3127 Arrowhead Drive, Los Angeles, California 90068, Los Angeles, 90068 - 4 bed, 3 bath

3127 Arrowhead Drive
Los Angeles, California 90068
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3127 Arrowhead Drive Subject | $2,095,000* List Price | 4 | 3 | 2,763 | $841 | - |
A 3270 Benda Street Sold | $1,760,000 | 4 | 3 | 3,087 | $570 | 0.9 mi |
B 6105 Mulholland Highway Active | $2,250,000 List Price | 3 | 4 | 2,515 | $895 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1977, the property is well-maintained but remains largely in its original state. The kitchen features dated dark wood cabinetry, white tile countertops, and older appliances, while the bathrooms and living areas show signs of age with 1970s-style fixtures and older carpeting. While the home is functional and livable, it requires significant cosmetic modernization and system updates to meet current luxury standards for the Lake Hollywood area.
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 = 17638, living area = 2763.
- Iconic Views & Location
Situated in the exclusive Lake Hollywood Estates, the property offers rare, unobstructed views of the Hollywood Sign and Cahuenga Peak, providing a quintessential Los Angeles living experience.
- Significant Value-Add Potential
With an expansive 17,638 SF lot and a 1970s structure, this property presents a major opportunity for developers or owner-users to create a high-end custom estate with substantial equity upside.
CONSRISKS & DEFICIENCIES
- Modernization Required
Built in 1977, the home likely requires extensive interior updates and system modernizations to meet the standards of today's luxury buyers in this price point.
- Topography Constraints
While the lot is large, the canyon-side location and hillside topography may limit the usable flat yard space or increase the complexity and cost of future structural expansions.
About 3127 Arrowhead Drive
Nestled in the exclusive Lake Hollywood Estates directly beneath the iconic Hollywood Sign, this is a rare hidden-gem opportunity with extraordinary upside and quintessential Los Angeles living at its finest. Set on an expansive 17,638 SF lot and bordered by a serene pine-filled canyon, the home enjoys unobstructed Hollywood Sign views from both inside and out, creating a true mountain retreat feel in the heart of the city. The existing 4 bed 3 bath residence features generous living and dining spaces, a large kitchen that opens to a family room with fireplace and wet bar, and all bedrooms upstairs including a spacious primary suite with deck access and sweeping canyon vistas. The private backyard is designed for entertaining with a pool, spa, and breathtaking views of the Sign and Cahuenga Peak. The home offers incredible potential to be transformed into something truly special in one of Los Angeles' most sought-after neighborhoods, just minutes from major studios, dining, shopping, and scenic hiking trails.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 17,638 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 • 1.0 mi
Cheremoya Avenue Elementary School
Grades K-6 • 1.5 mi
Selma Avenue Elementary School
Grades K-6 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,763 | 2,363 | 60% |
| Lot Size | 17,638 | 6,973 | 88% |
| Price | $2.10M | $1.90M | 58% |
| Price per sq ft | $758 | $879 | 33% |
| Built year | 1977 | 1951 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 176 | 1% |
Pricing History
Listed for Sale
Feb 12, 2026
$2,095,000
Initial Listing


























