
Los Angeles, California 90036
This Turnkey Spanish Residence represents a High-Potential Investment Opportunity, listed at $2,995,000—positioned above the $2,754,028 Fair Market Value. Despite the premium, the property features a Condition Rating of 2, showcasing a high-end renovation with modern integrated appliances and a luxurious primary suite. The inclusion of a 500 sq.ft. Detached Guest House and a Rooftop Deck provides significant utility for multi-generational living or creative workspace. Located in the evolving Miracle Mile, this home is an ideal acquisition for Owner-Occupants or Sophisticated Investors seeking a premium, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 808 S Cloverdale Avenue Subject | $2,995,000* List Price | 4 | 4 | 3,015 | $913 | - |
A 323 S Orange Drive Sold | $2,800,000 | 4 | 5 | 3,267 | $857 | 0.6 mi |
B 846 S Cloverdale Sold | $2,098,000 | 3 | 4 | 2,620 | $801 | 0.1 mi |
C 120 S Fuller Avenue Sold | $2,337,500 | 5 | 3 | 2,802 | $834 | 0.9 mi |
D 910 Masselin Avenue Sold | $2,625,000 | 4 | 3 | 2,645 | $992 | 0.4 mi |
E 902 S Citrus Avenue Sold | $3,100,000 | 4 | 4 | 3,008 | $1,031 | 0.4 mi |
F 358 S Sycamore Avenue Sold | $2,480,000 | 4 | 3 | 2,503 | $991 | 0.5 mi |
G 108 S Formosa Avenue Active Under Contract | $2,995,000 List Price | 4 | 4 | 3,256 | $920 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1928 build date, the property has undergone a high-end modern renovation within the last 5 years. The kitchen features contemporary integrated appliances and custom cabinetry, while the interior shows updated electrical (recessed lighting/speakers), newer windows, and a luxurious primary suite in mint condition.
Situated in the heart of Miracle Mile, the property offers unparalleled access to world-class museums and the upcoming Metro D Line extension, positioning it in one of LA's most high-growth cultural corridors.
The inclusion of a 500 sq.ft. detached guest house with its own kitchen and bath provides significant value for multi-generational living, a high-end home office, or potential rental income.
This 1928 Spanish residence features timeless design elements such as a dramatic vaulted-ceiling living room and a charming courtyard, blending historic elegance with modern updates like a primary suite rooftop deck.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3015, other record living area = 2885.
The property is zoned for Wilshire Crest Elementary, which has a low rating of 2/10, potentially requiring families to consider private school alternatives or permit transfers.
Despite the presence of a rooftop deck and neighborhood vistas, the official listing indicates no significant views, which may be a drawback for buyers seeking iconic Los Angeles landscapes at this price point.
Character Spanish in the heart of Miracle Mile, one of Los Angeles' most dynamic neighborhoods, currently experiencing a remarkable renaissance fueled by world-class cultural institutions, transformative development, and the arrival of the new Metro D Line subway extension connecting Downtown and the Westside. Moments from Los Angeles County Museum of Art, Petersen Automotive Museum, and Academy Museum of Motion Pictures as well as trendy restaurants, bars, shopping and markets, this storied stretch of Wilshire Boulevard is being reimagined as one of the city's premier cultural corridors. Behind a charming courtyard entry, this elegant Spanish residence blends timeless architectural character with modern comfort. A dramatic vaulted-ceiling living room, gracious formal dining room, and updated cook's kitchen with breakfast room open to the outdoors, creating an ideal flow for everyday living and entertaining. The flexible floor plan includes a downstairs bedroom and bath, plus a den (could be a 5th bedroom) and powder room. Upstairs, the spacious primary suite features two walk-in closets, a luxurious bath, private balcony, and access to a rooftop deck with neighborhood vistas. Lush private gardens surround a large entertaining deck and detached guest house (approximately an additional 500 sq.ft.) complete with kitchen and bath ideal for guests, creative space, or work-from-home living. A rare opportunity to own a classic Spanish home in the center of a rapidly evolving and increasingly connected Miracle Mile neighborhood.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 66% |
| Square foot | 3,015 | 2,431 | 74% |
| Lot Size | 6,690 | 6,752 | 43% |
| Price | $3.00M | $2.10M | 81% |
| Price per sq ft | $993 | $932 | 66% |
| Built year | 1928 | 1926 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 144 | 2% |
May 25, 2026
$2,995,000
Initial Listing
Feb 2, 2010
$1,286,000
Public Record
Sep 23, 2005
$1,595,000
Public Record