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3540 N Knoll Drive, Los Angeles, California 90068, Los Angeles, 90068 - 3 bed, 3 bath

3540 N Knoll Drive, Los Angeles, California 90068 home-pic-0
ACTIVE$1,500,000
3540 N Knoll Drive, Los Angeles, California 90068
3Beds
3Baths
1,580Sqft
14,882Lot
Year Built
1969
Close
-
List price
$1.5M
Original List price
$1.76M
Price/Sqft
$949
HOA
-
Days on market
-
Sold On
-
MLS number
SR25168343
Home ConditionFair
Features
Good View: Hills, Mountain(s)
Deck
ViewHills, Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 13% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.50M(29th), sqft - 1580(22th), beds - 3(50th), baths - 3(50th).

Land, Land, Land, calling all investors and developers—unlock the potential of this private, gated estate tucked away on a private cul-de-sac in the coveted Hollywood Knolls. This gated estate is an ideal fit for those seeking privacy, space, and potential. Set behind a long private driveway on an approx. 15,000 SF lot, this 3-story residence is bursting with opportunity. The layout is versatile with 3 bedrooms, 2.75 baths—including a first-floor bedroom including a 3/4 bath. Kitchen flows to the dining area with a cozy breakfast bar, while the second level boasts a spacious living room with high ceilings, cozy fireplace, and natural light throughout. Upstairs, the primary suite enjoys treetop views from its own balcony, and an en-suite bath offering that peaceful, tucked-away feel, that those who live in the hills love. Multiple balconies, lush greenery, and ample outdoor space make indoor-outdoor living a breeze. Bonus: 2-car garage, generous front yard, and quick access to Warner Bros., Hollywood Bowl, and all major studios and attractions. Location and convenience; it’s what elevates daily life and builds real value. With vision and TLC, this property could become a high-performing asset or a serene city retreat. Serious upside in an A+ location—don’t miss this rare find! Make an appointment to see this little slice of heaven today!

Nearby schools

8/10
Valley View Elementary School
Public,•K-6•0.7mi
8/10
R. L. Stevenson Elementary School
Public,•K-5•1.8mi
7/10
Rio Vista Elementary School
Public,•K-5•2.0mi
6/10
Cheremoya Avenue Elementary School
Public,•K-6•2.1mi
4/10
Selma Avenue Elementary School
Public,•K-6•2.3mi
7/10
Gardner Street Elementary School
Public,•K-6•2.4mi
4/10
Grant Elementary School
Public,•K-6•2.7mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•3.3mi
5/10
David Starr Jordan Middle School
Public,•6-8•2.5mi
3/10
Joseph Le Conte Middle School
Public,•6-8•2.9mi
6/10
Walter Reed Middle School
Public,•6-8•3.1mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•3.1mi
6/10
Thomas Starr King Middle School
Public,•6-8•4.1mi
6/10
Hollywood Senior High School
Public,•9-12•2.4mi
7/10
Burroughs High School
Public,•9-12•2.7mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•3.2mi
7/10
Fairfax Senior High School
Public,•9-12•3.7mi
8/10
North Hollywood Senior High School
Public,•9-12•3.7mi
8/10
John Marshall Senior High School
Public,•9-12•3.8mi

Price History

Date
Event
Price
09/08/25
Price Change
$1,500,000
07/26/25
Listing
$1,759,999
Condition Rating
Fair
Built in 1969, this property is aged and requires significant cosmetic updates, particularly in the kitchen and bathrooms. The kitchen features dated white cabinets, speckled countertops, black appliances, and older tile flooring. Both bathrooms are highly outdated, with one showcasing a gold-framed shower and pedestal sink, and the primary bathroom featuring extensive mirrored walls and black fixtures, indicative of 80s/90s styling. While the property appears maintained and functional, its major components show clear signs of being outdated, aligning with the 'Fair' condition criteria for a home built over 20 years ago that needs substantial renovation to meet current standards.
Pros & Cons

Pros

Exceptional Location & Privacy: Situated in the coveted Hollywood Knolls on a private cul-de-sac, this gated estate offers a high degree of privacy and exclusivity, with quick access to major studios and attractions.
Significant Land Value & Development Potential: Boasting an expansive 15,000 SF lot, the property is explicitly marketed to investors and developers, highlighting its 'Land, Land, Land' appeal and serious upside for redevelopment.
Versatile Multi-Story Layout: The 3-story residence features a flexible layout with 3 bedrooms and 2.75 baths, including a convenient first-floor bedroom with a 3/4 bath, and a spacious living room with high ceilings.
Strong Indoor-Outdoor Living: Multiple balconies, lush greenery, and ample outdoor space facilitate an ideal indoor-outdoor lifestyle, characteristic of desirable hillside properties.
Treetop Views: The primary suite offers peaceful treetop views from its private balcony, contributing to a serene and 'tucked-away feel' highly sought after in the hills.

Cons

Requires Significant Investment/TLC: The listing explicitly states 'With vision and TLC' and 'bursting with opportunity,' indicating the property is not turn-key and will require substantial renovation or redevelopment to maximize its potential.
Dated Construction: Built in 1969, the property is over 50 years old, suggesting potential for outdated systems, finishes, and energy inefficiency that would necessitate modern upgrades.
Modest Interior Square Footage for Lot Size: With 1580 sqft on a nearly 15,000 sqft lot, the existing structure is relatively small for the land, reinforcing that the primary value lies in the land for redevelopment rather than the current home's size or condition.

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