
Los Angeles, California 90065
This Mid-Century Architectural Home is a Strong Value Opportunity, listed at $945,000—positioned well below the $1,026,526 Fair Market Value by 7%. This valuation gap offers $81,526 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a remodeled spa-like bathroom and panoramic mountain views. Located in the Mt. Washington Elementary district, this property balances architectural prestige with a rare, flat, private lot. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1031 Olancha Drive Subject | $945,000* List Price | 2 | 1 | 888 | $1,156 | - |
A 4523 Palmero Drive Sold | $947,000 | 2 | 1 | 730 | $1,297 | 0.1 mi |
B 408 Rustic Sold | $890,000 | 2 | 1 | 850 | $1,047 | 1.0 mi |
C 4623 Jessica Drive Sold | $1,025,000 | 3 | 2 | 1,020 | $1,005 | 0.1 mi |
D 457 Museum Drive Sold | $880,000 | 1 | 1 | 882 | $998 | 0.9 mi |
E 4231 Division Sold | $1,200,000 | 2 | 2 | 1,107 | $1,084 | 0.2 mi |
F 2021 Rome Drive Sold | $965,000 | 2 | 2 | 731 | $1,320 | 0.8 mi |
G 1439 El Paso Active Under Contract | $1,095,000 List Price | 3 | 2 | 1,214 | $902 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1950, the property has undergone a high-quality recent renovation. It features a freshly remodeled spa-like bathroom, a modern kitchen with updated cabinetry and stone countertops, and a visible newer HVAC system. The interior and exterior are in mint, move-in-ready condition with no apparent maintenance needs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7936, living area = 888.
The property features quintessential mid-century design with floor-to-ceiling glass walls and clean lines, creating a seamless indoor-outdoor flow and capturing panoramic mountain views.
A significant rarity for Mt. Washington, the property offers a generous stretch of flat, private lawn and patio space, providing highly usable outdoor area for entertaining and recreation.
At only 888 square feet with just one bathroom, the home's compact footprint may be restrictive for growing families or buyers requiring a dedicated home office.
The list price represents a premium valuation exceeding $1,000 per square foot, which may challenge buyers looking for more interior volume at this price point.
Set into the hills of Mt. Washington, this quintessential mid-century has the quiet confidence of good architectural clean lines, thoughtful proportions, and an effortless relationship with its surroundings. Floor-to-ceiling walls of glass draw the spacious backyard into the living spaces, filling the interiors with shifting natural light and long views across the mountains. In the living room, a striking fireplace serves as both a sculptural centerpiece and a gathering place, bringing warmth and character to the home. With direct access to the outdoor patio, it is a natural extension of the living space and an ideal setting for sunset dinners with friends and family. Beyond, a lush lawn offers something increasingly rare in the hills: a generous stretch of flat, private outdoor space with room to play, gather, garden, or simply to relax. Two spacious bedrooms and a freshly remodeled, spa-like bathroom complete the home. The setting strikes that elusive balance of being close to the energy of Highland Park, Glassell Park, and Downtown, yet tucked into the quiet of the hills, surrounded by greenery and panoramic views. Located within the boundaries of award-winning Mt. Washington Elementary, this is a home where architecture, landscape, and location come together with remarkable ease.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.7 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 888 | 1,664.159 |
| Lot Size | 7,936 | 6,066.556 |
| Price | $945.0K | $1.35M |
| Price per sq ft | $1.1K | $806 |
| Built year | 1950 | 1939 |
| HOA | $0 | $278 |
| Days on market | 20 | 55 |
Aug 20, 2026
$945,000
Initial Listing
Sep 23, 1994
$152,000
Public Record