3468 Oak Glen Drive, Los Angeles, California 90068, Los Angeles, 90068 - 2 bed, 3 bath

3468 Oak Glen Drive, Los Angeles, California 90068 home-pic-0

3468 Oak Glen Drive

Los Angeles, California 90068

ACTIVE
CONDITION: TEAR DOWN
2Beds
3Baths
2,283Sq Ft
15,429Lot Size

Property Price

LIST PRICE$1,199,000

SUMMARY

Analysis of 3468 Oak Glen Drive, Los Angeles, California 90068 is currently available with a list price of $1,199,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Condition Analysis

OVERALL CONDITION SCORE

Tear down
TeardownExcellent

Property is land value only, full reconstruction required.

The property is explicitly marketed as a teardown or major fixer being sold strictly for land value. Built in 1926 and not renovated in decades, the listing states it will not qualify for traditional financing and requires a cash-only purchase, indicating the structure is likely unlivable or beyond cost-effective repair.

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 = 15429, living area = 2283.

  • Exceptional Development Potential

    As the largest lot on Oak Glen Drive at over 15,000 square feet, the property features rare street-to-street access and a gentle topography, providing maximum design flexibility for a premier hillside estate.

  • Prime Hollywood Hills Location

    Situated in the historic Cahuenga Pass, this location offers a perfect balance of canyon tranquility and urban accessibility, with close proximity to major film studios, Universal City, and the Westside.

CONSRISKS & DEFICIENCIES

  • Strict Financing Requirements

    The property is being sold strictly for land value in as-is condition and will not qualify for traditional financing, limiting the buyer pool to cash-only investors.

  • Limited Physical Access

    Due to the presence of a guard dog and the 'major fixer' status of the improvements, access is restricted to accepted offers only, making pre-offer due diligence more challenging.

About 3468 Oak Glen Drive

A rare opportunity to acquire a generational parcel in the Hollywood Hills. First time on the market in 38 years, this offering presents a unique chance to secure the largest lot on Oak Glen Drive. Situated on an expansive 15,424 square foot parcel, the property offers exceptional scale and endless possibilities for a future estate or development project. Property is being sold strictly AS-IS for land value. The existing improvements are considered a major fixer or teardown, and the property will not qualify for traditional financing. Access to the house will be provided with an accepted offer only. Cash offers only; NO loan contingencies will be considered. Surrounded by a charming collection of character homes and architectural residences, Oak Glen is located in the historic Cahuenga Pass area of the Hollywood Hills, tucked between Hollywood and Studio City. This peaceful hillside enclave offers convenient access to major studios, Universal City, the Valley, and the Westside. The property enjoys canyon vistas along with views across to Universal Studios, creating a beautiful natural backdrop.The lot features a gentle downslope topography and coveted street to street access from the lower portion of the site, enhancing design flexibility and overall development potential. With substantial frontage and depth, the property presents a rare canvas to create a private retreat with outdoor spaces seldom found on typical Oak Glen parcels. Despite its tranquil setting, the location remains just moments from nearby shopping, dining, and everyday conveniences, offering an ideal balance of privacy and accessibility. Whether envisioned as a modern architectural statement or a timeless hillside estate, this is an exceptional opportunity to capitalize on one of the most significant land offerings in this pocket of the Hollywood Hills. Please do not access the property or disturb the occupant. There is a pitbull on the property. Contact Listing Agents for additional information.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1926
Lot Size
15,429 Sq. Ft.

Interior

Total Bedrooms
2
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 • 0.8 mi

8/10

Rio Vista Elementary School

Grades K-5 • 1.3 mi

7/10

R. L. Stevenson Elementary School

Grades K-5 • 2.1 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
22%
Baths3.03.0
50%
Square foot2,2832,352
49%
Lot Size15,4296,973
86%
Price$1.20M$1.90M
14%
Price per sq ft$525$879
10%
Built year19261950
20%
HOA$0$0
50%
Days on market8176
1%

Pricing History

Listed for Sale

Feb 26, 2026

$1,199,000

Initial Listing

Sold

Jan 14, 1988

$698,709

Public Record

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