1204 N Thomas Lane, Los Angeles, California 90038, Los Angeles, 90038 - 3 bed, 4 bath

1204 N Thomas Lane, Los Angeles, California 90038 home-pic-0
ACTIVE$1,499,000
1204 N Thomas Lane, Los Angeles, California 90038
3Beds
4Baths
2,060Sqft
1,287Lot
Year Built
2021
Close
-
List price
$1.5M
Original List price
$1.55M
Price/Sqft
$728
HOA
$185
Days on market
-
Sold On
-
MLS number
25512489
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Landmark
Deck
ViewCity Lights,Hills,Landmark

About this home

Possibly Over-Priced:The estimated price is 17% below the list price. We found 4 Cons,5 Pros. Rank: price - $1.50M(93th), sqft - 2060(64th), beds - 3(50th), baths - 4(50th).

This 3-bedroom, 3.5-bath home offers 2,060 sq. ft. of thoughtfully designed living space, featuring a series of high-end upgrades. Custom window treatments add style and functionality throughout, while the powder room has been completely remodeled into a chic, moody retreat. Storage has been significantly enhanced with new kitchen pantry cabinetry, additional garage cabinets, a redesigned primary closet with extra drawers and shelving, and upper linen cabinets with stone countertops. The open floor plan is bright and welcoming, with one bedroom on the entry level and two bedrooms, including the primary suite, on the third floor. Outdoor spaces include a balcony off the living room, a private balcony off the primary bedroom, and an expansive rooftop deck. The rooftop is a true highlight, finished with lush, low-maintenance turf, a gas line for a BBQ and fire pit, and a privacy fence creating an inviting space perfect for lounging, entertaining, and taking in the stunning view of the Hollywood sign. Situated in a vibrant, walkable neighborhood, this home is just steps from some of the area's best amenities. Enjoy dining at Salt's Cure, Superba, Gwen, Kreation, and Rao's, pick up fresh produce at the Hollywood Farmers Market, or grab your essentials at Mother's Market. A local coffee shop is just around the corner, adding even more convenience to this ideal location. This home seamlessly combines style, comfort, and an unbeatable location perfect for modern living in the heart of Hollywood.

Condition Rating
Excellent

Built in 2021, this property is virtually new and features extensive high-end upgrades, including a modern kitchen with sleek cabinetry, quality appliances, and contemporary finishes. The bathrooms are also updated with modern vanities, fixtures, and tiling. Hardwood flooring throughout, recessed lighting, and a well-maintained rooftop deck further contribute to its excellent condition, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction & High-End Upgrades: Built in 2021, this home features thoughtfully designed living space with a series of high-end upgrades, including custom window treatments, a chic remodeled powder room, and enhanced storage solutions throughout.
Exceptional Rooftop Deck: The expansive rooftop deck is a true highlight, finished with lush, low-maintenance turf, a gas line for a BBQ and fire pit, a privacy fence, and offers stunning views of the Hollywood Sign, perfect for entertaining and relaxation.
Prime Walkable Hollywood Location: Situated in a vibrant, walkable neighborhood, the property is just steps from popular dining spots, the Hollywood Farmers Market, and local coffee shops, offering an unbeatable location for modern city living.
Modern Open Floor Plan: The bright and welcoming open floor plan, combined with multiple outdoor spaces including balconies off the living room and primary bedroom, enhances the sense of spaciousness and indoor-outdoor living.
Enhanced Storage Solutions: Significant storage improvements have been made, including new kitchen pantry cabinetry, additional garage cabinets, a redesigned primary closet with extra drawers and shelving, and upper linen cabinets.

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 = 1287, living area = 2060.
Potential Overpricing: The current list price of $1,499,000 is significantly higher than the property's estimated value of approximately $1,243,016, suggesting it may be overpriced relative to market valuations.
Compact Lot Size: With a lot size of only 1,287 sq. ft. for a single-family residence, the property offers minimal outdoor ground space beyond the balconies and rooftop deck, which may not appeal to buyers seeking a traditional yard.
Monthly Association Fees: The property incurs a monthly association fee of $185, adding to the ongoing cost of ownership, which some buyers might prefer to avoid for a single-family residence.

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