3657 1/2 Regal Place 3657 1/2, Los Angeles, California 90068, Los Angeles, 90068 - 4 bed, 4 bath

3657 1/2 Regal Place 3657 1/2, Los Angeles, California 90068 home-pic-0
ACTIVE$2,750,000
3657 1/2 Regal Place 3657 1/2, Los Angeles, California 90068
4Beds
4Baths
2,560Sqft
28,000Lot
Year Built
2024
Close
-
List price
$2.75M
Original List price
$2.75M
Price/Sqft
$1,074
HOA
$1,007.13
Days on market
-
Sold On
-
MLS number
24385091
Home ConditionExcellent
Features
Good View: City Lights, Hills, Valley
Deck
Spa
ViewCity Lights,Hills,Valley

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.75M(80th), sqft - 2560(61th), beds - 4(59th), baths - 4(65th).

Welcome to The Regal, a luxurious retreat nestled in one of LA's most sought-after neighborhoods, harmoniously combining historical charm with contemporary convenience. This residential 2-story home boasts a private 1000 square foot deck with spa, 4 bedrooms and 4 baths. Additionally, it offers a detached 4-car garage, providing a house-like feel separate from the main building. Offering a tranquil and lavish lifestyle, our elegantly appointed residences align with LA's finest standards while providing the modern conveniences you deserve. As LA's newest and premier luxury building, The Regal stands out with its modern and high-end design, making it the optimal choice for professionals, given its proximity to studios and amenities. With 28 residential units, each exuding class and opulence, our living spaces feature stunning views of green surroundings, Italian kitchens, hidden pantries, high-end fixtures, and spacious terraces. Keyless fob entry doors, high ceilings, waterproof light oak floors, powder bathrooms, Italian kitchens with lifetime warranty hardware, walk-in closets, and more. Impeccable craftsmanship and cutting-edge technology in fittings and fixtures ensure a quality living experience. Indulge in the extensive list of amenities at The Regal, including a lobby, recreation room, fitness center, and office spaces. Our commitment to convenience is evident with keyless smart systems & Amazon lockers. The outdoor garden, designed for relaxation, features a Zen wall water feature surrounded by native plants, providing a tranquil atmosphere for meditation. Situated adjacent to Studio City in Los Angeles, The Regal enjoys a serene location in a quiet cul-de-sac surrounded by nature. Easy access to the 101 freeway and proximity to public transportation options, such as metro and bus stops, enhance convenience, where residents can explore nearby hiking trails, including Runyon and Fryman Trails, and enjoy diverse dining options. At The Regal, we prioritize enhancing your living experience. Our state-of-the-art fitness center, equipped with top-of-the-line exercise equipment, caters to fitness enthusiasts and those looking to stay active. We also feature a separate recreation room. Whether you seek luxury living, convenience, or a tranquil retreat, The Regal invites you to call it home, where modernity meets sophistication. Now accepting Sale Reservations. Contact Listing agent for more information on how to purchase this unit once the final public report is received.

Condition Rating
Excellent

Built in 2024, this is a brand new luxury property featuring modern, high-end design and finishes throughout. The kitchen boasts Italian cabinetry with lifetime warranty hardware, sleek wood-grain finishes, white countertops, and stainless steel appliances. The property includes waterproof light oak floors, high ceilings, recessed lighting, and cutting-edge technology, indicating all components are new and meet current quality standards with no depreciation. The overall aesthetic is contemporary and pristine.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28000, living area = 2560.
Brand New Luxury Construction: Built in 2024, this is a premier, modern, and high-end luxury building with impeccable craftsmanship and cutting-edge technology, offering a fresh and contemporary living experience.
Exceptional Private & Community Amenities: Features a private 1000 sq ft deck with a spa, a detached 4-car garage, plus extensive community amenities including a lobby, fitness center, recreation room, office spaces, smart systems, Amazon lockers, and a tranquil Zen garden.
Premium Interior Finishes: Boasts Italian kitchens with lifetime warranty hardware, hidden pantries, high-end fixtures, high ceilings, waterproof light oak floors, keyless entry, and walk-in closets, ensuring a lavish and convenient lifestyle.
Desirable Location & Accessibility: Situated in a serene, quiet cul-de-sac adjacent to Studio City, offering easy access to the 101 freeway, public transportation, major studios, and renowned hiking trails (Runyon, Fryman).
Stunning Views: Provides captivating City Lights, Hills, and Valley views, enhancing the property's aesthetic appeal and overall value.

Cons

Substantial Monthly Association Fee: The monthly association fee of $1,007.13 is considerably high, adding a significant recurring cost to ownership that buyers must factor into their budget.
Pre-Sale/Reservation Status: Currently accepting 'Sale Reservations' and awaiting a 'final public report,' indicating the property is not ready for immediate move-in and may involve uncertainties or delays typical of new developments.
Potential Misconception of Lot Size/Property Type: While described as a 'home' with a 'detached 4-car garage,' it's one of 28 units in a building. The 28,000 sq ft lot size likely refers to the entire development's common area, not a private lot for this specific unit, which could lead to buyer confusion if they expect a traditional single-family home on a large private parcel.

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