
Los Angeles, California 90027
This High-Potential Investment Opportunity is listed at $3,799,000, positioned above the $3,244,268 Fair Market Value. While priced for the premium Los Feliz market, the property features a Condition Rating of 4, indicating significant potential for value-add cosmetic modernization. The residence offers a resort-style backyard with a heated pool and sauna, complemented by proximity to top-rated schools like Ivanhoe Elementary. This estate is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to customize a Mediterranean estate in a premier location.
Property is moderate renovation needed.
The property was rebuilt in 1995, making the major systems and interior finishes approximately 31 years old. While the home is well-maintained and functional, the aesthetic is significantly dated, featuring 1990s-style green marble, gold-tone fixtures, and fluted sinks. The dual-zone HVAC and premium appliances are likely nearing the end of their typical service life, and the property requires cosmetic modernization to meet current luxury standards.
Elementary School: Ivanhoe Elementary School (9/10).
The private backyard is a premier entertainer’s paradise, featuring a heated pool, built-in BBQ, wet bar, sauna, and outdoor bathroom, offering a luxury resort experience at home.
Ideally situated in one of LA’s most prestigious neighborhoods, the property offers immediate access to Griffith Park, the Greek Theatre, and the vibrant dining and shopping of Los Feliz.
For a home exceeding 3,500 square feet at a $3.8M price point, having only three dedicated bedrooms may limit appeal for larger families or buyers requiring more sleeping quarters.
The 6,502-square-foot lot is relatively modest for an estate of this caliber, leaving little traditional green space or lawn area once the pool and hardscaping are factored in.
Nestled in the prestigious neighborhood of Los Feliz, this custom Mediterranean estate seamlessly blends timeless elegance with exceptional comfort. Rebuilt in 1995, this impressive residence offers 3 bedrooms, 4 bathrooms, and a dedicated office that can easily be converted into a 4th bedroom, providing flexibility for today’s lifestyle. Step through the grand custom wrought-iron doors and experience a home designed for sophisticated living. The expansive living room showcases soaring ceilings, abundant natural light, and a stunning marble fireplace, flowing effortlessly into the formal step-up dining area. Designed for both everyday living and entertaining, the spacious family room features a wet bar, while the chef’s kitchen is equipped with granite countertops, a large center island, and premium built-in appliances. A dramatic staircase leads to the upper level, where the luxurious primary suite serves as a private retreat. Complete with a cozy fireplace, oversized walk-in closet with custom built-ins, and a spa-inspired bathroom featuring a large walk-in shower and soaking tub, this sanctuary offers the ultimate in relaxation. Step outside to your own resort-style entertainer’s paradise. The private backyard boasts a sparkling heated pool, built-in BBQ area, wet bar, outdoor bathroom, and sauna—creating the perfect setting for unforgettable gatherings or peaceful evenings at home. Additional highlights include custom wood flooring, dual-zone HVAC systems, dual-pane windows, and quality craftsmanship throughout. Ideally situated just moments from the renowned dining and shopping destinations of Los Feliz, as well as Griffith Park, Greek Theatre, and Barnsdall Art Park, this exceptional residence offers luxury living in one of Los Angeles’ most sought-after neighborhoods.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.6 mi
Grades K-2 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,574 | 1,672 |
| Lot Size | 6,502 | 6,067 |
| Price | $3.80M | $1.37M |
| Price per sq ft | $1.1K | $801 |
| Built year | 1921 | 1939 |
| HOA | $0 | $348 |
| Days on market | 36 | 56 |
Jun 16, 2026
$3,799,000
Initial Listing
Oct 23, 2000
$654,500
Public Record
Apr 30, 1996
$400,000
Public Record