About this home

Two Homes - One Exceptional Investment! A Rare Offering with Incredible Income and Development Potential! Discover the possibilities of this distinctive property featuring two separate residences situated on an expansive 10,000+ square-foot LAR3-zoned lot. Whether you're seeking a multi-generational living arrangement, an opportunity to reside in one home while generating rental income from the other, or an investment with future development potential, this property offers exceptional versatility. The main residence showcases beautiful architectural character, featuring 3 bedrooms, 2 bathrooms, and a spacious den ideal for a home office, media room, or additional living space. A gracefully curved staircase adds a touch of timeless elegance, leading to the private primary suite and an adjoining bonus room offering picturesque views of the surrounding mountains. Central air conditioning and heating provide year-round comfort. Privately situated toward the rear of the property, the second residence offers 1 bedroom, 1 bathroom, and window air conditioning, creating an excellent opportunity for rental income, extended family accommodations, or a private guest retreat. The generously sized grounds feature an in-ground swimming pool, abundant outdoor space, and ample parking, providing flexibility for entertaining, recreation, and future possibilities. For the visionary investor or developer, the property's LAR3 zoning presents exciting potential for additional residential units or redevelopment, subject to city approvals and verification of applicable zoning and building requirements. Two residences. One extraordinary property. A wealth of possibilities! Don't miss this opportunity to unlock the full potential of this versatile real estate offering.

Facts and features

Schools

• Pinewood Avenue Elementary School

  elementary · K-5 · 0.3 mi

  7

• Verdugo Hills Senior High School

  high · 9-12 · 0.7 mi

  7

• Mt. Gleason Middle School

  middle · 6-8 · 1.2 mi

  7

• Our Lady Of Lourdes

  elementary · K-8 · 0.2 mi

• Mt. Lukens Continuation School

  high · 9-12 · 0.6 mi

• Skyward Christian Schools

  elementary · K-12 · 0.7 mi

Price history

• Oct 12, 2026 · Listed$1,499,000
• Oct 12, 2026 · Listed$1,499,000
• Sep 22, 2025 · Listing Removed—
• Feb 12, 2025 · Price Changed$1,565,000
• Sep 25, 2024 · Listed$1,595,000
• Feb 13, 2023 · Listing Removed—
• Apr 11, 2022 · Listed$1,890,000
• May 14, 2021 · Listing Removed—

Tax history

• 2025$6,969 tax · $562,659 assessed
• 2024$6,866 tax · $551,627 assessed
• 2023$6,737 tax · $530,208 assessed
• 2022$6,432 tax · $519,813 assessed
• 2021$6,428 tax · $509,622 assessed
• 2020$6,488 tax · $504,397 assessed
• 2019$6,292 tax · $494,508 assessed
• 2018$6,050 tax · $484,813 assessed

Home value

$1,267,800

• Cotality$1,267,800
• Quantarium$1,487,065
• Collateral Analytics$1,062,000

Where it is