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7040 Hillside Avenue, Los Angeles, California 90068, Los Angeles, 90068 - 3 bed, 3 bath

7040 Hillside Avenue, Los Angeles, California 90068 home-pic-0
ACTIVE$2,990,000
7040 Hillside Avenue, Los Angeles, California 90068
3Beds
3Baths
2,736Sqft
7,472Lot
Year Built
1925
Close
-
List price
$2.99M
Original List price
$3.2M
Price/Sqft
$1,093
HOA
-
Days on market
-
Sold On
-
MLS number
25566575
Home ConditionExcellent
Features
Pool
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.99M(82th), sqft - 2736(63th), beds - 3(50th), baths - 3(50th).

Major Price Reduction! Come check out this gem. 7040 Hillside is a piece of Hollywood's golden era. This Spanish Revival beauty was designed in 1925 by architect-to-the-stars, Marshall P. Wilkinson and lovingly updated for modern living. Walled and gated for privacy, this home exudes quiet elegance. Enter into a soaring two-story foyer with painted beamed ceiling and the first of the beautiful wrought iron work featured throughout. The generous step-down living room offers a wood burning fireplace and French doors to the stunning back patio. The dining room is separated by columned arches. The kitchen features top of the line appliances, Wolf, Sub-Zero, Bosch. Upstairs, the large, airy primary bedroom offers abundant light and a beautifully appointed en suite bath. The second bedroom suite offers a separate lounge room. A shared bathroom serves it and the third bedroom, currently used as an office. A small downstairs room can be a wine cellar or small gym. The spectacular back patio features a classic pool, surrounded by lounging areas, fountains, outdoor dining, and a built in fire pit. The mature surrounding landscape offers utmost privacy. This is a true sanctuary in the heart of the busy city, convenient to everything yet feeling a world away. Welcome home! (Be sure to click on the Virtual Tour and Property Website buttons above.)

Price History

Date
Event
Price
10/20/25
Price Change
$2,990,000-6.5%
07/20/25
Listing
$3,199,000
03/31/20
Sold
$3,175,000
11/25/15
Sold
$2,400,000
04/16/04
Sold
$1,300,000
Condition Rating
Excellent
This 1925 Spanish Revival home has been extensively and lovingly updated for modern living, as evidenced by the description and high-quality images. The kitchen features top-of-the-line appliances (Wolf, Sub-Zero, Bosch), indicating a premium renovation. Bathrooms, particularly the one shown with a freestanding tub and glass-enclosed shower, are beautifully appointed with modern fixtures and finishes. Throughout the home, light hardwood floors, contemporary light fixtures, and fresh paint contribute to an 'excellent' condition. While the property was built in 1925, the comprehensive and high-end renovations, likely within the last 5 years based on the modern aesthetic, bring it to current quality standards with no visible deferred maintenance. The absence of central air conditioning is a notable feature omission, but does not detract from the excellent condition of the existing and renovated components.
Pros & Cons

Pros

Historic Architectural Significance: This Spanish Revival home, designed in 1925 by architect-to-the-stars Marshall P. Wilkinson, offers unique historical charm and exquisite architectural details like a soaring two-story foyer and wrought iron work.
Luxurious Modern Updates: The property has been lovingly updated for modern living, featuring a kitchen with top-of-the-line appliances (Wolf, Sub-Zero, Bosch) and beautifully appointed en suite bathrooms.
Exceptional Outdoor Living & Privacy: A spectacular walled and gated back patio provides utmost privacy, featuring a classic pool, lounging areas, fountains, outdoor dining, and a built-in fire pit, surrounded by mature landscaping.
Prime Location & Seclusion: Located in the heart of Hollywood, the property offers convenience to city amenities while feeling like a true sanctuary, a world away from the busy urban environment.
Versatile Interior Spaces: The home includes flexible spaces such as a second bedroom suite with a separate lounge room and a small downstairs room adaptable as a wine cellar or gym, catering to diverse lifestyle needs.

Cons

Lack of Views: The property explicitly states 'None' for views, which is a significant drawback for a luxury residence in the Hollywood Hills where panoramic vistas are often a premium and highly sought-after feature.
Recent Price Reduction: A 'Major Price Reduction' from the original list price indicates the property may have been initially overpriced or has faced challenges in attracting offers, potentially signaling market resistance.
Absence of Central Air Conditioning: The description does not mention a cooling system, which is a common expectation and desirable feature for a luxury home in Los Angeles, especially given the 1925 build year.

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