
Los Angeles, California 90065
This Spacious Hillside Residence is a Strong Value Opportunity, listed at $1,349,000—positioned well below the $1,423,474 Fair Market Value by 5%. This valuation gap offers $74,474 in Instant Equity. With a Fair Condition Rating, the home features a Granite Kitchen and a Converted Basement Rental generating $2,000/month. Boasting Panoramic Skyline Views and a Solar System, this property balances lifestyle with income potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3863 Cazador Subject | $1,349,000* List Price | 3 | 4 | 2,157 | $660 | - |
A 3168 Future Street Sold | $1,167,000 | 3 | 3 | 1,616 | $722 | 0.8 mi |
B 3543 Lavell Drive Active | $1,350,000 List Price | 3 | 3 | 2,044 | $660 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991 (33 years old), the property falls into the Fair category as it is over 20 years old with dated features. While the kitchen has been partially updated with granite countertops and stainless steel appliances, the oak cabinetry and bathroom tile work are characteristic of the original construction era or older renovations (>15 years). The listing itself notes 'potential for personal touches,' indicating a need for cosmetic modernization despite being well-maintained with a newer solar system.
The property features expansive dual-level balconies offering breathtaking, unobstructed views of the Downtown Los Angeles skyline, canyons, and sunsets.
A converted basement with a separate entrance currently generates $2,000 per month in rental income, providing a significant financial offset for the homeowner.
The functional floor plan includes three spacious upstairs bedrooms, each uniquely equipped with its own private en-suite bathroom for maximum privacy.
The home is noted for having 'great bones' but requires personal touches and modernization to update its 1990s-era aesthetic to contemporary standards.
Due to its hillside location, the property lacks a traditional flat backyard, which may be a disadvantage for buyers seeking usable outdoor ground space.
Experience breathtaking skyline and Downtown Los Angeles views from this spacious hillside home in the desirable Mount Washington/Eagle Rock area. The main residence features 3 bedrooms and 4 bathrooms, a large kitchen with breakfast nook, and generous living, dining, and family room areas. Expansive sliding glass doors open to a full-length rear balcony, creating a seamless indoor-outdoor living experience with incredible sunset and city views. Upstairs are three generously sized bedrooms, each with its own private bathroom, plus a versatile bonus area. Two bedrooms feature sliding glass doors opening to a second full-length balcony with beautiful skyline and Downtown LA views. Built in 1991, this home offers great bones, a spacious floor plan, and plenty of potential for buyers looking to add their own personal touches. The basement has been converted into a separate rental space with its own entrance and is currently generating $2,000 per month in rental income. The property also features a solar system that will be paid in full by the seller at close of escrow. A unique opportunity combining spacious hillside living, spectacular views, existing rental income, and solar, all just minutes from Downtown Los Angeles
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,157 | 1,664.159 |
| Lot Size | 4,975 | 6,066.556 |
| Price | $1.35M | $1.35M |
| Price per sq ft | $625 | $806 |
| Built year | 1991 | 1939 |
| HOA | $0 | $278 |
| Days on market | 6 | 55 |
Sep 3, 2026
$1,349,000
Initial Listing
Feb 3, 1999
$360,000
Public Record
Sep 25, 1996
$300,000
Public Record