3314 Wonder View Drive, Los Angeles, California 90068, Los Angeles, 90068 - 4 bed, 4 bath

3314 Wonder View Drive, Los Angeles, California 90068 home-pic-0

3314 Wonder View Drive

Los Angeles, California 90068

ACTIVE
CONDITION: FAIR
4Beds
4Baths
3,231Sq Ft
22,625Lot Size

Property Price

LIST PRICE$3,395,000
EST. MARKET VALUE
$3,215,568
5% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$3,215,568
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
3314 Wonder View Drive
Subject
$3,395,000*
List Price
443,231$995-
A
3203 Tareco Drive
Sold
$2,700,000432,712$9960.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property is a well-maintained 1954 home that shows pride of ownership but remains largely dated. While the primary suite features a 'spa-like' update, the presence of 'vintage-tiled' bathrooms and a kitchen described as 'cheerful' rather than modern indicates the home has not undergone a full high-end renovation in recent years. The polished hardwood floors and crown moldings are in good condition, but the overall style and systems likely require modernization to meet current luxury standards for the 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 = 22625, living area = 3231.

  • Iconic Views and Location

    The property boasts an exceptional location above the Lake Hollywood Reservoir, offering rare and unobstructed views of the Hollywood Sign, Griffith Park Observatory, and the city skyline.

  • Expansive Flat Parcel

    A 22,625 square foot flat lot is a significant rarity in the Hollywood Hills, providing a private, park-like setting with a sun-drenched pool and ample space for large-scale entertaining.

CONSRISKS & DEFICIENCIES

  • Need for Modernization

    With mentions of vintage-tiled baths and a 1950s layout, the interior likely requires significant capital investment to update the kitchen and bathrooms to contemporary luxury standards.

  • Market Momentum

    A recent $100,000 price reduction and the property's time on market suggest that the initial pricing may have been aggressive relative to the home's current condition and buyer expectations.

About 3314 Wonder View Drive

Up a private drive, this warm & inviting classic two-story home resides on a generous, flat parcel in an exclusive, park-like setting above the Lake Hollywood Reservoir. Cherished by the same meticulous owners for more than 40 years, the property offers a rare combination of privacy, space & a connection to nature from a remarkably convenient location. Filled with natural light, the interiors convey a timeless sensibility through polished hardwood floors and classic crown moldings while French doors and windows welcome in sunshine & fresh afternoon breezes. Mature landscaping and lush greenery frame a series of outdoor spaces equally suited for quiet reflection or large-scale entertaining. Mornings begin on the primary suite balcony as the sun rises over Griffith Park and the city skyline, illuminating the Hollywood Sign and Griffith Park Observatory while deer occasionally graze on the open pasture below. Evenings unwind on the charming brick patio surrounding the sun-drenched pool where sunsets soften into the silhouette of the Hollywood Hills. The main level features a grand living room with fireplace, a formal dining room, a cheerful eat-in kitchen with ample counter space and a paneled den or optional fourth bedroom with its own fireplace. Upstairs, the home offers a spacious second bedroom with built-ins, a vintage-tiled bath, a third en-suite bedroom with balcony, and a sumptuous primary suite with soaring pitched ceilings, fireplace, walk-in closet, spa-like bath and a balcony that captures those sweeping views. A separate storage room with its own entrance off the attached two-car garage offers flexibility as a home office or gym. With a daily rhythm that feels remarkably peaceful and restorative, it's easy to forget that major studios, Hollywood, and downtown Los Angeles are just minutes away.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1954
Lot Size
22,625 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 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 • 0.4 mi

8/10

Cheremoya Avenue Elementary School

Grades K-6 • 2.0 mi

6/10

Rio Vista Elementary School

Grades K-5 • 2.0 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
55%
Baths4.03.0
58%
Square foot3,2312,363
73%
Lot Size22,6256,973
94%
Price$3.40M$1.90M
85%
Price per sq ft$1.1K$882
82%
Built year19541951
56%
HOA$0$0
50%
Days on market59176
5%

Pricing History

Listed for Sale

Feb 14, 2026

$3,395,000

$3,495,000

-3% Price Drop

Initial Listing

Price Change

Jan 6, 2026

$3,495,000

Initial Listing

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