
Los Angeles, California 90077
This Hybrid Income-Generating Property is a Strong Value Opportunity, listed at $1,295,000—positioned well below the $1,341,436 Fair Market Value by 3%. This valuation gap offers $46,436 in Instant Equity. Featuring a Condition Rating of 3, the home includes a permitted, self-contained ADU and modern infrastructure like a 2023 roof and dual HVAC. Located in the Warner Avenue Elementary district, it balances lifestyle with rental potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking mortgage-offsetting income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1115 N Beverly Glen Boulevard Subject 3 bd · 3 ba · 1,649 sqft · $813 | $1,295,000* List Price | 3 | 3 | 1,649 | $813 | - |
A 1029 N Beverly Glen Boulevard Active 3 bd · 4 ba · 2,229 sqft · $741 · 0.0 mi | $1,650,999 List Price | 3 | 4 | 2,229 | $741 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1958 but exceptionally well-maintained and move-in ready. Features significant recent system upgrades including a new composite roof (2023), dual HVAC with a heat pump, and a tankless water heater. The main kitchen is updated with stainless steel appliances, and the property includes a fully renovated, permitted studio ADU.
The property includes a permitted, self-contained studio ADU with its own address, utilities, and laundry, offering significant rental income potential or a private guest house.
Situated in the prestigious Bel Air - Holmby Hills area and within the highly-coveted Warner Avenue Elementary district, providing excellent long-term value and educational opportunities.
The home is move-in ready with substantial recent improvements, including a new composite roof (2023), dual HVAC with heat pump, tankless water heater, and updated kitchen appliances.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1649, other record living area = 1482. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The hillside setting and courtyard layout may involve navigating stairs and offer limited flat yard space, which could be a drawback for buyers seeking traditional level lots.
Located on Beverly Glen Boulevard, a major canyon thoroughfare, the property may be subject to higher levels of ambient traffic noise during peak commuting hours.
**Seller credit of up to $25,000 on an offer accepted by November 30, 2026, which may be applied toward a temporary interest rate buydown (such as a 2/1), closing costs and prepaids, or a combination, subject to the terms of an accepted offer and lender approval. Ask your lender how a buydown could work for you.** Step into a two bedroom, two bath main home with den, plus a permitted, vacant ADU. Set above Beverly Glen behind a gated entry and opening onto a private hillside courtyard, this move in ready mid century features vaulted beamed ceilings and genuine hardwood floors running through a light filled living plan. French doors lead to a fireplace sitting room with direct access to the second bath, so it serves as a den, a study, or a guest room. Updated kitchen with LG stainless appliances, fresh paint throughout. Outside, a brick courtyard patio, mature irrigated landscaping and tree top views spread across a large 6,852 square foot parcel. At street level below sits the permitted ADU, effectively a self contained guest house, with its own street address, its own entrance, full kitchen, full bath, in unit laundry, and separate electric meter. Most recently leased at $1,850 a month and now vacant and ready for your use. Room for friends and family, a work from home studio genuinely separate from the house, guests who never have to share your kitchen, or a tenant helping carry the mortgage. New composite roof in 2023, dual HVAC with heat pump, tankless water heater, double pane windows with custom shutters. Two car attached carport. Warner Avenue Elementary. Five minutes to the Glen Centre for coffee, groceries and dinner, with UCLA and Beverly Hills close by and within easy reach of both the Westside and the Valley.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,649 | 1,670.836 |
| Lot Size | 6,852 | 6,152.156 |
| Price | $1.29M | $1.34M |
| Price per sq ft | $785 | $807 |
| Built year | 1958 | 1941 |
| HOA | $0 | $238 |
| Days on market | 48 | 56 |
Sep 22, 2026
$1,295,000
Initial Listing
Jan 28, 2022
$1,418,500
Public Record
Oct 28, 2016
$825,000
Public Record