3118 Goodview Trail, Los Angeles, California 90068, Los Angeles, 90068 - 2 bed, 1 bath
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3118 Goodview Trail
Los Angeles, California 90068
ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
1Baths
736Sq Ft
8,341Lot Size
Property Price
LIST PRICE$999,000
EST. MARKET VALUE
$1,045,694
4% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $999,000—positioned well below the $1,050,169 Fair Market Value by 4%. This valuation gap offers $51,169 in Instant Equity. Featuring a Condition Rating of 4, the home offers panoramic city and mountain views and a private patio with a rock waterfall. With its generous 8,341 sqft lot, this is an ideal Buy-and-Hold Investor asset or a unique project for Owner-Occupants seeking a creative retreat.
Estimated Market Value
$1,045,694+$46,694 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3118 Goodview Trail Subject | $999,000* List Price | 2 | 1 | 736 | $1,421 | - |
A 3124 Goodview Active | $919,000 List Price | 1 | 1 | 695 | $1,322 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Originally built in 1941, the property shows signs of partial maintenance but remains dated. While the kitchen includes newer stainless steel appliances and a modern mini-split HVAC system has been installed, the cabinetry, small footprint, and overall interior finishes appear to be over 20 years old. It is functional and move-in ready but requires cosmetic and system updates to meet modern standards.
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 = 8341, living area = 736.
- Iconic Views and Location
Situated in the prestigious Hollywood Hills on a private cul-de-sac, the property offers breathtaking panoramic views of the city and the iconic Hollywood sign.
- Exceptional Privacy
Marketed as an extremely private creative retreat, the home features a secluded patio with a rock waterfall and pond, perfect for those seeking tranquility near major studios.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- Limited Living Space
At only 736 square feet with a single bathroom, the interior living area is quite restrictive and may not accommodate buyers looking for traditional family-sized homes.
- Vintage Infrastructure
Built in 1941, the property may require significant updates to its aging systems and structural components to meet modern hillside building standards.
About 3118 Goodview Trail
Nestled in the iconic Hollywood Hills and view of Hollywood sign, this Birds eye view property has breathtaking panoramic views of the city and surrounding landscape. Great condo alternative on a cul-de-sac and private street. Extremely Private. Wood floors, lots of window, kitchen with stainless steel appliances. Living Room with Fireplace. Perfect for a private creative retreat, or investment opportunities. Private Patio with rock waterfall and pond. Moments away from studios, restaurants and freeways.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 8,341 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 • 0.3 mi
8/10
Gardner Street Elementary School
Grades K-6 • 1.7 mi
7/10
Rio Vista Elementary School
Grades K-5 • 1.9 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 736 | 1,664.159 |
| Lot Size | 8,341 | 6,066.556 |
| Price | $999.0K | $1.35M |
| Price per sq ft | $1.4K | $806 |
| Built year | 1941 | 1939 |
| HOA | $0 | $278 |
| Days on market | 46 | 55 |
Pricing History
Listed for Sale
Jul 25, 2026
$999,000
Initial Listing