
Los Angeles, California 90077
This Value-Add Bel Air Condominium represents a Strong Value Opportunity as the lowest-priced entry into the prestigious 90077 zip code. Listed at $749,000, which aligns with its $749,000 Fair Market Value, the asset provides a stable financial foundation with significant upside through modernization. Currently holding a Condition Rating of 4, the unit requires cosmetic updates but offers premium lifestyle perks including mountain views, a resort-style pool, and proximity to the 9/10 rated Roscomare Road Elementary School. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build custom equity in an elite Los Angeles enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2345 Roscomare Road 302 Subject | $749,000* List Price | 2 | 2 | 981 | $764 | - |
A 2345 Roscomare 302 Active | $749,000 List Price | 2 | 2 | 981 | $764 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this unit is significantly dated, featuring older 4x4 wall tiles in the bathrooms and aging carpet. While functional and appearing well-kept, the listing explicitly notes the need for updates and 'potential for transformation,' indicating that the kitchen, baths, and finishes require modernization to meet current market standards.
Elementary School: Roscomare Road Elementary School (9/10).
Situated in prestigious Bel Air, the property is just steps from the top-rated Roscomare Road Elementary School and offers unparalleled access to the Getty Center, UCLA, and major transit corridors.
As the lowest-priced unit in the building, this condo represents a rare entry-level opportunity into the 90077 zip code, offering significant equity upside for homeowners and investors.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The monthly association fee of $815 is relatively high for a sub-1,000 square foot unit, which may impact the overall affordability and monthly budget for some buyers.
Built in 1971 and marketed for its 'potential,' the unit likely requires cosmetic or functional updates to meet modern luxury standards, necessitating additional immediate capital investment.
Welcome to Bel Air Chalet! Discover incredible potential with this spacious 2 Bedroom, 2 Bathroom Condo offering 981 sq. ft. of living space in one of Bel Air’s most desirable communities. This is the lowest priced Unit in the building, making it an excellent opportunity for both homeowners and investors alike. The unit features bright, open living areas with beautiful building views, a private balcony, and generous bedrooms with ample closet space. With some updates, this condo has amazing potential to be transformed into your dream Bel Air retreat. What truly sets this home apart is its unbeatable location! Just minutes from the Getty Center (5–10 minutes away, across the ravine), with easy access to the 405 freeway, UCLA, Burbank Airport, Sunset Blvd, Pacific Ocean, Malibu, and other coastal destinations. Location, Location, Location within the heart of Los Angeles. Enjoy resort style living with secure entry, gated parking, a sparkling pool, and well maintained grounds, all within minutes of Mulholland Drive, Beverly Hills, Sherman Oaks, and Top Rated Schools. Don’t miss this rare chance to own in the Bel Air Chalet! A prime location, strong value, and endless potential all in one.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 9-12 • 4.9 mi
Grades 9-12 • 4.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 981 | 1,314 | 50% |
| Lot Size | 87,605 | 108,840 | 50% |
| Price | $749.0K | $849.0K | 50% |
| Price per sq ft | $764 | $670 | 50% |
| Built year | 1971 | 1973 | 50% |
| HOA | $815.0 | $842 | 50% |
| Days on market | 33 | 73 | 50% |
May 4, 2026
$749,000
Initial Listing
Dec 16, 2021
$649,000
Public Record
Aug 6, 2018
$615,000
Public Record
Oct 29, 2015
$430,000
Public Record
Jun 4, 2014
$365,000
Public Record