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2518 Canyon Drive, Los Angeles, California 90068, Los Angeles, 90068 - 3 bed, 3 bath

2518 Canyon Drive, Los Angeles, California 90068 home-pic-0
ACTIVE$2,795,000
2518 Canyon Drive, Los Angeles, California 90068
3Beds
3Baths
2,395Sqft
8,928Lot
Year Built
1937
Close
-
List price
$2.79M
Original List price
$2.79M
Price/Sqft
$1,167
HOA
-
Days on market
-
Sold On
-
MLS number
25517455
Home ConditionExcellent
Features
Good View: Canyon, Hills, Trees/Woods
Deck
Pool
Patio
ViewCanyon, Hills, Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 25% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.79M(80th), sqft - 2395(58th), beds - 3(50th), baths - 3(50th).

This beautifully designed and newly renovated Monterey Colonial seamlessly blends modern coastal touches with classic architecture in one of the east side's most desirable neighborhoods, The Oaks. Located just seconds from Griffith Park playgrounds, Hollywood Sign hiking trails, top neighborhood dining spots, this home offers the best of canyon living on the border of Hollywood Hills and Los Feliz! A charming stone pathway leads to a bright, spacious living room with stained white oak flooring, large windows, and a modern fireplace anchoring the space. The formal dining area is generously sized, perfect for hosting family and friends, and flows effortlessly into the coastal-inspired kitchen with rattan fixtures, new Cle tile, and open shelving. The main level also includes a light-filled guest bedroom with built-in storage and a beautifully renovated guest bathroom with new tile, an upgraded vanity, and a glass shower. Upstairs, you'll find a second guest bedroom with oversized corner windows and an updated bathroom boasting a stone sink and custom wood vanity. The expansive primary suite is a true retreat, with French doors leading to a private terrace overlooking the lush backyard views. The renovated ensuite bathroom includes dual vanities, Cle tile, a spacious dual-head rain shower, and a luxurious soaking tub. Outside, enjoy a private backyard oasis complete with a large pool, sundeck, and cabana for outdoor dining or relaxing. The backyard also features an elevated lookout spot with a treehouse and lounge area, nestled among mature trees. A bonus space, ideal for a home office or gym, enhances this serene setting. Available for Sale or for Lease.

Nearby schools

6/10
Cheremoya Avenue Elementary School
Public,•K-6•0.8mi
4/10
Grant Elementary School
Public,•K-6•1.2mi
4/10
Selma Avenue Elementary School
Public,•K-6•1.5mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•1.6mi
8/10
Valley View Elementary School
Public,•K-6•1.7mi
7/10
Gardner Street Elementary School
Public,•K-6•2.4mi
8/10
R. L. Stevenson Elementary School
Public,•K-5•3.2mi
7/10
Rio Vista Elementary School
Public,•K-5•3.6mi
3/10
Joseph Le Conte Middle School
Public,•6-8•1.5mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•2.3mi
6/10
Thomas Starr King Middle School
Public,•6-8•2.5mi
5/10
David Starr Jordan Middle School
Public,•6-8•3.4mi
6/10
Walter Reed Middle School
Public,•6-8•4.7mi
6/10
Hollywood Senior High School
Public,•9-12•1.8mi
8/10
John Marshall Senior High School
Public,•9-12•2.3mi
7/10
Fairfax Senior High School
Public,•9-12•3.4mi
7/10
Burroughs High School
Public,•9-12•3.8mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•4.7mi
8/10
North Hollywood Senior High School
Public,•9-12•5.4mi

Price History

Date
Event
Price
11/19/21
Sold
$2,300,000
10/12/12
Sold
$1,285,000
03/29/07
Sold
$1,327,500
08/25/06
Sold
$955,000
Condition Rating
Excellent
This 1937 Monterey Colonial has undergone a 'newly renovated' and 'beautifully designed' transformation, seamlessly blending modern coastal touches with classic architecture. The description highlights extensive updates, including stained white oak flooring, a modern fireplace, and a coastal-inspired kitchen with new Cle tile, rattan fixtures, and open shelving. Bathrooms are also 'beautifully renovated' with new tile, upgraded vanities, glass showers, stone sinks, custom wood vanities, dual-head rain showers, and luxurious soaking tubs. These details, coupled with the 'expansive primary suite' and 'private backyard oasis,' indicate a property where all components are new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with an 'excellent' condition rating.
Pros & Cons

Pros

Premium Location & Lifestyle: Situated in 'The Oaks,' one of the east side's most desirable neighborhoods, offering immediate access to Griffith Park, Hollywood Sign hiking trails, and top dining, blending urban convenience with natural beauty.
Extensive & Stylish Renovation: A 'newly renovated Monterey Colonial' that 'seamlessly blends modern coastal touches with classic architecture,' featuring high-end finishes like stained white oak flooring, new Cle tile, rattan fixtures, and modern fireplaces.
Luxurious Primary Suite & Spa-like Bath: An 'expansive primary suite' with French doors leading to a private terrace overlooking lush backyard views, complemented by a 'renovated ensuite bathroom' boasting dual vanities, a spacious dual-head rain shower, and a luxurious soaking tub.
Exceptional Outdoor Entertainment Oasis: A 'private backyard oasis' complete with a large pool, sundeck, and cabana for outdoor dining or relaxing, further enhanced by a unique 'elevated lookout spot with a treehouse and lounge area.'
Versatile Bonus Space: Includes a dedicated 'bonus space, ideal for a home office or gym,' adding significant functional value and flexibility to the property.

Cons

Significant Price-to-Estimate Discrepancy: The current listing price of $2.795M is 25% higher than the estimated property value of $2.075M, which may require strong justification to potential buyers and could affect market duration.
Lack of Detailed System Updates: While described as 'newly renovated,' the listing primarily highlights cosmetic and aesthetic improvements. Specific updates to major systems (e.g., HVAC, electrical, plumbing) for a 1937-built home are not explicitly detailed, potentially raising buyer questions about long-term maintenance.
Limited Parking Information: The property description does not clearly specify the type or extent of parking available (e.g., garage, carport, dedicated off-street spaces), which can be a practical concern for buyers in this Los Angeles neighborhood.

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