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3868 N Riley Lane, Los Angeles, California 90065, Los Angeles, 90065 - 3 bed, 3 bath

3868 N Riley Lane, Los Angeles, California 90065 home-pic-0
ACTIVE$1,237,760
3868 N Riley Lane, Los Angeles, California 90065
3Beds
3Baths
1,680Sqft
1,426Lot
Year Built
2025
Close
-
List price
$1.24M
Original List price
$1.21M
Price/Sqft
$737
HOA
$141.25
Days on market
-
Sold On
-
MLS number
25568641
Home ConditionExcellent
Features
Good View: City Lights, Hills
Deck
ViewCity Lights,Hills

About this home

We found 4 Cons,5 Pros. Rank: price - $1.24M(49th), sqft - 1680(58th), beds - 3(50th), baths - 3(58th).

$50K BUILDER CREDIT OFFERED ON THIS HOME! Reserve your Phase 3 home NOW, move in Fall 2025! Tour the Model Home! 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! For this home builder is offering $50,000 toward buyer's upgrades, solar purchase, closing costs or 2/1 rate buy-down. Inquire for more details! Phase 3 is currently under construction and expected to be completed Fall 2025. 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
08/22/25
Price Change
$1,237,760+2.1%
07/22/25
$1,212,760
Condition Rating
Excellent
This is a brand new construction property (built 2025) with an expected move-in date in Fall 2025. The listing explicitly details high-end, modern finishes including Bertazzoni ranges, quartz countertops, custom flat-panel cabinets, LVP flooring, and champagne bronze fixtures. It also features energy-efficient systems such as solar panels, LED lighting, WaterSense plumbing, and a heat-pump water heater. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

New Construction & Modern Design: This is a brand new home (Year Built 2025) in a 'hottest new single family small lot address' community, featuring designer fit and finish with a 'boho-luxe living' aesthetic, appealing to design-minded buyers.
High-End Finishes & Appliances: The property boasts premium interior features including Bertazzoni ranges, durable quartz countertops, LVP flooring, custom flat panel frameless cabinets, and champagne bronze finishes.
Energy Efficiency & Eco-Friendly: The home is part of an all-electric, eco-friendly community, equipped with solar panels, energy-efficient LED lighting, WaterSense plumbing fixtures, and a heat-pump water heater, promising lower utility costs and a reduced environmental footprint.
Significant Builder Incentives: A substantial $50,000 builder credit is offered, which can be applied towards upgrades, solar purchase, closing costs, or a 2/1 rate buy-down, providing considerable financial flexibility for the buyer.
Desirable Outdoor Spaces & Community Amenities: Homes feature roof decks with sweeping views of the San Rafael Hills, and the community includes shared spaces like a dog park and an outdoor entertaining area, enhancing lifestyle and leisure options.

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 = 1680.
Under Construction & Delayed Occupancy: The property is currently under construction as part of Phase 3, with an expected completion and move-in date in Fall 2025, requiring buyers to wait for occupancy.
Small Lot Size: Described as a 'single family small lot address,' this indicates limited private outdoor space, which may not appeal to buyers seeking larger yards or extensive personal outdoor areas.
Potential Finish Discrepancy: Marketing photos are explicitly stated to be of a model home, with a disclaimer that 'Actual finishes may vary,' introducing uncertainty regarding the exact appearance and materials of the purchased unit.

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