8869 Lookout Mountain Ave, Los Angeles, California 90046, Los Angeles, 90046 - 1 bed, 1 bath
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Los Angeles, California 90046
This Versatile Hillside Retreat is a High-Potential Investment Opportunity, listed at $1,095,000—positioned above the $981,716 Fair Market Value. While priced at a premium, the property offers significant utility through its two guest units, music studio, and rooftop deck with mountain views. Featuring a Good Condition Rating with updated plumbing and smart home systems, it sits within the top-rated Wonderland School District. This unique asset is ideal for creative professionals seeking a live-work sanctuary or investors looking for a high-demand rental property in the Hollywood Hills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8869 Lookout Mountain Ave Subject | $1,095,000* List Price | 1 | 1 | 810 | $1,212 | - |
A 2109 Prospect Trail Sold | $777,900 | 1 | 1 | 592 | $1,314 | 0.9 mi |
B 8443 Ridpath Drive Active | $950,000 List Price | 1 | 1 | 712 | $1,334 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1937, the property has been well-maintained and significantly updated. Key systems are modern, including mini-split HVAC units and plumbing/sewer lines replaced within the last 10 years. The kitchen features modern finishes and the home is move-in ready with integrated smart technology, placing it firmly in the 'Good' category despite its chronological age.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
The property features two unique guest units and a converted music studio, offering exceptional versatility for rental income, guest hosting, or a dedicated professional creative workspace.
Located in the highly desirable Wonderland School District, this home offers significant long-term value and appeal to families seeking access to one of LA's top-rated elementary schools.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
With only 810 square feet and a single bedroom in the main house, the property may be too small for buyers requiring traditional interior space or room for a growing family.
The conversion of the garage into a music studio eliminates traditional covered parking, which can be a challenge in the narrow, parking-impacted streets of the Hollywood Hills.
Welcome to this curated and eclectic hillside retreat, perfect for artists, musicians, and nature lovers alike. This standout property features two charming treehouse guest units and a fully equipped music studio right in the garage. The main house features 1 bedroom, 1 bathroom and spans 810 sqft on a 2,539 sqft lot and is located in the highly desirable Wonderland School District. The garage has been thoughtfully converted into a music studio but can easily be reverted to fit your needs. Two unique guest units, each with their own kitchen or kitchenette and bathroom, provide ample hosting options or creative studio spaces. Step inside to a light-filled living room with Spanish tile floors, floor to ceiling windows, and exposed beams that continue into the bedroom and garage. The updated kitchen features modern finishes, while smart lights and mini-split systems keep the home comfortable and convenient. Additionally, there is a speciality sound therapy room, which has its own entrance. Enjoy a true entertainer’s backyard with lush greenery, fruit trees including avocados, a gas BBQ, outdoor shower, and a rooftop deck offering serene mountain views. The home includes a whole-house water filtration system with easy-to-order filter replacements, smart garage door opener, and a smart drip-irrigated sprinkler system. Nearly all plumbing has been updated in the last 10 years along with a new sewer line, giving peace of mind for years to come. Nestled in the peaceful hills yet minutes from the Sunset Strip, West Hollywood, Beverly Hills, and major studios, this property is the perfect balance of a private hideaway with convenient access to LA’s best hotspots.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.2 mi
Grades K-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 810 | 1,672 |
| Lot Size | 2,539 | 6,067 |
| Price | $1.09M | $1.37M |
| Price per sq ft | $1.4K | $801 |
| Built year | 1937 | 1939 |
| HOA | $0 | $348 |
| Days on market | 13 | 56 |
Jul 9, 2026
$1,095,000
Initial Listing
Apr 7, 2017
$580,000
Public Record