1240 N Wetherly Drive, Los Angeles, California 90069, Los Angeles, 90069 - 5 bed, 5 bath
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Los Angeles, California 90069
This Gated 1948 Traditional Estate is a Prime Investment Opportunity, listed at $7,250,000—positioned well below the $7,490,676 Fair Market Value by 3%. This valuation gap offers $240,676 in Instant Equity for buyers. Boasting an Excellent Condition Rating, the residence features a chef's kitchen, whole-house solar, and dual EV chargers on nearly half an acre. With a swimmer's pool, cabana, and proximity to West Hollywood Elementary, it balances classic scale with modern efficiency. This is a premier acquisition for Luxury Homeowners or Lifestyle-Driven Professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1240 N Wetherly Drive Subject | $7,250,000* List Price | 5 | 5 | 4,552 | $1,646 | - |
A 1565 Haslam Terrace Sold | $5,285,000 | 5 | 6 | 4,667 | $1,132 | 0.6 mi |
B 8650 Franklin Avenue Sold | $6,600,000 | 4 | 5 | 4,200 | $1,571 | 0.7 mi |
C 1849 Rising Glen Road Sold | $8,500,000 | 4 | 8 | 5,100 | $1,667 | 0.8 mi |
D 1731 Rising Glen Road Sold | $8,350,000 | 4 | 5 | 5,764 | $1,449 | 0.8 mi |
E 1654 N Doheny Drive Sold | $6,930,000 | 4 | 5 | 4,200 | $1,650 | 0.6 mi |
F 1136 N Doheny Drive Active | $5,895,000 List Price | 3 | 3 | 3,216 | $1,833 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1948, the property has been extensively updated with modern systems including a new high-efficiency HVAC, 400-amp electrical service, whole-house solar, and a tankless water heater. The chef's kitchen and primary bath with heated floors indicate a high-end, recent renovation (<5 years) that places it in mint, move-in condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18458, living area = 4552.
Situated on nearly half an acre north of Sunset, this gated estate offers rare scale and park-like seclusion with mature landscaping, a swimmer's pool, and a full cabana in a high-density luxury market.
The property features significant infrastructure investments, including whole-house solar, dual Level 2 EV chargers, a new high-efficiency HVAC system, and a 400-amp electrical service, ensuring modern efficiency.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =18458, other record lot size in square feet = 18512. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4552, other record living area = 3531.
Despite its prestigious Hollywood Hills West location, the property only offers 'peek-a-boo' views, which may underwhelm buyers specifically seeking the expansive city or canyon vistas typical of this price point.
The 1948 traditional architecture and formal layout, featuring wainscoting and pocket doors, may require significant cosmetic modernization for buyers preferring the ultra-contemporary, open-concept designs common in the area.
Gated 1948 Traditional residence with 5 bedrooms and 5 baths on nearly half an acre in a serene, park-like setting north of Sunset. Exceptionally private, meticulously maintained, and extensively updated, the property is designed for seamless year-round indoor-outdoor living and entertaining. A porch overlooks the secluded front yard. The entry opens to a black-and-white marble foyer and an expansive living room with bay window, crown molding, and antique French marble wood-burning fireplace. The formal dining room with wainscoting and pocket doors connects to the family room, featuring a second wood-burning fireplace with antique mantel, built-ins, and bookshelves. A breakfast bar and informal dining area flow into the spacious chef's kitchen, appointed with professional-grade appliances and a walk-in pantry. French doors and windows throughout fill the home with natural light and open to lush garden views. Just off the kitchen is a separate guest or staff suite with ensuite bath and walk-in closet, along with an adjacent laundry room. A central hall with powder room leads to the private primary suite, complete with a cedar-lined walk-in closet and bath with soaking tub and heated floors. Two additional generously sized bedroomsone with built-in desk and shelvingshare a full bath. The lower level, with its own entrance, offers exceptional flexibility as a guest suite, office, gym, screening room, or staff quarters, and includes an ensuite bath, temperature-controlled 1,500-bottle wine cellar, and a large storage area. The deep, park-like grounds are framed by mature trees and landscaping and feature a large swimmer's pool, dining area, and acabana with built-in prep and serving station complete with large sink, mini refrigerator and custom cabinetry.Major upgrades include a new dual high-efficiency heat pump HVAC system with ducting, flame-retardant cool roof, 400-amp electrical service, whole-house solar, tankless water heater, dual Level 2 EV chargers, drought-tolerant landscaping and updated pool equipment.A rare offering combining warmth, scale, and privacy, just minutes from studios, premier dining, shopping, and West Hollywood Elementary.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 85% |
| Baths | 5.0 | 4.0 | 67% |
| Square foot | 4,552 | 2,580 | 82% |
| Lot Size | 18,458 | 7,606 | 87% |
| Price | $7.25M | $3.25M | 87% |
| Price per sq ft | $1.6K | $1.2K | 80% |
| Built year | 1948 | 1949 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 200 | 2% |
Apr 27, 2026
$7,250,000
Initial Listing