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6342 Ivarene Avenue, Los Angeles, California 90068, Los Angeles, 90068 - 3 bed, 3 bath

6342 Ivarene Avenue, Los Angeles, California 90068 home-pic-0
ACTIVE$1,988,000
6342 Ivarene Avenue, Los Angeles, California 90068
3Beds
3Baths
2,389Sqft
6,076Lot
Year Built
1920
Close
-
List price
$1.99M
Original List price
$2.25M
Price/Sqft
$832
HOA
-
Days on market
-
Sold On
-
MLS number
25498735
Home ConditionGood
Features
Excellent View: Canyon
Deck
Patio
ViewCanyon

About this home

Possibly Over-Priced:The estimated price is 33% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.99M(56th), sqft - 2389(58th), beds - 3(50th), baths - 3(50th).

Tucked away on a sought-after street in the heart of the Hollywood Dell, this private residence with guest unit option epitomizes style and elegance. The open floor plan is highlighted by an abundance of windows, flooding the spacious interiors with natural light. The dining room, featuring beautiful built-in bookcases and surrounded by windows, leads to a wrap-around deck, creating a perfect setting for gatherings. The living room and den, complete with a cozy fireplace, provide generous space for relaxation, movie nights, or entertaining guests. The kitchen, outfitted with high-end appliances, seamlessly transitions to a lush outdoor pavilion, making indoor-outdoor entertaining effortless. The main level boasts a luxurious primary suite with double doors opening to the sunlit deck, an ensuite bathroom, and an additional bedroom with bathroom. The lower level offers a private guest wing accessible from interior stairs or private lower level entrance, complete with a kitchen, bedroom, bathroom, and a sitting room equipped with a recording studio setup, all opening to a large garden terrace with lush canyon views, and grassy yard area. This extraordinary property offers a unique opportunity for luxurious Hollywood living, with breathtaking views of the city skyline and serene canyon vistas. Easy to show! https://calendly.com/plreteam/6342-ivarene-avenue

Nearby schools

6/10
Cheremoya Avenue Elementary School
Public,•K-6•0.6mi
4/10
Selma Avenue Elementary School
Public,•K-6•0.9mi
4/10
Grant Elementary School
Public,•K-6•1.2mi
8/10
Valley View Elementary School
Public,•K-6•1.3mi
7/10
Gardner Street Elementary School
Public,•K-6•1.6mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•2.1mi
8/10
R. L. Stevenson Elementary School
Public,•K-5•3.3mi
7/10
Rio Vista Elementary School
Public,•K-5•3.4mi
3/10
Joseph Le Conte Middle School
Public,•6-8•1.3mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•1.7mi
6/10
Thomas Starr King Middle School
Public,•6-8•2.9mi
5/10
David Starr Jordan Middle School
Public,•6-8•3.8mi
6/10
Walter Reed Middle School
Public,•6-8•4.4mi
6/10
Hollywood Senior High School
Public,•9-12•1.1mi
7/10
Fairfax Senior High School
Public,•9-12•2.7mi
8/10
John Marshall Senior High School
Public,•9-12•2.9mi
7/10
Burroughs High School
Public,•9-12•4.1mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•4.8mi
8/10
North Hollywood Senior High School
Public,•9-12•5.1mi

Price History

Date
Event
Price
07/22/20
Sold
$1,915,000
09/30/14
Sold
$1,488,000
06/22/09
Sold
$1,315,000
05/13/04
Sold
$1,050,000
04/24/02
Sold
$699,000
Condition Rating
Good
Built in 1920, this property has undergone extensive and high-quality renovations, making it move-in ready. The kitchen features modern white shaker cabinets, stainless steel appliances, dark countertops, and classic mosaic tile flooring, all in excellent condition. The primary bathroom is luxurious with modern dark textured tiles, a rain shower, and a contemporary vanity. While the guest bathroom is updated and functional, it's slightly less high-end than the primary. Dark hardwood floors are well-maintained throughout, and light fixtures are modern. The overall aesthetic is stylish and elegant, indicating a significant renovation likely within the last 5-15 years, aligning with the 'Good' criteria for extensively renovated properties.
Pros & Cons

Pros

Prime Location: Tucked away on a sought-after street in the heart of the Hollywood Dell, offering a desirable and luxurious Hollywood living experience.
Flexible Living & Income Potential: Features a private guest wing with its own kitchen, bedroom, bathroom, and sitting room (including a recording studio setup), accessible via interior stairs or a private entrance, ideal for multi-generational living, rental income, or a dedicated workspace.
Panoramic Views: Boasts breathtaking views of the city skyline and serene canyon vistas, enhancing the property's appeal and value.
Exceptional Indoor-Outdoor Flow: Designed with an open floor plan, abundant windows, a wrap-around deck, a lush outdoor pavilion, and a large garden terrace, facilitating seamless indoor-outdoor entertaining and natural light.
High-End Kitchen & Architectural Details: The kitchen is outfitted with high-end appliances, complemented by beautiful built-in bookcases in the dining room and a cozy fireplace in the living room/den, adding to the property's style and elegance.

Cons

Significant Valuation Gap: The current listing price of $1,988,000 is 33% higher than the estimated property value of $1,330,949.71, indicating a substantial discrepancy with market valuation.
Historic Property Maintenance: Built in 1920, the property may entail potential ongoing maintenance or require updates to core systems (e.g., plumbing, electrical, HVAC) that are not explicitly detailed as modernized, despite aesthetic upgrades.
Previous Price Reduction: The property has already undergone a significant price reduction from its original list price of $2,250,000, which could suggest initial overpricing or market resistance.

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