
Los Angeles, California 90027
This Historic Spanish Colonial Revival Estate is a Strong Value Opportunity, listed at $4,389,000—positioned well below the $4,819,894 Fair Market Value by 8%. This valuation gap offers $430,894 in Instant Equity. Boasting a Pristine Condition Rating, the meticulously restored residence features a vintage Deco pool, panoramic city views, and substantial Mills Act tax incentives. Located near top-rated Ivanhoe Elementary, this landmark property combines architectural prestige with long-term financial benefits. It is an exceptional acquisition for Owner-Occupants or Legacy Property Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5470 Los Feliz Boulevard Subject | $4,389,000* List Price | 6 | 6 | 6,057 | $796 | - |
A 2267 Winona Boulevard Active | $4,495,000 List Price | 4 | 6 | 4,792 | $938 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1928 Spanish Colonial Revival is a designated Historic-Cultural Monument that has been meticulously restored over the last decade. The property features high-end, period-appropriate upgrades, including a gourmet kitchen with a premium vintage-style range, pristine original robin's egg blue tile work, and restored magnesite and hardwood flooring. The interior showcases exceptional maintenance of historic details like hand-stenciled ceilings and artisan stained glass, with no visible deferred maintenance, meeting the highest standards for a luxury historic estate.
Elementary School: Ivanhoe Elementary School (9/10).
As a designated Historic-Cultural Monument (HCM 997) designed by Arthur W. Larson, this 1928 Spanish Colonial Revival preserves rare architectural integrity with hand-stenciled ceilings, artisan stained glass, and original period details.
The property benefits from the Mills Act, offering the owner substantial property tax savings, which is a significant financial advantage for a luxury estate of this magnitude in Los Angeles.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6057, other record living area = 5866.
The preservation of century-old features such as magnesite floors, ornate plaster, and original tile work requires specialized care and potentially higher ongoing maintenance costs compared to modern constructions.
While the neighborhood is prestigious, several of the closest assigned public schools have lower performance ratings, which may be a drawback for families prioritizing immediate local education options.
Introducing The Clifford Clinton Residence (HCM 997), a landmark 1928 Spanish Colonial Revival designed by renowned architect Arthur W. Larson and once home to Clifford Clinton, founder of the iconic Clifton's Cafeteria. Set behind an impressive 230-foot gated and hedged frontage in the heart of Los Feliz, this storied estate offers exceptional privacy and a dramatic sense of arrival.Rich in original architectural character, the residence showcases Juliette balconies, decorative ironwork, artisan stained glass, magnesite floors, peg-and-groove hardwood, and expansive tiled patios and courtyards that capture the romance of classic Southern California Spanish design. A grand two-story entry stairwell leads to beautifully scaled public rooms including a step-down living room with coffered ceilings and massive fireplace, a baronial dining room with stained glass picture window, and a charming kitchen and butler's pantry highlighted by rare robin's egg blue original tile and vintage fixtures. A stately office with hand-stenciled ceilings and fireplace sits privately off the main staircase.The second level features four generous bedroom suites, each with colorful period tile baths and ornate plaster detailing, along with balconies and a sunroom overlooking palm-lined city views. The lower level offers additional entertaining space including a screening room, cocktail lounge, and billiard room.In 1936, Clinton added the tiled Deco pool, sun deck, and bathhouse, creating a sun-filled outdoor retreat that remains a central gathering place today. A grassy knoll and shaded dining pavilion complement the entertaining grounds, while a separate gated driveway leads to a motor court, three-car garage, and additional parking.Lovingly restored over the past decade and benefiting from Mills Act tax incentives, this over 6,000-square-foot estate with six bedrooms represents a rare opportunity to own one of Los Feliz's most historic and romantic residences, an extraordinary legacy property from the neighborhood's golden era.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 0.7 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 96% |
| Baths | 6.0 | 3.0 | 93% |
| Square foot | 6,057 | 2,587 | 94% |
| Lot Size | 14,842 | 7,104 | 91% |
| Price | $4.39M | $2.27M | 91% |
| Price per sq ft | $725 | $985 | 10% |
| Built year | 1928 | 1937 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 181 | 1% |
Apr 10, 2026
$4,389,000
Initial Listing
Sep 7, 2023
$4,969,000
Public Record
May 14, 2010
$1,285,000
Public Record