
Los Angeles, California 90068
This Modernized Hollywood Hills Retreat is a Strong Value Opportunity, listed at $1,449,000—positioned well below the $1,554,425 Fair Market Value by 6%. This valuation gap provides $105,425 in Instant Equity. Boasting a Top-Tier Condition Rating, the home features a designer kitchen with quartz counters and a primary suite with Italian marble. The 7,606 sqft dual-access lot and detached guest workspace offer significant lifestyle flexibility and future development upside. Located near top-rated schools like Valley View Elementary, this is a premier choice for Owner-Occupants or Strategic Buyers seeking a turnkey asset with built-in growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3148 Barbara Court Subject | $1,349,000* List Price | 2 | 3 | 1,794 | $790 | - |
A 2775 Wright Lane Sold | $1,245,000 | 3 | 4 | 1,859 | $670 | 0.7 mi |
B 3468 Troy Drive Sold | $1,595,000 | 3 | 3 | 1,809 | $882 | 0.6 mi |
C 3261 N Knoll Drive Active | $1,749,950 List Price | 4 | 3 | 2,095 | $835 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1940, the property has undergone extensive recent renovations that meet modern luxury standards. The home features a fully updated galley kitchen with quartz countertops and a trendy accordion pass-through window, a primary suite with a high-end Italian marble ensuite and heated-seat toilet, and updated recessed lighting and wood flooring throughout. The inclusion of a detached guest workspace with a full bath further confirms the property's top-tier condition and recent modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7606, living area = 1794.
The property includes a detached guest workspace with a full bath, offering exceptional flexibility for a home office, creative studio, or guest accommodations.
Featuring an updated galley kitchen with an accordion pass-through window and multiple French doors leading to private patios, the home perfectly captures the seamless California lifestyle.
With only two bedrooms in the main residence, the property may have a narrower buyer pool, particularly among larger families or those requiring more traditional sleeping quarters.
While the lot offers expansion potential, navigating Hollywood Hills building codes and hillside ordinances can be complex and costly for any future construction projects.
HUGE PRICE ADJUSTMENT!!! INVESTOR VALUE / ADD OPPORTUNITY IN THE HOLLYWOOD HILLS. It will be sold AS-IS. Property sits on a large 7,606 sq ft lot. Located on a quiet street just minutes from studios, Universal Studios, the Hollywood Bowl, major freeways, dining, and entertainment, this light-filled home offers a rare chance to acquire a property with very strong upside in one of LA’s most desirable hillside neighborhoods. The interior already features many upgrades, providing a strong foundation for repositioning or customization. Highlights include soaring ceilings, wood flooring, and a refurbished floor-to-ceiling wood-burning fireplace with marble base. The dining area opens to an elevated patio and connects to an updated galley kitchen with quartz countertops, stainless steel appliances, pull-out cabinetry, glass display cabinets, and an accordion pass-through window designed for indoor-outdoor entertaining. The kitchen flows into a spacious family room with French doors leading to the backyard patio with ceiling speakers. The primary suite includes a convenient large closet, French doors to the yard, and an updated ensuite bath with marble flooring and a herringbone Italian marble walk-in shower. The lot offers multiple value-add possibilities (buyer to verify), including potential expansion of the primary suite and a detached guest workspace with full bath ideal for ADU conversion, future rental income, guest quarters, or creative studio. Rare secondary access from Bennett Drive provides additional privacy, parking flexibility, or future development potential and/or private entrance to access for ADU potential. (buyer to verify). Prime location + flexible layout + existing interior upgrades = exceptional opportunity to add value in a high-demand hillside market. SELLER IS READY to get this SOLD!" Call Edie for a showing and/or additional details.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-5 • 1.8 mi
Grades K-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 21% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,794 | 2,394 | 27% |
| Lot Size | 7,606 | 7,163.5 | 55% |
| Price | $1.35M | $1.97M | 17% |
| Price per sq ft | $752 | $887 | 27% |
| Built year | 1940 | 1949 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 196 | 3% |
Apr 17, 2026
$1,349,000
$1,449,000
-7% Price Drop
Initial Listing
Feb 28, 2026
$1,449,000
Initial Listing
Jun 3, 2015
$1,000,000
Public Record
Oct 18, 1996
$215,000
Public Record