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1651 Fairburn Avenue, Los Angeles, California 90024, Los Angeles, 90024 - 5 bed, 5 bath

1651 Fairburn Avenue, Los Angeles, California 90024 home-pic-0
ACTIVE$4,900,000
1651 Fairburn Avenue, Los Angeles, California 90024
5Beds
5Baths
4,374Sqft
6,308Lot
Year Built
2021
Close
-
List price
$4.9M
Original List price
$5.48M
Price/Sqft
$1,120
HOA
-
Days on market
-
Sold On
-
MLS number
AR24242888
Home ConditionExcellent
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

We found 3 Cons,6 Pros. Rank: price - $4.90M(72th), sqft - 4374(79th), beds - 5(64th), baths - 5(59th).

PRICE IMPROVEMENT!!! SELLER MOTIVATED TO SELL, HAS FOUND A REPLACEMENT HOME! Nestled in the heart of Los Angeles, this modern masterpiece at 1651 Fairburn Avenue exudes luxury and sophistication. Built in 2021, this 5-bedroom, 5-bathroom home spans 4,942 square feet, offering a harmonious blend of contemporary design and timeless elegance. Boasting all the modern amenities, the residence features an open floor plan, sleek finishes, and abundant natural light. The property includes a gourmet kitchen, a spacious living area, and a serene patio perfect for entertaining or relaxation. With a 2-car garage and state-of-the-art systems, this home is designed for both comfort and convenience. Located minutes from the fine dining and award-winning schools of Westwood and Beverly Hills, this pristine home is ideal for those seeking a cosmopolitan lifestyle in one of LA's most coveted neighborhoods. Don't miss the opportunity to own this stunning retreat that embodies the apex of refined design and luxury living! The house can be purchase FULLY FURNISHED! SELLER WILL LISTEN TO ALL REASONABLE OFFERS!

Nearby schools

9/10
Fairburn Avenue Elementary School
Public,•K-5•0.3mi
9/10
Warner Avenue Elementary School
Public,•K-5•1.0mi
7/10
Nora Sterry Elementary School
Public,•K-5•1.3mi
5/10
Brentwood Science School
Public,•K-5•2.6mi
8/10
El Rodeo Elementary School
Public,•K-8•1.1mi
3/10
Daniel Webster Middle School
Public,•6-8•1.9mi
9/10
Beverly Hills High School
Public,•9-12•1.1mi
6/10
University Senior High School Charter
Public,•9-12•2.0mi
6/10
University Senior High School
Public,•9-12•2.0mi

Price History

Date
Event
Price
03/11/22
Sold
$4,290,000
07/15/16
Sold
$1,575,000
07/15/14
Sold
$1,440,014
Condition Rating
Excellent
Built in 2021, this property is virtually new and exemplifies modern luxury. The gourmet kitchen features professional-grade stainless steel appliances, sleek cabinetry, and high-end countertops. Bathrooms are equally impressive with contemporary fixtures, marble-look tiling, and modern vanities. The entire home showcases new, high-quality finishes, light wood flooring, and state-of-the-art systems, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
New Construction & Modern Luxury: Built in 2021, this property is a modern masterpiece featuring contemporary design, sleek finishes, state-of-the-art systems, and an open floor plan, offering a turn-key luxury experience.
Exceptional Prime Location: Nestled in a highly coveted Los Angeles neighborhood, the home is minutes from fine dining, entertainment, and top-rated schools (Fairburn Avenue Elementary 9/10, Beverly Hills High 9/10) in Westwood and Beverly Hills.
Spacious and Well-Appointed Interior: Boasting 5 bedrooms, 5 bathrooms, and 4,374 square feet of living space, the property features a gourmet kitchen, spacious living areas, abundant natural light, and a serene patio ideal for entertaining.
Motivated Seller & Price Improvement: The property has undergone a significant price reduction from its original list price of $5.48M to $4.9M, coupled with a highly motivated seller who has found a replacement home, indicating strong negotiation potential.
Turn-Key Furnishing Option: The unique option to purchase the home fully furnished provides exceptional convenience for buyers seeking an immediate, hassle-free move-in solution.

Cons

Square Footage Discrepancy: There is a notable discrepancy between the description stating 4,942 square feet and the provided data indicating 4,374 square feet, which may require clarification for potential buyers.
Absence of Pool/Spa: For a luxury home of this caliber and new construction in a desirable Los Angeles market, the lack of a pool or spa could be a perceived omission for high-end buyers expecting comprehensive outdoor amenities.
Significant Price Increase from Last Sale: The current list price of $4.9M is considerably higher than its 2022 sale price of $4.29M, which may prompt buyers to scrutinize the property's recent market appreciation and current value proposition.

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