4501 Grimes Place, Los Angeles, California 91316, Los Angeles, 91316 - 3 bed, 4 bath

4501 Grimes Place, Los Angeles, California 91316 home-pic-0
ACTIVE UNDER CONTRACT$1,815,000
4501 Grimes Place, Los Angeles, California 91316
3Beds
4Baths
3,159Sqft
24,427Lot
Year Built
1959
Close
-
List price
$1.81M
Original List price
$1.98M
Price/Sqft
$575
HOA
-
Days on market
-
Sold On
-
MLS number
WS25171086
Home ConditionExcellent
Features
Excellent View: City Lights, Canyon, Mountain(s), Neighborhood, Panoramic
Deck
Pool
Patio
ViewCity Lights,Canyon,Mountain(s),Neighborhood,Panoramic

About this home

We found 3 Cons,6 Pros. Rank: price - $1.81M(64th), sqft - 3159(69th), beds - 3(49th), baths - 4(60th).

Best Deal in Town! Reviewing offers, Welcome to an exceptional residence that defines elegance and sophistication. Nestled in the hills south of Ventura Blvd, this stunning 3,159 sq ft estate boasts 3 spacious bedrooms and 3.5 bathrooms, offering an unparalleled living experience infused with timeless charm and modern refinement. Soaring ceilings, New AC & duct, New windows, New Driveway, rich architectural details, and refined finishes set the stage for grand living. The expansive formal living room, elegant great room, and sophisticated dining area are designed for both intimate gatherings and large-scale entertaining. Multiple fireplaces and three sets of French doors invite you to experience seamless indoor-outdoor flow to a series of expansive wraparound decks with commanding city vistas. The chef’s kitchen is a masterpiece in both form and function—featuring an oversized stone island, bespoke cabinetry, and top-tier appliances, ideal for culinary excellence and entertaining in style. The lavish primary suite is a private sanctuary, featuring a spacious walk-in closet, dual vanities, and a sprawling balcony with sweeping views of the city skyline. Outside, the entertainer’s dream continues with a resort-style pool and multiple sun-drenched decks encircling the estate—offering serene privacy and elevated luxury living. Additional 350 sq ft of deck space that can be use for personal relaxation. This is more than a home—it’s a statement. A rare offering of comfort, grandeur, and architectural distinction in one of the Valley’s most prestigious locations.

Price History

Date
Event
Price
12/06/25
Price Change
$1,815,000-4.0%
11/07/25
Price Change
$1,890,000-9.6%
08/26/25
Price Change
$2,090,000+5.6%
07/30/25
$1,980,000
Condition Rating
Excellent

Despite being built in 1959, this property has undergone extensive and recent renovations, as evidenced by the description mentioning 'New AC & duct, New windows, New Driveway.' The images confirm a fully updated interior with a modern aesthetic. The kitchen features white shaker-style cabinetry, granite countertops, stainless steel appliances, and a large island, all appearing new and high-quality. Bathrooms also show modern vanities, fixtures, and finishes. Hardwood flooring and recessed lighting are prevalent throughout the living areas and bedrooms. The overall condition suggests the property has been extensively renovated within the last 5-10 years, meeting current quality standards with no visible deferred maintenance.
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 = 24427, living area = 3159.
Extensive Renovations & Modern Upgrades: The property boasts significant recent investments including new AC & duct, new windows, and a new driveway, enhancing comfort, efficiency, and reducing immediate maintenance concerns for a buyer.
Luxurious Chef's Kitchen: The chef’s kitchen is a masterpiece featuring an oversized stone island, bespoke cabinetry, and top-tier appliances, designed for culinary excellence and entertaining in style.
Exceptional Indoor-Outdoor Living & Views: Multiple French doors lead to expansive wraparound decks, a resort-style pool, and additional deck space, all offering seamless indoor-outdoor flow and commanding panoramic city vistas.
Prestigious Location & Architectural Grandeur: Nestled in the hills south of Ventura Blvd, this estate is in one of the Valley’s most prestigious locations, featuring soaring ceilings, rich architectural details, and refined finishes.
Private Primary Suite Sanctuary: The lavish primary suite offers a private sanctuary with a spacious walk-in closet, dual vanities, and a sprawling balcony providing sweeping views of the city skyline.

Cons

Age of Original Construction: Built in 1959, despite recent renovations, the underlying structure and some systems may still be original or require ongoing maintenance typical of older homes.
Significant Price Reductions: The property has undergone multiple price reductions from its original listing, which could indicate initial overpricing or market resistance, potentially affecting perceived value or future appreciation.
High Maintenance Potential: The presence of a resort-style pool, multiple expansive decks, and a large lot (24,427 sq ft) suggests considerable ongoing maintenance costs and effort for the homeowner.

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