3117 Amethyst, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 1 bath
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Los Angeles, California 90032
This property presents a High-Potential Investment Opportunity with a List Price of $445,000—positioned well below the $414,099 Fair Market Value by -7%. While the property is currently in a Condition Rating of 6 (gutted to the studs), the Iconic Panoramic Views and Prime Ridgeline Location provide a rare foundation for a custom build. This asset is best suited for Value-Add Investors or Custom Home Builders capable of managing a full-scale renovation on this unique hillside lot.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3117 Amethyst Subject | $445,000* List Price | 2 | 1 | 548 | $756 | - |
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.
Built in 1923 and currently fully gutted to the studs, the structure is unlivable with no functional kitchen, bathrooms, or systems. It is positioned as a blank canvas for a custom build, essentially offering land value with a shell.
The property boasts unobstructed, breathtaking views of Downtown Los Angeles, the Hollywood Sign, and Griffith Observatory, providing a premium aesthetic that significantly enhances resale value.
The existing structure has been fully gutted to the studs, offering a blank canvas that saves time and demolition costs for investors or buyers looking to build a custom hillside residence.
Situated on the coveted Rose Hill ridgeline in a rapidly developing community, this lot offers a rare opportunity to secure a high-demand position with unique natural topography.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The property was recently sold within the past year on 2026-03-13. The sold price is $400,000.00.
The property is currently a shell and requires a complete rebuild and significant capital investment before it can be occupied or generate rental income.
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 | 30% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 548 | 1,248 | 4% |
| Lot Size | 6,256 | 5,435 | 65% |
| Price | $445.0K | $867.5K | 7% |
| Price per sq ft | $812 | $687 | 80% |
| Built year | 1923 | 1940 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 135 | 1% |
May 22, 2026
$445,000
Initial Listing
Mar 13, 2026
$400,000
Public Record