1049 Elden Avenue, Los Angeles, California 90006, Los Angeles, 90006 - 6 bed, 5 bath

1049 Elden Avenue, Los Angeles, California 90006 home-pic-0
ACTIVE$1,860,000
1049 Elden Avenue, Los Angeles, California 90006
6Beds
5Baths
5,127Sqft
10,152Lot

Price Vs. Estimate

The estimated value ($1,860,000) is $0 (0%) lower than the list price ($1,860,000). This property may be overpriced.

Key pros and cons

Top Pros:
Architectural Significance & History: A rare Mission Revival Masterpiece designed by renowned architects Morgan & Walls and Stiles Clements, known for iconic LA landmarks, and featured in the film 'The Prestige', offering a unique piece of Los Angeles history.
Top Cons:
Ongoing Maintenance of Historic Elements: Despite extensive restoration, a 1905 property with original period details like leaded-glass windows and gas-electric light fixtures may require specialized and potentially costly maintenance over time.

Compared to the nearby listings

Price:$1.86M vs avg $837.5K (+$1,022,500)90%
Size:5,127 sqft vs avg 1,862.5 sqft90%
Price/sqft:$363 vs avg $46430%

More Insights

Built in 1905 (120 years old).
Condition: Despite being built in 1905, this property has undergone a meticulous and extensive restoration, as detailed in the description. Key updates include a new roof, sewer line, copper plumbing, updated electrical, dual-zone HVAC, tankless water heaters, and refinished hardwood floors. These are major system replacements and upgrades that bring the property's functional age to 'virtually new,' meeting current quality standards. The images showcase beautifully maintained hardwood floors, period-appropriate yet updated light fixtures, and a kitchen with modern countertops and backsplash that blends seamlessly with the home's historic character. While specific bathroom images are not provided, the comprehensive nature of the stated renovations implies they are also in excellent, updated condition. The property is presented as move-in ready with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated home.
Year Built
1905
Close
-
List price
$1.86M
Original List price
$1.86M
Price/Sqft
$363
HOA
-
Days on market
-
Sold On
-
MLS number
25560853
Home ConditionExcellent
Features
Good View: Park/Greenbelt
ViewPark/Greenbelt

About this home

Rare Mission Revival Masterpiece Designed by Morgan & Walls with the Mills Act. A true architectural gem in the heart of Wilshire Center, this rare Mission Revival Craftsman was designed by the esteemed firm Morgan & Walls in collaboration with legendary architect Stiles Clements, visionaries behind L.A. landmarks like the Wiltern, El Capitan, and Mayan Theaters, as well as the iconic Samson Tire Factory (now Citadel Outlets) and ARCO Tower. Film lovers may recognize the home from The Prestige, with scenes featuring Hugh Jackman, Scarlett Johansson, and Christian Bale filmed on-site. Meticulously restored and thoughtfully upgraded, the home features a new roof, sewer line, copper plumbing, updated electrical, dual-zone HVAC, tankless water heaters, and refinished hardwood floors all while preserving its historic character. Spanning over 5,000+ square feet, the residence offers 6 bedrooms, 4.5 baths, a sunroom, den, music room, wood-paneled dining room, mudroom, servant's staircase and quarters, a finished attic, and a full basement with separate entrance. Period details abound, including five decorative fireplaces, original leaded-glass windows and built-ins, restored gas-electric light fixtures, and a turn-of-the-century security system. A detached two-car garage is topped by a fully permitted recreation room, perfect for guests, office, or creative space. Set on well sized lot, the lush, gated grounds are a true urban oasis, brimming with mature fruit trees - plumeria, ginger, citrus, fig, persimmon, guava, avocado, mango, and papaya. The R4-zoned property offers potential for future development and currently qualifies for significant property tax savings under the Mills Act. Centrally located with easy access to the 10 and 110 Freeways, Hancock Park, Downtown LA, USC, and countless restaurants , cafes and 6 minutes from Crypto arena, and walking distance to many of the venues for the 2028 Olympics in LA (2026 LA Olympic venues near our house: LA Memorial Coliseum (3.8 miles) - Opening & Closing Ceremonies, Track & Field EventsExposition Park/USC Pool (3.7 miles) - Diving Events DTLA Arena (Staples Center/Crypto.com Arena (1.7 miles) - Gymnastics, Boxing Exposition Park/USC Stadium (3.7 miles) - Lacrosse, Flag Football Dodger Stadium (4.7 miles) - Baseball Galen Center USC (3.7 miles) - Badminton, Rhythmic Gymnastics LA Convention Center (1.7 miles) - Badminton, Judo, Wrestling, Fencing, Taekwondo Peacock Theater (1.7 miles) - Weightlifting) This is a rare opportunity to own a piece of Los Angeles history refined, restored, and ready to inspire.

