515 N Crescent Heights Boulevard, Los Angeles, California 90048, Los Angeles, 90048 - 5 bed, 5 bath

515 N Crescent Heights Boulevard, Los Angeles, California 90048 home-pic-0
ACTIVE$2,900,000
515 N Crescent Heights Boulevard, Los Angeles, California 90048
5Beds
5Baths
3,020Sqft
5,937Lot
Year Built
1925
Close
-
List price
$2.9M
Original List price
$2.89M
Price/Sqft
$960
HOA
-
Days on market
-
Sold On
-
MLS number
25507123
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 18% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.90M(60th), sqft - 3020(71th), beds - 5(77th), baths - 5(67th).

California living with POOL! Renovated, gated Tudor within one of West Hollywood's finest destinations...."The Melrose Shopping District!" Double-height ceilings throughout with a generous floor plan, striking light fixtures, "Taj Mahal" Quartzite countertops and a state of the art chef's kitchen and pantry. Formal dining room bearing exceptional light... Down a grand hallway...three lower level bedrooms + Laundry room; and in the Primary suite, Walk In closet, French doors open to the outdoor garden, pool and spa. Primary includes a sitting area and a substantial, wellness bathroom featuring leathered finish marble counters and flooring, dual vanity, freestanding tub, oversized book-matched marble shower and private enclosed water closet. Both Upper level bedrooms are complete with en-suite bathrooms and walk in closets. Motor court driveway and garage underline this superb property as it truly lives up to its name.

Nearby schools

4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,K-60.5mi
7/10
Hancock Park Elementary School
Public,K-50.8mi
9/10
West Hollywood Elementary School
Public,K-51.4mi
5/10
Carthay Center Elementary
Public,K-51.5mi
3/10
Laurel Elementary School
Public,K-80.6mi
8/10
Horace Mann Elementary School
Public,K-81.4mi
3/10
Hubert Howe Bancroft Middle School
Public,6-81.8mi
8/10
Beverly Vista Elementary School
Public,K-82.0mi
7/10
John Burroughs Middle School
Public,6-82.0mi
7/10
Fairfax Senior High School
Public,9-120.4mi
9/10
Beverly Hills High School
Public,9-122.8mi

Price History

Date
Event
Price
06/21/24
Sold
$2,011,000
04/25/13
Sold
$1,380,013
Condition Rating
Excellent

Despite its 1925 build year, this property has undergone a comprehensive and high-end renovation, as explicitly stated and visually confirmed by the images. The kitchen boasts 'state of the art' appliances, 'Taj Mahal' Quartzite countertops, and custom cabinetry, while the bathrooms feature luxurious 'leathered finish marble,' freestanding tubs, and oversized book-matched marble showers. All visible components, including flooring, light fixtures, and finishes, are new, modern, and of exceptional quality, indicating a recent renovation that meets current luxury standards with no apparent deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Location & Accessibility: Strategically located within the highly desirable Melrose Shopping District in West Hollywood, offering unparalleled access to amenities, entertainment, and a vibrant urban lifestyle.
Extensive Renovation & Luxury Finishes: The property boasts a recent renovation with high-end materials, including 'Taj Mahal' Quartzite countertops, a state-of-the-art chef's kitchen, striking light fixtures, and a wellness-focused primary bathroom with premium marble finishes and a freestanding tub.
Private Outdoor Oasis: Features a private pool, spa, and outdoor garden, providing essential California living amenities for relaxation and entertaining, directly accessible from the primary suite.
Spacious & Thoughtful Layout: Offers a generous floor plan with double-height ceilings, a formal dining room, three lower-level bedrooms plus a laundry room, and upper-level bedrooms with en-suite bathrooms and walk-in closets, ensuring comfort and functionality.
Enhanced Privacy & Parking: A gated Tudor-style residence with a motor court driveway and garage provides excellent privacy, security, and ample off-street parking, a significant advantage in a dense urban area.

Cons

Significant Price Discrepancy: The current listing price of $2.9M is substantially higher than the estimated property value of $2.36M, which may require strong justification or could lead to buyer hesitation and longer market time.
Lack of Explicit Central Cooling System: Despite extensive renovations, the property description does not explicitly mention a central air conditioning system, which could be a notable concern for comfort during warmer months in Los Angeles.
Potential for Urban Noise & Traffic: Its prime location within the bustling Melrose Shopping District, while desirable for amenities, inherently carries the potential for increased noise levels and traffic, which may not appeal to all buyers seeking a quieter residential environment.

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