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4747 Ambrose Avenue, Los Angeles, California 90027, Los Angeles, 90027 - 4 bed, 4 bath

4747 Ambrose Avenue, Los Angeles, California 90027 home-pic-0
ACTIVE$2,995,000
4747 Ambrose Avenue, Los Angeles, California 90027
4Beds
4Baths
2,880Sqft
6,500Lot
Year Built
2023
Close
-
List price
$3M
Original List price
$3.17M
Price/Sqft
$1,040
HOA
-
Days on market
-
Sold On
-
MLS number
24346287
Home ConditionExcellent
Features
View-

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.00M(72th), sqft - 2880(67th), beds - 4(52th), baths - 4(55th).

Newly built home by Thomas James Homes located in Los Feliz, offers 4 bedrooms, 4 baths, and a gorgeous exterior finish. Just inside the covered front porch, you will find a pocket office with built-in desk, guest bedroom, and bath with a full bath. Prepare meals in the gourmet kitchen, which features a walk-in pantry, island with bar seating, and a breakfast nook. Cozy up by the gas fireplace of the great room for movie night and open the sliding doors to let in some fresh California air. Host magnificent dinner parties in the dining room while mingling with everyone due to the open concept floor plan. Upstairs there is an upstairs loft with a built-in desk, great for working from home or homework. Discover two additional secondary bedrooms each with en suites and the laundry room with sink. The grand suite features a trey ceiling and a luxurious bath which includes a dual-sink vanity, freestanding soaking tub, walk-in shower, and walk-in closet. New TJH homeowners will receive a complimentary 1-year membership to Inspirato, a leader in luxury travel.

Nearby schools

7/10
Los Feliz STEMM Magnet
Public,•K-6•0.5mi
8/10
Franklin Avenue Elementary School
Public,•K-6•0.6mi
/10
Lexington Avenue Primary Center
Public,•K-2•1.2mi
4/10
Grant Elementary School
Public,•K-6•1.4mi
9/10
Ivanhoe Elementary School
Public,•K-5•1.5mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•1.5mi
6/10
Cheremoya Avenue Elementary School
Public,•K-6•1.6mi
5/10
Micheltorena Street Elementary School
Public,•K-5•1.8mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.2mi
3/10
Joseph Le Conte Middle School
Public,•6-8•1.8mi
8/10
John Marshall Senior High School
Public,•9-12•0.9mi
6/10
Hollywood Senior High School
Public,•9-12•2.7mi

Price History

Date
Event
Price
05/01/24
Sold
$2,700,000
04/16/21
Sold
$1,685,000
08/16/11
Sold
$839,000
01/22/04
Sold
$675,000
Condition Rating
Excellent
This property is a newly built home (2023) by Thomas James Homes, indicating all components are new and meet current quality standards. The images confirm a pristine condition with modern finishes throughout, including a gourmet kitchen with high-end stainless steel appliances, white shaker cabinetry, and subway tile backsplash, as well as luxurious bathrooms featuring dual vanities, modern tiling, and a freestanding soaking tub (as per description). Hardwood flooring, recessed lighting, and contemporary fixtures are consistent with a brand-new, high-quality construction.
Pros & Cons

Pros

Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Brand New Construction: Built in 2023 by Thomas James Homes, this property offers modern design, new systems, and minimal immediate maintenance concerns, appealing to buyers seeking a move-in ready home.
Desirable Los Feliz Location: Situated in the highly sought-after Los Feliz neighborhood, known for its vibrant community, amenities, and convenient access to other prime Los Angeles areas.
Thoughtful & Functional Layout: The home features an open-concept floor plan, a dedicated pocket office with a built-in desk, an upstairs loft with a built-in desk, and en-suite bathrooms for all secondary bedrooms, catering to modern living and work-from-home needs.
High-End Kitchen & Master Suite: Equipped with a gourmet kitchen featuring a walk-in pantry and island, and a luxurious grand suite boasting a dual-sink vanity, freestanding soaking tub, and walk-in shower, offering premium comfort and style.
Luxury Builder Incentive: The inclusion of a complimentary 1-year Inspirato membership adds a unique and attractive value proposition for luxury-minded buyers.

Cons

Overpriced Relative to Market Estimation: The current list price of $2.995M is 6% above the estimated property value of $2.79M, and has already undergone a price reduction from its original $3.175M, suggesting potential overvaluation in the current market.
Lack of Premium Views: The property description explicitly states 'view: None,' which could be a significant drawback in a competitive Los Angeles market where views often enhance property value and desirability, especially when compared to some local comps.
Extended Market Time for New Build: Being on the market since January 2024 (over 9 months) for a new construction home in a prime area indicates a slower-than-expected absorption rate, potentially due to pricing or other perceived market drawbacks.

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