
Los Angeles, California 90048
This Value-Add Condominium Asset is listed at $999,900, situated in the prestigious Beverly Center-Miracle Mile corridor. With a $832,183 Fair Market Value, the property’s primary appeal lies in its massive 1,786 sqft footprint and Condition Rating of 5, providing a rare canvas for significant forced appreciation. Featuring a city lights view and proximity to Cedars-Sinai, the unit is zoned for Top-Rated Schools including West Hollywood Elementary (9/10) and Beverly Hills High (9/10). This project is perfectly suited for Fix-and-Flip Investors or Owner-Occupants looking to create a bespoke luxury residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8568 Burton Way 206 Subject | $965,000* List Price | 2 | 2 | 1,786 | $416 | - |
A 8427 W. 4th St Sold | $1,060,000 | 3 | 3 | 2,109 | $503 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1974 (50 years old) and explicitly marketed as a 'fixer' requiring a full remodel. Interior images reveal original 1970s-style bathrooms, dated cabinetry, and heavily stained carpeting, indicating the unit has not been updated in over 30 years and needs a complete rehab.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated in the highly sought-after Beverly Center-Miracle Mile area, the property offers exceptional walkability to premier destinations including Cedars-Sinai, the Beverly Center, and Trader Joe's.
Boasting 1,786 square feet, this is one of the largest two-bedroom units in the vicinity, featuring a generous floor plan with a walk-in pantry, laundry closet, and an extra-long front-facing balcony.
The property is explicitly listed as a fixer-upper, meaning buyers must be prepared for the additional capital investment and time required for a full interior remodel.
A monthly association fee of $700, combined with the building's 1974 construction, may represent a high recurring expense for buyers, especially when factoring in renovation costs.
One of the largest units in the area, this fixer is not to be missed. Large living spaces with extra long front facing balcony. Large bedrooms with walk-in closets, Great kitchen space with eat-in area, laundry closet and walk-in pantry. Great location near Trader Joe's, Cedars-Sinai hospital and Beverly Center. Don't miss out on what can be a great unit once remodeled!
No exterior & parking available.
Grades K-6 • 0.8 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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,786 | 1,510 | 64% |
| Lot Size | 28,344 | 17,258 | 69% |
| Price | $965.0K | $1.15M | 38% |
| Price per sq ft | $540 | $748 | 10% |
| Built year | 1974 | 1985 | 38% |
| HOA | $700.0 | $695 | 51% |
| Days on market | 78 | 150 | 8% |
Jun 3, 2026
$965,000
$999,900
-3% Price Drop
Initial Listing
Apr 23, 2026
$999,900
$1,050,000
-5% Price Drop
Initial Listing
Apr 11, 2026
$1,050,000
$1,175,000
-11% Price Drop
Initial Listing
Mar 20, 2026
$1,175,000
Initial Listing