
Los Angeles, California 90068
This 1915 Prairie-style mini-compound represents a Strong Value Opportunity, listed at $2,595,000—positioned slightly above the $2,578,752 Fair Market Value. While not a discount play, the property offers significant long-term financial upside through the Mills Act, which provides substantial annual property tax savings. Featuring a Mint Condition Rating with a modernized guest house, updated kitchen, and spacious deck, this home balances historical character with turnkey luxury. It is an ideal acquisition for Owner-Occupants seeking a creative compound or sophisticated buyers prioritizing architectural heritage and tax-advantaged living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1922 Taft Avenue Subject | $2,485,000* List Price | 5 | 4 | 3,081 | $806 | - |
A 5712 Spring Oak Drive Sold | $3,200,000 | 5 | 5 | 3,320 | $964 | 0.8 mi |
B 6234 Scenic Avenue Sold | $2,101,000 | 4 | 3 | 2,332 | $901 | 0.6 mi |
C 5682 Spreading Oak Drive Sold | $2,195,000 | 3 | 3 | 2,834 | $775 | 0.5 mi |
D 2229 Willetta Street Sold | $2,300,000 | 3 | 3 | 2,305 | $998 | 0.8 mi |
E 6420 Quebec Drive Sold | $2,050,000 | 4 | 4 | 2,824 | $726 | 1.0 mi |
F 2201 N Willetta Avenue Sold | $2,183,000 | 3 | 2 | 2,109 | $1,035 | 0.9 mi |
G 2146 Beachwood Terrace Active | $1,995,000 List Price | 6 | 4 | 3,032 | $658 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1915, the property has undergone significant recent renovations including a brand new fully tiled primary bath and an updated cook's kitchen. The guest house is also fully modernized, and the overall condition is mint with high-end finishes and new landscaping, fitting the criteria for a high-quality renovation within the last 5 years.
This 1915 Prairie style masterpiece features meticulously preserved original details, including wide crown moldings and built-ins, offering rare historical character within a designated Preservation Zone.
The property qualifies for the Mills Act, providing a significant financial advantage through potential property tax savings of 40% to 60% annually.
The layout includes a separate, self-contained guest house with a full kitchen and bath, offering excellent flexibility for rental income, a creative studio, or multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3075, other record living area = 2473.
Being located in a Historical Preservation Overlay Zone (HPOZ) means any exterior renovations or alterations are subject to strict regulatory guidelines and approval processes.
While the local elementary schools are highly rated, the assigned middle schools in the area have significantly lower performance scores, which may concern education-focused buyers.
Located in the heart Los Feliz' only Historical Preservation Zone, this circa 1915 Prairie style gem is an architectural centerpiece of the storied enclave, and with its separate guest house, serves as a creative mini compound. Prairie style, uniquely American, was inspired by the work of Louis Sullivan and Frank Lloyd Wright, and was an intentional break from traditional Victorian Era styles and earlier styles of European classical architecture. The alluring curb appeal of this property gives way to large shady front porch, and oversized front door leads directly to double living room with stone fireplace, and massive open dining room with stunning original built-in and private side porch. Updated cook's kitchen features separate breakfast room with built-in and breakfast bar, plus there is a full separate laundry room. Two full suites occupy the main floor, including guest suite, and gorgeous primary suite with hallway, brand new fully tiled bath and spacious bedroom, opening to a large deck with French doors-- all overlooking the newly landscaped back yard. Upstairs are 3 more character bedrooms and a full guest bath. The back yard features deck, patios, grassy yard and separate guest quarters: with a two-room structure with full kitchen and three-quarter bath. This spectacular home is rich with original detail including: intact original rooms, stunning wide crown moldings, panels, built-ins, high ceilings, original registers, fireplace, and a myriad of well-preserved original windows and French doors, allowing copious natural sunlight to envelop the rooms. Ideally situated within short walking distance to the chic and trendy restaurants and shops of Franklin Village, including Oaks Gourmet and Gelsons, plus Griffith Park and downtown Hollywood. Enjoy quiet and privacy at home and step out into the city when you are ready for action! This historcal property qualifies for the Mills Act whose participants may realize substantial property tax savings of between 40% and 60% each year. Buyer to research Mills Act requirements.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.4 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,081 | 1,664.159 |
| Lot Size | 6,893 | 6,066.556 |
| Price | $2.48M | $1.35M |
| Price per sq ft | $807 | $806 |
| Built year | 1915 | 1939 |
| HOA | $0 | $278 |
| Days on market | 47 | 55 |
Aug 24, 2026
$2,485,000
$2,595,000
-4% Price Drop
Initial Listing
Jul 24, 2026
$2,595,000
Initial Listing
May 22, 1998
$332,500
Public Record