2015 Rosilla Place, Los Angeles, California 90046, Los Angeles, 90046 - 2 bed, 2 bath
Loading property details...
Los Angeles, California 90046
This Laurel Canyon Development Opportunity is a Strong Value Opportunity listed at $849,000—positioned below the $854,509 Fair Market Value by 1%. This valuation gap offers $5,509 in Instant Equity. While maintaining a Condition Rating of 4, the property includes an adjacent vacant lot offering Panoramic Hollywood Sign Views and significant ADU potential. Situated in the elite Wonderland Avenue Elementary School district, this home balances immediate charm with rare expansion upside. It is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2015 Rosilla Place Subject | $799,000* List Price | 2 | 2 | 932 | $857 | - |
A 8441 Ridpath Drive Sold | $997,000 | 2 | 2 | 1,060 | $941 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1941, this cottage is well-maintained and charming but shows clear signs of its age. While the kitchen has been refreshed with stainless steel appliances and the home features hardwood floors, the small 932 sqft footprint, outdoor laundry room, and older bathroom fixtures indicate it has not undergone a full modern renovation. The listing's emphasis on 'potential development' and 'creating the home of your dreams' further suggests that the property is viewed as a candidate for significant updates or expansion.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
The inclusion of an adjacent vacant lot offers a rare and significant opportunity to expand the living space, build an ADU, or create a custom studio with Hollywood sign views.
The property is situated within the highly-coveted Wonderland Avenue Elementary School district, a major draw for families that consistently supports high property values.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With only 932 square feet of living area, the home's footprint is quite small for a two-bedroom residence, which may limit its appeal to buyers seeking more spacious interiors.
The laundry room is located outside the main living structure, a functional drawback that may require a renovation to integrate into the interior for modern convenience.
This charming Laurel Canyon Cape Cod Cottage plus the vacant lot next door offer a once in lifetime opportunity to create the home of your dreams. The vacant lot offers stunning views of the Canyon, perfectly framing the Hollywood sign that could be captured with the potential development of a deck, terraced garden, ADU, studio or she-shed -- the possibilities are endless. The home features 2 bedrooms, 2 bathrooms, parking for 2 cars all surrounded by California fauna and mature trees that create a bucolic sense of calm and privacy yet only minutes away from the heart of West Hollywood and Studio City. The top floor features a kitchen, open living area, bathroom, and large windows to let in the light and take in the panoramic Canyon views. The lower level features the primary suite, second bedroom, large utility storage space, and separate laundry room outside. The home also features several charming outdoor spaces and is located in the highly acclaimed Wonderland school district. Create your Laurel Canyon dream home!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.3 mi
Grades K-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 2.0 | 3.0 | 34% |
| Square foot | 932 | 2,338 | 2% |
| Lot Size | 2,500 | 7,611 | 3% |
| Price | $799.0K | $2.33M | 1% |
| Price per sq ft | $857 | $957 | 36% |
| Built year | 1941 | 1957 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 100 | 182 | 28% |
Mar 21, 2026
$799,000
$849,000
-6% Price Drop
Initial Listing
Feb 13, 2026
$849,000
$899,000
-6% Price Drop
Initial Listing
Jan 12, 2026
$899,000
Initial Listing
Apr 24, 2017
$763,000
Public Record
Feb 23, 2004
$450,000
Public Record