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1029 White Knoll Drive, Los Angeles, California 90012, Los Angeles, 90012 - 3 bed, 4 bath

1029 White Knoll Drive, Los Angeles, California 90012 home-pic-0
ACTIVE$1,550,000
1029 White Knoll Drive, Los Angeles, California 90012
3Beds
4Baths
2,525Sqft
1,360Lot
Year Built
2020
Close
-
List price
$1.55M
Original List price
$1.5M
Price/Sqft
$614
HOA
$127.83
Days on market
-
Sold On
-
MLS number
TR25150269
Home ConditionExcellent
Features
Excellent View: City Lights, Landmark, Mountain(s), Panoramic
Deck
ViewCity Lights,Landmark,Mountain(s),Panoramic

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 4 Cons,5 Pros. Rank: price - $1.55M(91th), sqft - 2525(91th), beds - 3(50th), baths - 4(82th).

Welcome to your new home in prime Echo Park, where modern elegance meets urban festivity! This stunning 3-bedroom, 3.5-bathroom residence, built in 2021, offers comfortable living nestled against the picturesque backdrop of Elysian Park. Step inside and be greeted by an abundance of natural light streaming through the dual-pane picture windows, illuminating the open-concept living space. With tall 10-foot ceilings, the home feels airy and free, creating the perfect ambiance for relaxation and entertainment. The heart of the home lies in the kitchen, boasting sleek quartz countertops, a center island, and edgy stainless steel appliances, including a 5-burner Bertazzoni range. On the second level, you'll find the primary suite complete with a walk-in closet, dual sink vanity, and a roomy shower. Two additional bedroom suites offer comfort and privacy for family members or guests. This home is equipped with CAT-5 wiring, a smart thermostat, and smart door locks for added security and efficiency. Parking is a breeze with a 2-car garage, ensuring that you'll always have a space to come home to. But perhaps the pièce de résistance is the expansive rooftop deck, offering panoramic views of Los Angeles' iconic skyline as well as the winning lights of Dodgers Stadium. This home is the perfect spot to unwind with a glass of wine or host gatherings under the city lights. Being in the heart of Echo Park and conveniently close to 110, 101, I-5, and I-10, you'll enjoy easy access to a myriad of entertainment, nightlife, and dining options in DTLA, Chinatown, Olvera Street, Silver Lake, Little Tokyo, Arts District, and much much more. Do not let this opportunity pass you by. 1029 White Knoll is ready to welcome its next resident! *Home is also listed for lease. Furniture are not included.*

Nearby schools

6/10
Castelar Street Elementary School
Public,•K-5•0.6mi
4/10
Betty Plasencia Elementary School
Public,•K-6•0.6mi
7/10
Solano Avenue Elementary School
Public,•K-6•0.9mi
2/10
Logan Street Elementary School
Public,•K-8•0.8mi
3/10
Sal Castro Middle School
Public,•6-8•1.1mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.9mi
3/10
Belmont Senior High School
Public,•9-12•1.1mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•2.5mi

Price History

Date
Event
Price
11/29/21
Sold
$1,335,000
Condition Rating
Excellent
This property, built in 2021, is virtually new and exemplifies modern elegance. The kitchen features sleek quartz countertops, a center island, and high-end stainless steel Bertazzoni appliances. Bathrooms boast contemporary vanities, tiling, and spacious showers. Throughout the home, you'll find hardwood flooring, modern light fixtures, dual-pane windows, and smart home technology (CAT-5 wiring, smart thermostat, smart door locks). There is no deferred maintenance, and all components meet current quality standards, making it an excellent, move-in ready home.
Pros & Cons

Pros

Expansive Rooftop Deck & Panoramic Views: The property boasts an expansive rooftop deck offering panoramic views of the Los Angeles skyline, Dodgers Stadium, city lights, and mountains, providing exceptional outdoor living and entertainment space.
New Construction & Modern Design: Built in 2021, the residence features modern elegance with tall 10-foot ceilings, an open-concept living space, and dual-pane picture windows, ensuring a contemporary and airy feel.
High-End Kitchen: The heart of the home features a modern kitchen equipped with sleek quartz countertops, a center island, and edgy stainless steel appliances, including a 5-burner Bertazzoni range.
Prime Echo Park Location & Accessibility: Situated in the heart of Echo Park, the home offers convenient access to major freeways (110, 101, I-5, I-10) and a myriad of entertainment, dining, and nightlife options in surrounding vibrant neighborhoods.
Smart Home Features: The residence is equipped with modern smart home technology, including CAT-5 wiring, a smart thermostat, and smart door locks, enhancing security and efficiency.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1360, living area = 2525.
Small Lot Size: With a lot size of only 1360 sqft, the property offers minimal ground-level outdoor space, which may be a drawback for buyers seeking a larger yard.
Homeowners Association (HOA) Fees: The property is subject to a monthly association fee of $127.83, which adds to the ongoing cost of ownership for a single-family residence.
Valuation Discrepancy: The current listing price of $1.55M is notably higher than the estimated property value of $1.456M, potentially indicating an aggressive pricing strategy or a gap in market perception.

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