
Los Angeles, California 90068
This Reimagined 1920s Spanish Residence is a Prime Investment Opportunity listed at $1,999,999—positioned well below the $2,042,665 Fair Market Value by 2%. This valuation gap offers $42,666 in Instant Equity for a home in Excellent Condition. Sited on an expansive 14,000-square-foot lot, the property features a Designer Marble Kitchen and a terrace with iconic Hollywood Sign Views. Located near highly-rated Valley View Elementary, this turnkey sanctuary is ideal for Owner-Occupants or Lifestyle-Driven Buyers seeking historic Hollywood charm.
Property is new construction or fully renovated.
This 1920s Spanish residence has been extensively reimagined with high-end modern updates while preserving its historic character. The kitchen is fully modernized with a center island, marble countertops, custom cabinetry, and stainless-steel appliances. Significant system upgrades include a fully updated HVAC, electric car charger, and filtered water system. The property is move-in ready with premium finishes like hardwood floors and a spa-like primary bath, meeting the criteria for a recently renovated, high-quality home with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13998, living area = 2715.
This 1920s Spanish residence perfectly balances preserved architectural character with essential modern updates, including a fully upgraded HVAC system, EV charger, and a reimagined designer kitchen.
Situated on an expansive 14,000-square-foot flag lot behind private gates, the property offers a rare level of seclusion and significant outdoor space for the Hollywood Hills.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13998, other record lot size in square feet = 3992.
The long driveway associated with the flag lot configuration may present challenges for guest parking and large vehicle maneuvering despite the added privacy.
While local elementary schools are highly rated, the assigned middle schools in the area have significantly lower performance scores, which may concern families prioritizing education.
As seen in the New York Times, and sited atop the historic enclave of Whitley Heights, this reimagined 1920s Spanish residence blends preserved character with thoughtful modern updates. Privately gated and set down a long driveway on an expansive 14,000-square-foot flag lot, the property offers exceptional privacy and scale rarely found in the Hollywood Hills. Beyond its classic facade, arched windows and warm wood floors set a timeless tone throughout. The living room, anchored by a wood-burning fireplace, opens to a dining area and a spacious terrace that offers views of the Hollywood Sign and glimpses of the surrounding city lights. The kitchen features a center island, custom cabinetry, marble countertops, and stainless-steel appliances. Upstairs, a rotunda stairwell leads to three bedrooms, including a serene primary suite with a walk-in closet and a spa-like bath with a soaking tub and hillside outlooks. A flexible bonus room offers options for a gym, screening room, or office. Outdoors, multiple patios with classic Spanish tile provide space for quiet relaxation or al fresco dining under the stars, surrounded by swaying palms and complete privacy. Additional features include a two-car garage, ample storage, electric car charger, fully upgraded HVAC, and filtered water system. All of this is just minutes from Franklin Village, the Hollywood Bowl, and Runyon Canyon.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 0.7 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,715 | 2,402 | 57% |
| Lot Size | 13,998 | 7,147 | 83% |
| Price | $2.00M | $1.99M | 50% |
| Price per sq ft | $737 | $891 | 22% |
| Built year | 1921 | 1949 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 196 | 4% |
Feb 19, 2026
$1,999,999
Initial Listing
Nov 21, 2017
$1,650,000
Public Record
Mar 11, 2016
$1,700,000
Public Record
Jun 12, 2015
$940,000
Public Record