821 Lorraine Boulevard, Los Angeles, California 90005, Los Angeles, 90005 - 6 bed, 7 bath

821 Lorraine Boulevard, Los Angeles, California 90005 home-pic-0
ACTIVE$2,895,000
821 Lorraine Boulevard, Los Angeles, California 90005
6Beds
7Baths
4,434Sqft
7,300Lot
Year Built
1924
Close
-
List price
$2.9M
Original List price
$3.1M
Price/Sqft
$653
HOA
-
Days on market
-
Sold On
-
MLS number
25532527
Home ConditionExcellent
Features
Good View: Mountain(s), Peek-A-Boo
Deck
Patio
ViewMountain(s), Peek-A-Boo

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $2.90M(50th), sqft - 4434(63th), beds - 6(88th), baths - 7(88th).

OVER $200,000.00 PRICE ADJUSTMENT MAKES THIS MOVE-IN READY PROPERTY EVER MORE ATTRACTIVE!! THE LOWEST PER SQ FEET IN WINDSOR VILLAGE!! SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. BRING YOUR 1031 EXCHANGE HERE. The current listing price is highly competitive compared to neighboring luxury homes, and with the additional income from the ADU and the recent high-end renovations, this property offers strong investment potential. Given the additional rental income from the ADU and the recent renovations, this property presents a strong value at a highly competitive price compared to nearby luxury homes. THIS CAN BE YOUR INCOME PROPERTY, MAIN HOME CAN FETCH $7,000 TO $8,000 PER MONTH, THE REAR BRAND NEWLY BUILT, ADU BUILDING IS COLLECTING $3,900 PER MONTH. TOTAL $11,900.00 PASSIVE INCOME. 1031 EXCHANGE WELCOME. Welcome to Exquisite Historic Home in the Heart of Windsor Village, a captivating residence nestled in the prestigious Windsor Village neighborhood of Los Angeles. This stunning property seamlessly blends historic charm with modern amenities, offering an unparalleled living experience. Boasting spacious bedrooms and elegantly designed bathrooms, this home is a perfect blend of comfort and luxury. The grand entrance welcomes you with its timeless architecture, featuring upgraded new natural Hardwood floors throughout the entire home, intricate moldings, and large windows that bathe the home in natural light, the windows have also been upgraded to Expensive/Luxury dual pane Heavy-duty Aluminum security window/doors. High staircase with newly installed 12-Lights Raindrop Chandelier 120 in Gold Pendant Light. Beautifully and tastefully updated Bathrooms with new shower fixtures. Designer's choice/custom curated Window curtains and window Blinds. 2nd floor NW corner bedroom has an outside balcony, also can be turned into a covered patio with accordion glass windows (ordered & delivered but not installed buyer to finish) The Gourmet kitchen is a chef's dream, equipped with top-of-the-line appliances, custom cabinetry, and largest wine refrigerator (WHAT? YOU HAVE MORE WINES? NOT A PROBLEM!! THE SOLUTION: THIS HOME HAS BASEMENT!!) A breakfast bar, perfect for a family's busy lifestyle. The dining room and living spaces are ideal for hosting guests, while the cozy fireplace adds warmth and ambiance. Just step away from either the formal Livingroom or the Kitchen area is newly epoxy painted outside deck with a unfinished custom accordion custom glass doors(ordered & delivered but not installed buyer to finish) Outside, the beautifully landscaped Front yard and back pocket side yard next to Brand NEWLY BUILT ADU(2 BEDs 2.5 BATHs, floor to ceiling large spec Glass Windows in the living-room WITH ATTACHED GARAGE(VERY STABLE TENANT PAYING $3,900 EACH MONTH, A KEEPER!!) HIGH CEILING, WALK-IN CLOSETS, LARGE ROOMS AND OPEN KITCHEN FLOOR PLAN. Pet station (bonus storage at the backside of kitchen) for the Pet LOVERS!! The backyard offers a private space with hand-layed pavers, mature trees, and a patio area perfect for outdoor dining and relaxation. Located just minutes from Larchmont Village, easy access to the vibrant shops, cafes, and restaurants of one of LA s most beloved neighborhoods. With its prime location and timeless appeal, this is more than just a home; it's a lifestyle. Don't miss the opportunity to own a piece of Los Angeles history. Just perfect for those seeking a blend of luxury, comfort, and privacy in one of Los Angeles' most sought-after neighborhoods. THIS HOME CAN BE YOURS!! MOVE-IN CONDITION, A TURN-KEY PROPERTY. DON'T MISS IT!! THIS ONE WILL GO FAST!! ADU video attached!!

Price History

Date
Event
Price
08/05/25
$2,895,000
04/30/25
$3,100,000
06/23/17
Sold
$1,349,000
Condition Rating
Excellent

Despite being built in 1924, this property has undergone extensive recent high-end renovations, including a brand new ADU, new natural hardwood floors throughout, and upgraded dual-pane security windows. The kitchen is a 'chef's dream' with top-of-the-line appliances and custom cabinetry, and the bathrooms are beautifully updated with modern fixtures and LED mirrors. All visible components appear new or virtually new, meeting current quality standards, making it a 'move-in ready' and 'turn-key' property.
Pros & Cons

Pros

Significant Income Potential: The property includes a newly built ADU generating $3,900/month, with the main home estimated to fetch $7,000-$8,000/month, offering a total passive income of $11,900/month and strong investment potential, including 1031 exchange eligibility.
Extensive High-End Renovations: Boasts recent high-end renovations throughout, including upgraded natural hardwood floors, expensive dual-pane heavy-duty aluminum security windows, tastefully updated bathrooms, and a gourmet kitchen with top-of-the-line appliances and a large wine refrigerator.
Prime Historic Location: Nestled in the prestigious Windsor Village, this exquisite historic home offers timeless architecture and is just minutes from Larchmont Village, providing easy access to vibrant shops, cafes, and restaurants.
Competitive Pricing: Advertised as the 'lowest per sq feet in Windsor Village' with a significant price adjustment, making it highly competitive and a strong value compared to neighboring luxury homes.
Move-in Ready Condition: Described as a 'move-in ready' and 'turn-key' property, indicating that it requires minimal immediate work for the new owner.

Cons

Unfinished Renovation Items: Several renovation components, such as accordion glass windows for the balcony/patio and custom glass doors for the outdoor deck, are 'ordered & delivered but not installed,' requiring the buyer to complete these projects.
Age of Property: Built in 1924, despite extensive modern renovations, the underlying structure of an older home may still present unforeseen maintenance challenges or require specific upkeep inherent to its age.
Limited View: The property offers a 'Peek-A-Boo' view, suggesting a partial or obstructed perspective rather than a sweeping, unobstructed vista, which might not meet expectations for buyers prioritizing expansive views.

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