What a gem! This diamond in the rough is what you have been waiting for! The home is located in the Historical Property Overly Zone (HPOZ) of South Carthay. The area is only minutes to Museums along Wilshire Blvd and world class shopping and dining at The Grove outdoor shopping plaza. This property was the residence of famed architect and developer Spiros G. Ponty. Ponty was architect for portions of South Carthay and completed homes in the Spanish Revival theme. It is no surprise that the personal residence of Ponty has one of the largest lots in the area at over 8,000 square feet. The property itself is MILLS ACT compliant and as a result, receives preferential property tax savings which can benefit the property's new owner thousands of dollars per year (call for details on how you can receive these savings). The home boasts a walled courtyard, covered patio within the courtyard with fireplace, terra cotta colored tile flooring, hardwood floors throughout, a breakfast room, formal dining area, sunken living room, fireplace, a "stepped rectangular pattern" recessed ceiling in the main bathroom (a unique hallmark of the Ponty designs), a cantilevered sink/counter in the main bathroom, coved ceilings in the dining area and arches throughout the home. Additionally, the property includes granite counter tops in the kitchen, maple cabinets, indoor laundry and decorative iron accents throughout the property. Finally, there is central air & heat, a newer roof and a stainless appliance package in the kitchen is included. This package includes a professional six burner Viking stove, refrigerator, dishwasher and built-in microwave. French doors lead from the primary bedroom suite to the over-sized backyard. You may be wondering...what's the catch since homes in this area sell for hundreds of thousands of dollars more?! The home is in need of TLC and a visionary buyer or investor to breath new life into this lovely home. A little sweat equity will go a long way. Bring your paint brush, roll up your sleeves and lets generate some equity! By now, you are probably thinking, this home is not going to last! Well, you would be correct. Don't wait, call today for a private showing and tour of this residence.
Off market
Listing Provided by:
$1,757,600
1249 Alvira St, Los Angeles, CA 90035
3beds
1,948sqft
Single Family Residence
Built in 1935
8,236 Square Feet Lot
$1,757,600 Zestimate®
$902/sqft
$6,144 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 05:39am
Source: CRMLS,MLS#: SR25096504
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: In Kitchen
Features
- All Bedrooms Down
- Has fireplace: Yes
- Fireplace features: Living Room, Outside
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,948 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Covered, Front Porch, Porch, See Remarks
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 8,236 sqft
- Features: Back Yard, Level
Details
- Parcel number: 5087010001
- Zoning: LAR1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Spanish
- Property subtype: Single Family Residence
Materials
- Roof: Other,Tile
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Other
- Water: Public
Community & neighborhood
Community
- Community features: Street Lights, Sidewalks
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,757,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,757,600