
Los Angeles, California 90049
This Spacious Traditional Home represents a High-Potential Investment Opportunity, listed at $2,595,000—positioned well below the $2,672,324 Fair Market Value by 2%. This valuation gap offers $77,324 in Instant Equity. While the home maintains a Condition Rating of 4, its 12,161 sqft lot and prime location in the Warner Avenue Elementary School District provide significant upside. The property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to modernize a classic residence in Lower Bel-Air.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11376 Thurston Place Subject | $2,595,000* List Price | 4 | 3 | 2,402 | $1,113 | - |
A 1220 N Norman Place Sold | $2,806,000 | 3 | 3 | 2,152 | $1,304 | 0.9 mi |
B 11782 Bellagio Road Active | $1,950,000 List Price | 3 | 3 | 2,565 | $760 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949 and maintained by the same family for over 40 years, the home is well-preserved but significantly dated. While the interior is clean and functional, the kitchen and bathrooms lack modern renovations (likely >20 years old), and the overall aesthetic and systems reflect a mid-century standard that requires updating to meet current market expectations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12161, living area = 2402.
Situated in the prestigious Lower Bel-Air neighborhood within the highly coveted Warner Avenue Elementary School District, offering exceptional value and proximity to UCLA, Brentwood, and Beverly Hills.
The property features an unusually large 12,161 sqft lot with a vast grassy expanse and a semi-enclosed brick patio, providing ample room for a pool and high-end alfresco entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Maintained by the same family for over 40 years, the home likely requires significant cosmetic updates to the kitchen and bathrooms to meet the expectations of modern luxury buyers.
Given the 1949 construction date, the property may require investments in upgrading older mechanical, electrical, or plumbing systems to align with current building standards.
Conveniently located in Lower Bel-Air in a sleepy, leafy neighborhood just moments from UCLA, this very charming, late-1940s, one-story Traditional has so much of its rich, original architectural detail intact; its wainscoting, paned windows, paneled walls, beamed ceilings, crown moldings and warm wood floors have been lovingly maintained by the same family for over 40 years. Beautifully set back from the street with warm curb appeal and a sweet, flagstone-clad front porch, this home's floor plan is very flexible and is bathed in an abundance of sunlight. The formal entry opens to a spacious living room with sweeping views of the front yard. The sizable living room can accommodate a few different seating areas and is warmed by a brick fireplace; it opens easily through a bank of French doors to a large outdoor patio. The formal dining room is located sensibly right off the kitchen. The family room also opens to the sunny kitchen and graciously opens to the backyard patio as well. Done in a crisp white motif and awash in sunlight via a tall, dramatic skylight, the cheerful kitchen serves as the true hub of the house. There are three roomy, serene-feeling bedrooms, each with ample closet space and lovely green vistas. There's also another private space, ideal as a study, library, home office or as a potential fourth bedroom. So incredibly special is the unusually large backyard. It includes a semi-enclosed, brick-clad patio space that functions like a true outdoor living and dining room. Beyond is a vast grassy expanse with plenty of room for kids to play in and if desired, there is so much space to work with to create an alfresco haven for entertaining and lounging including plenty of room within which to build a pool. All this in the much- admired Warner Avenue Elementary School District and moments from the wonderful shopping and dining found in nearby Brentwood, Westwood Village, Century City and Beverly Hills.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 37% |
| Square foot | 2,402 | 3,076 | 24% |
| Lot Size | 12,161 | 11,731 | 52% |
| Price | $2.60M | $3.88M | 21% |
| Price per sq ft | $1.1K | $1.3K | 25% |
| Built year | 1949 | 1957 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 145 | 1% |
May 28, 2026
$2,595,000
Initial Listing