651 N Kilkea Drive, Los Angeles, California 90048, Los Angeles, 90048 - 6 bed, 4 bath

651 N Kilkea Drive, Los Angeles, California 90048 home-pic-0
ACTIVE$3,498,888
651 N Kilkea Drive, Los Angeles, California 90048
6Beds
4Baths
3,923Sqft
6,553Lot
Year Built
1948
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
$892
HOA
-
Days on market
-
Sold On
-
MLS number
25514639
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s)
Deck
Pool
Spa
Patio
ViewCity Lights,Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 28% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.50M(73th), sqft - 3923(85th), beds - 6(94th), baths - 4(50th).

Looking for a home that helps you build wealth while you live your best life? This place is all about versatility with a capital "V." Once a duplex, now a stylish SFR, it's designed to function like two separate homes. With a solid Airbnb history, this beauty could be your ticket to financial freedom. The current owners live downstairs and offer the upstairs as a cozy Airbnb retreat. The second-floor features 4 bedrooms, 2 baths, a spacious living room, dining area, kitchen, and laundry. Downstairs, you'll find another living room, dining room, kitchen, 2 bedrooms, and a chic office space. Both floors have their own entrances, leading out to a lush backyard with a pool, spa, a covered outdoor lounge area, and a converted garage. It's the perfect mix of living and earning. Located in trendy West Hollywood, just moments from the Improv, Pali Hotel, Zinque, dog parks, and the WeHo Library this is a treasure waiting for you.

Nearby schools

4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,K-60.4mi
7/10
Hancock Park Elementary School
Public,K-51.0mi
9/10
West Hollywood Elementary School
Public,K-51.2mi
5/10
Carthay Center Elementary
Public,K-51.7mi
3/10
Laurel Elementary School
Public,K-80.5mi
8/10
Horace Mann Elementary School
Public,K-81.5mi
3/10
Hubert Howe Bancroft Middle School
Public,6-81.8mi
8/10
Beverly Vista Elementary School
Public,K-82.0mi
7/10
John Burroughs Middle School
Public,6-82.2mi
7/10
Fairfax Senior High School
Public,9-120.4mi
9/10
Beverly Hills High School
Public,9-122.9mi

Price History

Date
Event
Price
06/14/22
Sold
$3,035,000
08/31/11
Sold
$1,241,000
10/28/05
Sold
$1,295,000
Condition Rating
Excellent

Despite being built in 1948, the property has undergone a comprehensive and recent modern renovation. Both kitchens are fully updated with contemporary white flat-panel cabinetry, stainless steel appliances, and large islands. All bathrooms feature modern floating vanities, updated fixtures, and stylish tiling. The property boasts a mix of well-maintained hardwood flooring and modern carpeting, along with contemporary light fixtures throughout. The overall aesthetic is cohesive, fresh, and meets current quality standards, showing no signs of deferred maintenance. The exterior, including the pool, spa, and converted garage, also appears to be in excellent, updated condition, indicating an extensive renovation within the last 5-10 years.
Pros & Cons

Pros

Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Exceptional Income Potential: The property explicitly highlights a 'solid Airbnb history' and is designed to function as two separate homes with individual entrances, offering significant rental income opportunities.
Prime West Hollywood Location: Situated in a 'trendy West Hollywood' neighborhood, providing excellent access to popular entertainment, dining, and cultural amenities.
Resort-Style Outdoor Living: Features a 'lush backyard with a pool, spa, and a covered outdoor lounge area,' enhancing lifestyle and entertainment value.
Versatile Floor Plan: The layout, with separate living spaces, kitchens, and entrances on each floor, offers flexibility for multi-generational living, guest accommodations, or continued income generation.
Converted Garage: Provides additional functional space, which can be utilized as an office, studio, or potentially an Accessory Dwelling Unit (ADU), adding value and utility.

Cons

Significant Overpricing: The current list price is substantially higher (approximately 28% above) the estimated market value, indicating a potential pricing mismatch with comparable properties.
Older Property Age: Built in 1948, the property is considerably older than many recently sold comparables in the area, which could suggest potential for deferred maintenance or a need for modern updates to meet current luxury standards.
Regulatory Compliance Risk: Described as an SFR 'designed to function like two separate homes' with an Airbnb history, there's a potential risk regarding zoning compliance or short-term rental regulations, which could impact its income-generating potential.

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