
Los Angeles, California 90068
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,495,000—positioned well below the $1,720,486 Fair Market Value by 13%. This valuation gap offers $225,486 in Instant Equity. Featuring a Condition Rating of 2 with a 2021 gourmet kitchen renovation, the home offers a private pool, expansive deck, and flexible garage studio. Located near the 8-rated Valley View Elementary, this property balances lifestyle luxury with financial upside, making it an ideal acquisition for Owner-Occupants or discerning investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3126 Oakcrest Drive Subject 3 bd · 2 ba · 1,412 sqft · $1,218 | $1,495,000* List Price | 3 | 2 | 1,412 | $1,218 | - |
A 3177 Lake Hollywood Drive Sold 3 bd · 2 ba · 1,685 sqft · $1,068 · 0.5 mi | $1,800,000 | 3 | 2 | 1,685 | $1,068 | 0.5 mi |
B 3640 Multiview Drive Sold 2 bd · 2 ba · 1,618 sqft · $1,184 · 0.9 mi | $1,915,000 | 2 | 2 | 1,618 | $1,184 | 0.9 mi |
C 3209 Bennett Drive Active 3 bd · 2 ba · 1,442 sqft · $801 · 0.1 mi | $1,155,000 List Price | 3 | 2 | 1,442 | $801 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a major renovation in 2021 (less than 5 years ago), featuring a new gourmet kitchen with Bosch appliances, fully remodeled bathrooms, and updated systems including smart lighting and mini-split HVAC.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8002, living area = 1412.
Extensive upgrades completed since 2021, including a gourmet Bosch kitchen and remodeled bathrooms, ensure a modern, turnkey living experience for the buyer.
The 8,002-square-foot lot features a secluded backyard with a sparkling pool, firepit, and mature privacy landscaping, ideal for quintessential Southern California indoor-outdoor entertaining.
With 1,412 square feet of living space distributed across three bedrooms, the interior proportions may feel constrained for buyers accustomed to larger hillside estates.
The conversion of the garage into a finished bonus room reduces traditional covered parking capacity, which may be a drawback for households with multiple vehicles in a hillside setting.
Set along a peaceful cul-de-sac in the Hollywood Hills and surrounded by lush greenery, this beautifully updated residence feels like a private retreat in the heart of Los Angeles. Set back from the street on an 8,002-square-foot lot, the home pairs bright, refined interiors with an exceptional backyard designed for long afternoons by the pool, evenings around the fire, and effortless indoor-outdoor living. Major upgrades completed since 2021, including a new gourmet kitchen, remodeled bathrooms, dimmable smart lighting fixtures, and mature privacy landscaping, bring a fresh perspective to the serene hillside setting. Inside, an open floor plan draws abundant natural light through oversized windows and a broad sliding glass door framing the backyard. The spacious great room brings living, dining, and kitchen spaces together in a natural flow, creating an inviting setting for both everyday life and entertaining. At its center, the redesigned kitchen is clean and considered, with oak cabinetry, generous pantry storage, seamless stone countertops and backsplash, high-end Bosch appliances, and a large seated island with a prep sink. Three sunlit bedrooms enjoy leafy treetop outlooks, including a tranquil primary suite that opens directly to a private deck. Its remodeled en suite bathroom features a newly tiled glass-enclosed shower, updated vanity, and contemporary fixtures, while the second full bathroom has been similarly refreshed. Outside, the property takes on the atmosphere of a secluded hillside hideaway. Mature hedging surrounds a sparkling swimming pool, while olive and citrus trees add to the verdant setting. Manicured turf, paver pathways, and a generous poolside patio create distinct spaces to gather and unwind. An expansive wood deck extends along the rear of the home with ample room for outdoor dining and lounging, complemented by a gas firepit and built-in outdoor shower. The lower level adds another dimension of versatility, with an interior-access utility room featuring side-by-side laundry and substantial storage. The attached garage has been thoughtfully finished with LVP wood flooring, mini-split air conditioning, and a built-in bonus room, creating flexible possibilities for a private office, creative studio, workshop, or one-car parking. Quietly positioned in the Hollywood Hills yet exceptionally connected to the city, 3126 Oakcrest Drive is just minutes from major studios, the Hollywood Bowl, the highly rated Valley View Elementary, and the restaurants, shopping, and cultural attractions along Cahuenga, Ventura, and Hollywood Boulevards. Adding a quintessentially LA touch, one of the city's historic "Secret Stairs," the Oakcrest-Woodrow Wilson Stairs, is tucked at the end of the cul-de-sac, connecting to the surrounding hillside neighborhood and a network of scenic walking routes with sweeping outlooks. Experience a compelling combination of privacy, outdoor living, neighborhood character, and quick access to some of the city's most iconic destinations.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 1.8 mi
Grades K-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,412 | 1,670.836 |
| Lot Size | 8,002 | 6,152.156 |
| Price | $1.50M | $1.34M |
| Price per sq ft | $1.1K | $807 |
| Built year | 1975 | 1941 |
| HOA | $0 | $238 |
| Days on market | 32 | 56 |
Oct 8, 2026
$1,495,000
Initial Listing
Apr 5, 2021
$1,400,000
Public Record
Sep 24, 2012
$690,006
Public Record
Apr 27, 2012
$415,004
Public Record