
Los Angeles, California 90049
This architectural Late Modern Single Family Residence is a Strong Value Opportunity, listed at $2,950,000—positioned well below the $3,137,940 Fair Market Value by 5%. This valuation gap offers $187,940 in Instant Equity. Featuring iconic Clear Heart Redwood ceilings and panoramic ocean views, the home maintains a Condition Rating of 4, offering a unique canvas for modernization. This property is an ideal acquisition for Architectural Enthusiasts or Owner-Occupants seeking a high-potential, historic Crestwood Hills estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12268 Canna Road Subject 4 bd · 3 ba · 2,899 sqft · $1,082 | $2,950,000* List Price | 4 | 3 | 2,899 | $1,082 | - |
A 971 Stonehill Lane Sold 3 bd · 3 ba · 2,280 sqft · $1,121 · 0.4 mi | $2,555,000 | 3 | 3 | 2,280 | $1,121 | 0.4 mi |
B 11923 Brentwood Grove Drive Sold 4 bd · 4 ba · 3,943 sqft · $803 · 0.6 mi | $3,165,000 | 4 | 4 | 3,943 | $803 | 0.6 mi |
C 600 Hanley Place Active 5 bd · 3 ba · 2,596 sqft · $1,300 · 0.8 mi | $3,375,000 List Price | 5 | 3 | 2,596 | $1,300 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, this architectural residence is in remarkably well-preserved condition but remains largely original. While the 'Late Modern' aesthetic is a selling point, the kitchen and bathrooms (specifically the 1970s-style blue tile work) are over 40 years old and dated by modern standards. The presence of a smart thermostat suggests some system maintenance, but the age of the home and finishes necessitates minor updates and potential system overhauls to meet current luxury expectations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17227, living area = 2899.
Designed by esteemed architect Martin Gelber, FAIA, this Late Modern masterpiece features iconic exterior fins and soaring 18-foot Clear Heart Redwood ceilings, offering significant value for architectural enthusiasts.
The property provides breathtaking, unobstructed views of the Pacific Ocean, coastline, and canyons from floor-to-ceiling windows and multiple private wrap-around decks.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2899, other record living area = 3707.
The multi-level design requires navigating stairways to access the main living areas from the street-level entry, which may be a drawback for buyers prioritizing single-story accessibility.
The unique 1978 architectural elements and custom materials, such as the redwood ceilings and exterior fins, may require specialized and potentially costly upkeep to preserve the home's historic integrity.
Perched within the historic enclave of Crestwood Hills, the Gelber Residence is a Late Modern masterpiece by esteemed architect Martin Gelber, FAIA. This sculptural home is instantly recognizable by its striking exterior "fins" which are aligned to the sun and naturally help keep the house cool throughout the summer.Inside, the home is a beautiful sanctuary of light anchored by soaring 18-foot Clear Heart Redwood ceilings. The street-level entry thoughtfully hosts an office, a studio, and a primary suite featuring its own fireplace. Both the studio and primary suite open to private decks where the Pacific Ocean takes center stage, offering sweeping blue-water views.A descent down the ergonomic stairway, illuminated by a dramatic oculus, leads to a guest bedroom with its own private deck. The heart of the home unfolds into a magnificent open-concept living and dining area, where floor-to-ceiling glass and the views invite outside to the wrap-around deck. Below the residence, the large, natural lot provides a serene sense of space and connection to the landscape. Whether you're relaxing in the conversation nook or entertaining by the second fireplace the openess and quiet of the property extends in all directions.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,899 | 1,675.469 |
| Lot Size | 17,227 | 6,126.393 |
| Price | $2.95M | $1.34M |
| Price per sq ft | $1.0K | $800 |
| Built year | 1978 | 1941 |
| HOA | $100.0 | $262 |
| Days on market | 3 | 56 |
Oct 21, 2026
$2,950,000
Initial Listing