1722 Nichols Canyon Road
Los Angeles, CA, 90046
$1,745,000
MLS: 26744249
Beds
3
Baths
3
Sq Ft
2,344
Lot
0.15 ac
Year Built
1913
MLS #
26744249
Days on Market
0
Listed
Apr 17, 2026
Description
1722 and 1724 Nichols Canyon present a rare and versatile opportunity in one of Lower Nichols Canyon's most sought-after locations. Set on a single lot, the property currently functions as two thoughtfully updated and remodeled houses: a charming front house with a private yard and a separate rear guest house, offering both privacy and flexibility. Exceptional off-street parking accommodates both homes, an uncommon convenience in this coveted hillside enclave. Land use and Zoning allow for legal multifamily use, the property provides immediate income along with compelling potential for future redevelopment or creative re-imagining. The front residence, a two-bedroom, two-bath home, is presently leased at $4,650 per month, while the rear one-bedroom, one-bath residence generates $3,495 per month. Both units are rented on a month-to-month basis, allowing for maximum flexibility for an owner-user or investor. Located in the heart of Lower Nichols Canyon, the property is surrounded by a lush, tree-filled landscape that defines this serene Hollywood Hills neighborhood. Known for its peaceful, "country-in-the-city" ambiance, the area features a harmonious blend of modern, rustic, and luxury homes, all just moments from the energy of Hollywood, Sunset Strip, and West Hollywood.
Location
Los Angeles, Los Angeles County, CA 90046
Open on Google Maps ↗Listed by: Michael LaMontagna · The Beverly Hills Estates
Payment estimate
$12,422
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $174,500 · Loan: $1,570,500
- Principal & Interest
- $9,649
- Property tax (1.25%)
- $1,818
- Homeowners insurance
- $300
- Mortgage insurance
- $654
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 Los Angeles home with as little as 3.5% down using an FHA loan — roughly $61,075 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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