Skip to main content
ActiveSingleFamilyResidence

8510 Magnolia Drive

Los Angeles, CA, 90046

Property location map
1 / 2View all 2 photos

$2,050,000

MLS: 26106151

Beds

3

Baths

3

Sq Ft

2,227

Lot

0.35 ac

Year Built

1957

MLS #

26106151

Days on Market

3

Listed

Nov 3, 2026

Description

AMAZING MID-CENTURY ARTISTS RETREAT VIEW HOUSE OPPORTUNITY! Calling all developers, fix and flippers and end-users looking for an incredible opportunity to create your dream home in the hills that comes FULL RTI - PLANS AND PERMITS INCLUDED!!! Located at the top of Kirkwood, in historic Laurel Canyon, this awesome 2227 sqft 3 BR 3BA house is just waiting for the right buyer to complete the renovation on this AWESOME property. This property has Breathtaking views that stretch from Downtown LA all the way to Catalina Island on a clear day! The home has 2 car garage, which has been approved for ADU conversion which will bring this home up to a 4BR 4BA, while still leaving 4 parking spaces available. The vacant lot on the side of the house gives you ample opportunity to have an outdoor play area for kids, a lovely patio to enjoy cocktails and snacks while watching a magnificent sunset or have a nice spa area for meditative relaxation! Live in one of the most historic creative communities, in the same neighborhood Joni Mitchell, Graham Nash, jackson Browne, Carole King and Jim Morrison all called home! This is the perfect artists retreat for writers, musicians or anyone looking to escape the hustle and noise of the city! Lots of land, hiking and just a VERY short jaunt down to the famed Canyon Country Store, this home is quintessential Laurel Canyon and promises not to disappoint! You even get off street parking! Located just a short drive to the Sunset Strip, West Hollywood and all that the city side has to offer, AND a short drive over the hill to Studio City and the San Fernando Valley. You couldnt ask for a better location. if you are looking to move to the canyon, this is the opportunity for you!!

Location

Los Angeles, Los Angeles County, CA 90046

Open on Google Maps ↗

Listed by: Richard Chassler · Nest Seekers

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$15,703

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $205,000 · Loan: $1,845,000

%

Average 30-yr fixed rate 7.18% as of Nov 5, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$12,499
Property tax (1.25%)
$2,135
Homeowners insurance
$300
Mortgage insurance
$769
Open the full calculator →

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 Nov 5, 2026

30-year fixed
7.18%
15-year fixed
6.57%

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

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $71,750 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.

Similar Homes Nearby

Active and pending listings in ZIP 90046 (Los Angeles)within ±10% of this home's price and size.

Local Market Stats

See Los Angeles, CA 90046 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access
Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.