The Flip Potential of
2869 Anchor Ave Los Angeles, CA is medium.

This 3-bed, 2-bath, 1,725 sqft single-family home in Cheviot Hills is listed at $2M, which is notably higher than the neighborhood’s median sold price of $1.74M and median price per sqft of about $988. While the lot is generous and the area is highly desirable, the current price leaves a tight margin for a profitable flip, especially considering comps for similar homes top out around $2.5M for larger, updated properties.

If you’re an investor, approach with caution—there’s limited upside unless you can negotiate a much lower purchase price or maximize value with a significant renovation or expansion (like an ADU or extra bedroom). For homeowners, focus on cosmetic updates, curb appeal, and highlighting the lot size to attract end-users looking for a blank canvas in this coveted neighborhood.