3540 N Knoll Drive, Los Angeles, California 90068, Los Angeles, 90068 - 3 bed, 3 bath
3540 N Knoll Drive
Los Angeles, California 90068
Property Price
SUMMARY
Analysis of 3540 N Knoll Drive, Los Angeles, California 90068 reveals a Fairly Priced Property with a current list price of $1,299,000 aligned with the estimated $1,299,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1969, this property is explicitly marketed for investors and developers, indicating a need for significant work. The kitchen features dated white cabinets, older granite countertops, and black appliances (including a double oven and cooktop) that appear to be from the 90s or early 2000s. The flooring in the kitchen is old tile, and the dining area has worn parquet. All bathrooms are severely outdated with styles, fixtures (pedestal sinks, gold-framed shower doors, dark marble/granite tiles), and materials that are 30+ years old. While the structure appears sound, the interior finishes, especially the kitchen and bathrooms, require substantial rehabilitation and modernization to meet current standards, aligning with the 'poor' condition criteria.
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 = 14882, living area = 1580.
- Exceptional Location & Privacy
Nestled in the coveted Hollywood Knolls on a private cul-de-sac, this gated estate offers unparalleled privacy, a long private driveway, and quick access to major studios and attractions.
- Significant Development Potential
Marketed explicitly for investors and developers, the vacant property on a large lot (approx. 15,000 SF) presents immense opportunity for renovation, expansion, or a complete reimagining.
CONSRISKS & DEFICIENCIES
- Dated Condition & Renovation Required
Built in 1969, the property explicitly states it needs 'a little TLC,' indicating it is not move-in ready and will require significant investment for modernization and updates.
- Substantial Price Reduction
A notable price drop from $1.76M to $1.5M suggests either initial overpricing or potential challenges in attracting buyers at its previous valuation, which could raise questions for prospective buyers.
- Limited Interior Square Footage
With 1580 sqft of living space on a nearly 15,000 sqft lot, the interior is relatively modest for a Hollywood Hills estate, potentially requiring expansion to maximize the value of the large parcel.
About 3540 N Knoll Drive
Priced to sell! Calling all investors and developers—unlock the potential of this vacant, gated estate, nestled on a private cul-de-sac in the coveted Hollywood Knolls. This gated residence 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 property is bursting with opportunity. The layout is versatile with 2 bedrooms, 2 full baths—all bedrooms have their own bathrooms—including a first-floor bedroom with 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 a little TLC, this home can be a private Hollywood Hills dream. Serious upside in an A+ location—don't miss this rare find! Make an appointment to see this little slice of heaven today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 14,882 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 • 0.7 mi
R. L. Stevenson Elementary School
Grades K-5 • 1.8 mi
Rio Vista Elementary School
Grades K-5 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,580 | 2,352 | 20% |
| Lot Size | 14,882 | 6,973 | 84% |
| Price | $1.30M | $1.90M | 16% |
| Price per sq ft | $822 | $879 | 43% |
| Built year | 1969 | 1951 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 223 | 176 | 70% |
Pricing History
Listed for Sale
Mar 5, 2026
$1,299,000
$1,500,000
-13% Price Drop
Initial Listing
Price Change
Sep 8, 2025
$1,500,000
Initial Listing
Price Change
Jul 26, 2025
$1,759,999
Initial Listing