
Los Angeles, California 90046
This Modernized 1924 Cape Cod Classic is listed at $995,000—positioned well below the $1,013,244 Fair Market Value by 2%. This valuation provides $18,244 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating following a comprehensive 2016 reimagining, the home features vaulted ceilings, skylights, and peaceful canyon views. Located in the prestigious Wonderland Avenue Elementary district (9/10), the property includes approved plans for a 300 sq. ft. studio expansion. This is a premier choice for lifestyle-driven professionals or Owner-Occupants seeking a turnkey retreat with significant value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8443 Ridpath Drive Subject | $995,000* List Price | 1 | 1 | 712 | $1,423 | - |
A 8535 Walnut Drive Active | $850,000 List Price | 1 | 1 | 620 | $1,371 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was fully reimagined in 2016, making the renovation 10 years old relative to the 2026 listing date. It features modern systems including central HVAC and a tankless water heater, along with updated wood flooring and vaulted ceilings. It is well-maintained and move-in ready, fitting the 5-15 year renovation window for a Good rating.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
This 1924 Cape Cod classic was fully reimagined in 2016, blending historic character with modern amenities like vaulted ceilings, skylights, and central HVAC.
The property includes plans for a 300 sq. ft. studio above the two-car garage, offering a clear path to increase square footage and add significant value.
At only 712 square feet with a 1-bedroom, 1-bathroom configuration, the home's small footprint may limit its appeal to a narrow buyer demographic.
The list price of $995,000 represents a very high price per square foot, which could present challenges for appraisals and value-conscious buyers.
Cape Cod classic in Laurel Canyon. First time on the market in 50 years. Set high above the street among treetops, this 1924 home was reimagined from top to bottom in 2016. Open floor plan with wood floors, vaulted ceilings and skylights offers peaceful views of green beyond the balcony and terraced gardens. Two-car garage. Central heat and a/c + tankless water heater. Plans available for a 300 sq. ft. studio above the garage.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.3 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 1% |
| Baths | 1.0 | 3.0 | 6% |
| Square foot | 712 | 2,338 | 1% |
| Lot Size | 3,000 | 7,611 | 7% |
| Price | $995.0K | $2.33M | 4% |
| Price per sq ft | $1.4K | $964 | 92% |
| Built year | 1924 | 1956 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 172 | 1% |
Apr 27, 2026
$995,000
Initial Listing
Apr 26, 2013
$258,000
Public Record