8718 Crescent Drive, Los Angeles, California 90046, Los Angeles, 90046 - 3 bed, 2 bath
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Los Angeles, California 90046
This Turnkey Laurel Canyon Sanctuary is a Strong Value Opportunity, listed at $1,425,000—positioned well below the $1,485,283 Fair Market Value by 4%. This valuation gap offers $60,283 in Instant Equity for the buyer. Featuring a Mint Condition Rating with modern renovations, the home includes a cold plunge tub, sauna, and expansive lot. Located within walking distance of the top-ranked Wonderland Avenue Elementary, this property is an ideal fit for Owner-Occupants or discerning families seeking a private, resort-style lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8718 Crescent Drive Subject | $1,425,000* List Price | 3 | 2 | 1,398 | $1,062 | - |
A 8329 Kirkwood Drive Sold | $1,425,000 | 3 | 2 | 1,500 | $950 | 0.7 mi |
B 8518 Appian Way Sold | $1,750,000 | 3 | 2 | 1,753 | $998 | 0.3 mi |
C 2016 Stanley Hills Drive Active | $1,695,000 List Price | 3 | 4 | 1,615 | $1,050 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1936, the property has undergone a comprehensive modern renovation within the last 5 years. The kitchen features trendy green shaker cabinetry and waterfall stone countertops, while the bathrooms have been updated with contemporary tile, vanities, and fixtures. The interior is in mint condition with updated flooring and lighting throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8268, living area = 1398.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
The property is within walking distance of Wonderland Avenue Elementary, a top-ranked California school, which significantly enhances its long-term value and appeal to families.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1398, other record living area = 910. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property was recently sold within the past year on 2025-07-21. The sold price is $940,000.00.
At 1,398 square feet for a three-bedroom layout, the interior living spaces may feel restrictive for buyers accustomed to more modern, open-concept dimensions.
Tucked into the scenic hills of Laurel Canyon, this updated 3-bedroom, 2-bath home offers privacy, charm, and canyon living. The property spans nearly half an acre, well above the average lot size in the area, providing exceptional space and potential in a peaceful natural setting. The home comes fully furnished and features bright, spacious living areas, including a living room with fireplace. Outdoors, the property feels like a private resort with a cold plunge tub, outdoor sauna, winding pathways, and established honey bee hives, offering a unique connection to the surrounding landscape. The home is also walking distance to Wonderland Avenue Elementary, one of the top-ranked elementary schools in all of California. Located in one of Los Angeles' most iconic canyon communities, the home provides tranquil hillside living with convenient access to Hollywood, the Sunset Strip, and West Hollywood.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.5 mi
Grades K-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 34% |
| Square foot | 1,398 | 2,294 | 16% |
| Lot Size | 8,268 | 7,143 | 61% |
| Price | $1.43M | $2.26M | 21% |
| Price per sq ft | $1.0K | $952 | 64% |
| Built year | 1936 | 1956 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 143 | 1% |
May 13, 2026
$1,425,000
Initial Listing
Jul 21, 2025
$940,000
Public Record