3653 Shannon, Los Angeles, California 90027, Los Angeles, 90027 - 4 bed, 5 bath
3653 Shannon
Los Angeles, California 90027
Property Price
SUMMARY
Analysis of 3653 Shannon, Los Angeles, California 90027 reveals a Prime Investment Opportunity with a current list price of $3,200,000—significantly undercutting the $3,514,627 Fair Market Value by 8%. This valuation gap indicates a +$314,627 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is a well-maintained 1933 Mediterranean estate with excellent structural updates, including a 2021 roof, recently installed HVAC, and paid solar systems. However, the interior condition is classified as fair because the primary renovations (indoor pool and spa-like bath) date back to 2002, making the kitchen and bathroom styles over 20 years old. While functional and move-in ready, the aesthetic and fixtures are outdated for the price point, and the listing description explicitly mentions the 'potential' to modernize, indicating a need for cosmetic rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Ivanhoe Elementary School (9/10).
- Premium Amenities & Infrastructure
The property boasts high-value upgrades including a private indoor pool, a steam shower, a roof replaced in 2021, and recently installed central HVAC, ensuring modern comfort within a classic frame.
- Energy Efficiency
Equipped with two fully paid solar systems, this home offers significant long-term utility savings and appeals to the environmentally conscious luxury buyer.
CONSRISKS & DEFICIENCIES
- Limited View Profile
For a hillside property at this price point, the 'peek-a-boo' view may be considered underwhelming compared to neighboring estates that offer panoramic city or canyon vistas.
- Cosmetic Renovation Needs
The description suggests the home is a 'foundation for your next chapter' with 'potential,' indicating that buyers will likely need to invest additional capital into cosmetic updates to modernize the 1930s interior.
About 3653 Shannon
Expansive Mediterranean retreat in the hills of Los Feliz. This property offers a blend of classic character with some modern updates, brimming with potential to make it your dream home. Imagine afternoons spent unwinding by your private indoor pool, and evenings relaxing in the spa-like bath complete with a steam shower—luxuries thoughtfully added in 2002. The home’s roof was replaced in 2021, and with central HVAC recently installed.. And let’s not forget the eco-friendly perks: two fully paid solar systems are ready and waiting for a buyer to explore their possibilities, offering an opportunity to blend sustainability with luxury. With its timeless design and room to make it uniquely yours, this Los Feliz gem isn’t just a house—it’s the foundation for your next chapter. Ready to take a closer look?
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1933
- Lot Size
- 8,590 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ivanhoe Elementary School
Grades K-5 • 0.8 mi
Franklin Avenue Elementary School
Grades K-6 • 1.1 mi
Los Feliz STEMM Magnet
Grades K-6 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 4.0 | 80% |
| Square foot | 5,243 | 2,536 | 93% |
| Lot Size | 8,590 | 7,423 | 64% |
| Price | $3.20M | $2.47M | 71% |
| Price per sq ft | $610 | $1.0K | 3% |
| Built year | 1933 | 1934 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 175 | 1% |
Pricing History
Listed for Sale
Feb 28, 2026
$3,200,000
Initial Listing