Robert Englund, best known as Freddie Krueger in the A Nightmare On Elm Street franchise, will direct Killer Pad, a horror-comedy from producers Wayne Rice (Dude, Where's My Car?) and Avi Chesed that's set to begin lensing late next month in L.A.

The script was penned by tyro scribe Dan Stoller. Film stars Shane McRae, Eric Jungman and Daniel Franzese, and rapper-indie music mogul Master P will do the soundtrack.

Variety says the s tory revolves around three friends who use money from an insurance claim to move out of their parents' homes. They score a place in the Hollywood Hills and refuse to believe that the house has a dark history.

Englund previously directed the feature 976-Evil, which New Line released in 1989.