7024 Treasure Trl · Los Angeles, CA 90068

$1,400,000

3 bd · 3.0 ba · 2,008 sqft · SingleFamily public records · 86 Days on market

Built 2006 4,386 sqft lot $697/sqft · 34% below area Est $2109k · 34% under

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +8.6/30.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• DSCR +2.4/10.0
• 1% rule +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

An exceptional architectural modern residence gracefully positioned in the prestigious Hollywood Hills. Originally constructed in 2006 and impeccably maintained, the home presents with a level of quality and care rarely found, offering a refined, move-in-ready experience. Privately situated at the end of an exclusive shared driveway with only one neighboring residence, the property affords an elevated sense of seclusion and serenity, complemented by sweeping canyon, mountain, and glittering city light vistas. Thoughtfully designed for sophisticated living, the residence showcases soaring ceilings, expansive open-concept interiors, and rich engineered wood flooring throughout. The gourmet kitchen is appointed with premium stainless steel appliances and seamlessly connects to the formal dining area, which opens through elegant French doors to a generously scaled private terraceideal for curated entertaining or tranquil outdoor living. The primary suite serves as a luxurious retreat, featuring an expansive walk-in wardrobe, while two additional well-appointed bedrooms provide comfort and versatility. Additional features include a spacious two-car garage and in-residence laundry accommodations. A rare offering that harmoniously blends modern design, privacy, and elevated livingjust moments from the finest dining, shopping, and lifestyle experiences Los Angeles has to offer. PROPERTY IS TENANT OCCUPIED

Key facts

• Private driveway
• Valley light views
• Chef's kitchen

Tags

• PRIVATE DRIVEWAY
• SWEEPING CANYON VIEWS
• MOUNTAIN VIEWS
• VALLEY LIGHT VIEWS
• ENGINEERED WOOD FLOORS
• CHEF'S KITCHEN

🏷️ Possibly a rental listed for sale. The $1,400,000 price doesn't fit this home's estimated sale value (~$2,109,126) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $1.40M.

Deal economics

• At list price, monthly cash flow is $-1k ($-14k/yr) — negative.
• To cash-flow at today's rent, offer at most $1.19M (15.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $911k (34.9% below list).
• Recommended offer: $911k (34.9% below list) — sets the bar for 1% rule.
• Cap rate 5.3% vs local median 2.1% in Los Angeles — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#273 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment B; Watch: health & safety C-, schools D+, crime F.
• Los Angeles Unified (urban): math 29% / reading 54% proficiency, ranked #223 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.3%/yr); 233 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
• At $9,108/mo this rent would consume 108% of the median local household income ($102k/yr) (locally 2246% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $10k of loan paydown is wiped out by about $42k of value loss. Plan a longer hold.
• Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 86 days — a 6% lower offer ($1.32M) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 19y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 5→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $910,777 (34.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 86 days. Have you received any prior offers? Is the seller open to a 35% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.65% ✗
• Cap rate: 5.26%
• Cash-on-cash: -3.69%
• DSCR: 0.84
• GRM: 12.8

CMA / ARV

• ARV (median comp): $2,109,126
• List price: $1,400,000
• Delta: -33.62%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6817 Treasure Trl	0.08mi	2/3.0 (-1)	1,877 (-6%)	9mo	$1,195,000	$637	73
7027 Macapa	0.47mi	2/2.5 (-1)	1,980 (-1%)	0mo	$1,620,000	$818	68
2505 Carman Crest Dr	0.63mi	3/2.0	2,000 (-0%)	3mo	$4,600,000	$2,300	63
6570 Lakeridge Rd	0.40mi	3/2.0	2,201 (+10%)	2mo	$1,930,000	$877	59
2775 Wright Ln	0.46mi	3/4.0	1,859 (-7%)	3mo	$1,245,000	$670	59
2825 La Cuesta Dr	0.74mi	4/3.0 (+1)	1,995 (-1%)	0mo	$1,975,000	$990	59
3419 Ione Dr	0.68mi	3/3.0	2,028 (+1%)	10mo	$1,600,000	$789	58
3322 Charleston Way	0.56mi	2/2.0 (-1)	2,164 (+8%)	4mo	$1,585,000	$732	49
2767 La Cuesta Dr	0.66mi	3/3.0	1,792 (-11%)	3mo	$2,300,000	$1,283	49
7426 Mulholland Dr	0.69mi	3/2.0	1,781 (-11%)	5mo	$1,500,000	$842	41
3138 Oakshire Dr	0.48mi	4/4.0 (+1)	2,276 (+13%)	8mo	$2,250,000	$989	40
3471 Oak Glen Dr	0.74mi	3/2.0	1,710 (-15%)	6mo	$1,420,000	$830	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.28% rent growth · sell at horizon

