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6728 W Hepburn Way, Los Angeles, California 90038, Los Angeles, 90038 - 3 bed, 4 bath

6728 W Hepburn Way, Los Angeles, California 90038 home-pic-0
ACTIVE$1,325,000
6728 W Hepburn Way, Los Angeles, California 90038
3Beds
4Baths
2,346Sqft
1,303Lot
Year Built
2016
Close
-
List price
$1.32M
Original List price
$1.35M
Price/Sqft
$565
HOA
$350
Days on market
-
Sold On
-
MLS number
25490453
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s)
Deck
ViewCity Lights,Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 4 Cons,5 Pros. Rank: price - $1.32M(93th), sqft - 2346(86th), beds - 3(50th), baths - 4(50th).

This architectural modern smart-home features three beds, four baths, and a custom deck featuring 650-square-feet of high-grade turf and an outdoor living area + patio heater with views of The Hollywood Sign and DTLA. Open floor concept with high-end cabinetry, re-polished hardwood floors, ten-foot ceilings, and an immense amount of natural light. Worthwhile upgrades include a beautifully tiled bath, home automation, motorized roller shades throughout, brand-new mounted LED TVs, and smart appliances on a gated, private street. Hepburn Way is conveniently located within minutes to shopping, restaurants, and night-life. Please note the 3rd room can act as a bedroom, office, or a music studio. A perfect blend of live, work, and entertaining all while living in Hollywood, CA. Property is also listed for sale for lease at $7,250/mo.

Price History

Date
Event
Price
08/30/18
Sold
$1,500,000
10/22/14
Sold
$927,000
Condition Rating
Excellent
Built in 2016, this property is only 8 years old and is described as an 'architectural modern smart-home' with 'high-end cabinetry,' 're-polished hardwood floors,' 'beautifully tiled baths,' and 'smart appliances.' The description and implied condition from the images (assuming they reflect the description) indicate all components are new or virtually new, meeting current quality standards with no deferred maintenance. This aligns perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Modern Architectural Design & Smart Home Features: Built in 2016, this is an architectural modern smart-home featuring home automation, motorized roller shades, brand-new mounted LED TVs, and smart appliances, offering a contemporary and technologically advanced living experience.
Premium Outdoor Living & Views: The property boasts a custom deck with 650-square-feet of high-grade turf, an outdoor living area, patio heater, and stunning views of The Hollywood Sign and DTLA, ideal for entertainment.
High-End Interior Finishes: The interior features high-end cabinetry, re-polished hardwood floors, ten-foot ceilings, immense natural light, and beautifully tiled baths, contributing to a luxurious and well-maintained aesthetic.
Prime Hollywood Location & Security: Located on a gated, private street, the property offers enhanced security and is conveniently situated within minutes of Hollywood's shopping, restaurants, and nightlife.
Versatile Space & Income Potential: The third room offers flexibility as a bedroom, office, or music studio, and the property is also listed for lease at $7,250/mo, providing potential rental income or a flexible exit strategy.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1303, living area = 2346.
Overpriced Relative to Market Value: The current list price of $1.325M is higher than the estimated value of $1.269M and recent comparable sales, suggesting it may be slightly above market expectations.
Ongoing Association Fees: A monthly association fee of $350.0 adds a recurring cost to homeownership, which could be a consideration for potential buyers.
Limited Lot Size: With a lot size of only 1303 sqft, the property offers minimal private outdoor space beyond the deck, which may not appeal to buyers desiring a larger yard.

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