Score
0Los Angeles, CA
12537 Preston Way
1.9M
3 beds
2 baths
1,610 sqft
3 bd • 2 ba • 1,610 sf
This analysis was generated on 2/26/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$1,949,300
Price/Sq.Ft
$1,211
Year Built
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Rental Income Potential: With median 3-bedroom rental rates at $3,640/month, the property presents an opportunity for rental income.
• Prime Location: Situated in Los Angeles, the property benefits from access to diverse amenities, employment opportunities, and cultural attractions.
• Sizeable Living Space: At 1,610 square feet, the house offers a comfortable living space.
• Median Income: The median income in the area is $90,983, which is an indication of a stable economic environment.
The Bad
• High Price per Square Foot: At $1210.75 per square foot, the property is priced significantly higher than average for Los Angeles, which may deter some buyers.
• Unknown Year Built: The absence of a construction year makes it difficult to assess potential maintenance costs and the property's overall condition. Older homes may require significant upgrades.
• Limited Property Information: The lack of property features, room details, and utility information makes it challenging to evaluate the property's overall value and suitability.
• Average Safety Score: With a safety score of 50/100, the area has average safety, which may be a concern for some buyers.
The Ugly
• High Crime Rates: The property crime rate is significantly higher than state and national averages (158.7% vs state, 210.1% vs national), potentially increasing insurance costs and requiring additional security measures. The robbery rate is 149.8% higher than the state average and 357.6% higher than the national average. The burglary rate is 107.0% higher than the state average and 182.3% higher than the national average. The motor vehicle theft rate is 38.4% higher than the state average and 121.0% higher than the national average.
• Crime Trends: Recent crime trends show an increase in both violent and property crimes from 2022 to 2023, indicating a potential worsening of the safety situation. Violent crimes increased from 557 to 560, and property crimes increased from 2178 to 2620.
• Unknown Property Condition: With no property description, room details, or utility information, assessing the property's condition is challenging, potentially leading to costly repairs or upgrades.
• High Cost of Ownership: Considering the high price per square foot and potential maintenance costs due to the unknown build year, the overall cost of ownership may be substantial.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• Buyers seeking rental income: With median 3-bedroom rental rates at $3,640/month, this property presents an opportunity for rental income in a desirable area of Los Angeles.
• Buyers comfortable with average safety: The property is located in an area with an average safety score of 50/100, which may appeal to those who prioritize other factors such as location and amenities.
• Buyers comfortable with higher property crime rates: The property crime rate is significantly higher than state and national averages, which may appeal to those who are not overly concerned about property crime.
• Buyers looking for a home in a neighborhood with access to amenities: The property is located in Los Angeles, which offers a wide range of amenities, including restaurants, shops, and entertainment venues.
Not For
• Buyers highly sensitive to crime: The property's location has a safety score of 50/100 and significantly higher property crime rates compared to state and national averages, which may deter those prioritizing high safety levels.
• Buyers seeking a low-maintenance property: With an unknown build year, the property may require more maintenance and potential upgrades compared to newer constructions, making it less suitable for buyers seeking minimal upkeep.
• Buyers with strict budget constraints: The price per square foot is $1210.75, which is high and may not be affordable for buyers on a tight budget.
• Buyers prioritizing specific architectural styles or modern amenities: The property description provides no details on architectural style or modern amenities, which may not appeal to buyers with specific preferences.
Demographics
Area Median Income
$90,983
Property History
Price History
Ownership Timeline
$0Cash Purchase
Dec 17, 2018Laura Hess, Laura Miriam HessJoseph Bradley Barrish, Laura Miriam Hess
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Sep 7, 2012Joseph Bradley BarrishLaura Hess
Intrafamily Transfer
Non-Arm's Length Transactions
$975,000Financed
Aug 16, 2012Zachary Aaron LundinLaura Hess
Grant Deed
Standard Sale (Purchase/Resales)
$545,000Financed
Oct 23, 2002Brenda Pearl Guttman, The Brenda Pearl Guttman 2002 TrustZachary Aaron Lundin
Grant Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Jul 18, 2002Brenda Pearl GuttmanBrenda Pearl Guttman, Brenda Pearl Guttman 2002 Trust
Intrafamily Transfer
Non-Arm's Length Transactions
$237,000Financed
Feb 5, 1997Feldberg, Ester Tr Ester And Sumar Feldberg TrustBrenda Pearl Guttman
Individual Deed
Standard Sale (Purchase/Resales)
Sunlight Analysis
Visualize how sunlight affects this property throughout the day and year.
Sunlight Analysis
Data provided by Shadowmap
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Schools
Nearby school quality by education level
Elementary
5.6/10
AverageMiddle
5.8/10
AverageHigh
5.6/10
AverageFinancials
Monthly Costs
Market Rent (3 bed)
Get a detailed estimate on Zillow$1,930
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$1,949,300
Price/sqft
$1,211
Layout
3 bd•2 ba
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$2,058,333
5.3%
Your price is 5.3% below average
Median Price
$2,400,000
18.8%
Based on 6 recent sales
Price per Sq.Ft
$1,321
8.3%
Your price is 8.3% below average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 12210 Malone St, Los Angeles, CA 90066 | $2,400,000 | 1,698 | 3 | 2 | $1,41316.7% | 1/11/2025 |
| 2228 Glencoe Ave, Venice, CA 90291 | $2,455,000 | 1,417 | 3 | 2 | $1,73343.1% | 1/17/2025 |
| 3320 Stoner Ave, Los Angeles, CA 90066 | $1,700,000 | 1,469 | 3 | 2 | $1,1574.4% | 12/6/2024 |
| 3048 Grand View Blvd, Los Angeles, CA 90066 | $1,574,000 | 1,514 | 4 | 2 | $1,04014.1% | 11/15/2024 |
| 3444 Redwood Ave, Los Angeles, CA 90066 | $1,570,000 | 1,672 | 4 | 2 | $93922.4% | 11/1/2024 |
| 1314 Preston Way, Venice, CA 90291 | $2,651,000 | 1,611 | 3 | 2 | $1,64635.9% | 10/10/2024 |
12210 Malone St, Los Angeles, CA 90066
Price: $2,400,000
Sq.Ft: 1,698
Beds/Baths: 3/2
$/Sq.Ft:
$1,41316.7%
Sale Date: 1/11/2025
2228 Glencoe Ave, Venice, CA 90291
Price: $2,455,000
Sq.Ft: 1,417
Beds/Baths: 3/2
$/Sq.Ft:
$1,73343.1%
Sale Date: 1/17/2025
3320 Stoner Ave, Los Angeles, CA 90066
Price: $1,700,000
Sq.Ft: 1,469
Beds/Baths: 3/2
$/Sq.Ft:
$1,1574.4%
Sale Date: 12/6/2024
3048 Grand View Blvd, Los Angeles, CA 90066
Price: $1,574,000
Sq.Ft: 1,514
Beds/Baths: 4/2
$/Sq.Ft:
$1,04014.1%
Sale Date: 11/15/2024
3444 Redwood Ave, Los Angeles, CA 90066
Price: $1,570,000
Sq.Ft: 1,672
Beds/Baths: 4/2
$/Sq.Ft:
$93922.4%
Sale Date: 11/1/2024
1314 Preston Way, Venice, CA 90291
Price: $2,651,000
Sq.Ft: 1,611
Beds/Baths: 3/2
$/Sq.Ft:
$1,64635.9%
Sale Date: 10/10/2024
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