
Los Angeles, California 90036
This Renovated Spanish-Style Residence is a High-Potential Investment Opportunity, listed at $2,500,000—positioned slightly above the $2,400,977 Fair Market Value. While the list price commands a premium, the property features an Excellent Condition Rating following a high-end modern renovation. Situated on an expansive 8,325 sq ft lot in the heart of the Miracle Mile, this home offers a rare blend of historic character and contemporary luxury. With proximity to Top-Rated Schools like Third Street Elementary, this is an ideal acquisition for Luxury Homeowners or Discerning Professionals seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 840 S Dunsmuir Subject 4 bd · 3 ba · 1,850 sqft · $1,031 | $1,950,000* List Price | 4 | 3 | 1,850 | $1,031 | - |
A 947 S Cloverdale Avenue Sold 3 bd · 2 ba · 1,828 sqft · $1,149 · 0.1 mi | $2,100,000 | 3 | 2 | 1,828 | $1,149 | 0.1 mi |
B 837 S Spaulding Avenue Sold 3 bd · 2 ba · 1,991 sqft · $829 · 0.6 mi | $1,650,000 | 3 | 2 | 1,991 | $829 | 0.6 mi |
C 177 S Gardner Street Sold 3 bd · 4 ba · 1,761 sqft · $1,147 · 0.9 mi | $2,020,000 | 3 | 4 | 1,761 | $1,147 | 0.9 mi |
D 921 S Sierra Bonita Avenue Sold 3 bd · 4 ba · 2,289 sqft · $983 · 0.4 mi | $2,250,000 | 3 | 4 | 2,289 | $983 | 0.4 mi |
E 821 S Cloverdale Avenue Sold 4 bd · 3 ba · 2,344 sqft · $894 · 0.1 mi | $2,095,000 | 4 | 3 | 2,344 | $894 | 0.1 mi |
F 412 S Citrus Avenue Sold 3 bd · 4 ba · 1,977 sqft · $1,077 · 0.7 mi | $2,130,000 | 3 | 4 | 1,977 | $1,077 | 0.7 mi |
G 749 S Citrus Avenue Sold 3 bd · 3 ba · 2,412 sqft · $869 · 0.5 mi | $2,095,000 | 3 | 3 | 2,412 | $869 | 0.5 mi |
H 901 S Ogden Drive Sold 3 bd · 3 ba · 2,169 sqft · $830 · 0.7 mi | $1,800,000 | 3 | 3 | 2,169 | $830 | 0.7 mi |
I 827 Hauser Blvd Active 3 bd · 3 ba · 1,816 sqft · $1,018 · 0.2 mi | $1,849,000 List Price | 3 | 3 | 1,816 | $1,018 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1924, the property has undergone a high-end modern renovation. Visual evidence of the bathroom shows contemporary marble-style tiling, pebble flooring, and modern black fixtures consistent with a renovation completed within the last 5 years, meeting the criteria for excellent condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8325, living area = 1850.
Situated in the heart of the Miracle Mile near LACMA and Museum Row, the property offers an exceptional walk-to-everything lifestyle with immediate access to world-class dining and cultural landmarks.
The 8,325+ sq ft lot is significantly larger than typical parcels in this central urban area, providing rare outdoor space for California indoor-outdoor living and potential for future expansion.
At a list price of $2.5 million for 1,850 square feet, the property commands a premium valuation of over $1,350 per square foot, which may be a hurdle for value-conscious buyers.
Built in 1924, the home may require significant ongoing maintenance or costly upgrades to its aging systems to meet modern efficiency and structural standards.
Nestled on a picturesque, tree-lined street just blocks from the Miracle Mile and LACMA, this classic 1924 Spanish-style residence blends architectural warmth with sophisticated modern living. Offering 4 bedrooms and 2+ baths in a light-filled interior on an expansive 8,300+ sq ft lot, this property delivers indoor-outdoor California living rarely found in such a central location. It is located moments from the vibrant cultural corridor of Museum Row, the La Brea Tar Pits, the Academy Museum, and world-class dining along Wilshire and Olympic. Central to Beverly Hills, West Hollywood, and Downtown LA, it offers an exceptional walk-to-everything lifestyle.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,850 | 1,670.836 |
| Lot Size | 8,325 | 6,152.156 |
| Price | $1.95M | $1.34M |
| Price per sq ft | $1.1K | $807 |
| Built year | 1924 | 1941 |
| HOA | $0 | $238 |
| Days on market | 63 | 56 |
Oct 11, 2026
$1,950,000
$2,500,000
-22% Price Drop
Initial Listing
Sep 7, 2026
$2,500,000
Initial Listing