
Los Angeles, California 91307
This Panoramic View Value-Add Property is a Strong Value Opportunity, listed at $1,000,000—positioned well below the $1,088,682 Fair Market Value by 8%. This valuation gap provides $88,682 in Instant Equity for buyers prepared to modernize the Dated Condition Rating interior. Featuring an expansive 20,392 SQFT Lot and unobstructed Bell Canyon Views, the site offers massive potential for forced appreciation through renovation. It is a prime acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a high-upside home project in West Hills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7151 Scarborough Peak Drive Subject | $1,000,000* List Price | 4 | 3 | 1,686 | $646 | - |
A 7063 Middlesbury Ridge Circle Sold | $1,217,500 | 3 | 3 | 1,646 | $740 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this property is marketed as a 'home project' and sold 'as-is.' While the home appears well-maintained and livable, the kitchen and bathrooms are significantly outdated, featuring older cabinetry, tile countertops, and aged fixtures. The presence of carpet in the bathroom and a mix of older laminate and worn carpeting throughout indicates a need for comprehensive cosmetic and system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20392, living area = 1686.
The property boasts breathtaking, unobstructed views of Bell Canyon, the valley, and surrounding hills from the primary bedroom, kitchen, and living areas, significantly increasing its market appeal.
Sitting on a generous 20,392 square foot lot, this property offers rare privacy and substantial space for potential expansion, ADU construction, or custom outdoor landscaping.
The property is being sold in its current 'as-is' state, signaling that it requires significant renovation and immediate capital investment to bring it to modern standards.
Built in 1964 and marketed as a 'home project,' the residence likely features original systems and finishes that may necessitate comprehensive updates to plumbing, electrical, or HVAC.
VIEWS! VIEWS! VIEWS!Looking for an opportunity to invest in a great property with tremendous potential? Look no further. Located in the valley of West Hills, between Hidden Hills and Canoga Park. 7151 Scarborough Peak Drive features 4 bedrooms, 3 baths, 1,686 sq ft built in 1964. Centrally located in the San Fernando Valley, the property sits in a lovely family neighborhood close to a number of parks perfect for exploring! Less than a 10 minute drive from the 101 freeway and the Calabasas Commons. Only 20 minutes to the 118 freeway. Offering some of the best views of the beautiful Bell Canyon right outside your backyard. Views from all throughout the house, including the primary bedroom, kitchen, dining room and living room. This house is ready for the perfect buyer to begin their next home project. Property being sold AS IS.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 1,686 | 1,877.5 | 41% |
| Lot Size | 20,392 | 8,317.5 | 79% |
| Price | $1.00M | $1.07M | 41% |
| Price per sq ft | $593 | $567 | 58% |
| Built year | 1964 | 1961 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 168 | 3% |
Apr 7, 2026
$1,000,000
Initial Listing
Aug 31, 2020
$736,000
Public Record
May 30, 2013
$610,000
Public Record