
Los Angeles, California 90027
This Architectural Modernist Streamline Home is a Strong Value Opportunity, listed at $3,295,000—positioned slightly above the $3,201,686 Fair Market Value. While not a discount play, the property offers a Condition Rating of 3, reflecting a well-maintained, move-in ready state with recent system upgrades. Highlights include an unobstructed Griffith Observatory view, a spacious deck, and proximity to top-rated schools like Ivanhoe Elementary. This rare, historically significant residence is an ideal acquisition for discerning homeowners or architectural enthusiasts seeking a refined Los Feliz lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4966 Ambrose Avenue Subject | $3,295,000* List Price | 4 | 4 | 3,197 | $1,001 | - |
A 4801 Ambrose Avenue Sold | $3,325,000 | 4 | 3 | 2,750 | $1,209 | 0.2 mi |
B 4310 Cedarhurst Circle Sold | $2,510,000 | 4 | 4 | 2,644 | $949 | 0.8 mi |
C 2410 N Vermont Avenue Sold | $4,065,244 | 4 | 5 | 3,100 | $1,311 | 0.6 mi |
D 4171 Holly Knoll Drive Sold | $2,389,000 | 4 | 3 | 2,209 | $1,081 | 0.9 mi |
E 1901 N Catalina Active | $2,649,999 List Price | 4 | 4 | 3,312 | $800 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1938, the property has undergone thoughtful modernization and is described as well-maintained and move-in ready. It features recent system improvements, including a new whole-house water filtration system, and the interior finishes (hardwood floors, wood paneling, and lighting) appear to be in high-quality, functional condition.
Elementary School: Ivanhoe Elementary School (9/10).
This rare Modernist Streamline home features meticulously preserved 1930s details and a 1950s interior renovation by architect William Alexander Levy, offering significant historical and aesthetic value.
The property boasts an extraordinary, unobstructed view of the Griffith Observatory from the front balcony, providing a quintessential and highly coveted Los Angeles backdrop.
With a lot size of approximately 7,108 square feet, the outdoor space is relatively compact for a property at this $3.295M price point, potentially limiting large-scale yard activities.
While the area is served by some high-performing elementary schools, the assigned middle school carries a lower rating, which may be a concern for families prioritizing long-term public education.
This architectural Modernist Streamline home in the heart of Los Feliz is thoughtfully updated to preserve the spirit and character of its 1939 origins. Filled with natural light and surrounded by lush, private gardens, the home offers an inviting balance of historic character and modern comfort. Original details include exquisite 1930s lighting, a beautifully carved wood banister, and a wood-paneled den with built-in desk and shelving, designed as part of a 1950 interior renovation by architect William Alexander Levy. The front balcony captures an extraordinary, unobstructed view of Griffith Observatory, while the serene grounds and spacious deck create an idyllic setting for entertaining or retreating into nature. Recent improvements include a brand-new whole-house water filtration system, complemented by the home's thoughtful modernization throughout. Just moments from Griffith Park, the Greek Theatre, and the restaurants and shops of Los Feliz Village, this is a rare opportunity to own a beautifully preserved piece of Los Angeles history. Additional note: Biography research of architect William Alexander Levy provided by Kevin H Souza.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,197 | 1,664.159 |
| Lot Size | 7,108 | 6,066.556 |
| Price | $3.29M | $1.35M |
| Price per sq ft | $1.0K | $806 |
| Built year | 1938 | 1939 |
| HOA | $0 | $278 |
| Days on market | 12 | 55 |
Aug 28, 2026
$3,295,000
Initial Listing
Sep 23, 2019
$2,500,000
Public Record