1227 Corona Drive
About This Property
Rare Two-Lot Property with Unparalleled Mountain & City Views!
Perched atop two rare adjoining lots, this exceptional midcentury modern retreat offers unobstructed, panoramic views from nearly every room-an absolute standout in today's market. Located in the coveted Adams Hill neighborhood, this home delivers an unmatched combination of space, privacy, and architectural charm.
Inside, floor-to-ceiling windows frame breathtaking vistas of Griffith Observatory, Glendale, La Canada, and beyond, filling the home with natural light. The open-concept living area boasts beautiful hardwood floors, high ceilings, and seamless indoor-outdoor flow. A chef's kitchen, complete with premium appliances, granite countertops, and a built-in wine cooler, makes this home perfect for entertaining.
Downstairs, you'll find three spacious bedrooms, two stylishly updated bathrooms, and a dedicated laundry area. The primary suite offers serene mountain views and a tranquil retreat from city life. Outside, the expansive patio and lush garden feature mature lemon, lime, tangerine, and pomegranate trees, plus a private grassy area-ideal for pets or relaxation.
With its rare double-lot advantage, endless potential, and unbeatable location, this home is a one-of-a-kind opportunity in L.A.'s thriving 2025 market. Don't miss your chance-schedule your private showing today!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| May 17, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Listed by Real Brokerage Technologies, Inc | $1,287,000 | |
| Listed by Real Brokerage Technologies, Inc | |||
| Mar 7, 2024 | No longer available | - | |
| No longer available | |||
| Feb 19, 2024 | Listed by eXp Realty of California, Inc. | $1,399,000 | |
| Listed by eXp Realty of California, Inc. | |||
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Discover unparalleled luxury and comfort in this exceptional two-tract home, strategically located on the Glendale side of the coveted Adams Hill neighborhood. Boasting a unique fusion of contemporary design and outdoor living, this gem offers breathtaking views from the living room, kitchen, and two of its three bedrooms.
Elevate your lifestyle with this thoughtfully designed 3-bedroom, 2 ½-bath residence adorned with hardwood floors throughout. Nestled at the top of a serene, winding road, this home provides a tranquil escape while being conveniently close to the vibrant neighborhoods of Atwater Village, Glassell Park, and Eagle Rock.
The top floor invites you to indulge in the panoramic views from the living room, dining room, and a galley kitchen equipped with top-of-the-line appliances, including an induction-electric stove, Fisher Paykel built-in refrigerator, and a 32-bottle wine cooler. Imagine entertaining on the expansive balcony that runs the width of the home.
The lower level houses all bedrooms, including a master and primary bedroom with en-suites and built-in closets. The third bedroom offers not only ample storage but also some of the most captivating views in the house. Experience the convenience of a new tankless water heater and a smart garage door opener that can be controlled via app and linked to your Amazon account for secure package delivery.
The exterior features a lush yard with a variety of fruit trees – lemon, lime, tangerine, and pomegranate – complemented by a generous grassy area for outdoor living. Originally two lots combined into one, the property allows for future expansion or the addition of an ADU for potential rental income.
Immerse yourself in the quintessential Adams Hill lifestyle, where tranquility meets modern living. Seize this opportunity to own a home that transcends expectations, offering not just a residence but a haven of sophistication and panoramic beauty. The manager has listed the unit size as 1432 square feet.
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About Adams Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017