8518 Walnut Drive, Los Angeles, California 90046, Los Angeles, 90046 - 2 bed, 2 bath
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Los Angeles, California 90046
This Modernized Laurel Canyon Retreat is a Strong Value Opportunity, listed at $1,200,000—positioned well below the $1,288,530 Fair Market Value by 6%. This valuation gap offers $88,530 in Instant Equity. Featuring an Extensively Renovated Condition, the home showcases a brand-new chef’s kitchen with vaulted ceilings and stunning mountain views. Located in the prestigious Wonderland Avenue Elementary district, the versatile layout includes a third bedroom with a separate entrance. It is a premier choice for Owner-Occupants or lifestyle-driven buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8518 Walnut Drive Subject | $1,100,000* List Price | 2 | 2 | 1,556 | $771 | - |
A 8730 Wonderland Avenue Sold | $1,235,000 | 2 | 3 | 1,415 | $873 | 0.7 mi |
B 8328 Kirkwood Drive Sold | $1,225,000 | 2 | 3 | 1,386 | $884 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1964, the property has undergone extensive recent renovations, featuring a brand-new chef's kitchen with vaulted ceilings and high-end finishes. The interior is move-in ready with new bamboo flooring throughout and fresh paint, meeting the criteria for a home extensively renovated within the last 5 years.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Nestled in a quiet Laurel Canyon cul-de-sac, this property is zoned for the prestigious Wonderland Avenue Elementary School (Rating 9), a major value driver for families and long-term appreciation.
The home features a brand-new, high-end cook's kitchen with vaulted ceilings, offering a contemporary aesthetic and an airy feel that serves as a standout centerpiece for the residence.
The property relies on a two-car carport rather than a fully enclosed garage, which may be a drawback for buyers prioritizing vehicle security or additional enclosed storage.
With a lot size of only 3,000 square feet, the outdoor space is relatively small and primarily terraced, which may not appeal to those seeking large, flat yard areas for recreation.
Classic Laurel Canyon 3 bedroom, 2 bathroom cul-de-sac home with huge front deck, shaded rear patio and terraced gardens. The house is freshly painted with bamboo floors throughout the living spaces. Third bedroom has a separate entrance. Sparkling brand-new cook's kitchen with vaulted ceiling. Two-car carport.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.2 mi
Grades K-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 2.0 | 3.0 | 34% |
| Square foot | 1,556 | 2,338 | 21% |
| Lot Size | 3,000 | 7,611 | 7% |
| Price | $1.10M | $2.33M | 9% |
| Price per sq ft | $707 | $957 | 12% |
| Built year | 1964 | 1957 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 183 | 4% |
Apr 4, 2026
$1,100,000
$1,200,000
-8% Price Drop
Initial Listing
Feb 26, 2026
$1,200,000
Initial Listing