
Los Angeles, California 90065
This Luxury Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,699,000—positioned slightly above the $1,693,823 Fair Market Value. Built in 2006, this home maintains a Condition Rating of 3, featuring a Chef's Kitchen, Paid-Off Solar, and a Soundproof Studio. The expansive 20,967sqft LARE9 Zoned Lot offers significant development potential for an ADU or custom outdoor living space. With its modern infrastructure and panoramic city and mountain views, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Property is move-in ready.
Built in 2006, this 20-year-old custom home is well-maintained and move-in ready. It features updated wide-plank flooring, a functional chef's kitchen with granite countertops, and modern upgrades including paid-off solar and recessed lighting.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20967, living area = 3554.
The oversized 20,967 sqft lot zoned LARE9 provides a rare opportunity in Glassell Park to construct an additional home, add an ADU, or create a tiered luxury outdoor living space.
Built in 2006, this 3,554 sqft custom home offers a contemporary open floor plan, high ceilings, and a soundproof studio, providing a level of scale and modern infrastructure often missing in older neighborhood homes.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3554, other record living area = 2920.
With a previous sale price of $1.305M in early 2023, the current list price of $1.699M represents a sharp increase that may be scrutinized by buyers unless significant unlisted upgrades were performed.
While the lot is large, the hillside nature of the area suggests that realizing the 'potential' for a pool or outdoor living space may require substantial additional investment in grading and retaining walls.
Located In Glassell Park * A Luxury Single Family * Fully Custom Built Home With Attention To Detail & Quality * 5 Bedrooms / 5 Bathrooms * 3,554sqft Of Living Space * 20,967sqft Lot * Mountain And City Views * Open Floor Plan * Formal Living & Dining Room With Very High Ceilings * Separate Family Room * Large Open Chefs Kitchen With A Center Island * Soundproof Studio * Lot Is Zoned LARE9 * Excellent Development Opportunity To Another Home Or Add An ADU * You Can Even Add An Outdoor Living Space With A Custom Pool & Spa * 2 Car Attached Garage * Lots Of Parking Spaces * Paid Off Solar * This Home & Lot Have So Much Potential, You Do Not Want To Miss Out
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,554 | 1,670.836 |
| Lot Size | 20,967 | 6,152.156 |
| Price | $1.70M | $1.34M |
| Price per sq ft | $478 | $807 |
| Built year | 2006 | 1941 |
| HOA | $0 | $238 |
| Days on market | 28 | 56 |
Oct 12, 2026
$1,699,000
Initial Listing
Feb 10, 2023
$1,305,000
Public Record