2007 Barcelona Drive, Los Angeles, California 90046, Los Angeles, 90046 - 3 bed, 3 bath
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2007 Barcelona Drive
Los Angeles, California 90046
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,689Sq Ft
6,428Lot Size
Property Price
LIST PRICE$1,299,000
EST. MARKET VALUE
$1,295,435
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,299,000—positioned slightly above the $1,295,435 Fair Market Value. While the home carries a Condition Rating of 4, it offers significant upside through modernization. Located in the prestigious Wonderland School District with Iconic Landmark Views of the Griffith Observatory, the property provides a rare value-add foundation. The combination of a prime Hollywood Hills location and proximity to top-rated schools makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity.
Estimated Market Value
$1,295,435
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2007 Barcelona Drive Subject | $1,299,000* List Price | 3 | 3 | 1,689 | $767 | - |
A 2310 Stanley Hills Drive Sold | $1,370,000 | 3 | 3 | 1,547 | $886 | 0.5 mi |
B 2211 Ridgemont Sold | $1,000,000 | 3 | 2 | 1,324 | $755 | 0.5 mi |
C 8621 Lookout Mountain Avenue Sold | $1,640,000 | 3 | 3 | 2,209 | $742 | 0.3 mi |
D 8357 Yucca Trail Active Under Contract | $1,100,000 List Price | 2 | 2 | 1,568 | $702 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1951 with a renovation likely over 15 years ago; the listing explicitly states the home needs 'TLC' and is a 'value add' opportunity. While it features functional systems like central AC and updated windows, the interior finishes are dated and require modernization and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Premier School District
The property is located within the highly coveted Wonderland School District, providing access to an award-winning public education that offers significant financial value for families.
- Iconic Landmark Views
Boasting expansive views from the canyon to the Griffith Observatory, the home offers a premium visual experience that significantly enhances its market appeal and long-term value.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The property is noted as needing 'TLC' and 'love,' indicating that immediate capital expenditure will be required to bring the home up to its full potential and modern standards.
- Vintage Infrastructure
Built in 1951, the home may require significant updates to its original systems and layout to meet the expectations of contemporary luxury buyers in the Sunset Strip area.
About 2007 Barcelona Drive
Laurel Canyon, Wonderland School District and Views from the canyon all the way to the Griffith Observatory! A little love and TLC will bring this 3 bedroom 3 full bath home back to it's full potential. Fire place, skylights, great closet space, central AC, and an excellent location in the Hollywood Hills. Easy access to the dining, shopping and entertainment of Sunset Strip and the Valley and only moments from Wonderland School; an award winning public school allowing you to save tens of thousands per year. This is a great value ad or rental investment opportunity in one of LA's most iconic neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 6,428 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Wonderland Avenue Elementary School
Grades K-5 • 0.5 mi
9/10
West Hollywood Elementary School
Grades K-5 • 1.3 mi
9/10
Gardner Street Elementary School
Grades K-6 • 1.8 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,689 | 1,664.159 |
| Lot Size | 6,428 | 6,066.556 |
| Price | $1.30M | $1.35M |
| Price per sq ft | $769 | $806 |
| Built year | 1951 | 1939 |
| HOA | $0 | $278 |
| Days on market | 12 | 55 |
Pricing History
Listed for Sale
Aug 28, 2026
$1,299,000
Initial Listing
Sold
Feb 9, 2016
$1,350,000
Public Record
Sold
Sep 3, 2003
$550,000
Public Record