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3851 N Riley Lane, Los Angeles, California 90065, Los Angeles, 90065 - 2 bed, 3 bath

3851 N Riley Lane, Los Angeles, California 90065 home-pic-0
ACTIVE$1,243,850
3851 N Riley Lane, Los Angeles, California 90065
2Beds
3Baths
1,642Sqft
1,426Lot
Year Built
2025
Close
-
List price
$1.24M
Original List price
$1.24M
Price/Sqft
$758
HOA
$169.25
Days on market
-
Sold On
-
MLS number
25591255
Home ConditionExcellent
Features
Good View: City Lights, Hills
Deck
ViewCity Lights,Hills

About this home

Fairly Priced:The estimated price is in line with the list price. We found 4 Cons,5 Pros. Rank: price - $1.24M(50th), sqft - 1642(53th), beds - 2(35th), baths - 3(58th).

ADDITIONAL $10K IN BUILDER CREDIT OFFERED FOR ALL CONTRACTS SIGNED BY 12/31! MOVE-IN READY! $75K BUILDER CREDIT ON THIS HOME ONLY (+$10K IF YOU SIGN BY 12/31!) Nelavida is Glassell Park's hottest new single family small lot address, the perfect marriage of SoCal sensibility and boho-luxe living! Nelavida offers 2BR and 3BR homes, each featuring designer fit and finish, roof decks with sweeping views of San Rafael Hills, bonus rooms and energy efficient living for the discerning, design-minded NELA buyer. Nelavida's residents will enjoy high-end appliances including Bertazzoni ranges, durable and sophisticated quartz countertops, LVP flooring, custom flat panel frameless cabinets, champagne bronze finishes and more! This all-electric, eco-friendly community includes solar panels, energy efficient LED recessed lighting, WaterSense labeled plumbing fixtures, and energy efficient heat-pump water heater. Community spaces include a dog park and outdoor entertaining area between palm and pine trees. Only $5,000 deposit to secure your home! Builder is offering $75,000 credit (+$10K if you sign by 12/31!) on this home only, toward buyer's closing costs, 2/1 rate buy-down, or solar purchase. Inquire for more details! Buyer's agents MUST accompany client on first tour/showing to register. Welcome home! *Marketing photos are of model home. Actual finishes may vary.*

Price History

Date
Event
Price
09/11/25
Listing
$1,243,850
Condition Rating
Excellent
This property is brand new, built in 2025, and explicitly described as 'move-in ready' with 'designer fit and finish.' The kitchen features high-end Bertazzoni appliances, quartz countertops, and custom flat-panel frameless cabinets with champagne bronze finishes. Bathrooms showcase modern tiling, gold/champagne bronze fixtures, and contemporary vanities. The entire home boasts LVP flooring, energy-efficient LED lighting, solar panels, and a heat-pump water heater, indicating all components are new and meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2025, this move-in ready home features designer fit and finish, high-end Bertazzoni appliances, quartz countertops, LVP flooring, custom frameless cabinets, and champagne bronze finishes, offering a contemporary and luxurious living experience.
Significant Builder Incentives: The property comes with a substantial $75,000 builder credit (potentially $85,000 if signed by 12/31) applicable towards closing costs, a 2/1 rate buy-down, or solar purchase, significantly reducing upfront costs or monthly payments for the buyer.
Eco-Friendly & Energy Efficient: As an all-electric, eco-friendly community, the home includes solar panels, energy-efficient LED lighting, WaterSense plumbing fixtures, and a heat-pump water heater, promising lower utility bills and a reduced environmental footprint.
Desirable Features & Views: Enjoy roof decks with sweeping views of the San Rafael Hills and City Lights, along with bonus rooms and access to community amenities like a dog park and outdoor entertaining area, enhancing lifestyle and appeal.
Prime Location & Community: Located in Nelavida, described as Glassell Park's 'hottest new single family small lot address' in Los Angeles, offering a desirable location within a vibrant and growing neighborhood.

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 = 1426, living area = 1642.
Small Lot Size: The property features a relatively small lot size of 1426 sqft, which may limit private outdoor space and appeal for buyers seeking larger yards.
Monthly Association Fees: A monthly association fee of $169.25 adds to the recurring cost of homeownership, which buyers should factor into their budget.
Model Home Discrepancy: The listing explicitly states that 'Marketing photos are of model home. Actual finishes may vary,' which could lead to potential discrepancies between buyer expectations and the final product.

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