Realkey.ai
RealKey
‪(213) 433-7766‬

1056 N Joels Place, Los Angeles, California 90012, Los Angeles, 90012 - 4 bed, 4 bath

1056 N Joels Place, Los Angeles, California 90012 home-pic-0
ACTIVE$1,499,980$2,362/sqft
Est. Value: $1,457,237
-2%
FairlyEstimate
1056 N Joels Place, Los Angeles, California 90012
4Beds
4Baths
2,362Sqft
1,274Lot

Price Vs. Estimate

The estimated value ($1,457,237.415) is $42,742.585 (2%) lower than the list price ($1,499,980). This property may be overpriced.

Key pros and cons

Top Pros:
Spectacular Panoramic Views: The property offers exceptional, spectacular DTLA and Mountain Views, with incredible sweeping and unparalleled vistas including City Lights, Hills, and Landmarks from outdoor decks and terraces.
Top 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 = 1274, living area = 2362.

Compared to the nearby listings

Price:$1.50M vs avg $756.5K (+$743,480)92%
Size:2,362 sqft vs avg 1,360 sqft83%
Price/sqft:$635 vs avg $61250%

More Insights

Built in 2019 (7 years old).
Condition: This property was built in 2019, making it only 5 years old. The description highlights its 'modern luxury and style' and 'turnkey' condition. The images showcase a contemporary design with new, high-end kitchen appliances, modern cabinetry, quartz countertops, and stylish backsplashes. Bathrooms feature modern vanities, new fixtures, and contemporary tiling. Hard surface flooring is present throughout, and all components appear virtually new, aligning perfectly with the 'Excellent' criteria for a recently built property with no deferred maintenance.
Year Built
2019
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$635
HOA
$198
Days on market
-
Sold On
-
MLS number
OC25279648
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Landmark, Mountain(s), Panoramic
Deck
ViewCity Lights,Hills,Landmark,Mountain(s),Panoramic

About this home

With exceptional, spectacular DTLA and Mountain Views this is the perfect spot for those who would like to experience all that urban living has to offer in a gorgeous single family home with modern luxury and style. Located in the gated community of East Hill at Elysian Peak, this contemporary home feature outdoor decks and terraces that offer incredible sweeping views that are unparalleled. Thoughtfully designed for the way you live, work, and entertain, each spacious home boasts an open concept floor plan, perfect for entertaining. Escape in the master suite with a walk-in closet and luxurious en suite bathroom. Abundant picture windows with ample amount of natural lighting, hard surface flooring throughout, attached 2 car garages, complete these premier, turnkey homes. Just minutes to Downtown and nestled above the city in one of LA’s most historic and diverse neighborhoods; residents of Elysian Peak enjoy what DTLA has to offer while appreciate their private retreat. With abundant amenities just down the street, this trendy residential enclave offers endless recreation with scenic trails and a vibrant local scene. Close to highway 101, 110 and 5 as well as Dodger Stadium, Staples Center, USC, Grand Central Market, China Town, Monterey Park, restaurants, shops and so much more. Low HOA, perfect for both self-occupation and investment!*Property photos are from the model home with the same floorplan. It's not the actual staging.

C
Cindy Chin
Listing Agent

Nearby schools

6/10
Castelar Street Elementary School
Public,•K-5•0.5mi
4/10
Betty Plasencia Elementary School
Public,•K-6•0.6mi
7/10
Solano Avenue Elementary School
Public,•K-6•0.9mi
2/10
Logan Street Elementary School
Public,•K-8•0.9mi
3/10
Sal Castro Middle School
Public,•6-8•1.1mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.9mi
3/10
Belmont Senior High School
Public,•9-12•1.1mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•2.4mi

Price History

Date
Event
Price
06/21/21
Sold
$1,395,000
Condition Rating
Excellent
This property was built in 2019, making it only 5 years old. The description highlights its 'modern luxury and style' and 'turnkey' condition. The images showcase a contemporary design with new, high-end kitchen appliances, modern cabinetry, quartz countertops, and stylish backsplashes. Bathrooms feature modern vanities, new fixtures, and contemporary tiling. Hard surface flooring is present throughout, and all components appear virtually new, aligning perfectly with the 'Excellent' criteria for a recently built property with no deferred maintenance.
Pros & Cons

Pros

Spectacular Panoramic Views: The property offers exceptional, spectacular DTLA and Mountain Views, with incredible sweeping and unparalleled vistas including City Lights, Hills, and Landmarks from outdoor decks and terraces.
Modern, Turnkey Construction: Built in 2019, this contemporary home boasts modern luxury and style, presented as a premier, turnkey residence ready for immediate occupancy.
Prime Gated Community Location: Situated in the gated community of East Hill at Elysian Peak, it offers a private retreat nestled above the city, minutes from Downtown LA and major highways (101, 110, 5), with abundant local amenities.
Thoughtful Design & High-End Features: Designed for modern living, it features an open concept floor plan, abundant picture windows for natural light, hard surface flooring throughout, a luxurious master suite with walk-in closet, and attached 2-car garages.
Investment Potential & Low HOA: The property is highlighted as perfect for both self-occupation and investment, benefiting from a low HOA fee of $198, enhancing its appeal to a broad range of buyers.

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 = 1274, living area = 2362.
Misleading Property Photos: The listing explicitly states that property photos are from a model home with the same floorplan and not the actual staging, which may create misexpectations for potential buyers regarding the property's exact condition or finishes.
Compact Lot Size: With a lot size of only 1274 sqft, the outdoor space is significantly limited for a single-family residence, potentially impacting privacy and outdoor living opportunities.
Mixed Local School Ratings: While some schools have good ratings, several nearby public schools (e.g., Belmont Senior High, Sal Castro Middle, Logan Street Elementary) have lower ratings (2-3 out of 10), which could be a concern for families prioritizing top-tier local education.
Browse Properties by State Browse housing market trends by state