
Los Angeles, California 90036
This Strong Value Opportunity is a mid-century architectural gem listed at $2,595,000, positioned well below the $2,766,670 Fair Market Value by 6%. This valuation gap provides $171,670 in Instant Equity for the buyer. Featuring a chef's kitchen, renovated garage studio, and a secluded courtyard, the home maintains a Condition Rating of 2. Located in the coveted Third Street Elementary district, this property is an ideal sanctuary for discerning homeowners or long-term investors seeking a move-in ready, high-pedigree residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 266 S Highland Avenue Subject | $2,595,000* List Price | 3 | 4 | 3,228 | $857 | - |
A 615 S Highland Avenue Sold | $2,885,000 | 4 | 5 | 3,331 | $866 | 0.3 mi |
B 902 S Citrus Avenue Sold | $3,100,000 | 4 | 4 | 3,008 | $1,031 | 0.7 mi |
C 108 S Formosa Avenue Sold | $2,718,800 | 4 | 4 | 3,256 | $835 | 0.5 mi |
D 158 S Formosa Avenue Sold | $2,380,000 | 4 | 4 | 2,660 | $895 | 0.5 mi |
E 323 S Orange Drive Sold | $2,800,000 | 4 | 5 | 3,267 | $857 | 0.2 mi |
F 243 S Formosa Avenue Sold | $2,200,000 | 4 | 3 | 2,461 | $894 | 0.5 mi |
G 846 S Cloverdale Sold | $2,098,000 | 3 | 4 | 2,620 | $801 | 0.9 mi |
H 348 S Orange Drive Active | $2,595,000 List Price | 4 | 5 | 2,934 | $884 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a high-end modern renovation with a chef's kitchen including Thermador and Bosch appliances. Interior finishes like hardwood floors and recessed lighting are in mint condition, and the home is described as move-in ready with updated systems including AC.
This 1950s mid-century residence exemplifies Southern California modernist ideals with clean lines, seamless indoor-outdoor flow, and a high-end chef's kitchen featuring Thermador and Bosch appliances.
Situated in the heart of Hancock Park, the property is located within the highly coveted Third Street Elementary district, offering significant lifestyle appeal and long-term investment value.
The renovated garage provides high-value flexible square footage equipped with AC and built-ins, perfect for a professional home office, gym, or creative studio.
The property is noted as having no views, which may be a disadvantage for buyers comparing it to other luxury listings in the area that offer city or hillside vistas.
With only three bedrooms across 3,228 square feet, the layout may feel restrictive for larger families or buyers seeking a higher bedroom count at this price point.
Set in the heart of Hancock Park, this mid-century residence pairs timeless architectural character with modern comfort and an effortless indoor-outdoor lifestyle. Built in 1950, the home reflects the Southern California modernist ideals associated with Gregory Ain, A. Quincy Jones, and Cliff May: clean lines, open living spaces, privacy, natural light, and a seamless connection between house and garden. Walls of sliding glass doors open to a secluded courtyard, creating an intimate setting for entertaining, dining, or everyday retreat. Designed for hosting, the home features generous living areas, a backroom bar, and a well-appointed chef's kitchen with Thermador and Bosch appliances, including double ovens, sinks, and dishwashers. The primary suite offers a true retreat, with a huge en suite bathroom and a fabulous walk-in closet. Each additional bedroom also includes its own en suite bathroom, offering privacy and convenience throughout. The renovated garage adds flexible bonus space for a playroom, gym, studio, or office, complete with AC and built-ins. Located within the coveted Third Street Elementary district, this move-in ready and distinctive Hancock Park property offers scale, flow, privacy, and the enduring appeal of mid-century Los Angeles living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,228 | 1,664.159 |
| Lot Size | 10,583 | 6,066.556 |
| Price | $2.60M | $1.35M |
| Price per sq ft | $804 | $806 |
| Built year | 1950 | 1939 |
| HOA | $0 | $278 |
| Days on market | 21 | 55 |
Aug 19, 2026
$2,595,000
Initial Listing
Feb 9, 2018
$1,831,000
Public Record
Dec 19, 2012
$1,000,000
Public Record