5-year hold

• IRR: -24.2%
• Equity multiple: 0.18×
• Total profit: $-319,742
• Equity at exit: $208,745

10-year hold

• IRR: -24.4%
• Equity multiple: -0.13×
• Total profit: $-441,293
• Equity at exit: $121,046

Cash invested: $392,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City Los Angeles: 0 Strongly Tenant-Friendly · D+22

LARSO + JCEO 2023; relocation for substantial remodel evictions.

Methodology + full state rankings →

ZIP-level market 90068

• Rents YoY: 1.3%
• Active inventory: 233
• Price-to-rent: 12.8×

Monthly cashflow live

• Estimated rent: $9,108 high
• Mortgage (P&I): −$7,342
• Tax from tax record: −$475 /mo · $5,699/yr
• Insurance: −$583
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,913
• Net cashflow: $-1,205

Break-even live

Break-even rent $10,633

Max offer price $1,187,157

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $350,000
• Closing costs: $42,000
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6871 Pacific View Dr Los Angeles, CA	3.0	2.0	1535	$5,675	$3.70	43d	1	0.12mi
7107 Pacific View Dr Los Angeles, CA	3.0	3.0	1500	$8,500	$5.67	24d	1	0.22mi
7191 Pacific View Dr Los Angeles, CA	4.0	4.0	2507	$13,995	$5.58	43d	1	0.22mi
2822 Oak Point Dr Los Angeles, CA	2.0	2.0	1479	$6,800	$4.60	43d	1	0.29mi
2819 Pacific View Trl Los Angeles, CA	3.0	3.0	2100	$9,595	$4.57	7d	1	0.31mi
6696 Lakeridge Rd Los Angeles, CA	3.0	4.0	2851	$14,995	$5.26	43d	1	0.32mi
3223 Tareco Dr Los Angeles, CA	4.0	3.5	2857	$11,800	$4.13	43d	1	0.32mi
6672 Lakeridge Rd Los Angeles, CA	3.0	3.0	2137	$9,950	$4.66	22d	1	0.34mi
7275 Mulholland Dr Los Angeles, CA	2.0	2.5	1953	$14,500	$7.42	44d	1	0.38mi
2612 Carman Crest Dr Los Angeles, CA	3.0	2.5	2095	$11,900	$5.68	24d	1	0.56mi
7419 Del Zuro Dr Los Angeles, CA	3.0	5.0	2983	$15,000	$5.03	43d	1	0.61mi
3425 Ione Dr Los Angeles, CA	4.0	4.0	2464	$13,000	$5.28	43d	1	0.64mi
2753 La Cuesta Dr Los Angeles, CA	4.0	3.0	1926	$14,000	$7.27	43d	1	0.66mi
3425 Oak Glen Dr Los Angeles, CA	3.0	3.0	2358	$10,500	$4.45	43d	1	0.67mi
3490 Wonder View Pl Los Angeles, CA	3.0	3.0	2507	$11,995	$4.78	43d	1	0.67mi
3412 Barham Blvd Los Angeles, CA	2.0	1.0	1400	$3,500	$2.50	43d	1	0.68mi
7483 Palo Vista Dr Los Angeles, CA	4.0	3.0	2800	$13,900	$4.96	43d	1	0.73mi
2936 La Castana Dr Los Angeles, CA	3.0	2.5	2000	$12,000	$6.00	43d	1	0.74mi
3486 Oak Glen Dr Los Angeles, CA	3.0	2.5	1503	$5,650	$3.76	24d	1	0.77mi
2601 Nichols Canyon Rd Los Angeles, CA	3.0	2.5	2695	$11,000	$4.08	43d	1	0.77mi
3437 Troy Dr Los Angeles, CA	4.0	4.0	2768	$17,000	$6.14	1d	1	0.80mi
3217 Oakley Dr Los Angeles, CA	3.0	3.0	2001	$18,500	$9.25	43d	1	0.82mi
2200 Outpost Dr Los Angeles, CA	3.0	3.0	2474	$12,000	$4.85	43d	1	0.84mi
2820 Nichols Canyon Pl Los Angeles, CA	3.0	3.0	2200	$8,795	$4.00	3d	1	0.85mi
3720 Broadlawn Dr Los Angeles, CA	2.0	2.0	1665	$5,250	$3.15	11d	1	0.88mi
3791 Multiview Dr Los Angeles, CA	4.0	3.0	2002	$10,500	$5.24	24d	1	0.96mi
6910 Los Tilos Rd Los Angeles, CA	3.0	2.5	1845	$8,500	$4.61	5d	1	0.99mi
2370 San Marco Dr Los Angeles, CA	2.0	2.5	1934	$7,995	$4.13	18d	1	1.08mi
3135 Chandelle Rd Los Angeles, CA	3.0	2.5	2235	$10,500	$4.70	43d	1	1.11mi
7770 Firenze Ave Los Angeles, CA	3.0	3.0	2746	$15,000	$5.46	12d	1	1.14mi
3651 Regal Pl Unit 401 Los Angeles, CA	3.0	3.0	1940	$8,950	$4.61	11d	1	1.14mi
3651 Regal Pl Unit 303 Los Angeles, CA	3.0	3.5	2530	$10,000	$3.95	3d	1	1.14mi
3651 Regal Pl Unit 102 Los Angeles, CA	3.0	2.0	1640	$6,500	$3.96	43d	1	1.14mi
3651 Regal Pl Unit 201 Los Angeles, CA	3.0	3.5	2036	$7,999	$3.93	43d	1	1.15mi
3649 Regal Pl #504 Los Angeles, CA	3.0	3.0	1691	$9,000	$5.32	43d	1	1.16mi
6396 Weidlake Dr Los Angeles, CA	3.0	4.0	2914	$8,450	$2.90	19d	1	1.17mi
6396 Weidlake Dr Los Angeles, CA	3.0	3.5	2914	$8,750	$3.00	24d	1	1.17mi
2010 N Sycamore Ave Los Angeles, CA	3.0	3.5	2500	$8,500	$3.40	5d	1	1.20mi
3880 Fredonia Dr Unit D Los Angeles, CA	2.0	2.5	1511	$4,200	$2.78	7d	1	1.20mi
2005 N Sycamore Ave Los Angeles, CA	4.0	4.0	1856	$10,750	$5.79	43d	1	1.21mi