Nearby schools

3/10
Leo Politi Elementary School
Public,K-50.1mi
8/10
Hoover Street Elementary School
Public,K-50.4mi
3/10
Magnolia Avenue Elementary School
Public,K-60.5mi
/10
Mariposa-Nabi Primary Center
Public,K-20.6mi
3/10
Macarthur Park Elementary School For The Visual And Performing Arts
Public,K-50.7mi
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,K-50.7mi
2/10
Tenth Street Elementary School
Public,K-50.9mi
3/10
Hobart Boulevard Elementary School
Public,K-51.0mi
3/10
Los Angeles Elementary School
Public,K-51.0mi
4/10
Norwood Street Elementary School
Public,K-51.2mi
5/10
Vermont Avenue Elementary School
Public,K-51.4mi
2/10
Twenty-Fourth Street Elementary School
Public,K-51.7mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,K-51.9mi
3/10
Berendo Middle School
Public,6-80.3mi
3/10
John H. Liechty Middle School
Public,6-81.1mi
5/10
Pio Pico Middle School
Public,6-81.8mi
4/10
John Adams Middle School
Public,6-82.2mi
3/10
Johnnie Cochran, Jr., Middle School
Public,6-82.3mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,6-120.7mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,9-120.7mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,9-120.7mi
4/10
West Adams Preparatory High School
Public,9-120.8mi
3/10
Belmont Senior High School
Public,9-121.6mi
5/10
Santee Education Complex
Public,9-122.1mi
5/10
Foshay Learning Center
Public,K-122.4mi
3/10
Nava College Preparatory Academy
Public,9-123.6mi

Price History

Date
Event
Price
05/23/03
Sold
$646,500
Condition Rating
Excellent

Despite being built in 1905, this property has undergone a meticulous and extensive restoration, as detailed in the description. Key updates include a new roof, sewer line, copper plumbing, updated electrical, dual-zone HVAC, tankless water heaters, and refinished hardwood floors. These are major system replacements and upgrades that bring the property's functional age to 'virtually new,' meeting current quality standards. The images showcase beautifully maintained hardwood floors, period-appropriate yet updated light fixtures, and a kitchen with modern countertops and backsplash that blends seamlessly with the home's historic character. While specific bathroom images are not provided, the comprehensive nature of the stated renovations implies they are also in excellent, updated condition. The property is presented as move-in ready with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated home.
Pros & Cons

Pros

Architectural Significance & History: A rare Mission Revival Masterpiece designed by renowned architects Morgan & Walls and Stiles Clements, known for iconic LA landmarks, and featured in the film 'The Prestige', offering a unique piece of Los Angeles history.
Extensive Restoration & Modern Upgrades: Meticulously restored and thoughtfully upgraded with a new roof, sewer line, copper plumbing, updated electrical, dual-zone HVAC, and tankless water heaters, ensuring modern comfort while preserving historic character.
Mills Act Property Tax Savings: The property qualifies for significant property tax savings under the Mills Act, providing a substantial financial benefit for the owner of this historic home.
Spacious & Versatile Living Spaces: Spanning over 5,000+ sqft with 6 bedrooms, 4.5 baths, multiple specialized rooms (sunroom, den, music room), servant's quarters, finished attic, and a full basement, offering extensive and flexible living arrangements.
Prime Central Los Angeles Location: Centrally located in Wilshire Center with easy access to major freeways (10 & 110), Hancock Park, Downtown LA, USC, and within walking distance or short drive to numerous venues for the 2028 LA Olympics.

Cons

Ongoing Maintenance of Historic Elements: Despite extensive restoration, a 1905 property with original period details like leaded-glass windows and gas-electric light fixtures may require specialized and potentially costly maintenance over time.
Urban Environment Drawbacks: While centrally located, the Wilshire Center area is a dense urban environment, which may entail higher noise levels or less immediate neighborhood green space compared to more suburban settings.
Decorative Fireplaces: The property features five 'decorative' fireplaces, indicating they are not functional for heating, which might be a drawback for buyers seeking the warmth and ambiance of working fireplaces.

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