
Los Angeles, California 90027
This Exquisite 1924 Residence is a High-Potential Investment Opportunity, listed at $3,998,000—positioned well above the $3,372,217 Fair Market Value. While the price reflects a premium, the property offers a Condition Rating of 3 with high-end modern renovations. Key features include a 650 sqft Guest Apartment, a Temperature-Controlled Wine Cellar, and Stunning City Views. Located near Top-Rated Schools like Ivanhoe Elementary, this home provides a rare blend of historic character and modern utility. It is an ideal acquisition for Owner-Occupants seeking a luxury lifestyle or Investors targeting high-end rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2240 N Berendo Subject 4 bd · 3 ba · 3,238 sqft · $1,037 | $3,998,000* List Price | 4 | 3 | 3,238 | $1,037 | - |
A 4801 Ambrose Avenue Sold 4 bd · 3 ba · 2,750 sqft · $1,209 · 0.1 mi | $3,325,000 | 4 | 3 | 2,750 | $1,209 | 0.1 mi |
B 5222 Los Franciscos Way Sold 4 bd · 3 ba · 3,013 sqft · $1,095 · 0.6 mi | $3,300,000 | 4 | 3 | 3,013 | $1,095 | 0.6 mi |
C 5270 Los Diegos Way Active 3 bd · 3 ba · 2,810 sqft · $1,351 · 0.7 mi | $3,795,000 List Price | 3 | 3 | 2,810 | $1,351 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1924, the property has undergone significant high-end renovations. The kitchen features modern stainless steel appliances, updated cabinetry, and stone countertops, while the bathrooms show contemporary tiling and fixtures consistent with a 5-15 year old renovation. The home is exceptionally well-maintained, move-in ready, and includes modern systems like a temperature-controlled wine cellar.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11319, living area = 2588.
Elementary School: Ivanhoe Elementary School (9/10).
The property features a private 650 sqft one-bedroom apartment above the garage with a full kitchen and balcony, offering excellent potential for rental income or multi-generational living.
At a listing price of nearly $4 million for approximately 2,600 square feet in the main house, the property sits at a premium price point that may challenge some buyers' value expectations.
Given the home's 1924 construction, prospective owners should anticipate potential maintenance requirements or necessary upgrades to aging systems typical of historic properties.
Nestled above the boulevard in the prestigious hills of Los Feliz, this exquisite 1924 residence offers classic California elegance on an expansive 11,319 square foot lot. The 2,588 square foot main house and the 650 square foot apartment combine for a total of 3238 square feet of living space. With 4 bedrooms and 3 baths in the main house, this home seamlessly blends period charm with livable, modern comfort. Step inside to find rich mahogany woodwork throughout, high ceilings in the light-filled living room, and a handsome library just off the main living space—perfect for quiet evenings & a good book. French doors from both the living room and library open onto a covered patio, creating a natural indoor-outdoor flow ideal for entertaining or relaxed everyday living. Wine enthusiasts will appreciate the temperature-controlled 30-case wine cellar tucked off the garage—a rare and coveted feature. Above the garage, a private one-bedroom, one-bath apartment with a full kitchen and its own balcony offers stunning city views, making it the perfect space for guests, extended family, or rental income potential. The generous lot is dotted with mature fruit trees, adding to the property's charm and sense of established, storied character. The location is unbeatable—walk to the historic Greek Theatre, and enjoy Griffith Park practically as your own backyard, with miles of trails and open space just moments away. This is a rare opportunity to own a piece of Los Feliz history, combining vintage architectural detail with the space and amenities today's buyer’s desire. Welcome home!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 0.7 mi
Grades K-2 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,238 | 1,670.836 |
| Lot Size | 11,319 | 6,152.156 |
| Price | $4.00M | $1.34M |
| Price per sq ft | $1.2K | $807 |
| Built year | 1924 | 1941 |
| HOA | $0 | $238 |
| Days on market | 60 | 56 |
Sep 10, 2026
$3,998,000
Initial Listing