Listing history 26 events

1. 2026-06-18
   days on market $1,400,000 Active 86 DOM
2. 2026-06-17
   days on market $1,400,000 Active 85 DOM
3. 2026-06-16
   days on market $1,400,000 Active 84 DOM
4. 2026-06-15
   days on market $1,400,000 Active 83 DOM
5. 2026-06-13
   days on market $1,400,000 Active 81 DOM
6. 2026-06-09
   days on market $1,400,000 Active 77 DOM
7. 2026-06-08
   days on market $1,400,000 Active 76 DOM
8. 2026-06-07
   days on market $1,400,000 Active 75 DOM
9. 2026-06-04
   days on market $1,400,000 Active 72 DOM
10. 2026-06-03
    days on market $1,400,000 Active 71 DOM
11. 2026-06-02
    days on market $1,400,000 Active 70 DOM
12. 2026-06-01
    days on market $1,400,000 Active 69 DOM
13. 2026-05-31
    days on market $1,400,000 Active 68 DOM
14. 2026-03-24
    listed $1,400,000 Active 1420-char remark

    Show marketing remark (1420 chars)

    An exceptional architectural modern residence gracefully positioned in the prestigious Hollywood Hills. Originally constructed in 2006 and impeccably maintained, the home presents with a level of quality and care rarely found, offering a refined, move-in-ready experience. Privately situated at the end of an exclusive shared driveway with only one neighboring residence, the property affords an elevated sense of seclusion and serenity, complemented by sweeping canyon, mountain, and glittering city light vistas. Thoughtfully designed for sophisticated living, the residence showcases soaring ceilings, expansive open-concept interiors, and rich engineered wood flooring throughout. The gourmet kitchen is appointed with premium stainless steel appliances and seamlessly connects to the formal dining area, which opens through elegant French doors to a generously scaled private terraceideal for curated entertaining or tranquil outdoor living. The primary suite serves as a luxurious retreat, featuring an expansive walk-in wardrobe, while two additional well-appointed bedrooms provide comfort and versatility. Additional features include a spacious two-car garage and in-residence laundry accommodations. A rare offering that harmoniously blends modern design, privacy, and elevated livingjust moments from the finest dining, shopping, and lifestyle experiences Los Angeles has to offer. PROPERTY IS TENANT OCCUPIED

