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157 N Las Palmas Avenue, Los Angeles, California 90004, Los Angeles, 90004 - 5 bed, 6 bath

157 N Las Palmas Avenue, Los Angeles, California 90004 home-pic-0
ACTIVE$4,795,000
157 N Las Palmas Avenue, Los Angeles, California 90004
5Beds
6Baths
4,519Sqft
13,356Lot
Year Built
1926
Close
-
List price
$4.79M
Original List price
$5.29M
Price/Sqft
$1,061
HOA
-
Days on market
-
Sold On
-
MLS number
25519681
Home ConditionGood
Features
Good View:
Pool
Patio
View

About this home

We found 3 Cons,5 Pros. Rank: price - $4.79M(87th), sqft - 4519(89th), beds - 5(81th), baths - 6(90th).

LOCATION! LOCATION! LOCATION! For Sale or Lease, furnished or unfurnished at $14,500., 157 N. Las Palmas is Hancock Park's finest! Enter into a grand English estate with every bell and Whistle! Las Palmas has a classic center-hall floor plan with a formal living room on the south, the formal dining room to the west with chef's kitchen, pantry, and charming breakfast room. Off the kitchen is a bedroom/office, 3/4 bath, and back stairs. To the north of the formal stairs is a stunning paneled library. Upstairs has a true primary suite with 4 other generous bedrooms and baths. The Dining Room and the Living Room overlook the lovely gardens and pool with easy access to and from the kitchen. The three-car garage is separate from the house. 157 N Las Palmas is timeless, elegant and represents the best of indoor and outdoor living!

Nearby schools

8/10
Third Street Elementary School
Public,•K-5•0.3mi
2/10
Vine Street Elementary School
Public,•K-6•1.1mi
6/10
Van Ness Avenue Elementary School
Public,•K-5•1.2mi
2/10
Wilshire Crest Elementary School
Public,•K-5•1.3mi
7/10
Queen Anne Place Elementary School
Public,•K-5•1.7mi
7/10
John Burroughs Middle School
Public,•6-8•0.8mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•0.9mi
3/10
Laurel Elementary School
Public,•K-8•1.8mi
4/10
Los Angeles Senior High School
Public,•9-12•1.3mi
7/10
Fairfax Senior High School
Public,•9-12•1.5mi

Price History

Date
Event
Price
08/01/25
$4,795,000
04/09/25
$5,295,000
Condition Rating
Good
This 1926-built English estate has been extensively updated, presenting a move-in ready condition. The kitchen features modern white shaker cabinets, stainless steel appliances, and hardwood flooring, though the dark countertops are not top-tier luxury. All bathrooms appear recently renovated with contemporary fixtures, white subway tile, and clean vanities. Hardwood floors are prevalent throughout the main living areas and bedrooms, and the overall aesthetic is clean and well-maintained. While the property is older, the significant updates to key areas like the kitchen and bathrooms, along with general good upkeep, place it firmly in the 'Good' category, indicating no immediate renovations are required, and systems are well-maintained with minimal wear and tear. It doesn't quite reach 'Excellent' as some elements, like the kitchen countertops, aren't ultra-premium, and the renovation timeline isn't explicitly stated as 'within 5 years' for all components, but it clearly exceeds 'Fair'.
Pros & Cons

Pros

Premier Location: Situated in the highly desirable Hancock Park area, known for its prestige and central access within Los Angeles, as highlighted by 'LOCATION! LOCATION! LOCATION!'.
Historic Grandeur & Architectural Character: A 'grand English estate' built in 1926, featuring a classic center-hall floor plan, formal rooms, and a stunning paneled library, offering timeless elegance and unique character.
Extensive & Well-Appointed Interior Spaces: Boasts a chef's kitchen, pantry, charming breakfast room, formal living and dining rooms, a true primary suite, and four additional generous bedrooms and baths, providing ample living space.
Exceptional Outdoor Amenities: Features lovely gardens and a pool, providing excellent opportunities for outdoor living, entertaining, and representing 'the best of indoor and outdoor living'.
Access to Top-Rated Schools: Located within close proximity to highly-rated public schools, including Third Street Elementary (rating 8) and John Burroughs Middle School (rating 7), a significant draw for families.

Cons

Age-Related System Concerns: As a 1926 build, while charming, the property may have older infrastructure (e.g., plumbing, electrical, HVAC) that could require significant investment for modernization or ongoing maintenance, not explicitly detailed as fully updated.
Significant Price Reduction: The property has seen a notable price drop from its original listing ($5.295M to $4.795M), which could indicate previous overpricing or challenges in attracting buyers at its initial price point.
High Ongoing Maintenance Demands: The expansive nature of a 'grand English estate' with large gardens and a pool implies substantial and continuous costs for property upkeep, landscaping, and pool maintenance.

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