COMPARABLE
Choose comps
7148 Marshfield Way, Los Angeles, CA 90046

7148 Marshfield Way, Los Angeles, CA 90046

Sale: $630,000

9/17/20240.00 mi

Area:1,236 sqft
Price/sqft:$510
Beds:2
Baths:1
Year Built:
Weight:21.6%
7250 Franklin Ave 410, Los Angeles, CA 90046

7250 Franklin Ave 410, Los Angeles, CA 90046

Sale: $650,000

5/13/20250.19 mi

Area:1,248 sqft
Price/sqft:$521
Beds:2
Baths:2
Year Built:
Weight:20.2%
7250 Franklin Ave 910, Los Angeles, CA 90046

7250 Franklin Ave 910, Los Angeles, CA 90046

Sale: $710,000

3/21/20250.19 mi

Area:1,248 sqft
Price/sqft:$569
Beds:2
Baths:2
Year Built:
Weight:19.8%
7320 Hawthorn Ave 408, Los Angeles, CA 90046

7320 Hawthorn Ave 408, Los Angeles, CA 90046

Sale: $690,000

7/31/20250.18 mi

Area:1,070 sqft
Price/sqft:$645
Beds:2
Baths:2
Year Built:
Weight:19.4%
7320 Hawthorn Ave 106, Los Angeles, CA 90046

7320 Hawthorn Ave 106, Los Angeles, CA 90046

Sale: $660,000

4/23/20250.18 mi

Area:1,140 sqft
Price/sqft:$579
Beds:2
Baths:2
Year Built:
Weight:19.0%

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