
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 3 bd · 4 ba · 3,228 sqft · $804 | $2,595,000* List Price | 3 | 4 | 3,228 | $804 | - |
A 749 S Citrus Avenue Sold 3 bd · 3 ba · 2,412 sqft · $869 · 0.6 mi | $2,095,000 | 3 | 3 | 2,412 | $869 | 0.6 mi |
B 615 S Highland Avenue Sold 4 bd · 5 ba · 3,331 sqft · $866 · 0.3 mi | $2,885,000 | 4 | 5 | 3,331 | $866 | 0.3 mi |
C 902 S Citrus Avenue Sold 4 bd · 4 ba · 3,008 sqft · $1,031 · 0.7 mi | $3,100,000 | 4 | 4 | 3,008 | $1,031 | 0.7 mi |
D 158 S Formosa Avenue Sold 4 bd · 4 ba · 2,660 sqft · $895 · 0.5 mi | $2,380,000 | 4 | 4 | 2,660 | $895 | 0.5 mi |
E 664 S Mansfield Avenue Sold 3 bd · 3 ba · 2,270 sqft · $1,013 · 0.4 mi | $2,300,000 | 3 | 3 | 2,270 | $1,013 | 0.4 mi |
F 108 S Formosa Avenue Sold 4 bd · 4 ba · 3,256 sqft · $835 · 0.5 mi | $2,718,800 | 4 | 4 | 3,256 | $835 | 0.5 mi |
G 112 N. Highland Ave Sold 5 bd · 5 ba · 3,899 sqft · $692 · 0.3 mi | $2,700,000 | 5 | 5 | 3,899 | $692 | 0.3 mi |
H 348 S Orange Drive Active 4 bd · 5 ba · 2,934 sqft · $884 · 0.2 mi | $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.
A distinctive mid-century modern residence in the heart of Hancock Park, 266 S Highland offers 3,228 square feet of single-level living on a 10,585 lot, with the privacy, scale and indoor-outdoor connection that define the best of Southern California modernism. Built in 1950 and arranged entirely on one level, the home is organized around a private central courtyard, with expansive walls of glass and multiple sliding doors dissolving the boundary between interior and exterior spaces. The result is a home that feels both intimate and remarkably open, filled with natural light while remaining private from the street. Generous living and entertaining spaces flow easily from one to the next, including a dramatic living area, dining spaces and a dedicated bar, all oriented toward the courtyard and garden. The kitchen is equipped with Thermador and Bosch appliances, double ovens, double sinks and double dishwashers, making it equally suited to everyday living and entertaining. The primary suite is privately positioned, with a generous bath and walk-in closet, while the two additional bedrooms each have en-suite baths. The converted garage adds a versatile bonus space that works equally well as a studio, office, gym or playroom. Throughout the property, the design captures the essential elements of Los Angeles mid-century living: a low-slung profile, open plan, walls of glass, privacy, generous proportions and a constant visual connection to the outdoors. In a neighborhood celebrated largely for its traditional architecture, 266 S Highland offers something altogether differenta distinctive mid-century modern home with exceptional scale, character and an unmistakably Southern California point of view, all within the highly sought-after Third Street Elementary area.
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 | 1,670.836 |
| Lot Size | 10,583 | 6,152.156 |
| Price | $2.60M | $1.34M |
| Price per sq ft | $804 | $807 |
| Built year | 1950 | 1941 |
| HOA | $0 | $238 |
| Days on market | 82 | 56 |
Aug 19, 2026
$2,595,000
Initial Listing
Feb 9, 2018
$1,831,000
Public Record
Dec 19, 2012
$1,000,000
Public Record