455 Lorraine Boulevard, Los Angeles, California 90020, Los Angeles, 90020 - 6 bed, 8 bath

455 Lorraine Boulevard, Los Angeles, California 90020 home-pic-0
ACTIVE$12,888,000
455 Lorraine Boulevard, Los Angeles, California 90020
6Beds
8Baths
9,329Sqft
35,987Lot
Year Built
1913
Close
-
List price
$12.89M
Original List price
$15M
Price/Sqft
$1,381
HOA
-
Days on market
-
Sold On
-
MLS number
24415729
Home ConditionExcellent
Features
Good View: Pool
Pool
Spa
Patio
ViewPool

About this home

Possibly Over-Priced:The estimated price is 13% below the list price. We found 3 Cons,5 Pros. Rank: price - $12.89M(88th), sqft - 9329(63th), beds - 6(50th), baths - 8(63th).

Welcome to the famed Dorothy Chandler Estate, a historic and luxurious single-family home located in prestigious Hancock Park. This stunning Mediterranean-style residence features 6 bedrooms, 8 bathrooms, and 9,329 square feet of living space on a beautifully landscaped 35,971 square foot lot. Designed by renowned architects J. Martin Haenke, William Dodd, and Julia Morgan, this property is a registered Historic Cultural Monument. The estate has hosted numerous fundraisers and U.S. presidents, earning it the nickname "Western White House." The interiors have been meticulously restored, boasting custom cabinetry, French limestone floors, and modern upgrades. Highlights include 5 fireplaces, a music room, a wine cellar, and a detached guest house. Conveniently located in Windsor Square, the neighborhood offers excellent public transit and pedestrian access. This landmark property is a rare opportunity to own a piece of Los Angeles history.

Price History

Date
Event
Price
06/30/14
Sold
$9,500,000
02/17/99
Sold
$177,500
Condition Rating
Excellent

Despite being built in 1913, the property has undergone a meticulous and extensive restoration, as stated in the description and evidenced by the images. The kitchen features high-end custom cabinetry, professional-grade appliances (though traditional in style, they are clearly top-tier), and French limestone floors, all appearing in virtually new condition. Other areas showcase pristine hardwood floors, ornate light fixtures, and luxurious finishes, indicating no deferred maintenance and a very recent, high-quality renovation that meets current luxury standards.
Pros & Cons

Pros

Historic Landmark Status: The property is a registered Historic Cultural Monument, known as the famed Dorothy Chandler Estate, designed by renowned architects, and has a rich legacy of hosting significant events and U.S. presidents.
Prime Prestigious Location: Situated in the highly desirable and prestigious Hancock Park/Windsor Square neighborhood, offering excellent walkability and public transit access.
Grand Scale & Luxurious Amenities: Boasting 9,329 sqft with 6 bedrooms, 8 bathrooms, 5 fireplaces, a music room, and a wine cellar, featuring meticulously restored interiors with high-end finishes.
Expansive Private Grounds: Features a beautifully landscaped 35,971 sqft lot, providing rare privacy and extensive outdoor space in an urban setting.
Detached Guest House: Includes a detached guest house, offering versatile additional living space, ideal for guests, staff, or a private office.

Cons

Potential Overpricing: The current list price of $12.888M is 13% above the estimated market value, and a significant reduction from its original list price, suggesting it may be overvalued.
Age-Related Maintenance & Costs: As a 1913-built historic estate, it likely entails higher ongoing maintenance costs and potential for specialized repairs to preserve its historical integrity.
Niche Market Appeal: The property's unique historical status, grand size, and high price point appeal to a very specific and limited buyer demographic.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state