7191 Woodrow Wilson Drive, Los Angeles, California 90068, Los Angeles, 90068 - 2 bed, 2 bath
ACTIVE$1,795,000
7191 Woodrow Wilson Drive, Los Angeles, California 90068
2Beds
2Baths
1,159Sqft
20,373Lot
Year Built
1950
Close
-
List price
$1.79M
Original List price
$999K
Price/Sqft
$1,549
HOA
-
Days on market
-
Sold On
-
MLS number
25554577
Home ConditionPoor
Features
Excellent View: City Lights
Patio
ViewCity Lights
About this home
Possibly Over-Priced:The estimated price is 10% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.79M(48th), sqft - 1159(7th), beds - 2(21th), baths - 2(38th).
Fabulous Mini Compound with unbelievable 160 Degree Million Dollar City light views - Two homes on one lot - Potential for a third. Main house - 2 bedrooms - Den - Permitted guest house studio with kitchenette over two car garage. Long private driveway on almost half acre lot. Celebrity Street - Perfect Hollywood hills hideaway. Privacy and serene. Unique property in sought after location. Developers Dream Estate. - Amazing Potential - Million dollar views consist of Universal city universal studio and , Hollywood sign.
Nearby schools
8/10
Valley View Elementary School
Public,•K-6•0.3mi
7/10
Gardner Street Elementary School
Public,•K-6•1.8mi
7/10
Rio Vista Elementary School
Public,•K-5•1.8mi
4/10
Selma Avenue Elementary School
Public,•K-6•2.0mi
6/10
Cheremoya Avenue Elementary School
Public,•K-6•2.2mi
8/10
R. L. Stevenson Elementary School
Public,•K-5•2.4mi
4/10
Grant Elementary School
Public,•K-6•2.7mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•3.6mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•2.7mi
3/10
Joseph Le Conte Middle School
Public,•6-8•2.8mi
6/10
Walter Reed Middle School
Public,•6-8•2.8mi
5/10
David Starr Jordan Middle School
Public,•6-8•3.3mi
6/10
Thomas Starr King Middle School
Public,•6-8•4.4mi
6/10
Hollywood Senior High School
Public,•9-12•2.0mi
7/10
Fairfax Senior High School
Public,•9-12•3.0mi
7/10
Burroughs High School
Public,•9-12•3.4mi
8/10
North Hollywood Senior High School
Public,•9-12•3.6mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•3.6mi
8/10
John Marshall Senior High School
Public,•9-12•4.3mi
Price History
Date
Event
Price
09/02/11
Sold
$665,006
Condition Rating
Poor
Built in 1950, this property is over 70 years old, and the listing description, along with the absence of interior photos, strongly suggests a need for substantial renovation. The property is marketed as a 'Developers Dream Estate' with 'Amazing Potential,' indicating that the value lies primarily in the land and views, not the existing structures. The property analysis explicitly notes the 'Age of Property' as a weakness, stating it 'may require substantial updates to its infrastructure, systems, and aesthetics.' Without any evidence of recent renovations, it's highly probable that the kitchen, bathrooms, and other interior components are significantly outdated and require extensive rehabilitation to meet current standards.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20373, living area = 1159.
Exceptional Views: The property boasts 'unbelievable 160 Degree Million Dollar City light views,' including Universal City, Universal Studios, and the iconic Hollywood Sign, offering a premium aesthetic and significant value.
Multi-Unit Configuration & Flexibility: Described as a 'Fabulous Mini Compound' with 'Two homes on one lot' and 'Potential for a third,' including a permitted guest house studio, providing versatile living arrangements or potential rental income.
Generous Lot Size & Privacy: Situated on an 'almost half acre lot' (20,373 sqft) with a 'Long private driveway,' ensuring exclusivity, ample outdoor space, and a 'serene' environment.
Prime & Exclusive Location: Located on a 'Celebrity Street' in the 'Hollywood hills,' this 'sought after location' offers a 'Perfect Hollywood hills hideaway' with high desirability and prestige.
Significant Development Potential: Marketed as a 'Developers Dream Estate' with 'Amazing Potential,' indicating opportunities for expansion, renovation, or complete redevelopment to maximize its value.
Cons
Age of Property: Built in 1950, the property may require substantial updates to its infrastructure, systems, and aesthetics to meet contemporary luxury standards, potentially incurring significant renovation costs.
Limited Main House Square Footage: The main house offers only 1159 sqft of living space (2 beds, 2 baths), which is relatively small for a property of this lot size and price point in a luxury Hollywood Hills location, potentially limiting appeal to buyers seeking larger residences.
Significant Price Appreciation Without Explicit Renovation Details: The current list price of $1.795M is a substantial increase from the original list price of $999,000. Without explicit mention of recent major renovations or upgrades in the description, this appreciation might be perceived as speculative, based primarily on potential, which could lead to buyer scrutiny or extended market time.