
Los Angeles, California 90068
This 1940s Spanish ranch presents a High-Potential Investment Opportunity, listed at $1,990,000—positioned well above the $1,573,659 Fair Market Value by -26%. While the property requires modernization to meet contemporary luxury standards, its Fair Condition Rating and authentic architectural character—including post-and-beam ceilings and sweeping canyon views—provide a solid foundation. The expansive 17,644 sqft lot offers significant upside for value-add renovations. This unique Outpost Estates property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable sanctuary.
Property is moderate renovation needed.
Built in 1941, this property is well-maintained but clearly dated. The bathroom and kitchen finishes suggest a renovation that is likely 20-30 years old, featuring older cabinetry and fixtures. While the home retains great architectural character and is move-in ready, it requires cosmetic and likely system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17644, living area = 1694.
Situated in the prestigious Outpost Estates with a gated drive and sweeping canyon views, this property offers exceptional seclusion while remaining minutes from the Sunset Strip and Hollywood Bowl.
This 1940s Spanish ranch features authentic period details, including a Spanish tile roof, stone flooring, and post-and-beam ceilings, providing a timeless aesthetic highly sought after in the Hollywood Hills.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With 44 days on the market and a recent price reduction from $2.1M to $1.99M, the property is currently navigating a price correction to align with buyer expectations.
Built in 1941, the home may require updates to its core systems or interior finishes to meet the standards of contemporary luxury buyers, potentially increasing the total cost of ownership.
Atop a gated drive, in one of LA's most fabled neighborhoods, this 1940's Spanish ranch embodies the storied life of the hills. Sweeping views of the canyon and scarcely a neighbor in sight, it offers privacy from - and proximity to - the city. Moments from the Sunset Strip, the Hollywood Bowl, WeHo or the Valley. Spanish tile roof, stone floors, post & beam ceilings - the architectural character for which Outpost is known. 2 Bedrooms open out to terraces and a deck, 2 additional rooms on the other side of the house offer the flexibility to create an office/den/studio or another bedroom option. The perfect place to pen an opus, record an album, or retreat to - before the next dance. A timeless sanctuary in search of its next steward.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,694 | 1,664.159 |
| Lot Size | 17,644 | 6,066.556 |
| Price | $1.99M | $1.35M |
| Price per sq ft | $1.2K | $806 |
| Built year | 1941 | 1939 |
| HOA | $0 | $278 |
| Days on market | 98 | 55 |
Jul 14, 2026
$1,990,000
$2,100,000
-5% Price Drop
Initial Listing
Jun 3, 2026
$2,100,000
Initial Listing
Oct 23, 2003
$1,130,000
Public Record