1744 Webster Avenue, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 2 bath
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Los Angeles, California 90026
This Spanish-style Single Family Residence represents a High-Potential Investment Opportunity, listed at $2,235,000—positioned well above the $1,917,489 Fair Market Value by 16%. While the property requires modernization due to its Fair Condition Rating, the rare street-to-street lot and Panoramic City Views provide significant long-term value. The inclusion of a Separate Studio Unit offers immediate rental income potential. Located near Top-Rated Schools like Ivanhoe Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in Silver Lake.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1744 Webster Avenue Subject | $2,235,000* List Price | 2 | 2 | 1,860 | $1,031 | - |
A 1721 Mccollum Street Sold | $2,485,000 | 4 | 3 | 2,496 | $996 | 0.3 mi |
B 1892 Lucile Avenue Active Under Contract | $2,200,000 List Price | 4 | 3 | 2,180 | $1,009 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1926, this property retains much of its original character but is significantly dated. The kitchen features older white appliances, painted cabinetry, and tile flooring that appear to be over 20 years old. While functional and lived-in, the home requires cosmetic updates and likely modernization of systems to meet current standards.
Elementary School: Ivanhoe Elementary School (9/10).
Perched in the Silver Lake hills, the property offers rare, unobstructed views of the Reservoir, Downtown Los Angeles, and the surrounding mountains from both the main house and the studio.
The inclusion of a separate studio unit with its own kitchen, bathroom, and private deck provides a turnkey opportunity for rental income, a guest suite, or a dedicated home office.
As a nearly century-old home, the property likely requires updates to its systems and finishes to meet modern standards, which may necessitate a significant additional capital investment.
With only two bedrooms in the main residence, the floor plan may be restrictive for larger families or buyers seeking more expansive primary living quarters at this price point.
VIEWS FOR DAYS.. ! Single family home w/ studio apartment. Perched above the hills of Silver Lake, this charming 1926 Spanish-style home offers breathtaking panoramic views of Silver Lake, the Reservoir, Downtown Los Angeles, and the surrounding mountains. Situated on a rare street-to-street lot, this is an incredible opportunity to own one of the best-priced homes in the neighborhood.THE MAIN RESIDENCE features 2 spacious bedrooms and 1.5 bathrooms, showcasing timeless Spanish architecture with arched hallways, original built-ins, a decorative fireplace, and abundant natural light. Enjoy spectacular city views from the private balcony, perfect for relaxing or entertaining.A SEPARATE STUDIO unit includes its own kitchen, bathroom, and private deck with equally impressive views, making it ideal for guests, rental income, or a home office.Full of character and original details, this home offers the perfect opportunity to add your personal touches while preserving its historic charm. Conveniently located just minutes from the Silver Lake Reservoir, popular cafs, restaurants, parks, and shopping, this property combines incredible views, versatility, and an unbeatable location.A rare Silver Lake gem with endless potential and some of the best views in the area. Don't miss this exceptional opportunity. BEST PRICED HOME IN THE IMMEDIATE AREA.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,860 | 1,672 |
| Lot Size | 7,373 | 6,067 |
| Price | $2.23M | $1.37M |
| Price per sq ft | $1.2K | $801 |
| Built year | 1926 | 1939 |
| HOA | $0 | $348 |
| Days on market | 13 | 56 |
Jul 9, 2026
$2,235,000
Initial Listing
May 16, 1997
$61,500
Public Record