
Los Angeles, California 90065
This Renovated Hillside Artist’s Retreat is a Strong Value Opportunity, listed at $949,000—positioned well below the $1,011,328 Fair Market Value by 6%. This valuation gap provides $62,328 in Instant Equity. Boasting a Condition Rating of 2, the home features a modernized galley kitchen, treetop views, and a flexible lower-level studio with a private entrance. The inclusion of a second APN offers rare expansion potential within the sought-after Mt. Washington Elementary boundary. This property is an ideal acquisition for Owner-Occupants or Creative Professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 337 Museum Drive Subject | $949,000* List Price | 3 | 2 | 1,437 | $704 | - |
A 4456 San Andreas Avenue Sold | $1,130,000 | 3 | 3 | 1,438 | $786 | 0.8 mi |
B 303 W Avenue 38 Sold | $760,000 | 3 | 3 | 1,046 | $727 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1922, the property has undergone an extensive and high-quality renovation within the last few years. The interior features modern recessed lighting, updated hardwood flooring, and contemporary black-framed windows. The kitchen is fully modernized with butcher block countertops, stylish cabinetry, and high-end stainless steel appliances. The overall aesthetic and condition of the systems and finishes meet current quality standards, making it a move-in-ready 'artist's retreat' with no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8984, living area = 1437.
The inclusion of a second APN provides a rare opportunity for expansion or development, while the lack of direct neighbors and flanking open lots offer exceptional privacy in a dense urban market.
The home features a flexible lower level with a private entrance, making it an ideal setup for a professional creative studio, guest suite, or dedicated home office.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8984, other record lot size in square feet = 4491. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1437, other record living area = 900. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
As a 1922 build, the property may require significant capital investment for updates to aging electrical, plumbing, or foundation systems typical of century-old hillside homes.
The property requires climbing stairs to reach the main living areas, which may limit appeal for buyers seeking single-level living or those with mobility concerns.
Tucked behind a canopy of trees and cascading bougainvillea, this is the home people describe when they talk about slowing down - a secluded refuge on Museum Drive where the hills begin and the city quietly disappears. Flanked by two open lots with no direct neighbors, the quiet here isn't incidental. It's built in. Climb the stairs into an artist's retreat. A light-filled living room where picture windows pull the treetops inside, warm hardwood floors underfoot, and the particular stillness of a home that invites you to actually be somewhere. The primary suite was made for morning rituals - en suite bath, direct deck access, the smell of coffee before the rest of the neighborhood stirs. Bare feet on wood. Journal open. Nowhere to be yet. The galley kitchen is as functional as it is charming - butcher block counters, generous cabinetry, and a deck just one step away that opens to a private garden. Herbs. Tomatoes. Whatever the season asks for. Downstairs, two additional bedrooms offer the kind of flexibility creative lives need. A dedicated guest room with its own private entrance, or a writing room, editing suite, creative studio - whatever work looks like for you. A bath and laundry area round out the floor. A second APN is included in the sale, bringing additional land and the rare gift of open possibility. Expand, landscape, build, or simply let it breathe. A dedicated deck already exists for long Sunday afternoons - good food, open sky, the kind of gathering where no one checks their phone. This is where you finally stop looking
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,437 | 1,660.5 | 35% |
| Lot Size | 8,984 | 5,796.5 | 83% |
| Price | $949.0K | $1.24M | 24% |
| Price per sq ft | $660 | $763 | 26% |
| Built year | 1922 | 1951 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 174 | 1% |
Apr 9, 2026
$949,000
Initial Listing
Nov 26, 1996
$92,000
Public Record
Aug 25, 1993
$96,000
Public Record