263 Lamont Drive, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 3 bath

263 Lamont Drive, Los Angeles, California 90042 home-pic-0
ACTIVE$1,845,000
263 Lamont Drive, Los Angeles, California 90042
3Beds
3Baths
2,274Sqft
4,063Lot
Year Built
1925
Close
-
List price
$1.84M
Original List price
$2M
Price/Sqft
$811
HOA
-
Days on market
-
Sold On
-
MLS number
25508873
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s)
Deck
Patio
ViewCity Lights,Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 27% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.84M(93th), sqft - 2274(92th), beds - 3(50th), baths - 3(75th).

Step into a world of timeless elegance and modern comfort with this beautifully restored century-old home, perched majestically atop the coveted Mt. Angelus area in Highland Park. This unique property, a hidden gem nestled along one of the city's celebrated historic walkways, presents an extraordinary opportunity to own a piece of history, having only had three owners since its inception nearly 100 years ago. Now on the market for the first time in almost three decades, this is a chance not to be missed! As you approach the property, you'll appreciate the convenience of street-to-street access, allowing for easy entry to the main level and access to the generously sized two-car garage on the lower level. Entering the home, you are greeted by the original character that defines this enchanting residence- elegant wood flooring, soaring vaulted ceilings, and large windows framing breathtaking views that stretch across the San Gabriel Mountains. The heart of the home is its stunning, fully modernized kitchen, a culinary haven that blends contemporary design with classic charm. Imagine hosting dinner parties in the formal dining room, or enjoying a casual meal in the delightful patio and garden area, perfect for al fresco dining amidst your botanical oasis. The spacious living room, with its expansive vistas, offers a front-row seat to the spectacular Rose Bowl fireworks, Mt. Wilson Observatory, and on crystal-clear days, the majestic Mt. Baldy. This home offers a thoughtfully designed layout, featuring two large bedrooms on the upper floor that provide serene retreats for relaxation. The entire lower floor has been transformed into a luxurious primary suite - a sanctuary of tranquility - complete with two walk-in closets (one with its own half bath), an opulent en-suite bath featuring an infinity tub, and lovely views that invite you to unwind in style. Modern conveniences abound with updated bathrooms, newer electrical wiring, an electric car charging port, a tankless water heater, seismic retrofitting, and a newer air conditioning system. For added peace of mind, the property is equipped with a state-of-the-art alarm and a comprehensive 16-camera security system. The expansive basement offers ample storage, ensuring that all your belongings have a place. Mt. Angelus is not just a home; it's a lifestyle. Enjoy the remarkable location that offers a short commute to downtown Los Angeles and Pasadena, with the vibrant neighborhoods of South Pasadena several blocks away. The nearby Metro station and an array of trendy restaurants, bars, and galleries along the Fig/York corridors make this area a hub of excitement and convenience. Eastsiders know the desirability of a Mt. Angelus address, and those from other parts of the city and the Westside should venture over to see what all the buzz is about.

Price History

Date
Event
Price
05/26/95
Sold
$160,000
Condition Rating
Excellent

Despite being built in 1925, this home has undergone extensive and recent high-quality renovations, bringing it to an 'excellent' condition. The listing explicitly states a 'beautifully restored' home with a 'stunning, fully modernized kitchen' featuring contemporary design, modern appliances, and high-end finishes visible in the images. Bathrooms are 'updated' with modern vanities and tiling. Key systems like electrical wiring, air conditioning, and water heater are 'newer,' and significant upgrades like seismic retrofitting and a comprehensive security system are in place. The elegant wood flooring and overall aesthetic presented in the images support a recently renovated, move-in ready property with no deferred maintenance.
Pros & Cons

Pros

Prime Location & Panoramic Views: Perched majestically in the coveted Mt. Angelus area, the property offers breathtaking views of the San Gabriel Mountains, Rose Bowl fireworks, Mt. Wilson Observatory, and Mt. Baldy, enhancing its desirability and value.
Extensive Modern Upgrades & Systems: The home boasts a fully modernized kitchen, updated bathrooms, newer electrical wiring, a tankless water heater, seismic retrofitting, a newer air conditioning system, an electric car charging port, and a 16-camera security system, ensuring modern comfort and safety.
Unique Historic Charm & Rarity: This beautifully restored century-old home retains its original character with elegant wood flooring and soaring vaulted ceilings, and its rarity is underscored by having only three owners in nearly 100 years and being on the market for the first time in almost three decades.
Luxurious Primary Suite: The entire lower floor is dedicated to a luxurious primary suite, featuring two walk-in closets (one with a half bath), an opulent en-suite bath with an infinity tub, and lovely views, providing a private and tranquil sanctuary.
Convenient Accessibility & Neighborhood Amenities: Offering street-to-street access, a generously sized two-car garage, a short commute to downtown Los Angeles and Pasadena, and proximity to the Metro station and vibrant Fig/York corridors with trendy establishments, the location provides exceptional convenience and lifestyle.

Cons

Significant Price Discrepancy: The current list price of $1.845M is substantially higher than the estimated property value of $1.33M, indicating a potential overpricing relative to automated valuations and recent comparable sales in the area.
Comparatively Smaller Lot Size: With a lot size of 4,063 sqft, the property offers less outdoor space compared to several recently sold comparable properties in the vicinity, which may be a consideration for buyers seeking larger grounds.
Potential for Historic Property Maintenance: Despite extensive restoration and modern updates, a home built in 1925 may still present unique maintenance considerations or require specialized care inherent to century-old properties, which could be a long-term factor for buyers.

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