
Los Angeles, California 90049
This Mid-Century Residential Asset presents a High-Potential Investment Opportunity, listed at $3,495,000—positioned slightly above the $3,438,205 Fair Market Value. While not a discount play, the property offers significant upside through renovation. Featuring a 4-bedroom, 6-bathroom layout with an oversized pool and treetop views, the home requires modernization to reach its full potential. Located in the prestigious Warner Avenue Elementary School district, this is a prime candidate for Value-Add Investors or Owner-Occupants looking to reimagine a classic Bel Air residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 108 N Thurston Avenue Subject | $3,495,000* List Price | 4 | 6 | 3,941 | $947 | - |
A 11500 Thurston Sold | $3,600,000 | 4 | 4 | 3,292 | $1,094 | 0.2 mi |
B 288 Tavistock Avenue Sold | $3,140,000 | 5 | 4 | 3,533 | $889 | 0.4 mi |
C 11923 Brentwood Grove Drive Active Under Contract | $3,295,000 List Price | 4 | 4 | 3,943 | $836 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951 and off the market for over 30 years, the home is functional but significantly dated. The kitchen features granite countertops and cabinetry likely updated 20-25 years ago, while the bathrooms and systems appear to be aged. The listing explicitly identifies the property as an opportunity to 'restore or reimagine,' fitting the criteria for a dated home needing updates.
Situated North of Sunset Boulevard in a highly coveted pocket, the property is located within the prestigious Warner Avenue Elementary School district, ensuring strong long-term investment value.
Offered for the first time in over 30 years, this spacious 3,941 sqft Mid-Century residence provides a rare opportunity for a high-end renovation, expansion, or complete reimagining.
The property features an oversized pool, expansive covered patio, and beautiful treetop views, offering a private and generous backyard setting ideal for luxury entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Given its long-term ownership and marketing as a restoration project, the home likely requires substantial capital investment to update systems, finishes, and fixtures to meet modern luxury standards.
With an upstairs addition and a 1950s original footprint, the floor plan may lack the seamless flow of contemporary builds, potentially necessitating structural reconfigurations during renovation.
Rare Bel Air Home with incredible potential - First Time on the Market in Over 30 Years! Located in a coveted pocket North of Sunset Boulevard, this spacious two-story 4 bedroom/6 bathroom residence with an office and family room presents an exceptional opportunity to restore or reimagine a timeless Mid-Century home. Ideally set back from the street for added privacy, the property enjoys beautiful treetop views and an inviting backyard designed for entertaining, complete with a oversized pool and expansive covered patio. The generous floor plan features a dramatic step-down living room with fireplace and sliding doors opening to the backyard, creating effortless indoor-outdoor living. A formal dining room flows into the sun-filled kitchen with granite countertops and a charming breakfast room with direct access to the patio and oversized pool. The adjoining family room, also with a fireplace, opens to the covered patio, making it an ideal gathering space to enjoy year-round. The main level offers 3 bedrooms, Including the primary suite with 2 dedicated bathrooms. Upstairs which was an addition, provides a 4th bedroom with a full bath plus a separate office or bonus room, offering flexibility for today's lifestyle. A great opportunity to renovate, expand, or create a dream home with modern finishes in Bel Air. Located within the highly regarded Warner Avenue Elementary School district and just moments from UCLA, Brentwood, Century City and Beverly Hills.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 3,941 | 1,664.159 |
| Lot Size | 11,339 | 6,066.556 |
| Price | $3.50M | $1.35M |
| Price per sq ft | $887 | $806 |
| Built year | 1951 | 1939 |
| HOA | $0 | $278 |
| Days on market | 40 | 55 |
Jul 31, 2026
$3,495,000
Initial Listing
Apr 7, 1995
$565,500
Public Record