Nestled in the exclusive Lake Hollywood Estates directly beneath the iconic Hollywood Sign, this is a rare hidden-gem opportunity with extraordinary upside and quintessential Los Angeles living at its finest. Set on an expansive 17,638 SF lot and bordered by a serene pine-filled canyon, the home enjoys unobstructed Hollywood Sign views from both inside and out, creating a true mountain retreat feel in the heart of the city. The existing 4 bed 3 bath residence features generous living and dining spaces, a large kitchen that opens to a family room with fireplace and wet bar, and all bedrooms upstairs including a spacious primary suite with deck access and sweeping canyon vistas. The private backyard is designed for entertaining with a pool, spa, and breathtaking views of the Sign and Cahuenga Peak. The home offers incredible potential to be transformed into something truly special in one of Los Angeles' most sought-after neighborhoods, just minutes from major studios, dining, shopping, and scenic hiking trails.
For sale
$2,095,000
3127 Arrowhead Dr, Los Angeles, CA 90068
4beds
2,763sqft
Est.:
Residential, Single Family Residence
Built in 1977
0.4 Acres Lot
$2,061,000 Zestimate®
$758/sqft
$-- HOA
What's special
All bedrooms upstairs
- 4 hours |
- 283 |
- 18 |
Zillow last checked: 8 hours ago
Listing updated: 20 hours ago
Listed by:
Aren Afsharian DRE # 01928144 310-200-9323,
Carolwood Estates 310-623-3600
Source: CLAW,MLS#: 26650137
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Walk-In Closet, Dining Room, Living Room, Entry, Family Room, Powder
Heating
- Central
Cooling
- Central Air, Air Conditioning
Appliances
- Included: Dishwasher, Refrigerator, Range/Oven
- Laundry: Laundry Room
Features
- Built-Ins
- Flooring: Tile, Wood
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,763
- Total interior livable area: 2,763 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - 2 Car
- Garage spaces: 2
Features
- Levels: Two
- Pool features: In Ground
- Spa features: In Ground
- Has view: Yes
- View description: Mountain(s), Tree Top, Landmark, Park/Greenbelt
Lot
- Size: 0.4 Acres
- Dimensions: 136 x 130
Details
- Additional structures: None
- Parcel number: 5577036029
- Zoning: LARE15
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Residential, Single Family Residence
Condition
- Year built: 1977
Community & HOA
Community
- Security: Alarm System
HOA
- Has HOA: No
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $758/sqft
- Tax assessed value: $673,541
- Annual tax amount: $8,758
- Date on market: 2/12/2026
Estimated market value
$2,061,000
$1.96M - $2.16M
$11,000/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/12/2026 | Listed for sale | $2,095,000-7.9%$758/sqft |
Source:  CLAW #26650137 Report a problem | ||
| 11/7/2025 | Listing removed | $2,275,000$823/sqft |
Source: CLAW #25605387 Report a problem | ||
| 10/13/2025 | Price change | $2,275,000-3%$823/sqft |
Source: CLAW #25605387 Report a problem | ||
| 8/30/2025 | Price change | $2,345,000-6%$849/sqft |
Source: CLAW #25552161 Report a problem | ||
| 7/12/2025 | Price change | $2,495,000-3.9%$903/sqft |
Source: CLAW #25552161 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,758 +2.3% | $673,541 +2% |
| 2024 | $8,561 +1.9% | $660,335 +2% |
| 2023 | $8,404 +4.3% | $647,388 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$13,260/mo
Principal & interest
$10467
Property taxes
$2060
Home insurance
$733
Climate risks
Neighborhood: Hollywood Hills
Nearby schools
GreatSchools rating
- 3/10Cheremoya Avenue Elementary SchoolGrades: K-5Distance: 1.5 mi
- 4/10Joseph Le Conte Middle SchoolGrades: 6-8Distance: 2.3 mi
- 7/10Hollywood Senior High SchoolGrades: 9-12Distance: 2 mi
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