
Los Angeles, California 90004
This Turnkey Spanish-style Residence is a Strong Value Opportunity, listed at $3,270,000—positioned well below the $3,301,031 Fair Market Value by 0.94%. This valuation gap offers $31,031 in Instant Equity. Featuring a Mint Condition Rating, the property includes a Luxury ADU and a Private Patio. Zoned for Top-Rated Schools like Third Street Elementary, this home offers a rare blend of historic charm and modern utility. It is an ideal acquisition for Owner-Occupants or Multi-Generational Families seeking a premium Hancock Park lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 268 S Arden Blvd. Subject | $3,270,000* List Price | 5 | 6 | 4,094 | $813 | - |
A 163 S Larchmont Boulevard Sold | $3,915,000 | 5 | 4 | 3,921 | $998 | 0.2 mi |
B 268 S Norton Sold | $2,290,000 | 5 | 4 | 3,779 | $606 | 0.5 mi |
C 543 N June Street Sold | $3,872,051 | 4 | 4 | 3,845 | $1,007 | 1.0 mi |
D 588 N Gower Street Sold | $2,650,000 | 5 | 4 | 3,136 | $845 | 0.9 mi |
E 536 N Arden Boulevard Sold | $3,750,000 | 4 | 5 | 4,270 | $878 | 0.8 mi |
F 111 S Wilton Place Sold | $2,300,000 | 4 | 4 | 2,880 | $799 | 0.7 mi |
G 310 N Lucerne Boulevard Active | $3,690,000 List Price | 5 | 5 | 4,400 | $839 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1920, the property has undergone a comprehensive high-end remodel within the last 5 years. The interior features a modern chef's kitchen with premium cabinetry, updated bathrooms with contemporary fixtures and tile work, and a newly constructed luxury ADU. The presence of an EV charger and recessed lighting indicates modernized electrical systems, placing it in mint, move-in condition.
The property includes a substantial 1,344 sq. ft. newly built ADU with a separate address and water meter, offering rare flexibility for high-end rental income, multi-generational living, or a private home office.
As a Historical Contributing Spanish-style home, this residence preserves 1920s architectural integrity while featuring comprehensive modern remodels, providing a turnkey experience in the prestigious Hancock Park neighborhood.
The property is zoned for highly-regarded public schools, including Third Street Elementary (Rating 8) and John Burroughs Middle School (Rating 7), which serves as a significant driver for long-term property value.
Being designated as a Historical Contributing home may subject the owner to strict HPOZ guidelines, limiting the ability to make significant exterior modifications or architectural changes.
The footprint of the large 1,344 sq. ft. ADU likely consumes a significant portion of the lot, potentially reducing the amount of private, open backyard space available for the main residence.
*MOTIVATED Seller* A rare opportunity to own a beautifully remodeled Los Angeles Historical Contributing Spanish-style home with a luxury ADU in the heart of Hancock Park. The main residence at 268 S Arden Blvd, Los Angeles, CA 90004 offers approximately 2,750 sq. ft. and blends timeless Spanish character with modern upgrades. The property also includes a newly built high-end ADU at 4985 W 3rd St, Los Angeles, CA 90020, offering approximately 1,344 sq. ft. with 2 spacious primary suites, 1.5 bathrooms, a modern kitchen, living area, and private entrance. The ADU has its own separate address and separate water meter, making it ideal for extended family, guests, or potential rental income. This unique Hancock Park property offers the perfect combination of historic charm, modern luxury, prime location, and exceptional flexibility. A truly rare offering one of Los Angeles’ most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 73% |
| Baths | 6.0 | 4.0 | 95% |
| Square foot | 4,094 | 2,371.5 | 88% |
| Lot Size | - | 6,998 | 3% |
| Price | $3.27M | $1.93M | 75% |
| Price per sq ft | $799 | $957 | 43% |
| Built year | 1920 | 1923 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 146 | 5% |
May 8, 2026
$3,270,000
Initial Listing
Jan 29, 2020
$1,701,000
Public Record
Jan 22, 2018
$1,899,000
Public Record
Nov 21, 1994
$310,000
Public Record