6295 Ivarene Avenue, Los Angeles, California 90068, Los Angeles, 90068 - 4 bed, 4 bath
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6295 Ivarene Avenue
Los Angeles, California 90068
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,062Sq Ft
6,635Lot Size
Property Price
LIST PRICE$1,449,000
EST. MARKET VALUE
$1,600,792
9% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,449,000—positioned well below the $1,600,793 Fair Market Value by 9%. This valuation gap offers $151,793 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a permitted 500 sq. ft. ADU and panoramic city light views. With high-end finishes and modern systems, this property is an ideal acquisition for Owner-Occupants seeking a luxury lifestyle or Buy-and-Hold Investors targeting high-yield rental income.
Estimated Market Value
$1,600,792+$151,792 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6295 Ivarene Avenue Subject | $1,449,000* List Price | 4 | 4 | 2,062 | $776 | - |
A 5944 Manola Way Sold | $1,600,000 | 3 | 3 | 1,929 | $829 | 0.5 mi |
B 3111 Belden Drive Sold | $1,842,500 | 3 | 2 | 2,275 | $810 | 1.0 mi |
C 2775 Wright Lane Sold | $1,245,000 | 3 | 4 | 1,859 | $670 | 1.0 mi |
D 2573 Glen Green Street Sold | $1,149,000 | 3 | 2 | 1,870 | $614 | 0.6 mi |
E 6937 Camrose Drive Sold | $1,735,000 | 3 | 3 | 2,310 | $751 | 0.9 mi |
F 6738 W Gill Way Sold | $1,125,000 | 3 | 4 | 1,859 | $605 | 1.0 mi |
G 6626 Cahuenga Terrace Sold | $1,725,000 | 3 | 2 | 2,140 | $806 | 0.4 mi |
H 2037 Holly Hill Active | $1,649,000 List Price | 3 | 2 | 2,128 | $775 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1947, the property has undergone a meticulous contemporary remodel within the last 5 years. It features a gourmet kitchen with Caesarstone countertops, high-end designer cabinetry, and premium stainless steel appliances. The bathrooms are fully updated with modern finishes, and the home boasts newer HVAC and plumbing systems, making it a turn-key, mint-condition residence.
PROSSTRENGTHS & OPPORTUNITIES
- Permitted Accessory Dwelling Unit (ADU)
The property features a fully permitted, 500-square-foot detached ADU with a private deck, providing exceptional versatility for high-yield rental income, a guest suite, or a professional creative studio.
- Turnkey Modern Renovations
Meticulously remodeled with contemporary sophistication, the home offers an open-concept layout, gourmet kitchen with Caesarstone countertops, and updated essential systems including newer HVAC and plumbing.
- Prime Location and Views
Nestled in the historic Hollywood Dell, the residence boasts floor-to-ceiling glass sliders that frame unobstructed, breathtaking views of the Los Angeles city lights and rolling hills.
CONSRISKS & DEFICIENCIES
- Compact Interior Square Footage
With a total of 2,062 square feet split between the main house and the ADU, the individual living spaces and four bedrooms may feel relatively small for the $1.449M price point.
- Inconsistent School Ratings
While the local elementary schools are highly rated, the assigned middle schools in the area have significantly lower performance scores, which may impact appeal for growing families.
About 6295 Ivarene Avenue
Nestled in the heart of the historic Hollywood Dell, this gem offers a rare blend of modern sophistication and tranquil canyon living. This meticulously remodeled contemporary residence features an open concept floor plan defined by soaring ceilings and rich hardwood floors. Floor to ceiling glass sliders in the main living area frame breathtaking, unobstructed views of the Los Angeles city lights and rolling hills. The gourmet kitchen serves as the centerpiece of the home, boasting sleek Caesarstone countertops, designer cabinetry, and premium stainless steel appliances.The main residence includes three spacious bedrooms and two and a half bathrooms, all updated with high end finishes and modern systems. Adding incredible value to this property is a fully permitted, 500 square foot detached Accessory Dwelling Unit. Complete with its own bedroom, bathroom, and private viewing deck, this versatile space is perfect for a creative studio, guest house, or high yield rental opportunity. Experience the ultimate California lifestyle with multiple outdoor entertaining decks and the convenience of an attached garage. Located just minutes from the Hollywood Bowl and Griffith Park hiking trails, this home provides a secluded sanctuary without sacrificing proximity to the best dining and entertainment in the city. With newer HVAC, updated plumbing, and turn key interiors, this Hollywood Hills gem is ready for its next chapter.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 6,635 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Cheremoya Avenue Elementary School
Grades K-6 • 0.5 mi
6/10
Selma Avenue Elementary School
Grades K-6 • 0.9 mi
4/10
Grant Elementary School
Grades K-6 • 1.1 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,062 | 1,664.159 |
| Lot Size | 6,635 | 6,066.556 |
| Price | $1.45M | $1.35M |
| Price per sq ft | $703 | $806 |
| Built year | 1947 | 1939 |
| HOA | $0 | $278 |
| Days on market | 16 | 55 |
Pricing History
Listed for Sale
Aug 24, 2026
$1,449,000
Initial Listing
Sold
Aug 3, 2016
$810,000
Public Record