2451 Nichols Canyon Road, Los Angeles, California 90046, Los Angeles, 90046 - 6 bed, 5 bath
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Los Angeles, California 90046
This property presents a High-Potential Investment Opportunity with a List Price of $3,500,000—positioned well below the $3,276,611 Fair Market Value by -6%. Featuring a Condition Rating of 5, this 1940s estate requires a full-scale rehab to modernize its 4,185 sq. ft. layout. The expansive 17,932 sq. ft. lot, private pool, and massive parking capacity offer significant value-add potential. Located near top-rated schools like West Hollywood Elementary, this is a prime acquisition for Fix-and-Flip Investors or Contractors seeking a unique Hollywood Hills project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2451 Nichols Canyon Road Subject | $3,199,000* List Price | 6 | 5 | 4,185 | $758 | - |
A 2310 Apollo Drive Sold | $2,750,000 | 4 | 4 | 2,854 | $964 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940 and described as a 'diamond in the rough,' the property has been occupied by the same owner for over 40 years with no mention of recent renovations. The listing explicitly calls for 'new and modern architectural and decor talents,' indicating that the kitchen, bathrooms, and major systems are significantly outdated and require a full-scale rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17932, living area = 4185.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated on a nearly 18,000 sq. ft. lot with no immediate neighbors, this 'island' property offers a rare, secluded sanctuary featuring mature sequoia and magnolia trees in the heart of the Hollywood Hills.
Marketed as a 'diamond in the rough,' the property requires a substantial capital investment to modernize the 1940s architecture and interior decor to meet current luxury market expectations.
With over 40 years of single-owner history, the home likely faces deferred maintenance and requires comprehensive updates to its mechanical, electrical, and plumbing systems.
One of a kind! Not your average Diamond in the rough property. This private compound-retreat can become your own private 17,932+/- sq ft island. No neighbors. Just minutes away from Hollywood, DTLA, Studio City and the Sunset Strip, it makes you feel in the middle of a forest, with gardens and landscape featuring matured trees. Offering you peace and quiet, creating a relaxing zen-sanctuary around the beautiful private pool with large BBQ area. This property is situated in the Hollywood Hills, it has so much to offer. Featuring a mid-century 4,185sq ft., dwelling with six bedrooms, five bathrooms, plenty of parking for 15 cars or more, depending on the compact size of the car, plus 4 separate garages. Once upon a time a home, for 40+ years, to a music composer. Now looking for someone to bring their own new, and modern, architectural and decor talents. Call to schedule private showing.
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades K-6 • 1.1 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 4,185 | 1,672 |
| Lot Size | 17,932 | 6,067 |
| Price | $3.20M | $1.37M |
| Price per sq ft | $764 | $801 |
| Built year | 1940 | 1939 |
| HOA | $0 | $348 |
| Days on market | 38 | 56 |
Jul 8, 2026
$3,199,000
$3,500,000
-9% Price Drop
Initial Listing
Jun 15, 2026
$3,500,000
Initial Listing
Sep 23, 2004
$1,389,500
Public Record