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

3127 Arrowhead Drive, Los Angeles, California 90068 home-pic-0

3127 Arrowhead Drive

Los Angeles, California 90068

ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,763Sq Ft
17,638Lot Size

Property Price

LIST PRICE$2,095,000
EST. MARKET VALUE
$2,323,969
9% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$2,323,969 +$228,969 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3127 Arrowhead Drive
Subject
$2,095,000*
List Price
432,763$841-
A
3270 Benda Street
Sold
$1,760,000433,087$5700.9 mi
B
6105 Mulholland Highway
Active
$2,250,000
List Price
342,515$8950.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

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

8/10

Cheremoya Avenue Elementary School

Grades K-6 • 1.5 mi

6/10

Selma Avenue Elementary School

Grades K-6 • 1.9 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
55%
Baths3.03.0
50%
Square foot2,7632,363
60%
Lot Size17,6386,973
88%
Price$2.10M$1.90M
58%
Price per sq ft$758$879
33%
Built year19771951
84%
HOA$0$0
50%
Days on market22176
1%

Pricing History

Listed for Sale

Feb 12, 2026

$2,095,000

Initial Listing

Browse Properties by State Browse housing market trends by state