1756 Correa Way, Los Angeles, California 90049, Los Angeles, 90049 - 6 bed, 7 bath
1756 Correa Way
Los Angeles, California 90049
Property Price
SUMMARY
Analysis of 1756 Correa Way, Los Angeles, California 90049 reveals a Prime Investment Opportunity with a current list price of $7,485,000—significantly undercutting the $8,594,361 Fair Market Value by 12%. This valuation gap indicates a +$1,109,361 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1756 Correa Way Subject | $7,485,000* List Price | 6 | 7 | 6,102 | $1,408 | - |
A 222 Avondale Avenue Sold | $8,750,000 | 5 | 7 | 6,123 | $1,429 | 1.0 mi |
B 12618 Homewood Way Sold | $5,300,000 | 4 | 4 | 4,090 | $1,296 | 0.5 mi |
C 2167 Mandeville Canyon Road Sold | $6,225,000 | 5 | 6 | 4,007 | $1,554 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1975, the property has undergone an extensive and impeccable contemporary renovation that meets today's luxury standards. The home features a modern chef's kitchen with high-end stainless steel appliances and marble countertops, updated oversized bathrooms, and premium finishes throughout. All major components, including the stone patios, heated swimmer's pool, and interior living spaces, appear to be in like-new condition with no deferred maintenance, aligning with the criteria for a recently renovated high-end estate.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fairburn Avenue Elementary School (9/10).
- Prime Location and Views
Situated on a quiet cul-de-sac in lower Mandeville Canyon, this property offers rare, unobstructed panoramic views from the Getty to the Pacific Ocean visible from every room.
- Extensive Modern Renovation
The home features an impeccable contemporary renovation with high-end finishes, including a marble chef's kitchen and a spacious primary retreat, while maintaining its original architectural charm.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 7.
- School Commute Logistics
While located in a prestigious area, the highest-rated elementary schools are between 2 to 4 miles away, which can involve significant travel time during peak Los Angeles traffic hours.
- 1970s Structural Foundation
Despite the extensive aesthetic and functional renovations, the property's 1975 origin may present certain architectural or infrastructure limitations compared to modern ground-up constructions in this price bracket.
About 1756 Correa Way
Welcome to 1756 Correa Way, an impeccably renovated family home located on a quiet cul-de-sac in prime lower Mandeville Canyon. This exceptional property on almost half an acre has been extensively renovated to today's contemporary design while preserving its original charm and character. It boasts architectural features and offers expansive views from the Getty to the Pacific Ocean, visible from every room in the house. The modern kitchen features high-end stainless steel appliances, marble countertops, and ample cabinet space. Upstairs, you'll find a spacious primary bedroom with an oversized bathroom and a walk-in closet, providing a true retreat. Down the hall, there are two additional bedrooms that open to a large stone patio overlooking the beautiful city views. The lower level features three additional bedrooms and a family room with a built-in bar and fireplace. This area opens to an additional covered stone patio adjacent to the fenced and heated swimmer's pool with spa and the expansive flat grassy lawn, which is great for pets and kids. With six generously sized bedrooms in total, this home offers comfort and tranquility. The very private backyard oasis boasts a spacious patio, including al fresco dining and summer barbecues. Designed as an entertainer's dream, the outdoor yard is ideal for hosting gatherings and parties. Located near top-rated schools, Brentwood Country Mart, and Santa Monica's famous Montana Avenue, 1756 Correa Way combines classic charm with contemporary features.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 20,558 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Brentwood Science School
Grades K-5 • 1.6 mi
Franklin Elementary School
Grades PK-5 • 1.9 mi
Brockton Avenue Elementary School
Grades K-5 • 2.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 85% |
| Baths | 7.0 | 4.0 | 81% |
| Square foot | 6,102 | 3,184.5 | 85% |
| Lot Size | 20,558 | 11,710 | 73% |
| Price | $7.49M | $3.88M | 80% |
| Price per sq ft | $1.2K | $1.3K | 37% |
| Built year | 1975 | 1958 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 182 | 2% |
Pricing History
Listed for Sale
Jan 28, 2026
$7,485,000
Initial Listing
Sold
Nov 7, 1997
$1,200,000
Public Record