
Los Angeles, California 90065
This Multi-Level Hillside Residence represents a Strong Value Opportunity, listed at a List Price of $1,050,000—positioned well below the $1,055,523 Fair Market Value by 0.5%. With a Condition Rating of 4, the home serves as a blank canvas for modernization. The property features a permitted lower-level suite and expansive hillside views, offering significant potential for forced appreciation. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to customize a private sanctuary in a high-demand neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2251 Moss Avenue Subject | $899,000* List Price | 3 | 2 | 1,708 | $526 | - |
A 3857 Sunbeam Drive Sold | $850,000 | 3 | 2 | 1,659 | $512 | 0.6 mi |
B 2956 W Avenue 35 Sold | $750,000 | 4 | 2 | 1,662 | $451 | 0.7 mi |
C 4118 Division Street Sold | $840,000 | 2 | 2 | 1,260 | $667 | 0.6 mi |
D 3702 Division Active | $1,030,000 List Price | 3 | 3 | 2,015 | $511 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1930 and held by the same family for 58 years, the property is exceptionally clean but significantly dated. The kitchen and bathrooms reflect renovations that are likely 20-30 years old, and the listing explicitly describes the home as a 'blank canvas' for customization, indicating that while functional, the systems and aesthetics require modern updates.
Situated at the end of a quiet cul-de-sac and adjacent to untouched green space, this property offers a rare, park-like sanctuary with stunning hillside and city light views.
The floor plan includes a permitted lower-level bedroom and bathroom with a separate exterior entry, providing excellent potential for a guest suite, creative workspace, or multi-generational living.
Located in the high-demand Glassell Park neighborhood on a generous 8,811 sqft lot, this 'blank canvas' property offers a prime opportunity for buyers to renovate and build substantial value.
Having been held by the same family for 58 years, the home likely requires significant cosmetic and systemic updates to meet modern standards and buyer expectations.
The hillside location may limit the amount of flat, usable yard space and can present unique maintenance challenges related to drainage and foundation common to the area.
PRICE ADJUSTMENT! Back on the market due strictly to previous buyer's contract default. Tucked away at the end of a private cul-de-sac, this hidden Glassell Park treasure offers a proud 58-year family legacy, unmatched privacy, and a highly unique multi-level footprint. Perched perfectly to capture beautiful valley views, the property sits adjacent to a vast, untouched green space creating a remarkably private, park-like sanctuary. The main upper level features two bedrooms, a full bath, a large formal dining room, a spacious breakfast nook, and a flexible BONUS enclosed patio space. Please note: due to the hillside setting, there is an interior floor slope on this main level. Also, Assessor records, ZIMAS, and title profiles all show this home to have a 3-bedroom, 3-bathroom total footprint: the main upper level has 2 bedrooms and 1 full bath, while the lower level contains the 3rd bedroom and additional bathroom, accessible strictly via its own direct exterior entry. Complete with an attached 1-car garage, the property has no traditional flat backyard and requires structural hillside retaining wall repairs. This is an EXCEPTIONAL, high-volume sweat-equity opportunity for contractors and seasoned builders to customize their dream layout and cross a $1.25M+ neighborhood ceiling.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,708 | 1,664.159 |
| Lot Size | 8,811 | 6,066.556 |
| Price | $899.0K | $1.35M |
| Price per sq ft | $526 | $806 |
| Built year | 1930 | 1939 |
| HOA | $0 | $278 |
| Days on market | 116 | 55 |
Jul 25, 2026
$899,000
$1,050,000
-14% Price Drop
Initial Listing
May 10, 2026
$1,050,000
Initial Listing