
Los Angeles, California 90068
This Historical Craftsman Compound is a Strong Value Opportunity, listed at $2,395,000—positioned slightly above the $2,366,837 Fair Market Value. Featuring a Condition Rating of 2, this property offers a turnkey experience with a renovated cook's kitchen and a separate guest house. The home provides significant lifestyle benefits, including proximity to Franklin Village and access to highly-rated schools like Valley View Elementary. With its Mills Act eligibility offering substantial tax savings, this is an ideal acquisition for Owner-Occupants or Investors seeking a unique, income-producing historical asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1922 Taft Avenue Subject 5 bd · 4 ba · 3,081 sqft · $768 | $2,395,000* List Price | 5 | 4 | 3,081 | $768 | - |
A 6234 Scenic Avenue Sold 4 bd · 3 ba · 2,332 sqft · $901 · 0.6 mi | $2,101,000 | 4 | 3 | 2,332 | $901 | 0.6 mi |
B 2518 Canyon Drive Sold 3 bd · 3 ba · 2,395 sqft · $1,010 · 0.7 mi | $2,418,815 | 3 | 3 | 2,395 | $1,010 | 0.7 mi |
C 2439 Creston Way Sold 3 bd · 2 ba · 2,791 sqft · $992 · 0.8 mi | $2,770,000 | 3 | 2 | 2,791 | $992 | 0.8 mi |
D 2229 Willetta Street Sold 3 bd · 3 ba · 2,305 sqft · $998 · 0.8 mi | $2,300,000 | 3 | 3 | 2,305 | $998 | 0.8 mi |
E 1900 Taft Active 5 bd · 5 ba · 3,026 sqft · $562 · 0.0 mi | $1,700,000 List Price | 5 | 5 | 3,026 | $562 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1915 build date, the property features a brand new fully tiled primary bath and a recently updated cook's kitchen with modern stainless steel appliances and stone counters. The home shows mint condition with newly landscaped grounds, refinished hardwoods, and a fully updated guest house, meeting the criteria for a high-end recent renovation.
This historical property qualifies for the Mills Act, potentially providing the owner with substantial property tax savings of 40% to 60% each year.
The property features a separate two-room guest house with a full kitchen and bath, offering excellent potential for a creative studio, home office, or rental income.
A rare 1915 Craftsman gem that retains its original character, including wide crown moldings, built-ins, and period windows, while featuring a modern updated cook's kitchen.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3081, other record living area = 2473.
Being located in a Historical Preservation Overlay Zone (HPOZ) means any exterior renovations or upgrades are subject to strict regulatory oversight and approval.
While some nearby elementary schools are highly rated, the local middle schools have significantly lower ratings, which may be a concern for families with school-aged children.
Located in the heart Los Feliz' only Historical Preservation Zone, this circa 1915 Historical Craftsman gem is an architectural centerpiece of the storied enclave, and with its separate guest house, serves as a creative mini compound. 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 | 1,670.836 |
| Lot Size | 6,893 | 6,152.156 |
| Price | $2.40M | $1.34M |
| Price per sq ft | $777 | $807 |
| Built year | 1915 | 1941 |
| HOA | $0 | $238 |
| Days on market | 18 | 56 |
Oct 22, 2026
$2,395,000
Initial Listing
May 22, 1998
$332,500
Public Record