
Los Angeles, California 90046
This Turnkey Mediterranean Estate is a Strong Value Opportunity, listed at $3,499,000—positioned well below the $3,504,461 Fair Market Value by 0.16%. Featuring a Condition Rating of 2, the property offers a reimagined primary residence with Fleetwood pocket doors and three income-producing units. Located in the prestigious Nichols Canyon near top-rated schools like West Hollywood Elementary, this asset provides both luxury living and immediate rental revenue. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, multi-generational compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1743 Courtney Avenue Subject 6 bd · 7 ba · 5,198 sqft · $674 | $3,499,000* List Price | 6 | 7 | 5,198 | $674 | - |
A 1603 N Fairfax Avenue Sold 4 bd · 5 ba · 3,469 sqft · $822 · 0.3 mi | $2,850,000 | 4 | 5 | 3,469 | $822 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been completely reimagined and remodeled with high-end modern finishes. The description and images confirm a recent, comprehensive renovation (likely within the last 5 years) featuring updated en-suite bathrooms, a modern kitchen with Fleetwood pocket doors, and mint-condition interiors.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
The property features three separate, income-producing guest units totaling approximately 2,600 square feet, offering a rare opportunity for substantial rental income or versatile multi-generational living.
The primary residence has been meticulously reimagined with luxury finishes, including Fleetwood pocket doors for indoor-outdoor flow, soaring ceilings, and en-suite bathrooms for every bedroom.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8800, other record lot size in square feet = 8732. Living area discrepancy between mls listing and other public or private record. mls listing living area = 5198, other record living area = 4798.
With over 5,000 square feet of living space across four structures on an 8,800 square foot lot, the property may lack the expansive private yard or pool space typically expected at this price point.
While the local elementary schools are highly rated, the assigned middle school has a significantly lower rating of 3, which may be a drawback for families with school-aged children.
Completely reimagined and beautifully remodeled, this distinctive Mediterranean residence is nestled in the coveted Nichols Canyon neighborhood of the Hollywood Hills. The main home features three bedrooms and four bathrooms, with all three bedrooms offering en-suite bathrooms for added privacy and comfort. Soaring ceilings create an exceptional sense of volume and architectural character, while thoughtful renovations blend timeless Mediterranean charm with modern sophistication. The kitchen seamlessly extends to the outdoors through a Fleetwood pocket door, creating an effortless indoor-outdoor living experience. Step outside to the outdoor BBQ area, an ideal setting for entertaining guests, hosting al fresco dinners, and enjoying the Southern California lifestyle. Adding exceptional versatility and value, the property features three additional income-producing units at the rear, offering the opportunity for supplemental rental income, guest accommodations, or multigenerational living. This rare combination of a beautifully remodeled primary residence and multiple income streams presents an appealing opportunity for both owner-users and investors. Primary residence is approx. 2,600 sf, Guest House 1 (2 Bed/1 Bath) is approx. 1,000 sf, Guest House 2 (1 Bed/1 Bath) is approx. 1,200 sf. Guest House 3 (Studio) is approx. 400 sf.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-5 • 1.5 mi
Grades K-6 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 7.0 | 2.0 |
| Square foot | 5,198 | 1,670.836 |
| Lot Size | 8,800 | 6,152.156 |
| Price | $3.50M | $1.34M |
| Price per sq ft | $673 | $807 |
| Built year | 1926 | 1941 |
| HOA | $0 | $238 |
| Days on market | 25 | 56 |
Oct 15, 2026
$3,499,000
Initial Listing
Oct 20, 2016
$1,761,500
Public Record