ActiveSingleFamilyResidence

8723 Lookout Mountain Avenue

Los Angeles, CA, 90046

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$1,780,000

MLS: 26654687

Beds

3

Baths

3

Sq Ft

1,425

Lot

0.07 ac

Year Built

2019

MLS #

26654687

Days on Market

54

Listed

Feb 26, 2026

Description

Experience a refined, low-maintenance lifestyle at 8723 Lookout Mountain Ave, a modern 2019 build situated in the heart of the Wonderland School District. Eschewing the typical upkeep of older canyon properties, this home offers a thoughtful, efficient footprint characterized by soaring ceilings and expansive windows that draw in the surrounding greenery. The open-concept living area features a minimalist kitchen with a waterfall-edge island and professional-grade appliances, creating a space that feels intentional and airy. With multiple private decks for outdoor quiet and a well-appointed primary suite, this residence provides a rare opportunity to acquire a contemporary, turnkey home at a corrected price point that aligns with current market value in the 90046 zip code.

Location

Los Angeles, Los Angeles County, CA 90046

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Listed by: Diana Braun · Compass

Payment estimate

$12,665

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $178,000 · Loan: $1,602,000

%
Principal & Interest
$9,843
Property tax (1.25%)
$1,854
Homeowners insurance
$300
Mortgage insurance
$668
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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 $62,300 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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Local Market Stats

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

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