3117 Amethyst, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 1 bath
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Los Angeles, California 90032
This Prime Ridgeline Development Site is listed at $450,000, positioned near its $415,678 Fair Market Value. Featuring a Condition Rating of 6, the property is a complete shell gutted to the studs, providing a blank canvas for a custom build. The primary value lies in the 6,256 sqft lot and its Iconic Panoramic Views of Downtown Los Angeles and the Hollywood Sign. Located in the high-demand Rose Hill area, this Value-Add Asset offers significant ROI potential through new construction. It is perfectly suited for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3117 Amethyst Subject | $450,000* List Price | 2 | 1 | 548 | $759 | - |
A 3117 Amethyst Street Sold | $400,000 | 2 | 1 | 548 | $730 | 0.0 mi |
B 2602 Onyx Drive Active | $510,000 List Price | 2 | 1 | 682 | $748 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is a 1923 structure that has been completely gutted to the studs, leaving it entirely unlivable. There are no functional kitchen, bathrooms, flooring, or internal systems. The listing is marketed as a blank canvas for a custom build, with the primary value residing in the land and panoramic views.
The property boasts rare, unobstructed views of Downtown Los Angeles, the Hollywood Sign, and Griffith Observatory from its prime ridgeline position.
With the existing structure already gutted to the studs, the property offers a significant head start for investors or owners looking to build a custom, multi-level residence.
Situated in the rapidly appreciating Rose Hill area of El Sereno, this hillside lot offers a unique opportunity to create a high-value asset in a growing community.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 548, other record living area = 1000.
The property was recently sold within the past year on 2026-03-13. The sold price is $400,000.00.
As a shell gutted to the studs, the property requires a complete build-out and significant capital investment to become habitable.
3117 Amethyst St, Los Angeles, CA 90032 An increasingly rare opportunity to build your vision on the coveted ridgeline of Rose Hill in El Sereno. This exceptional property offers breathtaking panoramic views that stretch from Downtown Los Angeles to the iconic Hollywood Sign and Griffith Observatory—visible right from your future bedroom window. The existing structure has been fully gutted to the studs, providing a blank canvas and head start for your custom build. Design a multi-level residence that takes full advantage of the natural topography, with expansive decks and balconies capturing unobstructed skyline views from every level. Enjoy evening breezes rising from the surrounding valleys and take in seasonal fireworks from Dodger Stadium—all from the comfort of your own home. Located in a rapidly developing hillside community, this is a compelling opportunity for both investors and end users looking to create a one-of-a-kind residence in a high-demand area. Property is on septic with access to city utilities. Opportunities like this are few and far between—secure your place on the ridge and bring your dream project to life.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 548 | 1,223 | 4% |
| Lot Size | 6,256 | 5,427.5 | 65% |
| Price | $450.0K | $862.5K | 6% |
| Price per sq ft | $821 | $698 | 80% |
| Built year | 1923 | 1942 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 177 | 1% |
Apr 17, 2026
$450,000
Initial Listing
Mar 13, 2026
$400,000
Public Record