
Los Angeles, California 90068
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well below the $868,494 Fair Market Value by -3%. While the property is in Fair Condition Rating (5), the rare street-to-street lot with unobstructed panoramic views of Downtown Los Angeles and the Hollywood Sign provides significant upside for a custom rebuild. This asset is an ideal acquisition for Developers or Renovators seeking to capitalize on the unique hillside configuration and prime Hollywood Hills location.
Hollywood Hills fixer-upper with panoramic DTLA and Hollywood Sign views. Rare street-to-street lot, perfect for developers or custom home builders. Act now.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2274 Vasanta Way Subject | $899,000* List Price | 2 | 2 | 1,312 | $662 | - |
A 6610 Padre Terrace Sold | $880,000 | 2 | 2 | 1,180 | $746 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 (64 years old) with no evidence of renovation, this property is marketed as an 'as-is' opportunity for developers or major renovators. Exterior images show significant deferred maintenance including peeling paint and a weathered deck, while the interior is dated and requires a complete rehab of all systems and finishes.
The property boasts unobstructed, sweeping views of Downtown Los Angeles from both levels and iconic Hollywood Sign views from the second floor, providing a quintessential Los Angeles backdrop.
The rare street-to-street lot configuration offers unique possibilities for expansion, outdoor living enhancements, or a complete rebuild of a custom modern hillside retreat.
Situated in the highly sought-after Hollywood Hills East and priced aggressively for a quick sale, this property represents a significant value-add opportunity for developers and renovators.
The property is being sold in as-is condition, which implies the need for substantial immediate investment in repairs, modernization, or structural upgrades.
With only 1,312 square feet of living space, the current 1960s structure is relatively small and may require a significant addition to meet modern luxury standards.
2274 Vasanta Way presents a rare Hollywood Hills dream opportunity for owner users, developers, and renovators alike. Priced to sell with an offer deadline of Monday, June 1st this street to street lot with unobstructed views of downtown Los Angeles offers endless potential to renovate, expand, or build a spectacular custom hillside retreat. Enjoy sweeping Downtown Los Angeles views from both levels, with iconic Hollywood Sign views from the second floor. The unique lot configuration creates exceptional possibilities for additions, outdoor living, and a reimagined modern view estate. Whether you are an end user looking to create your dream Hollywood Hills home or a developer seeking your next standout project, this property offers an incredible value add opportunity in one of Los Angeles' most sought after neighborhoods. Property sold as is, offer deadline Monday, June 1st at 5PM.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 1.0 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 2.0 | 3.0 | 28% |
| Square foot | 1,312 | 2,324 | 10% |
| Lot Size | 5,228 | 7,539 | 19% |
| Price | $899.0K | $1.95M | 4% |
| Price per sq ft | $685 | $877 | 19% |
| Built year | 1960 | 1949 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 176 | 2% |
May 24, 2026
$899,000
Initial Listing