
Los Angeles, California 90046
This Turnkey Laurel Canyon Retreat is a High-Potential Investment Opportunity, listed at $1,198,000—positioned slightly above the $1,137,981 Fair Market Value. Despite the premium, the property features an Excellent Condition Rating following an extensive 2022 renovation, including a new kitchen, 200-amp electrical, and a 2023 solar system. Zoned for the highly-rated West Hollywood Elementary, this home offers a proven track record as a short-term rental. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a modern, energy-efficient sanctuary in an iconic neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8522 Walnut Drive Subject | $1,198,000* List Price | 2 | 1 | 864 | $1,317 | - |
A 8462 Kirkwood Drive Active | $999,000 List Price | 2 | 1 | 884 | $1,130 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent an extensive renovation in 2022 (less than 5 years ago), featuring a modern kitchen with all-new appliances, updated electrical (200-amp panel), a 2023 solar system, and high-efficiency mini-split HVAC. With a foundation retrofit and new waste line, the home is in mint condition with no immediate maintenance required.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
The property underwent an extensive renovation in 2022, including a new kitchen, updated electrical, new waste lines, and an earthquake-retrofitted foundation, offering a turnkey experience for the buyer.
Equipped with a high-efficiency mini-split HVAC system and a fully owned microinverter solar system installed in 2023, the home provides modern comfort with significantly reduced utility costs.
At only 864 square feet with a single bathroom, the compact footprint may be a constraint for buyers seeking more spacious accommodations or a second bath for guests.
The 2,999 square foot lot is relatively small for the area, which limits usable outdoor space and potential for future structural expansion or additions.
Thoughtfully renovated and filled with natural light, this charming 2-bedroom, 1-bath Laurel Canyon retreat seamlessly blends classic canyon character with modern updates. Extensively remodeled in 2022, the home features new flooring, updated finishes, energy-efficient windows, a beautifully renovated kitchen with all-new appliances, upgraded electrical, and a new waste line. Designed for comfort and efficiency, the home also offers a high-efficiency mini-split heating and cooling system, a 200-amp electrical panel, an earthquake foundation retrofit, and an owned microinverter solar system installed in 2023. The outdoor spaces were refreshed with landscaping improvements and turf installation, creating inviting areas to relax, entertain, or enjoy the peaceful canyon setting. Whether you're looking for a full-time residence, a creative escape, or a flexible investment opportunity, this home offers exceptional versatility. It has also operated as a successful short-term rental, presenting attractive income potential for future owners. Ideally situated in one of Los Angeles' most iconic neighborhoods, 8522 Walnut Drive offers easy access to the Sunset Strip, Studio City, scenic hiking trails, and everything that makes Laurel Canyon one of the city's most sought-after places to call home.
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 |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 864 | 1,672 |
| Lot Size | 2,999 | 6,067 |
| Price | $1.20M | $1.37M |
| Price per sq ft | $1.4K | $801 |
| Built year | 1958 | 1939 |
| HOA | $0 | $348 |
| Days on market | 7 | 56 |
Jul 15, 2026
$1,198,000
Initial Listing
Mar 25, 2022
$1,150,000
Public Record
Dec 30, 2016
$695,000
Public Record