
Los Angeles, California 90068
This Dual-Residence Hillside Estate is a Prime Investment Opportunity, listed at $1,995,000—positioned well below the $2,096,464 Fair Market Value by 4%. This valuation gap offers $101,464 in Instant Equity. Boasting an Excellent Condition Rating, the property features a remodeled main home with Thermador appliances, a private pool, and a permitted 2023 ADU. Located in the Los Angeles Unified district with panoramic canyon views, this turnkey asset provides significant rental upside. It is an ideal match for Owner-Occupants or Short-Term Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7796 Skyhill Drive Subject | $1,849,000* List Price | 5 | 4 | 3,315 | $602 | - |
A 2965 Passmore Drive Sold | $2,100,000 | 4 | 4 | 3,540 | $593 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property qualifies as excellent due to a combination of a brand-new ADU completed in 2023 and an extensively remodeled main residence. The interior features high-end Thermador appliances, modern cabinetry, updated stone-clad fireplaces, and contemporary bathroom finishes with glass-enclosed showers. Major systems including the roof and HVAC have been recently updated, and the overall aesthetic meets current luxury standards with no visible deferred maintenance.
The property features a main home and a newly permitted 2023 ADU with separate meters, providing exceptional versatility for rental income, Airbnb hosting, or multi-generational living.
The main residence is extensively remodeled with high-end Thermador appliances, new HVAC, and an updated roof, complemented by a private swimming pool and built-in BBQ area.
Situated at the end of a quiet cul-de-sac in the Hollywood Hills, the home offers privacy and panoramic hillside, canyon, and city light views.
With two large structures and a swimming pool occupying a 6,197 sqft lot, there is limited traditional green space or yard area for pets and children.
While street parking is available, hillside cul-de-sacs often present logistical challenges for guest parking and multi-vehicle households across two separate units.
Families, Investors, 1031 exchange buyers, families needing an in-law suite, and Airbnb investors—this may be the perfect property for you. This beautifully remodeled mid-century home offers two residences for the price of one, with flexibility, privacy, and strong income potential. Main Unit – 7796 Skyhill: This remodeled main residence offers approximately 2,100 sq. ft. with 3 bedrooms and 2 baths. Designed for both comfort and entertaining, it features a fantastic view, a full-size swimming pool, new A/C, new dishwasher, new BBQ, and an updated roof. The spacious kitchen includes two separate entrances, an eat-in area, high-end Thermador appliances, granite countertops and abundant cabinetry. The living room opens directly to the outdoor entertaining areas, including the pool, built-in grill, and charming gazebo dining area. ADU / Second Unit – 7794 Skyhill: Completed in 2023, this newly built and permitted ADU offers approximately 1,215 sq. ft. on two levels, with 2 bedrooms and 2 baths and a separate meter. The space includes new electrical, a kitchen, living area, and a Juliette balcony with a view, creating an ideal setup for guests, extended family, or rental income. This South East-facing property is filled with natural light and tucked away at the end of a quiet cul-de-sac, offering privacy along with hillside, canyon, and city light views. Plenty of street parking adds even more convenience. A rare opportunity for owner-users, multigenerational living, or short-term rental investors seeking exceptional versatility and value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 85% |
| Baths | 4.0 | 3.0 | 56% |
| Square foot | 3,315 | 2,402.5 | 75% |
| Lot Size | 6,197 | 7,142 | 35% |
| Price | $1.85M | $1.97M | 44% |
| Price per sq ft | $558 | $887 | 10% |
| Built year | 1960 | 1949 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 196 | 1% |
Apr 9, 2026
$1,849,000
$1,995,000
-7% Price Drop
Initial Listing
Mar 20, 2026
$1,995,000
Initial Listing
Jan 31, 2001
$565,000
Public Record