
Los Angeles, California 90068
This Turnkey Contemporary Estate is a Strong Value Opportunity, listed at $4,795,000—positioned well below the $4,530,476 Fair Market Value by -5%. Featuring a Condition Rating of 2, this home offers a seamless indoor-outdoor lifestyle with a pool, spa, and panoramic city views. Located near top-rated schools like Valley View Elementary, the property provides a sophisticated retreat for luxury homeowners or discerning professionals seeking a move-in ready sanctuary in the prestigious Outpost Estates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7139 Macapa Drive Subject | $4,795,000* List Price | 4 | 5 | 3,449 | $1,314 | - |
A 2660 Larmar Road Sold | $4,500,020 | 4 | 4 | 3,682 | $1,222 | 0.3 mi |
B 3307 Bonnie Hill Drive Sold | $3,470,000 | 4 | 4 | 2,839 | $1,222 | 1.0 mi |
C 2635 Carman Crest Drive Active | $4,499,000 List Price | 4 | 6 | 3,381 | $1,331 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1956, this property has undergone a comprehensive high-end contemporary renovation within the last 5 years. The chef's kitchen features modern flat-panel cabinetry and integrated lighting, the primary suite includes a spa-inspired bath, and the addition of a professional recording studio and a modern wellness retreat (sauna/cold plunge) indicates all systems and finishes are in mint, move-in condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19134, living area = 3449.
Situated on an expansive, rare half-acre flat lot in the Hollywood Hills, this single-level estate offers exceptional accessibility and usable outdoor space seldom found in the area.
The property boasts breathtaking, unobstructed views of the Hollywood Sign, Griffith Observatory, Downtown Los Angeles, and the Hollywood Reservoir from multiple vantage points.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19134, other record lot size in square feet = 19207.
The current list price of $4.795M is significantly lower than the 2022 sale price of $5.395M, indicating a notable correction in market value or potential equity concerns.
While local elementary schools are highly rated, the assigned middle schools have significantly lower ratings (as low as 3/10), which may be a deterrent for families prioritizing public education.
Welcome to "The Macapa Oasis", a rare single-level contemporary estate situated on an expansive approximately half-acre flat lot along one of the most desirable streets in Outpost Estates. Designed for seamless indoor-outdoor living, the home features soaring ceilings, dramatic walls of glass, an open-concept floor plan, chef's kitchen, wine display, and captivating views of the Hollywood Sign and surrounding cityscape. The primary suite serves as a private retreat with a spa-inspired bath, generous walk-in closet, and direct access to the resort-style grounds. Oversized accordion-style glass doors create a seamless connection between the interior living spaces and multiple outdoor entertaining areas. The grounds offer a true California lifestyle experience with a pool, spa, fire pit, outdoor dining and lounge areas, meditation spaces, herb and fruit gardens, and a spectacular hillside viewing deck shaded by a mature tree overlooking Studio City, the Hollywood Reservoir, Griffith Observatory, Downtown Los Angeles, the Wisdom Tree, and beyond. A detached rec room provides exceptional flexibility and may serve as a home office, executive workspace, fitness studio, yoga and meditation retreat, recording or podcast studio, or other creative use. The property also presents multiple opportunities to create a private wellness retreat with features such as a sauna, cold plunge, outdoor recovery area, wellness pavilion, and additional spa-inspired amenities. Located moments from Runyon Canyon, the Hollywood Bowl, Universal Studios, Studio City, and some of Los Angeles' best dining and entertainment destinations, Truly a rare combination of architectural design, privacy, wellness potential, flexibility, and resort-style living in one of the Hollywood Hills' most sought-after neighborhoods.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 1.4 mi
Grades K-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,449 | 1,664.159 |
| Lot Size | 19,134 | 6,066.556 |
| Price | $4.79M | $1.35M |
| Price per sq ft | $1.4K | $806 |
| Built year | 1956 | 1939 |
| HOA | $0 | $278 |
| Days on market | 78 | 55 |
Aug 14, 2026
$4,795,000
$4,888,000
-2% Price Drop
Initial Listing
Jun 23, 2026
$4,888,000
Initial Listing
Feb 9, 2022
$5,395,000
Public Record
Jul 10, 2017
$4,440,000
Public Record
Apr 29, 2016
$1,850,000
Public Record
Sep 20, 2007
$1,500,000
Public Record