
Los Angeles, California 90027
This Exquisitely Renovated 1923 Estate represents a Prime Investment Opportunity, listed at $2,649,999—positioned well below the $2,756,377 Fair Market Value by 3%. This valuation gap provides $106,378 in Instant Equity. Boasting an Excellent Condition Rating, the residence features a private home theater, chef's kitchen, and city lights views. Located in the prestigious Ivanhoe Elementary School district (9/10), the property includes an unfinished structure with significant ADU potential. This is a sophisticated acquisition for Luxury Homeowners or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1901 N Catalina Subject | $2,649,999* List Price | 4 | 4 | 3,312 | $832 | - |
A 4310 Cedarhurst Circle Sold | $2,510,000 | 4 | 4 | 2,644 | $949 | 0.8 mi |
B 5163 Franklin Avenue Sold | $2,495,000 | 3 | 3 | 2,762 | $903 | 0.4 mi |
C 4311 Finley Avenue Sold | $2,228,800 | 3 | 3 | 2,184 | $1,021 | 0.7 mi |
D 4520 Kingswell Avenue Active | $2,149,950 List Price | 4 | 4 | 3,295 | $652 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite its 1923 construction, this estate has undergone an extensive high-end renovation that brings it to modern luxury standards. The interior features a chef's kitchen with stone countertops and contemporary black stainless steel appliances, while the bathrooms are finished with premium Carrara marble, frameless glass showers, and designer fixtures. The property includes significant upgrades such as a tiered home theater, updated recessed lighting, and pristine dark hardwood floors. The overall quality of the finishes and the lack of visible deferred maintenance justify an excellent rating.
Elementary School: Ivanhoe Elementary School (9/10).
This 1923 estate features a dramatic double-height great room, sweeping staircase, and period details like arched doorways and ornate molding that offer a level of character rarely found in modern builds.
The property includes a private home theater with tiered stadium seating and beautifully renovated bathrooms featuring Carrara marble and designer tile work, blending historic charm with modern luxury.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 6.
The backyard structure is currently in an unfinished condition, requiring the buyer to invest additional capital and navigate city permitting to realize its potential as an ADU or studio.
The use of virtual staging in marketing materials may create a disconnect between the digital presentation and the physical walkthrough, potentially highlighting a lack of onsite furnishings or warmth.
Tucked behind towering hedges on a coveted Los Feliz street, this gated 1923 estate delivers the kind of drama, scale, and character that simply cannot be replicated. Step through the iron gate and stone courtyard into a breathtaking double-height great room soaring ceilings, a sweeping staircase, a crystal chandelier, and rich dark hardwood floors set the stage for a home that feels equal parts grand and intimately yours. Graceful arched doorways, ornate crown molding, and an open-concept layout create effortless flow between the living and entertaining spaces. The chef's kitchen features classic white cabinetry, stone countertops, and ample storage all opening seamlessly to the main living areas. Upstairs, a dramatic mezzanine lounge wraps around the chandelier with a gallery wall and plush curved seating the perfect perch for morning coffee or evening cocktails overlooking the great room below. Spacious bedrooms include a serene primary suite, while four beautifully appointed bathrooms showcase Carrara marble floors, frameless glass-enclosed showers, designer tile work, and an elegant clawfoot soaking tub. Every detail has been carefully considered. The showstopper? A private home theater with tiered stadium seating, a ceiling-mounted projector, and cinematic décor your own screening room worthy of the neighborhood's storied Hollywood legacy. Step outside to a sun-drenched solarium balcony and a private, tree-shaded backyard an entertainer's canvas ready for al fresco dining, lounge seating, or weekend gatherings. A private detached structure in the tree-shaded backyard awaits your vision — a future ADU, creative studio, home office, or guest retreat. Structure is in unfinished condition. ADU eligibility and all development potential to be verified by Buyer and/or Buyer's Agent with the City of Los Angeles. Complete with a two-car garage, gated privacy, and an unbeatable Los Feliz location minutes from Griffith Observatory, the trails, Franklin Village, and Vermont Avenue's best dining this is not just a home. It's a lifestyle. (Some pictures are virtually staged)
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.6 mi
Grades K-2 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 53% |
| Square foot | 3,312 | 2,587 | 81% |
| Lot Size | 7,478 | 6,988.5 | 54% |
| Price | $2.65M | $2.25M | 63% |
| Price per sq ft | $800 | $985 | 24% |
| Built year | 1923 | 1938 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 182 | 6% |
Mar 11, 2026
$2,649,999
Initial Listing
Apr 27, 2018
$1,880,000
Public Record