3015 Arrowhead Drive, Los Angeles, California 90068, Los Angeles, 90068 - 3 bed, 3 bath
3015 Arrowhead Drive
Los Angeles, California 90068
Property Price
SUMMARY
Analysis of 3015 Arrowhead Drive, Los Angeles, California 90068 reveals a Fairly Priced Property with a current list price of $1,850,000 aligned with the estimated $1,850,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3015 Arrowhead Drive Subject | $1,850,000* List Price | 3 | 3 | 2,101 | $881 | - |
A 3102 Durand Drive Sold | $1,630,000 | 3 | 2 | 2,043 | $798 | 0.3 mi |
B 6240 Mulholland Highway Sold | $1,389,000 | 3 | 4 | 2,013 | $690 | 0.4 mi |
C 3204 N Beachwood Drive Sold | $2,300,000 | 3 | 4 | 2,256 | $1,020 | 0.7 mi |
D 2515 Canyon Drive Sold | $1,410,000 | 3 | 2 | 1,690 | $834 | 0.9 mi |
E 5911 Canyon Heights Lane Sold | $1,760,000 | 3 | 3 | 1,734 | $1,015 | 0.9 mi |
F 6469 Rodgerton Drive Sold | $2,300,000 | 3 | 3 | 2,924 | $787 | 0.3 mi |
G 3042 N Beachwood Drive Active Under Contract | $1,874,900 List Price | 3 | 3 | 1,932 | $970 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1974, this property is move-in ready with significant updates. The kitchen features modern white shaker cabinets, quartz countertops, and updated appliances. The primary en-suite bathroom has been extensively remodeled to an excellent standard with a freestanding tub, large glass shower, and modern finishes. Hardwood floors and recessed lighting are present throughout much of the home. While the second bathroom is functional but shows signs of being outdated, and the listing notes potential for older systems (HVAC, electrical, plumbing) and no explicit mention of central cooling, the overall condition and recent renovations in key areas elevate it to a 'Good' rating, indicating it's well-maintained with minimal wear and tear.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9600, living area = 2101.
- Exceptional Location
Situated in the highly desirable Lake Hollywood Estates, offering a serene and prime Hollywood Hills address on a quiet street, which is a significant draw for buyers.
- Classic Architectural Appeal & Layout
A charming Traditional home with a spacious floor plan, hardwood floors, formal living room with fireplace, formal dining room, and a family room, providing a timeless and functional living space.
CONSRISKS & DEFICIENCIES
- Significant Price Adjustments
The property has undergone multiple price reductions from its original list price of $2.15M to $1.85M, which may suggest initial overpricing or market resistance.
- Potential for System Updates
Built in 1974, while having 'classic appeal,' the property may require updates to older systems such as HVAC, electrical, or plumbing, as only the primary bath is explicitly mentioned as 'remodeled.'
- Absence of Central Cooling System Mentioned
The description does not explicitly mention a central cooling system, which could be a significant drawback for buyers in the Los Angeles climate, especially for a home of this caliber and price point.
About 3015 Arrowhead Drive
New Price!!! Charming Traditional in Lake Hollywood Estates*This 3 Bedroom, 2.5 Bath home offers classic appeal in one of the most desirable pockets of the Hollywood Hills. Set on a quiet street, the home features a spacious floor plan with hardwood floors a formal living room with fireplace, formal dining room and a bright kitchen with breakfast area. Family room with Sliders out to Manicured rear yard, perfect for relaxing and/or entertaining. The primary suite included a walk-in closet and a generous remodeled en-suite bath. 2 car garage and laundry room. A rare opportunity to own a timeless home in a prime serene location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 9,600 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Valley View Elementary School
Grades K-6 • 0.9 mi
Cheremoya Avenue Elementary School
Grades K-6 • 1.4 mi
Selma Avenue Elementary School
Grades K-6 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,101 | 2,321 | 41% |
| Lot Size | 9,600 | 6,972.5 | 66% |
| Price | $1.85M | $1.90M | 47% |
| Price per sq ft | $881 | $880 | 50% |
| Built year | 1974 | 1950 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 179 | 178 | 53% |
Pricing History
Listed for Sale
Feb 4, 2026
$1,850,000
$1,950,000
-5% Price Drop
Initial Listing
Price Change
Oct 2, 2025
$1,950,000
$2,150,000
-9% Price Drop
Initial Listing
Price Change
Sep 8, 2025
$2,150,000
Initial Listing
Sold
Nov 30, 2021
$1,775,000
Public Record