8506 Oak Court, Los Angeles, CA 90046

$1,595,000 Asking Price

2 beds
4 baths
3,944  sqft
Built in 1957

Attention Investors, Builders and Buyers. Assess the ROI on a single-family residence close to $400/sf and bring offers! With two separate and attached 2 bedroom and 4 bath home structures of almost 4,000sf on an approximate 7,153 sf lot, there are numerous opportunities. Located at the epicenter of the now legendary Laurel Canyon music renaissance, this well-maintained magical Laurel Canyon home is an ideal live and work creative environment. Offered for the first time in over 30 years, Oak Ct. has many retro features including a wood paneled office/studio and loft with original stained glass and distressed wooden door, an oversized 2-car garage with approximately 20 ft. ceilings, an indoor tiled spa, dry sauna, cedar closets and much more. Located in lower Laurel Canyon, the property is central to businesses, restaurants, nightlife and shopping areas of West Hollywood and Studio City, and close to the local Laurel Canyon Store and distinguished Wonderland Elementary School. Bring your creativity, imagination, and "love" vibe and own a stake in one of LA's treasured neighborhoods.

Features & Amenities

Interior

General:
Separate/Formal Dining Room,Dumbwaiter,Dressing Area,Loft
Appliances:
Dishwasher,Gas Cooktop,Disposal,Microwave,Oven,Refrigerator,Dryer,Washer
Laundry:
Inside,Laundry Room
Flooring:
Carpet,Wood
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Den,Living Room, Fireplace

Exterior

Style:
Modern
Pool:
None
Parking:
Covered,Door-Multi,Garage,Oversized,Private, Parking spaces: 2

Construction

Windows:
Stained Glass
General:
Stucco,Wood Siding, 3

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LAR1, 5556014025
View:
City Lights,Canyon, View

Utilities

Sewer:
Other

Financial

Source:
CRMLS

This listing courtesy of:
Sotheby's International Realty, Michael Hiatt

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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