
Los Angeles, California 90020
This Historic Mediterranean Revival Estate is a High-Potential Investment Opportunity, listed at $5,999,999—positioned well below the $5,762,605 Fair Market Value by -4%. Featuring an Excellent Condition Rating with high-end renovations, this Arthur R. Kelly-designed residence offers a converted speakeasy, pool and spa, and a detached pool house. Located within the prestigious Windsor Square HPOZ, the property balances architectural heritage with modern luxury. This is an ideal acquisition for Luxury Homeowners or Sophisticated Investors seeking a rare, move-in ready asset in a prime Los Angeles enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 440 S Arden Boulevard Subject 4 bd · 6 ba · 5,864 sqft · $983 | $5,999,999* List Price | 4 | 6 | 5,864 | $983 | - |
A 433 S Arden Boulevard Sold 4 bd · 4 ba · 4,739 sqft · $981 · 0.1 mi | $4,650,000 | 4 | 4 | 4,739 | $981 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1917, the property shows evidence of high-end renovations and meticulous maintenance. The interior features updated recessed lighting, modern flooring in the converted speakeasy, and a contemporary outdoor kitchen with marble countertops. The bathroom finishes and overall interior condition suggest a renovation within the 5-15 year range, making it move-in ready.
Designed by Arthur R. Kelly, the architect of the Playboy Mansion, this 1917 Mediterranean Revival estate offers rare historical significance and exquisite Churrigueresque craftsmanship.
Situated on one of the neighborhood's most desirable streets near Larchmont Village, the property enjoys the prestige and protected character of a Historic Preservation Overlay Zone.
The estate features unique amenities including a converted speakeasy entertainment room, a detached pool house with a spa-style bath, and expansive landscaped grounds with a pool and outdoor kitchen.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The HPOZ designation may impose strict limitations on exterior renovations and architectural modifications, potentially complicating future customization for the buyer.
The current list price of $5,999,999 is approximately $475,000 lower than its 2021 sale price, suggesting a potential decline in valuation or market sensitivity for this specific asset.
Built in 1917 and designed by Arthur R. Kelly, the Los Angeles architect known for the celebrated Arthur Letts Jr. estate, aka The Playboy Mansion, this Mediterranean Revival residence is set midblock on one of Windsor Square's most desirable streets. A Churrigueresque entryway and winding staircase introduce interiors with wood floors, abundant natural light, and a thoughtful balance of formal and informal spaces. The main level includes a formal living room and dining room, breakfast area, office, kitchen, and a separate bedroom suite off the kitchen. Upstairs, the primary suite occupies one end of the residence, while two additional bedroom suites and a sitting room are located at the opposite end. Below, a former speakeasy has been converted into an entertainment room, with original wallpaper preserved on the staircase door, a nod to the home's history. The exterior features muted rose toned walls, patinated roof tiles, and mature olive trees. Landscaped grounds offer multiple sitting areas, outdoor dining, a pool and spa, and an outdoor cooking area with marble countertops. A detached pool house with a spa style bathroom provides flexibility for office, studio or guests. Just moments from Larchmont Boulevard and near Marlborough School, the property is located within Windsor Square's Historic Preservation Overlay Zone, reflecting the neighborhood's architectural heritage and enduring character.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 5,864 | 1,670.836 |
| Lot Size | 13,504 | 6,152.156 |
| Price | $6.00M | $1.34M |
| Price per sq ft | $1.0K | $807 |
| Built year | 1917 | 1941 |
| HOA | $0 | $238 |
| Days on market | 11 | 56 |
Oct 29, 2026
$5,999,999
Initial Listing
Sep 1, 2021
$6,475,000
Public Record
Mar 15, 2002
$1,580,000
Public Record