
Los Angeles, California 90046
This iconic mid-century residence presents a High-Potential Investment Opportunity with a List Price of $2,795,000—positioned well below the $2,882,113 Fair Market Value by 3%. This valuation gap offers $87,113 in Instant Equity. Featuring a Condition Rating of 4, the property requires modernization but offers immense upside through its 16,155 sqft lot, pool, and canyon views. Located near top-rated schools like West Hollywood Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime Nichols Canyon restoration project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2817 Nichols Canyon Place Subject | $2,795,000* List Price | 4 | 4 | 2,894 | $996 | - |
A 2745 La Cuesta Drive Sold | $3,100,000 | 3 | 4 | 3,137 | $988 | 0.2 mi |
B 2310 Apollo Drive Sold | $2,750,000 | 4 | 4 | 2,854 | $964 | 0.6 mi |
C 7837 Woodrow Wilson Drive Sold | $2,505,000 | 3 | 4 | 2,294 | $1,092 | 0.4 mi |
D 2716 Nichols Canyon Road Sold | $2,025,000 | 4 | 2 | 2,964 | $683 | 0.2 mi |
E 7815 Mulholland Drive Active | $2,495,000 List Price | 4 | 3 | 2,403 | $1,038 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959 and described as 'preserved' with 'original finishes' and 'authentic architectural character,' the property is over 60 years old and significantly dated. While the listing notes it is 'thoughtfully maintained,' the suggestion to 'restore, refresh, or reimagine' indicates that the kitchen, four bathrooms, and likely the systems (HVAC/Electric) are aged and require updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16155, living area = 2894.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Built in 1959, this residence retains its authentic architectural integrity with original wood finishes, a dramatic rock-clad fireplace, and signature walls of glass that embody the classic Hollywood Hills aesthetic.
The property is marketed as an opportunity to 'restore, refresh, or reimagine,' implying that significant capital investment may be required to modernize the finishes and systems to current luxury standards.
As a 'preserved' 1959 home, the property likely features original systems and insulation that may not meet modern energy efficiency standards, potentially leading to higher maintenance and utility costs.
ICONIC MID-CENTURY HAVEN WITH HOLLYWOOD PEDIGREE. Tucked away on a highly coveted cul-de-sac in Nichols Canyon, just below Woodrow Wilson's renowned celebrity row, this private, walled and gated mid-century residence embodies the essence of iconic Hollywood Hills living. Lovingly preserved and thoughtfully maintained, the home retains its authentic architectural character while offering an exceptional opportunity to restore, refresh, reimagine, or expand. Spanning approximately 2,900 (approx.) square feet, the single-story residence features four bedrooms and four full and spacious bathrooms arranged around a highly functional floor plan designed for effortless indoor-outdoor living. Expansive walls of glass flood the interiors with natural light, seamlessly connecting the living spaces to the surrounding 16,200 (approx.) of gardens, pool, and canyon views. The spacious living room is anchored by a dramatic original rock-clad wood-burning fireplace, while a separate dining room with custom built-in cabinetry provides an elegant setting for entertaining. The generous kitchen includes a breakfast area, direct access to the attached three-car garage, and convenient access to the outdoor recreation areas. Two private primary suites occupy opposite ends of the home's U-shaped layout, each overlooking the pool and canyon beyond. Both feature spacious bathrooms with double vanities, separate tubs and showers, and abundant closet space, while one suite is further enhanced by its own original wood-burning fireplace. Two additional bedrooms, each with an en-suite bathroom, provide ideal accommodations for family, guests, or a dedicated home office. Original wood finishes remain beautifully intact, while stone flooring flows seamlessly from the interiors to the outdoor entertaining spaces, reinforcing the home's timeless mid-century design.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades K-5 • 1.2 mi
Grades K-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,894 | 1,672 |
| Lot Size | 16,155 | 6,067 |
| Price | $2.79M | $1.37M |
| Price per sq ft | $966 | $801 |
| Built year | 1959 | 1939 |
| HOA | $0 | $348 |
| Days on market | 2 | 56 |
Jul 23, 2026
$2,795,000
Initial Listing