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3847 W Point Drive, Los Angeles, California 90065, Los Angeles, 90065 - 2 bed, 3 bath

3847 W Point Drive, Los Angeles, California 90065 home-pic-0
ACTIVE$2,200,000
3847 W Point Drive, Los Angeles, California 90065
2Beds
3Baths
2,040Sqft
4,383Lot
Year Built
2025
Close
-
List price
$2.2M
Original List price
$2.2M
Price/Sqft
$1,078
HOA
-
Days on market
-
Sold On
-
MLS number
RS24249954
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Deck
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 11% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.20M(99th), sqft - 2040(85th), beds - 2(35th), baths - 3(58th).

Introducing an exceptional opportunity to create your dream home in the highly sought-after Mount Washington neighborhood of Los Angeles. With Ready-to-Issue (RTI) plans already approved, this is your chance to bring to life a stunning new construction, offering over 2,000 square feet of luxurious living space. Work has already commenced; initial stages of the structure has been placed. No need to wait for city approvals they're already secured the design includes a rooftop pool and elevator, showcasing breathtaking views and a perfect blend of modern living. This hillside estate is an entertainer’s paradise, featuring an expansive outdoor deck ideal for gatherings and relaxation. Situated in one of LA’s most desirable areas, you’ll be just moments from renowned restaurants, trendy coffee shops, and more. Don’t miss the opportunity to own a coveted piece of Mount Washington – where endless possibilities await for your ideal lifestyle.

Nearby schools

4/10
Loreto Street Elementary School
Public,•K-5•0.4mi
2/10
Aragon Avenue Elementary School
Public,•K-5•0.6mi
6/10
Latona Avenue Elementary School
Public,•K-6•0.6mi
7/10
Mt. Washington Elementary School
Public,•K-6•0.8mi
3/10
Aldama Elementary School
Public,•K-6•1.3mi
4/10
Glassell Park Elementary School
Public,•K-6•1.5mi
5/10
Buchanan Street Elementary School
Public,•K-6•1.9mi
5/10
Toland Way Elementary School
Public,•K-6•2.0mi
5/10
Florence Nightingale Middle School
Public,•6-8•0.5mi
6/10
Luther Burbank Middle School
Public,•6-8•2.5mi
7/10
Benjamin Franklin Senior High School
Public,•6-12•1.8mi
7/10
Eagle Rock High School
Public,•7-12•2.8mi

Price History

Date
Event
Price
12/16/24
Listing
$2,200,000
12/16/21
Sold
$260,000
02/26/18
Sold
$70,000
06/13/06
Sold
$110,000
04/23/04
Sold
$22,000
Condition Rating
Excellent
This property is listed with a build year of 2025 and explicitly described as 'new construction' with 'Ready-to-Issue (RTI) plans already approved.' The images, which appear to be high-quality renderings of the completed home, showcase a luxurious and ultra-modern design throughout, including a state-of-the-art bathroom with a freestanding tub, floating vanity, and backlit mirror, as well as sleek living spaces with contemporary lighting and finishes. The property will feature all new components, meeting the highest current quality standards with no deferred maintenance.
Pros & Cons

Pros

RTI Approved Plans: Ready-to-Issue (RTI) plans are already approved, eliminating significant time and uncertainty typically associated with city permits for new construction.
New Construction Opportunity: This offers the rare chance to complete a brand-new, custom-designed luxury home, with initial stages of construction already underway.
High-End Design & Amenities: The approved plans include luxurious features such as a rooftop pool and an elevator, promising a modern and sophisticated living experience.
Desirable Location: Situated in the highly sought-after Mount Washington neighborhood, offering proximity to renowned restaurants, coffee shops, and a vibrant LA lifestyle.
Views & Entertainment Space: Designed as a hillside estate with breathtaking views and an expansive outdoor deck, ideal for entertaining and relaxation.

Cons

Incomplete Project: The property is currently in its initial construction stages, meaning it is not move-in ready and requires substantial further development by the buyer.
Significant Additional Investment: The listed price is for an incomplete structure, implying a considerable additional financial commitment will be necessary to finalize the luxurious design and make it habitable.
Project Management Required: Buyers must be prepared to manage or oversee the remaining construction, which involves time, effort, and potential for unforeseen challenges or delays.

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