1923 Hollyvista, Los Angeles, California 90027, Los Angeles, 90027 - 3 bed, 3 bath
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Los Angeles, California 90027
This High-Potential Value-Add Asset is listed at $1,900,000, representing a stable entry point at its $1,900,000 Fair Market Value. While currently holding a Fair Condition Rating due to deferred maintenance, the property offers immense upside through renovation in the prime Los Feliz market. The residence features iconic City Lights and Hill Views and sits within the coveted Ivanhoe Elementary (9/10) boundary. Comparable sales suggest a higher valuation ceiling for renovated assets, making this short-sale a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1923 Hollyvista Subject | $1,850,000* List Price | 3 | 3 | 2,000 | $925 | - |
A 2235 Hyperion Avenue Sold | $1,950,000 | 3 | 3 | 1,832 | $1,064 | 0.3 mi |
B 3828 Tracy Street Sold | $1,995,000 | 4 | 3 | 1,970 | $1,013 | 0.2 mi |
C 2441 Lyric Avenue Sold | $1,640,000 | 3 | 3 | 2,484 | $660 | 0.1 mi |
D 2367 Ronda Vista Drive Sold | $2,120,000 | 2 | 2 | 1,855 | $1,143 | 0.1 mi |
E 4221 Hazel Kirk Drive Sold | $1,377,000 | 2 | 2 | 1,277 | $1,078 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this property is categorized as being in fair condition. The 'short sale' status and extremely limited showing access typically indicate a level of deferred maintenance and a lack of recent high-end renovations. While the home maintains its structural integrity and functional layout, the interior finishes, kitchen appliances, and bathroom fixtures appear dated, likely reflecting styles from 20+ years ago. It requires minor updates and cosmetic repairs to meet modern standards for the Los Feliz area.
Elementary School: Ivanhoe Elementary School (9/10).
Situated in the prestigious 90027 zip code, this property offers proximity to top-rated schools like Ivanhoe Elementary and John Marshall High, significantly boosting its investment appeal.
The property features sought-after views of the city lights and surrounding hills, a high-value amenity that is a hallmark of premium Los Feliz hillside real estate.
The requirement for short sale approval introduces significant transaction risk, including potentially lengthy timelines and the uncertainty of lender price acceptance.
Extremely restricted access and a 'no access' policy outside of a single two-hour window hinder the ability for comprehensive buyer inspections and due diligence.
SEEKING INVESTOR. Back on the market, with Stunning Views of the Obervervatory this home will not last, Listed to Sell. Actual Value came in at 2.1M. CASH ONLY
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,000 | 2,561 | 29% |
| Lot Size | 4,567 | 6,898 | 19% |
| Price | $1.85M | $2.23M | 30% |
| Price per sq ft | $925 | $985 | 39% |
| Built year | 1952 | 1938 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 218 | 183 | 74% |
Mar 18, 2026
$1,850,000
$1,900,000
-3% Price Drop
Initial Listing
Feb 24, 2026
$1,900,000
$1,600,000
+19% Price Increase
Initial Listing
Oct 7, 2025
$1,600,000
$2,050,000
-22% Price Drop
Initial Listing
Sep 16, 2025
$2,050,000
Initial Listing
Mar 11, 2022
$1,570,000
Public Record