2007 Barcelona Drive, Los Angeles, California 90046, Los Angeles, 90046 - 3 bed, 3 bath
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Los Angeles, California 90046
This property presents a Strong Value Opportunity with a List Price of $1,449,000—positioned well below the $1,570,995 Fair Market Value by 7%. This valuation gap offers $121,995 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home requires modernization, yet its location in the top-rated Wonderland Avenue Elementary School district provides significant long-term stability. With panoramic canyon views, a deck, and a patio, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2007 Barcelona Drive Subject | $1,449,000* List Price | 3 | 3 | 1,748 | $899 | - |
A 2310 Stanley Hills Drive Sold | $1,370,000 | 3 | 3 | 1,547 | $886 | 0.5 mi |
B 8615 Skyline Drive Sold | $1,760,000 | 3 | 3 | 1,756 | $1,002 | 0.6 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.
Property is moderate renovation needed.
Built in 1951 with renovations (kitchen and flooring) that appear to be 15-25 years old. While the home is functional and features a newer rooftop HVAC unit, the kitchen finishes and bathroom fixtures are dated, and the listing description explicitly calls for 'TLC' and 'personal touches' to unlock value.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
The property is located within the highly coveted Wonderland Avenue Elementary School district, a top-rated institution that significantly enhances long-term resale value and attracts family-oriented buyers.
Positioned as a 'fixer' opportunity in a premium neighborhood, this home allows investors or owner-users to build substantial equity by modernizing the existing structure and unlocking its full market potential.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1748, other record living area = 1428. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property is noted as needing 'TLC,' implying that buyers should budget for immediate additional costs to address deferred maintenance and outdated interior finishes.
Constructed in 1951, the home may present challenges common to older hillside properties, such as the need for updated electrical, plumbing, or foundation assessments to meet modern standards.
Hollywood Hills opportunity awaits! Tucked away in the coveted Wonderland School District, this charming home offers the perfect blend of character, privacy, and potential. Featuring 3 bedrooms, 3 baths, and serene canyon views, the home provides an incredible foundation to create something special. Bring your personal touches and a little TLC to unlock its full potential while adding value in one of LA's most desirable neighborhoods. Enjoy the quintessential Hills lifestyle just moments from the shopping, dining, and entertainment of the famed Sunset Strip.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.3 mi
Grades K-6 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,748 | 1,672 |
| Lot Size | 6,428 | 6,067 |
| Price | $1.45M | $1.37M |
| Price per sq ft | $829 | $801 |
| Built year | 1951 | 1939 |
| HOA | $0 | $348 |
| Days on market | 13 | 56 |
Jul 9, 2026
$1,449,000
Initial Listing
Feb 9, 2016
$1,350,000
Public Record
Sep 3, 2003
$550,000
Public Record