8551 Lookout Mountain Ave, Los Angeles, CA 90046 - View 1
8551 Lookout Mountain Ave, Los Angeles, CA 90046 - View 2
8551 Lookout Mountain Ave, Los Angeles, CA 90046 - View 3
8551 Lookout Mountain Ave, Los Angeles, CA 90046 - View 4
8551 Lookout Mountain Ave, Los Angeles, CA 90046 - View 5
8551 Lookout Mountain Ave, Los Angeles, CA 90046 - View 6

8551 Lookout Mountain Ave, Los Angeles, CA 90046

Sale Price: N/A
Jul 11, 2025825 sqft2 beds1 baths
Listed by: Joseph Babajian
License #: 00813384
Phone #: 310-490-7800
Rodeo Realty
Source:
CRMLS Logo
MLS #: 25561655

Property Description

Prime Hollywood Hills Retreat with Treetop Views & Lush Gardens Nestled in the heart of Los Angeles' most iconic neighborhood, this exceptional property in the Hollywood Hills offers a rare opportunity for visionaries and investors alike. Surrounded by verdant gardens, room for off street parking and boasting breathtaking treetop views, this private sanctuary is waiting to be reimagined into a stunning estate.Historically, Laurel Canyon has been a creative haven for legendary musicians such as Joni Mitchell, Carol King, Linda Ronstadt, Neil Young, and many legendary bands, adding a touch of musical legacy to this remarkable location. While the home has sustained fire damage, it presents a blank canvas for buyers to explore renovation possibilities diligence and expert consultation are encouraged to determine the best course of action.Situated well off the street and very close to Wonderland Ave School, this home offers maximum privacy, and a peaceful retreat from the city's hustle and bustle. With unlimited potential to craft your dream home or investment, this is a unique opportunity to own a piece of Hollywood Hills.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$8,178

TurboHome Estimated Value

$520,100

$630 sqft

High Valuation
$546,105
$662/sqft
Normal Valuation
$520,100
$630/sqft
Low Valuation
$494,095
$599/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$630/sqft$520,100

Neighborhood: Hollywood Hills

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Comparative Value

$495K

$510K

$550K

$590K

$675K

$710K

8551 Lookout Mountain Ave, Los Angeles, CA 90046

List Price: $495,000

Subject Property

6400 Primrose Ave 2, Los Angeles, CA 90068

Sale Price: $510,000

Selected Comparable

1922 Tamarind Ave 1, Los Angeles, CA 90068

Sale Price: $550,000

Selected Comparable

8400 De Longpre Ave 203, West Hollywood, CA 90069

Sale Price: $590,000

Selected Comparable

1400 N Sweetzer Ave 405, West Hollywood, CA 90069

Sale Price: $675,000

Selected Comparable

1550 N Laurel Ave 203, Los Angeles, CA 90046

Sale Price: $710,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
8551 Lookout Mountain Ave, Los Angeles, CA 90046

8551 Lookout Mountain Ave, Los Angeles, CA 90046

List: $495,000

Listed: 7/11/2025

Area:825 sqft
Price/sqft:$600
Beds:2
Baths:1
Year Built:
Lot Size:5,002

Comparable Properties

COMPARABLE
Choose comps
8400 De Longpre Ave 203, West Hollywood, CA 90069

8400 De Longpre Ave 203, West Hollywood, CA 90069

Sale: $590,000

1/8/20251.37 mi

Area:788 sqft
Price/sqft:$749
Beds:1
Baths:1
Year Built:
Weight:21.1%
1550 N Laurel Ave 203, Los Angeles, CA 90046

1550 N Laurel Ave 203, Los Angeles, CA 90046

Sale: $710,000

4/11/20251.34 mi

Area:990 sqft
Price/sqft:$717
Beds:2
Baths:2
Year Built:
Weight:20.6%
6400 Primrose Ave 2, Los Angeles, CA 90068

6400 Primrose Ave 2, Los Angeles, CA 90068

Sale: $510,000

4/1/20252.95 mi

Area:787 sqft
Price/sqft:$648
Beds:1
Baths:1
Year Built:
Weight:20.4%
1400 N Sweetzer Ave 405, West Hollywood, CA 90069

1400 N Sweetzer Ave 405, West Hollywood, CA 90069

Sale: $675,000

5/28/20251.33 mi

Area:800 sqft
Price/sqft:$844
Beds:1
Baths:2
Year Built:
Weight:19.7%
1922 Tamarind Ave 1, Los Angeles, CA 90068

1922 Tamarind Ave 1, Los Angeles, CA 90068

Sale: $550,000

5/15/20253.55 mi

Area:669 sqft
Price/sqft:$822
Beds:1
Baths:1
Year Built:
Weight:18.2%

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