ActiveSingleFamilyResidence

1240 N Olive Drive

West Hollywood, CA, 90069

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$2,299,000

MLS: SB26039527

Beds

3

Baths

3

Sq Ft

1,749

Lot

0.16 ac

Year Built

1922

MLS #

SB26039527

Days on Market

55

Listed

Feb 23, 2026

Description

Built in 1922 and located just steps from the Sunset Strip in the heart of West Hollywood, this private Spanish-style residence blends classic "Old Hollywood" architecture with thoughtful modern updates. Set on a secluded 6,847 sq. ft. lot, the 3-bedroom, 3-bathroom home offers approximately 1,749 sq. ft. of light-filled living space designed for effortless indoor-outdoor living and entertaining. The open floor plan features hardwood floors, recessed lighting, a fireplace, and central HVAC, along with a chef’s kitchen appointed with Viking appliances and honed Carrera marble countertops. The expansive backyard is a true private retreat, complete with a built-in Viking BBQ, outdoor refrigerator and ice maker, bar area, fire pit, and an 8-person spa—ideal for entertaining and relaxation. A spacious 2-car garage provides additional storage and convenience. A separate approximately 400 sq. ft. storage area beneath the home, accessed through a full-sized door, offers exceptional flexibility—perfect for storage, a wine cellar, studio, or private office. Offering privacy and style just moments from West Hollywood’s premier dining, shopping, and nightlife, this exceptional home delivers the best of Southern California living.

Location

West Hollywood, Los Angeles County, CA 90069

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Listed by: Gerard Bisignano · Vista Sotheby’s International Realty

Payment estimate

$16,270

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $229,900 · Loan: $2,069,100

%
Principal & Interest
$12,713
Property tax (1.25%)
$2,395
Homeowners insurance
$300
Mortgage insurance
$862
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this West Hollywood home with as little as 3.5% down using an FHA loan — roughly $80,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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