
Los Angeles, California 90068
This Spanish Residence is a Strong Value Opportunity, listed at $1,395,000—positioned well below the $1,462,450 Fair Market Value by 4%. This valuation gap offers $67,450 in Instant Equity. Featuring a remodeled kitchen, heated saltwater pool, and Hollywood Sign views, the property maintains a Condition Rating of 2. Located near top-rated schools like Valley View Elementary, this home balances historic provenance with modern luxury. It is an ideal acquisition for Owner-Occupants seeking a lifestyle property or discerning buyers prioritizing location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3341 Floyd Terrace Subject 3 bd · 2 ba · 1,504 sqft · $972 | $1,395,000* List Price | 3 | 2 | 1,504 | $972 | - |
A 3148 Barbara Court Sold 2 bd · 3 ba · 1,794 sqft · $725 · 0.3 mi | $1,300,000 | 2 | 3 | 1,794 | $725 | 0.3 mi |
B 3311 Adina Drive Sold 2 bd · 1 ba · 1,216 sqft · $986 · 0.4 mi | $1,199,000 | 2 | 1 | 1,216 | $986 | 0.4 mi |
C 3126 Oakcrest Drive Active Under Contract 3 bd · 2 ba · 1,412 sqft · $1,059 · 0.4 mi | $1,495,000 List Price | 3 | 2 | 1,412 | $1,059 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1936, the property features a recently remodeled kitchen and a beautifully updated primary en-suite bath with spa-inspired finishes. The interior is in mint condition with pristine hardwood floors and preserved architectural details, meeting the criteria for a high-end renovation within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8875, living area = 1504.
This 1936 Spanish residence offers exceptional historical value as the former home of actress Iris Adrian, featuring preserved period details like original stained glass, wood-beamed ceilings, and bas-relief wall designs.
Set on a rare double lot with street-to-street frontage, the grounds include a heated saltwater pool, multiple entertaining terraces with Hollywood Sign views, and a versatile space currently used as a batting cage.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8875, other record lot size in square feet = 4561.
At 1,504 square feet for a three-bedroom home, the interior living spaces may feel compact for families or buyers accustomed to more modern, expansive floor plans.
Despite cosmetic updates, the 1936 construction date suggests potential buyers may need to budget for upgrades to older underlying systems such as plumbing, electrical, or foundation typical of historic hillside properties.
Rich in history and architectural character, this distinctive Spanish residence in Lake Hollywood captures the charm and elegance of a bygone era. Once home to actress Iris Adrian, whose career spanned the transition from silent films to talkies and continued into beloved Disney classics including The Love Bug, That Darn Cat!, and Freaky Friday, this three-bedroom, two-bath home carries a fascinating Hollywood pedigree. Elegant dark hardwood floors, original stained glass designs, graceful archways, and original plaster walls create an atmosphere of warmth and character. The great room, with its exposed wood-beamed ceilings and stunning fireplace, showcases the home's architectural beauty. The formal dining room features beautiful arched windows framing views of the surrounding hills. The recently remodeled kitchen is a standout, beautifully designed with expansive countertops, pull-out pantry storage, and abundant cabinetry, offering an inviting space for both serious cooking and everyday gatherings. Original bas-relief wall designs lend the bedrooms another layer of architectural character, reflecting the artistry and craftsmanship of the era. The primary suite is thoughtfully appointed with custom built-in closets and a beautifully remodeled en-suite bath featuring elegant spa-inspired finishes and additional built-in storage. Set across two lots spanning more than 8,800 square feet, with street-to-street frontage between Floyd Terrace and Troy Drive, the property offers an expansive outdoor setting with multiple distinct spaces for entertaining and relaxation. Oversized patios invite long afternoons lounging in the sun and intimate dinners under the stars, including a terrace with a built-in fireplace. Views of the Hollywood Sign and surrounding Hollywood Hills complement the setting. Mature fruit trees and lush greenery enhance the beauty and privacy of the grounds. A magnificent heated saltwater pool serves as the centerpiece of the outdoor experience, creating an inviting setting for swimming, lounging, and entertaining. A versatile outdoor space, currently configured as a batting cage, offers flexibility for a variety of activities. A garage completes the property.Originally built in 1936, the residence has retained much of the craftsmanship and architectural detail that define its distinctive character. Its expansive grounds, remarkable Hollywood history, and proximity to the Lake Hollywood Reservoir, Griffith Park, the Hollywood Bowl, and major studios offer a compelling combination of setting, provenance, and lifestyle.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-5 • 1.6 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,504 | 1,670.836 |
| Lot Size | 8,875 | 6,152.156 |
| Price | $1.40M | $1.34M |
| Price per sq ft | $928 | $807 |
| Built year | 1936 | 1941 |
| HOA | $0 | $238 |
| Days on market | 16 | 56 |
Oct 24, 2026
$1,395,000
Initial Listing