
Los Angeles, California 90035
This Spacious Traditional Value-Add Residence is a High-Potential Investment Opportunity, listed at $1,895,000—positioned well below the $1,975,341 Fair Market Value by 4%. This valuation gap delivers $80,341 in Instant Equity for buyers ready to modernize the 2,145 sq. ft. interior. Featuring solid bones, a Park/Greenbelt view, and access to the 9/10 rated Beverly Hills High School, the property offers significant upside through cosmetic updates and the existing guest house conversion. This is an ideal acquisition for Owner-Occupants seeking forced appreciation or Buy-and-Hold Investors in a premier neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8860 Horner Street Subject | $1,895,000* List Price | 3 | 3 | 2,145 | $921 | - |
A 1772 S Wooster Street Sold | $1,650,000 | 3 | 2 | 1,659 | $995 | 0.4 mi |
B 1562 S Crescent Heights Boulevard Sold | $1,435,000 | 3 | 2 | 1,324 | $1,084 | 0.8 mi |
C 1446 S Oakhurst Drive Sold | $2,250,000 | 4 | 2 | 2,030 | $1,108 | 0.3 mi |
D 1851 Stearns Drive Active | $1,795,000 List Price | 4 | 3 | 2,305 | $779 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, the property is described as having 'solid bones' but requiring cosmetic updates and renovation. Exterior images show aged stucco with visible staining and unmaintained landscaping. The listing's emphasis on potential for renovation and the presence of an unpermitted garage conversion suggest an outdated interior and systems that, while functional, have likely exceeded their typical design life.
High School: Beverly Hills High School (9/10).
Situated on a private corner lot in the highly desirable Beverly Woods neighborhood, the property offers exceptional curb appeal and proximity to top-rated schools and local amenities.
With solid structural bones and a spacious 2,145 sq. ft. layout, this home presents a rare opportunity for renovation or cosmetic updates to build immediate equity in a high-value area.
The garage was converted into a guest house without the required permits, which may complicate financing, insurance, or future legal compliance for the buyer.
The home is in need of cosmetic updates and modernization throughout, requiring a significant additional investment of time and capital beyond the purchase price.
Tucked away on a private corner lot in the coveted Beverly Woods neighborhood, this charming three-bedroom, three-bath home offers a rare opportunity to make your mark in one of the area's most desirable communities. With great curb appeal and an unbeatable location just minutes from popular shops, restaurants, and everyday conveniences, the home combines comfort, charm, and potential.Inside, the space is ready for your vision offering solid bones and plenty of room for cosmetic updates to transform it into your dream home. Whether you're looking to renovate or simply refresh, this property presents endless possibilities in a neighborhood known for its welcoming atmosphere and lasting value. The garage was converted to a guest house without a permit. Shown by appointment only.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,145 | 2,103 | 50% |
| Lot Size | 5,904 | 6,401.5 | 36% |
| Price | $1.90M | $2.21M | 43% |
| Price per sq ft | $883 | $1.1K | 21% |
| Built year | 1948 | 1935 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 166 | 4% |
Apr 13, 2026
$1,895,000
Initial Listing
Aug 26, 1999
$419,000
Public Record