
Los Angeles, California 90046
This Renovated Spanish Bungalow is a Prime Investment Opportunity, listed at $999,000—positioned well below the $1,033,091 Fair Market Value by 3%. This valuation gap offers $34,091 in Instant Equity. Featuring a Condition Rating of 2, the home includes a modern stone-countertop kitchen, dark hardwood floors, and a private patio with City Lights views. Crucially, the WDC1A and R3C zoning allows for multi-family development up to 45 feet. This is an ideal acquisition for Owner-Occupants or Developers seeking long-term upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7865 Willoughby Avenue Subject | $949,000* List Price | 2 | 1 | 855 | $1,168 | - |
A 1240 N Spaulding Avenue Sold | $927,000 | 2 | 2 | 750 | $1,236 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1927, the property has undergone a high-end modern renovation within the last 5 years. The kitchen is fully updated with white stone countertops, shaker cabinetry, and stainless steel appliances. The interior features mint-condition dark hardwood floors, updated recessed lighting, and modern fixtures throughout, making it move-in ready with no immediate maintenance required.
Zoned WDC1A and R3C, the property offers rare investment upside with the potential to develop a multi-family residential building up to four stories or 45 feet in height.
Situated in the heart of West Hollywood, the home provides immediate access to world-class dining, shopping, and entertainment while maintaining a remarkably peaceful interior atmosphere.
This 1927 'Casa Rosa' bungalow perfectly balances historic Spanish charm—like arched doorways and tiled steps—with modern upgrades including a stone-countertop kitchen and a private upstairs primary suite.
With only 855 square feet of living area and a modest 1,450 square foot lot, the property may feel restrictive for buyers accustomed to larger residential footprints.
The two-bedroom layout is serviced by only one bathroom, which can be a significant functional drawback for co-habitants or those who frequently host guests.
"Casa Rosa," a charming California bungalow in the heart of West Hollywood, blends timeless character with modern refinement. A set of classic Spanish-tiled steps leads to the entry, where light-filled interiors immediately unfold with warmth and understated sophistication. Dark hardwood floors anchor the home throughout, while graceful arched doorways and an open-concept layout create an effortless flow between spaces. The living and dining areas connect seamlessly to a beautifully updated kitchen, appointed with stainless steel appliances and white stone countertops. Just beyond, doors open to a private side yard with a dedicated area for al fresco dining. The two-bedroom layout offers both comfort and privacy, featuring a guest bedroom on the main level and a primary suite set on its own upstairs retreat. The primary suite opens to a private, sun-drenched patio. A bathroom adorned with classic tilework pays homage to the home's Mediterranean influences. Additional highlights include a one-car garage and permitted street parking. Zoned WDC1A and R3C, the property allows for multi-family residential development, offering potential for up to a four-story, 45-foot building. Centrally located near West Hollywood's top dining, shopping, and entertainment, yet remarkably peaceful once inside, this home offers a rare blend of vibrancy and tranquility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 3.0 | 9% |
| Square foot | 855 | 2,245 | 6% |
| Lot Size | 1,450 | 7,029.5 | 3% |
| Price | $949.0K | $2.23M | 9% |
| Price per sq ft | $1.1K | $953 | 75% |
| Built year | 1927 | 1956 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 150 | 3% |
May 28, 2026
$949,000
$999,000
-5% Price Drop
Initial Listing
Apr 30, 2026
$999,000
Initial Listing
Aug 25, 2020
$680,000
Public Record
Dec 4, 2014
$689,000
Public Record
Aug 2, 2006
$590,000
Public Record
Apr 23, 2003
$425,000
Public Record