7265 Caverna Drive, Los Angeles, California 90068, Los Angeles, 90068 - 3 bed, 3 bath
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Los Angeles, California 90068
This Contemporary Architectural Home represents a Strong Value Opportunity, listed at $1,649,000—positioned well below the $1,703,419 Fair Market Value by 3%. This valuation gap provides $54,419 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a modern kitchen and staggering panoramic views of Universal Studios. Located near 8/10 rated Valley View Elementary, this property is an ideal acquisition for Owner-Occupants or sophisticated buyers seeking a move-in ready residence in the Hollywood Hills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7265 Caverna Drive Subject | $1,649,000* List Price | 3 | 3 | 2,494 | $683 | - |
A 3115 Ellington Sold | $1,390,000 | 4 | 4 | 2,550 | $545 | 0.3 mi |
B 7141 Woodrow Wilson Drive Sold | $1,925,000 | 3 | 4 | 2,475 | $778 | 0.3 mi |
C 3339 Bennett Drive Sold | $1,960,000 | 4 | 3 | 2,352 | $833 | 0.4 mi |
D 6970 La Presa Drive Sold | $1,875,000 | 4 | 3 | 2,974 | $630 | 1.0 mi |
E 3148 Barbara Court Sold | $1,300,000 | 2 | 3 | 1,794 | $725 | 0.5 mi |
F 2775 Wright Lane Sold | $1,245,000 | 3 | 4 | 1,859 | $670 | 0.6 mi |
G 7265 Caverna Drive Active | $1,765,000 List Price | 3 | 3 | 2,494 | $708 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1989, the property has undergone significant renovations, particularly in the kitchen which features modern white shaker cabinets, stone countertops, and stainless steel appliances consistent with a 5-15 year old update. The home is well-maintained and move-in ready with functional systems and updated flooring, though some bathroom finishes appear slightly more dated.
This contemporary home features staggering panoramic views of Universal Studios and city lights, complemented by dramatic cathedral ceilings and floor-to-ceiling windows that maximize natural light.
Ideally situated within walking distance to the coveted Runyon Canyon and minutes from the Sunset Strip and major film studios, offering a quintessential Los Angeles lifestyle.
Positioned as a high-value opportunity with a major price reduction and highly motivated sellers, making it a competitive entry point for a nearly 2,500 sqft residence in this area.
The hillside lot configuration prioritizes vertical views and balcony living over a flat, usable backyard space, which may not suit buyers seeking traditional lawn areas.
While the local elementary school is highly rated at an 8/10, the assigned middle schools in the area have significantly lower ratings, potentially impacting appeal for families with older children.
Major Price Reduction! The sellers are "MOTIVATED". This is definitely the best value in the hills. Incredible opportunity for buyers seeking a very cool architectural home with views, privacy, and a prime location. This stunning contemporary home offers staggering panoramic views overlooking Universal Studios and city lights. The kitchen is enormous and opens to a private deck for barbecuing and luxurious outdoor dining area. The magnificent living room has cathedral ceilings with beautifully designed floor to ceiling windows, accentuated with a separate bar area, fireplace and opens to a large deck to enjoy outdoor living. The master bedroom features stunning views, fireplace, balcony, and spa-like bathroom amenities with a large walk-in closet. Walking distance to the coveted Runyon Canyon. Minutes to the heart of Hollywood, the studios and the Sunset Strip. Many upgrades. The best deal in the Hollywood Hills, priced to sell fast!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 1.5 mi
Grades K-6 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,494 | 1,672 |
| Lot Size | 6,255 | 6,067 |
| Price | $1.65M | $1.37M |
| Price per sq ft | $661 | $801 |
| Built year | 1989 | 1939 |
| HOA | $0 | $348 |
| Days on market | 8 | 56 |
Jul 14, 2026
$1,649,000
Initial Listing
May 17, 2016
$1,367,000
Public Record
Jun 11, 2015
$1,240,000
Public Record
Apr 26, 2002
$785,000
Public Record