2669 Larmar Road, Los Angeles, California 90068, Los Angeles, 90068 - 4 bed, 4 bath
2669 Larmar Road
Los Angeles, California 90068
Property Price
SUMMARY
Analysis of 2669 Larmar Road, Los Angeles, California 90068 reveals a Prime Investment Opportunity with a current list price of $4,995,000—significantly undercutting the $5,229,277 Fair Market Value by 4%. This valuation gap indicates a +$234,277 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2669 Larmar Road Subject | $4,995,000* List Price | 4 | 4 | 2,721 | $1,922 | - |
A 2635 Carman Crest Drive Active | $4,995,000 List Price | 4 | 6 | 3,381 | $1,477 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1976, the property has undergone extensive and recent renovations. The kitchen features modern flat-panel cabinetry, white subway tile, and high-end stainless steel appliances (Viking range). Bathrooms are updated with contemporary vanities, modern fixtures, and glass-enclosed showers. Throughout the home, there is consistent wood-look flooring, fresh paint, and large, modern windows. The description explicitly mentions 'beautifully updated home,' 'remodeled kitchen,' and 'modern upgrades including Google Home controlled heating and cooling, state-of-the-art security.' All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
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 = 12629, living area = 2721.
- Panoramic Jetliner Views
Offers 'the best view in LA' with 'jaw-dropping, jetliner views from the ocean to the Hollywood sign,' providing an unparalleled visual experience and significant value.
- Prime Location & Privacy
Situated in a 'coveted Outpost Estates' cul-de-sac, this 'private, secluded sanctuary' offers exclusivity and tranquility in a highly desirable Hollywood Hills neighborhood.
CONSRISKS & DEFICIENCIES
- Age of Original Construction & Current Home Size
Built in 1976, the existing 2,721 sqft home, despite updates, may not fully align with modern luxury expectations for a property at this price point, especially given the approved plans for a much larger residence.
- High Price Point Relative to Current Structure
The nearly $5M list price for the current 2,721 sqft home suggests a significant premium for the land, views, and development potential, which might deter buyers primarily seeking a fully realized, move-in ready luxury home of comparable size.
- Additional Investment for Full Potential
While approved plans are a strength, realizing the 4,300+ sq ft modern residence will require substantial additional investment in construction costs and time, which could be a barrier for some prospective buyers.
About 2669 Larmar Road
The best view in LA, perched near the top of a serene hillside cul-de-sac in coveted Outpost Estates, this home is a private, secluded sanctuary with iconic pedigree. Once owned by a legendary Rock & Roll Hall of Fame musician, this property offers both a storied past and exceptional potential, with approved plans for a 4,300+ sq ft modern residence or the opportunity to enjoy the beautifully updated home currently on site. Showcasing jaw-dropping, jetliner views from the ocean to the Hollywood sign, the existing 4-bedroom, 3.5-bath residence is an urban oasis designed for both escape and entertaining. Soaring ceilings, an open floor plan, and floor-to-ceiling windows flood the interior with natural light and connect seamlessly to a lush backyard with a heated pool and spa, capturing the essence of Hollywood Hills indoor/outdoor living. The remodeled kitchen features stainless steel appliances and opens to the main living area. Modern upgrades include Google Home controlled heating and cooling, state-of-the-art security, and a full video monitoring system. Clean lines, abundant light, and a contemporary feel make the home ideal for end users or an excellent investment opportunity. Convenient to both the city and the valley, this versatile property offers the rare chance to live, expand, or invest in one of Los Angeles' most desirable neighborhoods. A blend of history, privacy, and design potential, 2669 Larmar Rd. is a Hollywood Hills offering unlike any other.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 12,629 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 4.0 | 3.0 | 58% |
| Square foot | 2,721 | 2,363 | 58% |
| Lot Size | 12,629 | 6,973 | 76% |
| Price | $5.00M | $1.90M | 95% |
| Price per sq ft | $1.8K | $882 | 99% |
| Built year | 1976 | 1951 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 176 | 3% |
Pricing History
Listed for Sale
Jan 16, 2026
$4,995,000
Initial Listing
Sold
Jun 16, 2017
$2,900,000
Public Record
Sold
Dec 16, 1999
$790,000
Public Record
Sold
Aug 31, 1994
$518,000
Public Record