
Los Angeles, California 90077
$300,000 PRICE REDUCTION! AN INCREDIBLE OPPORTUNITY TO OWN A PRIVATE BEVERLY GLEN RETREAT! Hi, I'm 1702 Crater Ln, and I've just had a $300,000 price reduction! If you've been waiting for an opportunity to own a private hillside retreat with space to spread out, room to create, and a setting that feels surprisingly removed from the city, now is the time to come meet me.Step onto my property and you'll quickly understand what makes me different. I'm surrounded by a peaceful, park-like setting with mountain views, mature landscaping, and the kind of privacy that's becoming increasingly difficult to find in Los Angeles. At the center of it all is my four-bedroom, four-bath main residence, offering plenty of space to settle in and make yourself at home. But I'm more than just one house. I also have a separate studio ADU and a studio pool house, giving you additional spaces that can flex with the way you live, whether that's hosting guests, working from home, creating, relaxing, or simply having a little extra room when you need it. Outside is where I really start showing off. My pool creates a natural gathering place for long California afternoons, weekend get-togethers, or quiet mornings surrounded by the hills. Between my outdoor spaces, mountain views, and tucked-away setting, there's plenty of room here to make life feel a little less rushed. And while I may feel like my own private escape, I'm still conveniently connected to Beverly Hills, the Westside, and everything Los Angeles has to offer. A NOTE ABOUT DRAINAGE: Hillside living naturally brings questions about water management, and I've got a story worth sharing. A thoughtfully designed concrete drainage swale was installed beneath my deck in 1986. According to the owner, this system has performed effectively for decades, including during significant El Nino storms. Before major rain events, the final deck section and steel grating have historically been lifted to allow water to flow down the hillside. One exception occurred several years ago when no one was available to lift the grating. Buyers with drainage questions are encouraged to take a closer look beneath the deck, review the installation, and conduct their own inspections to better understand the system and its operation. I've also been excellently managed by LAD Home Solutions. Ask me or my agents about their phenomenal service. I'm private, versatile, and definitely not your typical LA property. I've got a main house, two additional studio spaces, a pool, mountain views, and plenty of personality. AND NOW, WITH A $300,000 PRICE REDUCTION, I'M READY FOR MY NEXT CHAPTER!I just need someone with a few ideas of their own. Come meet me. I have a feeling you'll want to stay awhile. :)
Property is moderate renovation needed.
Built in 1940 with renovations that appear to be 20-30 years old. While the home is well-maintained and move-in ready, the bathrooms feature dated 4x4 white tiles, oak vanities, and gold-tone fixtures typical of a 1990s remodel. The property is functional but requires cosmetic updates and modernization of systems to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 62432, living area = 5493.
The property features a main residence plus a separate studio ADU and a pool house, offering exceptional flexibility for guest housing, creative studios, or remote work.
Situated on over 1.4 acres in a park-like setting, the estate provides rare privacy and serene mountain views within the prestigious Bel Air-Holmby Hills area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =62432, other record lot size in square feet = 20740. Living area discrepancy between mls listing and other public or private record. mls listing living area = 5493, other record living area = 2954.
Built in 1940 and described as needing a buyer with 'ideas of their own,' the property likely requires significant modernization or capital improvement to meet contemporary luxury standards.
Located in the Beverly Glen hills, the property may be subject to narrow, winding roads and typical canyon traffic, which can impact daily accessibility compared to flatter residential areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 4,993 | 1,670.836 |
| Lot Size | 62,432 | 6,152.156 |
| Price | $3.00M | $1.34M |
| Price per sq ft | $601 | $807 |
| Built year | 1940 | 1941 |
| HOA | $0 | $238 |
| Days on market | 60 | 56 |
Oct 20, 2026
$2,999,999
$3,300,000
-9% Price Drop
Initial Listing
Sep 10, 2026
$3,300,000
Initial Listing