2451 Nichols Canyon Road, Los Angeles, California 90046, Los Angeles, 90046 - 6 bed, 5 bath
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2451 Nichols Canyon Road
Los Angeles, California 90046
ACTIVE
CONDITION: POOR
6Beds
5Baths
4,185Sq Ft
17,932Lot Size
Property Price
LIST PRICE$2,995,000
SUMMARY
FORECLOSURE. 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1940 and currently a foreclosure, this property is explicitly described as a 'diamond in the rough' requiring extensive architectural and decor updates. While the structure is intact, the interior images show highly dated bathrooms and kitchens with finishes that appear over 30 years old, indicating the need for a comprehensive rehab.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Great Schools
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Expansive Private Compound
Situated on a rare 17,932 sq ft lot with no immediate neighbors, this property offers a secluded 'zen-sanctuary' feel while remaining minutes from the Sunset Strip and Studio City.
CONSRISKS & DEFICIENCIES
- Foreclosure Condition
As a 'diamond in the rough' foreclosure, the property likely requires extensive capital investment to address deferred maintenance and modernize the 1940s-era systems and finishes.
- Market Stagnation
With 100 days on market and multiple price reductions from the original $3.5M ask, the property may face challenges regarding its current valuation relative to the required renovation costs.
About 2451 Nichols Canyon Road
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 17,932 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Gardner Street Elementary School
Grades K-6 • 1.1 mi
7/10
Valley View Elementary School
Grades K-6 • 1.1 mi
8/10
Wonderland Avenue Elementary School
Grades K-5 • 1.2 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 4,185 | 1,670.836 |
| Lot Size | 17,932 | 6,152.156 |
| Price | $3.00M | $1.34M |
| Price per sq ft | $716 | $807 |
| Built year | 1940 | 1941 |
| HOA | $0 | $238 |
| Days on market | 147 | 56 |
Pricing History
Listed for Sale
Aug 7, 2026
$2,995,000
$3,199,000
-6% Price Drop
Initial Listing
Price Change
Jul 8, 2026
$3,199,000
$3,500,000
-9% Price Drop
Initial Listing
Price Change
Jun 15, 2026
$3,500,000
Initial Listing
Sold
Sep 23, 2004
$1,389,500
Public Record