1204 N Thomas Lane, Los Angeles, California 90038, Los Angeles, 90038 - 3 bed, 4 bath

1204 N Thomas Lane, Los Angeles, California 90038 home-pic-0
ACTIVE$1,495,000
1204 N Thomas Lane, Los Angeles, California 90038
3Beds
4Baths
2,060Sqft
1,287Lot

Price Vs. Estimate

The estimated value ($1,242,003.815) is $252,996.185 (16%) lower than the list price ($1,495,000). This property may be overpriced.

Key pros and cons

Top Pros:
Rooftop Deck with Iconic Views: Features an expansive rooftop deck with low-maintenance turf, a gas line for entertaining, and stunning views of the Hollywood Sign, offering a premium outdoor living experience.
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 = 1287, living area = 2060.

Compared to the nearby listings

Price:$1.50M vs avg $1.07M (+$429,000)93%
Size:2,060 sqft vs avg 1,798 sqft64%
Price/sqft:$726 vs avg $59679%

More Insights

Built in 2021 (4 years old).
Condition: This property was built in 2021, making it a newly constructed home. The description explicitly states 'high-end upgrades' and a 'completely remodeled' powder room, along with new kitchen pantry cabinetry and redesigned primary closet. The images confirm a pristine, modern aesthetic throughout, featuring a contemporary kitchen with stainless steel appliances, white quartz countertops, wood-grain flat-panel cabinetry, and modern pendant lighting. Bathrooms are equally updated with modern vanities, black fixtures, and stylish tiling. All visible components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
2021
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$726
HOA
$185
Days on market
-
Sold On
-
MLS number
25558157
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Landmark
Deck
ViewCity Lights,Hills,Landmark

About this home

This 3-bedroom, 3.5-bath home offers 2,060 sq. ft. of thoughtfully designed living space, featuring a series of high-end upgrades. Custom window treatments add style and functionality throughout, while the powder room has been completely remodeled into a chic, moody retreat. Storage has been significantly enhanced with new kitchen pantry cabinetry, additional garage cabinets, a redesigned primary closet with extra drawers and shelving, and upper linen cabinets with stone countertops. The open floor plan is bright and welcoming, with one bedroom on the entry level and two bedrooms, including the primary suite, on the third floor. Outdoor spaces include a balcony off the living room, a private balcony off the primary bedroom, and an expansive rooftop deck. The rooftop is a true highlight, finished with lush, low-maintenance turf, a gas line for a BBQ and fire pit, and a privacy fence creating an inviting space perfect for lounging, entertaining, and taking in the stunning view of the Hollywood sign. Situated in a vibrant, walkable neighborhood, this home is just steps from some of the area's best amenities. Enjoy dining at Salt's Cure, Superba, Gwen, Kreation, and Rao's, pick up fresh produce at the Hollywood Farmers Market, or grab your essentials at Mother's Market. A local coffee shop is just around the corner, adding even more convenience to this ideal location. This home seamlessly combines style, comfort, and an unbeatable location perfect for modern living in the heart of Hollywood.

Condition Rating
Excellent

This property was built in 2021, making it a newly constructed home. The description explicitly states 'high-end upgrades' and a 'completely remodeled' powder room, along with new kitchen pantry cabinetry and redesigned primary closet. The images confirm a pristine, modern aesthetic throughout, featuring a contemporary kitchen with stainless steel appliances, white quartz countertops, wood-grain flat-panel cabinetry, and modern pendant lighting. Bathrooms are equally updated with modern vanities, black fixtures, and stylish tiling. All visible components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Rooftop Deck with Iconic Views: Features an expansive rooftop deck with low-maintenance turf, a gas line for entertaining, and stunning views of the Hollywood Sign, offering a premium outdoor living experience.
Prime Walkable Hollywood Location: Located in a vibrant, highly walkable neighborhood, providing immediate access to top-rated restaurants, markets, and local amenities in the heart of Hollywood.
Modern Construction & High-End Upgrades: Built in 2021, the home boasts contemporary design, custom window treatments, a chic remodeled powder room, and enhanced storage solutions throughout.
Thoughtful & Enhanced Storage: Significant storage improvements include new kitchen pantry cabinetry, additional garage cabinets, a redesigned primary closet, and upper linen cabinets with stone countertops.
Multiple Private Outdoor Spaces: Offers diverse outdoor living with a balcony off the living room, a private balcony off the primary bedroom, and the large, well-appointed rooftop deck.

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 = 1287, living area = 2060.
Significant Overpricing Relative to Market: The current listing price of $1.495M is notably higher than the estimated property value of $1.242M, suggesting it may be overpriced compared to market comparables.
Multi-Level Layout with Stairs: The home's multi-level floor plan, with bedrooms on different floors, may not suit buyers seeking single-story living or those with mobility concerns.
Limited Private Yard Space & HOA Fees: The small lot size (1287 sq. ft.) offers minimal private yard space, and the property incurs a monthly association fee of $185, adding to ownership costs.

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