1940 N Western Avenue, Los Angeles, California 90027, Los Angeles, 90027 - 6 bed, 5 bath
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Los Angeles, California 90027
This Renovated Spanish-Style Estate is a Strong Value Opportunity, listed at $2,995,000—positioned well below the $3,134,339 Fair Market Value by 4%. This valuation gap provides $139,339 in Instant Equity. Boasting an Excellent Condition Rating, the 3,803 sq ft interior features a high-end marble kitchen, two primary suites, and City Lights views. Located in Los Feliz near Ivanhoe Elementary (9/10), it balances historic character with modern luxury. This is an ideal acquisition for Multi-generational Families or Luxury Homeowners seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1940 N Western Avenue Subject | $2,799,000* List Price | 6 | 5 | 3,803 | $788 | - |
A 1901 N Catalina Active | $2,649,999 List Price | 4 | 4 | 3,312 | $800 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite its 1923 construction, this property has undergone an extensive high-end renovation that brings it to modern luxury standards. The kitchen is a standout feature with contemporary grey shaker cabinetry, massive marble-topped island, and professional-grade stainless steel appliances. The home features consistent dark wood flooring, updated recessed and designer light fixtures, and modern glass doors leading to a well-maintained private courtyard. The overall quality of the finishes, including the crown molding and updated bathrooms, indicates a comprehensive renovation within the last 5 years with no visible deferred maintenance.
Elementary School: Ivanhoe Elementary School (9/10).
Featuring six bedrooms and two primary suites, the floor plan offers rare flexibility for large families, guests, or a sophisticated home office setup within 3,803 sq ft of living space.
This 1923 Spanish-style home preserves its historic integrity with arched details and wood flooring, seamlessly integrated with a private courtyard for a classic indoor-outdoor California lifestyle.
Situated on North Western Avenue, a major thoroughfare, the property may be subject to significant street noise and traffic congestion compared to quieter interior neighborhood streets.
Built in 1923, the home may require ongoing maintenance or capital improvements to aging systems typical of historic properties to meet modern efficiency standards.
Welcome to this beautifully maintained Spanish-style 6-bedroom, 5-bathroom home offering approx. 3,803 sq ft, located in the highly sought-after Los Feliz area. Rich in character, the home features arched details, warm wood flooring, and abundant natural light throughout. Multiple living spaces flow seamlessly to a private courtyard, creating an ideal indoor-outdoor setup for both everyday living and entertaining. Featuring two primary suites, the layout offers flexibility for multi-generational living, guests, or added privacy. Additional bedrooms and flexible spaces easily accommodate a home office or creative use. Ideally positioned near Griffith Park, Los Feliz Village, and Silver Lake, with convenient access to hiking trails, popular dining, and major freeways.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 0.7 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 92% |
| Baths | 5.0 | 3.0 | 70% |
| Square foot | 3,803 | 2,595 | 80% |
| Lot Size | 8,102 | 7,500 | 56% |
| Price | $2.80M | $2.35M | 62% |
| Price per sq ft | $736 | $1.0K | 15% |
| Built year | 1923 | 1937 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 134 | 16% |
Apr 15, 2026
$2,799,000
$2,995,000
-7% Price Drop
Initial Listing
Mar 30, 2026
$2,995,000
Initial Listing
May 31, 2018
$2,100,000
Public Record
Sep 15, 2015
$1,200,000
Public Record
Dec 9, 2010
$799,000
Public Record