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Image 1 - 2440 Arbutus Drive, Los Angeles, CA 90049, USA - House for sale

Image 2 - 2440 Arbutus Drive, Los Angeles, CA 90049, USA - House for sale

Image 3 - 2440 Arbutus Drive, Los Angeles, CA 90049, USA - House for sale

Image 4 - 2440 Arbutus Drive, Los Angeles, CA 90049, USA - House for sale

Image 5 - 2440 Arbutus Drive, Los Angeles, CA 90049, USA - House for sale

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Home For Sale In Los Angeles, California

2440 Arbutus Drive, Los Angeles, CA 90049, USA

Home For Sale In Los Angeles, California

house for sale

3 views

Listed: 03/29/24

2440 Arbutus Drive, Los Angeles, CA 90049, USA

4 Bed:

3 Bath:

2,332 Sq Ft Living Area:

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Price

$ 5M

Price: Increased

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About This House

Rare opportunity with incredible upside in the prestigious Mandeville Canyon. Custom built in the 1960s, this Mid-Century four-bed, 2.5-bath home is situated on over an acre lot with $10M+ homes all around. Buyer's choice on whether to refresh the existing, remodel with an addition, or build brand new. The current owner has plans that can be sold separately and are approximately 60-90 days from being RTI (Ready To Issue). Also, according to the owner, the submitted plans are grandfathered in by LADBS allowing the use of natural gas in the home (buyer to verify with LADBS). If the buyer doesn't want or need a spectacular10, 000sqft luxurious home, the owner also has options for either a remodel with a small … Full description

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Los Angeles Housing & Living

Average sale prices for houses

1 bed

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$1,992,153 (-1.6%)
Apr 2024	$2,024,686 (-1%)
Mar 2024	$2,046,045 (0%)
Feb 2024	$2,046,045 (0%)
Jan 2024	$2,046,045 (+0.7%)
Dec 2023	$2,031,743 (0%)

In May 2024, the asking price for 4 bed houses for sale in/near Los Angeles, United States averaged $1,992,153, a decrease of 1.6% from the previous month.

Median price trends for properties for sale in Los Angeles, United States as of May 2024.

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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