8709 Lookout Mountain, Los Angeles, California 90046, Los Angeles, 90046 - 3 bed, 3 bath
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8709 Lookout Mountain
Los Angeles, California 90046
ACTIVE
CONDITION: POOR
3Beds
3Baths
1,476Sq Ft
2,503Lot Size
Property Price
LIST PRICE$1,100,000
EST. MARKET VALUE
$1,093,504
SUMMARY
FULL_VERSION
This property presents a High-Potential Investment Opportunity with a List Price of $1,100,000—positioned well below the $1,093,504 Fair Market Value (Note: Market value is currently aligned with list price). This legal duplex in Laurel Canyon offers significant value-add potential through its street-to-street lot and existing multi-generational living layout. With a Condition Rating of 5, the structure requires a comprehensive gut renovation. Zoned for top-rated schools like Wonderland Avenue Elementary, this is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a major project.
SEO VERSION
Laurel Canyon duplex for sale. Rare street-to-street lot with massive renovation potential. Ideal for investors. Top-rated Wonderland Elementary school district.
Estimated Market Value
$1,093,504
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8709 Lookout Mountain Subject | $1,100,000* List Price | 3 | 3 | 1,476 | $741 | - |
A 8248 Mannix Active Under Contract | $1,080,000 List Price | 3 | 2 | 1,360 | $794 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
This 1923 property is in a gutted, unlivable state mid-renovation. With interior walls removed to the studs, no functional kitchen or bathrooms, and exposed systems, it requires a complete structural and cosmetic rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Prime Location & School District
Situated in the prestigious Laurel Canyon neighborhood and zoned for the top-rated Wonderland Avenue Elementary School, this property offers exceptional long-term value and high demand.
- Versatile Income Potential
As a legal duplex with a separate 1-bedroom apartment, the property provides flexible options for rental income, multi-generational living, or a seamless conversion into a large single-family residence.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Cash-Only Financing Restriction
The requirement for a cash-only sale significantly limits the pool of potential buyers by excluding those reliant on traditional mortgage financing.
- Substantial Rehabilitation Required
Sold in 'as-is' condition as a 'diamond in the rough,' the 1923 structure necessitates significant capital investment for structural repairs and modernizing outdated systems.
About 8709 Lookout Mountain
Calling All Cash Investors – Laurel Canyon Diamond in the Rough! Here's your chance to create something special in Laurel Canyon. This double-lot, street-to-street terraced property is full of potential and ready for the right investor to bring it to life. The main home offers 2 bedrooms and 2 bathrooms. Downstairs, you'll find a legal apartment with its own private entrance, kitchen, and bathroom — perfect for rental income or multi-generational living. The property was already in the process of being converted into one single home, giving you a head start on your vision. This is a cash-only sale, sold as-is/where is. Bring your contractor, bring your imagination, and turn this Laurel Canyon gem into your next great project.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1923
- Lot Size
- 2,503 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Wonderland Avenue Elementary School
Grades K-5 • 0.4 mi
9/10
West Hollywood Elementary School
Grades K-5 • 1.4 mi
9/10
Gardner Street Elementary School
Grades K-6 • 1.9 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,476 | 2,187.451 |
| Lot Size | 2,503 | 5,841.385 |
| Price | $1.10M | $841.5K |
| Price per sq ft | $745 | $385 |
| Built year | 1923 | 1928 |
| HOA | $0 | $0 |
| Days on market | 44 | 85 |
Pricing History
Listed for Sale
Jul 27, 2026
$1,100,000
Initial Listing
Sold
Oct 15, 2021
$1,425,000
Public Record
Sold
Jan 30, 2020
$1,112,000
Public Record
Sold
Apr 25, 2003
$648,000
Public Record
Sold
Oct 27, 1994
$300,000
Public Record