The property consists of a 4,796 sq ft (457 sq m) main house and a 2,092 sq ft (457 sq m) guest house with six bedrooms and five bathrooms.
The 6.7 acre site is located in the West Hills in the western San Fernando Valley area. About 30 miles northwest of downtown Los Angeles
"It's become very important in the history of cinema," said Mike Deasy, a realtor with Deasy Penner & Partners, of the property. "That part (of the San Fernando Valley) was largely undeveloped and (used as) a ranch."
In fact, it was formed from the original 270-acre Spanish land grant.
Prague-born film and stage actor Franz Lederer, who would go on to fame in Hollywood, bought the property in the 1920s and began working with designer John R. Litke. The estate was completed in 1934 and was modelled on two churches in California: Santa Ynez and San Luis Rey.
Lederer died in 2000 at the age of 100.
The estate is known as the Franz Lederer estate and ranch, and even has two cows. According to the listing information, some of the artwork will remain on the property.
The striking manor house was featured in the mv for OneRepublic's album 'Didn't'.
The manor house style is based on a brick courtyard and fountain. The interior features vaulted ceilings with heavy beams, arched windows and 35 pairs of Spanish doors. The white brick walls and trim are of a delightful vintage design.
There are two suites in the main house, as well as a library with a Gothic fireplace and a dining terrace.
Guests or staff can use the separate three-bedroom, two-bathroom guesthouse.
Recent restoration work has included preserving and protecting the facades, which were built with local stone and historic tiles imported from Spain and Portugal, says Deasy.
In 2000, the entire estate was reinforced for earthquake safety.
It is listed as Los Angeles Historic-Cultural Monument 204, an award given for its architectural, cultural and historical significance. It is a thoroughly modern home, but remains true to the spirit of old California.
"It's not an ordinary house and there aren't many hilltop ranches for sale in the area", says Deasy." It is (also) a very reasonable price."