
Los Angeles, California 90068
This property presents a High-Potential Investment Opportunity with a List Price of $675,000—positioned well above the $569,763 Fair Market Value by -18%. Given the Condition Rating of 5 and the requirement for a cash-only, sight-unseen auction purchase, this asset is strictly for experienced professionals. The unit features a 1,348 sqft layout with pool, spa, and hiking trail access. This is a complex acquisition ideal for Buy-and-Hold Investors or Fix-and-Flip Investors capable of managing significant deferred maintenance and occupancy risks.
Property is extensive renovation needed.
Built in 1981 (43 years old) and sold sight-unseen via auction, this property likely requires a full rehab. The 'as-is' and 'cash only' terms, combined with the lack of interior access and the age of the structure, suggest significant deferred maintenance and outdated systems/interiors.
Ideally situated near Toluca Lake and Studio City, this property offers a rare lifestyle perk with an exclusive resident-only gate providing direct access to scenic hiking trails.
The beautifully landscaped grounds feature a pool, spa, and BBQ area, while the HOA provides high value by covering earthquake insurance and major utilities like water and trash.
With approximately 1,348 square feet of living space, this 2-bedroom, 2-bathroom unit offers a generous footprint compared to many standard condominiums in the Hollywood Hills East area.
The property is sold occupied, sight-unseen, and cash-only with no interior access allowed, posing significant risks regarding the unit's condition and the legal complexities of future vacancy.
In addition to a 5% buyer's premium, the property carries high monthly carrying costs including a $707 HOA fee and a $97 special assessment, which may impact long-term ROI.
This property is now under auction terms. All Bids must be submitted during the auction via the property's listing page. This 2-bedroom, 2-bathroom condominium offers approximately 1,348 square feet of living space. Nestled within a beautifully landscaped community, residents enjoy lush grounds with private walking paths, a sparkling swimming pool, relaxing spa, and BBQ areacreating the perfect setting for both everyday living and entertaining. HOA dues provide exceptional value by covering earthquake insurance, water, sewer, and trash. Nature enthusiasts will appreciate the exclusive back gate for residents only that offers direct access to scenic hiking trails, blending convenience with an active outdoor lifestyle. Ideally situated near the vibrant shopping, dining, and entertainment destinations of Toluca Lake and Studio City, this unit also offers easy access to some of Los Angeles' most sought-after attractions just moments away. Combining desirable community amenities, and an outstanding location, this condominium presents a wonderful opportunity to enjoy the best of Southern California living. Occupied/property will not be delivered vacant. Cash only. Sold as-is, occupied, sight-unseen and with no interior access/inspections not available. Contact with occupants is prohibited. Do Not Disturb. A Buyer's Premium of 5% will be added to all winning bid amounts to determine the Total Purchase Price. See auction website for more information. All bids will be subject to seller approval (minimums may apply). HOA fee is $707.21/month plus a $97/month special assessment.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-5 • 1.6 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,348 | 1,243 |
| Lot Size | 108,168 | 24,016 |
| Price | $675.0K | $805.6K |
| Price per sq ft | $501 | $659 |
| Built year | 1981 | 1981 |
| HOA | $707.21 | $684 |
| Days on market | 7 | 71 |
Jul 15, 2026
$675,000
Initial Listing
Apr 2, 2001
$240,000
Public Record
Nov 10, 1997
$140,000
Public Record