8860 Horner Street, Los Angeles, California 90035, Los Angeles, 90035 - 3 bed, 3 bath
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8860 Horner Street
Los Angeles, California 90035
ACTIVE
CONDITION: FAIR
3Beds
3Baths
2,145Sq Ft
5,904Lot Size
Property Price
LIST PRICE$1,795,000
EST. MARKET VALUE
$1,863,421
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,795,000—positioned well below the $1,863,421 Fair Market Value by 3%. This valuation gap offers $68,421 in Instant Equity for buyers. With a Condition Rating of 4, the home requires cosmetic updates, providing a clear path to forced appreciation. Located in the coveted Beverly Woods neighborhood near top-rated schools like Beverly Hills High School, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Estimated Market Value
$1,863,421+$68,421 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 8860 Horner Street Subject 3 bd · 3 ba · 2,145 sqft · $869 | $1,795,000* List Price | 3 | 3 | 2,145 | $869 | - |
A 1851 Stearns Drive Sold 4 bd · 3 ba · 2,305 sqft · $761 · 0.9 mi | $1,753,500 | 4 | 3 | 2,305 | $761 | 0.9 mi |
B 1124 Alvira Street Sold 3 bd · 2 ba · 2,385 sqft · $914 · 0.9 mi | $2,180,000 | 3 | 2 | 2,385 | $914 | 0.9 mi |
C 1159 Alvira Street Sold 3 bd · 2 ba · 2,238 sqft · $889 · 0.8 mi | $1,988,500 | 3 | 2 | 2,238 | $889 | 0.8 mi |
D 1733 S Corning Active Under Contract 3 bd · 2 ba · 1,658 sqft · $983 · 0.5 mi | $1,630,000 List Price | 3 | 2 | 1,658 | $983 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1948 (76 years old), the property is well beyond the 20-year threshold for modern systems. The listing describes the home as 'functional' but explicitly mentions the need for 'cosmetic updates' and a 'personal touch,' indicating it is dated but livable without immediate evidence of the structural failure required for a 'Poor' or 'Tear-down' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Beverly Hills High School (9/10).
- Prime Location
Situated in the highly coveted Beverly Woods neighborhood, the property offers exceptional proximity to upscale shopping, dining, and essential amenities in a top-tier Los Angeles vicinity.
- Private Corner Lot
The home is positioned on a desirable corner lot, providing enhanced privacy, superior curb appeal, and a sense of space that is rare for the area.
CONSRISKS & DEFICIENCIES
- Renovation Required
The 1948 residence is noted as needing cosmetic updates and improvements, requiring the buyer to budget for additional renovation costs to reach its full potential.
- Dated Infrastructure
Given the home's age and 'as-is' appeal, buyers may encounter older systems and finishes that do not meet modern luxury standards without significant capital expenditure.
About 8860 Horner Street
Tucked away on a private corner lot in the highly coveted Beverly Woods neighborhood, this charming three-bedroom, three-bathroom residence offers a wonderful opportunity in one of the area's most desirable communities. Featuring excellent curb appeal and a prime location just minutes from popular shops, restaurants, and everyday conveniences, this property combines charm, comfort, and exceptional potential.The home offers a functional floor plan and is ready for a new owner's personal touch. With some cosmetic updates and improvements, this property could be transformed into a beautiful residence. Whether you choose to renovate or simply refresh, the possibilities are endless.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 5,904 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
Canfield Avenue Elementary School
Grades K-5 • 0.3 mi
7/10
Crescent Heights Boulevard Elementary School
Grades K-5 • 0.8 mi
4/10
Shenandoah Street Elementary School
Grades K-5 • 0.9 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,145 | 1,670.836 |
| Lot Size | 5,904 | 6,152.156 |
| Price | $1.79M | $1.34M |
| Price per sq ft | $837 | $807 |
| Built year | 1948 | 1941 |
| HOA | $0 | $238 |
| Days on market | 18 | 56 |
Pricing History
Listed for Sale
Oct 22, 2026
$1,795,000
Initial Listing
Sold
Aug 26, 1999
$419,000
Public Record