
Los Angeles, California 90046
This Mid-Century Modern Retreat is a Strong Value Opportunity, listed at $2,395,000—positioned well below the $2,537,597 Fair Market Value by 5%. This valuation gap offers $142,597 in Instant Equity. Featuring an Excellent Condition Rating, the home includes a private pool, panoramic canyon views, and an attached accessory apartment. Located in the elite Wonderland Avenue Elementary district, this property is an ideal acquisition for Owner-Occupants seeking a private compound or Investors looking for long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8835 Crescent Drive Subject | $2,395,000* List Price | 4 | 3 | 2,925 | $878 | - |
A 8494 Cole Crest Drive Active | $2,995,000 List Price | 6 | 6 | 4,074 | $735 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1951, the property is a well-maintained 'move-in-ready' retreat. Photos show updated recessed lighting and central HVAC systems. The interior finishes and flooring suggest a renovation within the 5-15 year range, making it functional and well-preserved rather than dated or in need of major rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 59200, living area = 2925.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated in the highly coveted Wonderland Avenue Elementary School district, this property offers a rare combination of seclusion and access to one of the city's top-rated public schools.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =59200, other record lot size in square feet = 3128.
The requirement for the buyer to verify all permits and square footages suggests potential complexities regarding the legality or documentation of existing structures or additions.
While offering privacy, the steep canyon terrain and private road access can present logistical challenges for future construction, large-scale renovations, or ease of guest access.
Located within the highly sought-after Wonderland Avenue Elementary School district, this mid-century modern retreat offers a rare combination of seclusion, space, and privacy on approximately 1.3 acres in the heart of Laurel Canyon. Tucked behind a long private road and gated drive, the property captures incredible canyon views stretching to the Hollywood Sign, exceptional outdoor living, and a sense of tranquility that feels worlds away from the city, yet remains just moments from everything Laurel Canyon has to offer. The two-story home features a thoughtful floor plan highlighted by a step-down living room where the windows frame full canyon and mountain views, creating a focal point for the home. The dining area and kitchen flow well to the surrounding outdoor entertaining spaces. Upstairs, two bedrooms and two baths include a generous primary suite with a large walk-in closet and en-suite bath, while a third bedroom or office / studio downstairs provides flexibility for guests, remote work, or creative pursuits. An attached accessory apartment with its own bathroom, kitchen and private exterior entrance adds further versatility for extended family, visitors, a home office, or supplemental living space. The grounds are truly special, offering multiple decks, entertaining terraces, a pool, and a private yard off the kitchen complete with a pizza oven, all surrounded by canyon vistas. Every outdoor space has been thoughtfully positioned to embrace the natural beauty of the setting while providing areas for relaxation and entertaining. Driveway parking for six or more vehicles and a second included parcel offering possibilities for expansion, additional amenities, or future development, the property presents a rare opportunity to enjoy a move-in-ready canyon retreat with potential to unlock additional future value. Ideally situated near hiking trails, the Mulholland Tennis Club and Laurel Canyon Dog Park, this is a rare chance to own a private canyon compound in one of Los Angeles' most sought-after and character-rich neighborhoods. Buyer to verify all permits, school districts and square footages. Also includes APN 5563006001. Lot size on MLS is both APNs combined.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-6 • 1.3 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,925 | 1,672 |
| Lot Size | 59,200 | 6,067 |
| Price | $2.40M | $1.37M |
| Price per sq ft | $819 | $801 |
| Built year | 1951 | 1939 |
| HOA | $0 | $348 |
| Days on market | 42 | 56 |
Jun 11, 2026
$2,395,000
Initial Listing
Jan 12, 2006
$630,000
Public Record
Feb 23, 2000
$2,500
Public Record