7265 Caverna Drive, Los Angeles, California 90068, Los Angeles, 90068 - 3 bed, 3 bath
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Los Angeles, California 90068
This Architectural Contemporary View Home is a Strong Value Opportunity, listed at $1,849,000—positioned well below the $1,971,146 Fair Market Value by 6%. This valuation gap secures $122,146 in Instant Equity for the buyer. Maintaining a Good Condition Rating, the property features panoramic city views, cathedral ceilings, and an updated gourmet kitchen. Proximity to top-rated Valley View Elementary and Runyon Canyon enhances its long-term desirability. This is an ideal acquisition for Owner-Occupants or Lifestyle-Driven Buyers seeking a turnkey hillside retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7265 Caverna Drive Subject | $1,849,000* List Price | 3 | 3 | 2,494 | $789 | - |
A 3339 Bennett Drive Sold | $1,960,000 | 4 | 3 | 2,352 | $833 | 0.4 mi |
B 3471 Oak Glen Drive Sold | $1,420,000 | 3 | 2 | 1,710 | $830 | 0.8 mi |
C 3115 Ellington Active | $1,599,900 List Price | 4 | 4 | 2,550 | $627 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant modern updates throughout. While built in 1989, the home features an updated kitchen with high-end stainless steel appliances, stone countertops, and contemporary cabinetry. Bathrooms have been modernized with glass enclosures and current tiling. The interior boasts well-maintained hardwood flooring, recessed lighting, and architectural features like cathedral ceilings that remain stylish. It fits the 'good' criteria as a well-maintained home with extensive renovations likely completed within the last 5-15 years.
The property offers staggering panoramic views of Universal Studios and city lights, showcased through dramatic floor-to-ceiling windows.
This contemporary home features sophisticated architectural elements, including cathedral ceilings and an open-concept layout that maximizes natural light.
Situated in the prestigious Hollywood Hills West, the home is walking distance to Runyon Canyon and minutes from the Sunset Strip and major film studios.
Due to its hillside location and 6,255 sqft lot, the property lacks a traditional flat backyard, relying primarily on balconies and decks for outdoor space.
While the elementary school is close, the assigned middle and high schools are located over 2.5 miles away, which may be a consideration for families.
Built in 1989, the home may require ongoing specialized maintenance or further aesthetic updates to compete with brand-new contemporary builds in the area.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,494 | 2,402.5 | 55% |
| Lot Size | 6,255 | 7,142 | 35% |
| Price | $1.85M | $1.97M | 44% |
| Price per sq ft | $741 | $887 | 23% |
| Built year | 1989 | 1949 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 72 | 196 | 8% |
Feb 9, 2026
$1,849,000
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