15. 2025-08-24
    historical $5,500
16. 2025-08-22
    listed $5,500
17. 2025-08-21
    historical $5,500
18. 2025-08-21
    listed $5,500
19. 2011-11-15
    historical Cancelled
20. 2011-10-17
    status Pending
21. 2011-09-29
    listed Active
22. 2008-01-31
    historical
23. 2007-11-06
    historical
24. 2007-11-06
    listed
25. 2007-09-23
    price
26. 2007-08-17
    listed

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $5,699 · $475/mo
• Projected year-2 tax: $10,640 · $887/mo
• Expected delta: +$4,941/yr (+$412/mo · 86.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 5/10 Major 5 d/yr ≥93°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 8 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $109,293
• − Mortgage interest: −$78,422
• − Property taxes: −$5,699
• − Insurance: −$7,000
• − Repairs & maintenance: −$8,743
• − Management: −$8,743
• − Depreciation: −$40,727
• Taxable loss: −$40,042
• Est. tax savings @ 24.0%: +$9,610
• After-tax cash flow: $-4,848/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Los Angeles Unified
• NCES district ID: 0622710
• Math proficiency: 29% ▼ -4.00%
• Reading proficiency: 54% ▲ 10.00%
• Median HH income: $50,403
• Composite: 35.67/100
• National rank: #4875
• State rank: #223 of 517 in CA

Livability — Los Angeles

• Score: 68/100
• State rank: #273
• US rank: #9237

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment B Housing B- Health & safety C- User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Los Angeles, CA
• County: Los Angeles County · 9,444,647 people
• City population: 3,838,149
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 21,572
• Household income: $101,630
• Rent vs Own: 56.1% rent · 43.9% own
• Severe rent burden: 2246.0

Population outlook (Los Angeles County) Hauer SSP2

• Today (2025): 10,940,515 people
• By 2030: 11,256,481 · +2.9%
• By 2040: 11,729,929 · +7.2%
• By 2050: 11,948,407 · +9.2%
• By 2075: 11,818,114 · +8.0%
• By 2100: 10,842,928 · -0.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (69%)
• Race & ethnicity: White 69% Hispanic / Latino 13% Two or more races 9% Black 7% Asian 5%
• Hispanic origin (detail): Mexican 8% Cuban 2%
• Common ancestry: Lithuanian 4% Romanian 4% Scotch-Irish 4%
• Foreign-born: 19% · Canada, South Korea, China
• Languages at home: 79% English-only · Spanish 7% Other Indo-European 5% French/Haitian/Cajun 3%

Political lean MEDSL · Los Angeles

• 2024 margin: Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
• 2008→2024 swing: -7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
• All cycles: 2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1169.78%
• Current HPI: 432.4231
• Rent YoY: ▲ 1.28%
• Metro: Los Angeles-Long Beach-Anaheim, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+25354.5% since first listed

13 events — show timeline

• 2026-03-24 Listed $1,400,000 TheMLS
• 2025-08-24 Rental Removed $5,500 REALLYO
• 2025-08-22 Listed for Rent $5,500 REALLYO
• 2025-08-21 Rental Removed $5,500 CLAW
• 2025-08-21 Listed for Rent $5,500 CLAW
• 2011-11-15 Delisted — TheMLS
• 2011-10-17 Pending — TheMLS
• 2011-09-29 Listed — TheMLS
• 2008-01-31 Delisted — TheMLS
• 2007-11-06 Delisted — TheMLS
• 2007-11-06 Listed — TheMLS
• 2007-09-23 Price Changed — TheMLS
• 2007-08-17 Listed — TheMLS

Property tax history

+2.0%/yr

Latest (2025): $5,699 · +2.7% YoY. Source: county tax records.