
Los Angeles, California 90028
This Historic Hollywood Townhome is a Strong Value Opportunity, listed at $899,000—positioned well below the $965,293 Fair Market Value by 6%. This valuation gap offers $66,293 in Instant Equity for the buyer. Featuring a Mint Condition Rating and meticulous restoration by Xorin Balbes, this residence includes a private gated patio and Tesla charger. As a Mills Act property, it provides significant tax savings. This is an ideal acquisition for Owner-Occupants or historic preservation enthusiasts seeking a turnkey, architecturally significant residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1846 Grace Avenue Subject | $899,000* List Price | 1 | 1 | 940 | $1,027 | - |
A 1838 Grace Avenue Sold | $860,000 | 1 | 1 | 770 | $1,117 | 0.0 mi |
B 6253 Hollywood Boulevard 1202 Active | $950,000 List Price | 2 | 2 | 1,305 | $728 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Though built in 1927, this historic residence has been meticulously restored and updated. It features a modern kitchen with premium Bosch appliances, a spa-inspired bathroom, and upgraded systems including a private Tesla charger, placing it in mint, move-in condition.
As a designated L.A. Historic-Cultural Monument commissioned by Cecil B. DeMille and designed by the Zwebells, this property offers unparalleled historical significance and authentic period craftsmanship.
The residence benefits from the Mills Act, providing the owner with substantial property tax savings, which is a highly coveted financial incentive for historic Los Angeles real estate.
The home seamlessly integrates modern conveniences into its historic frame, including a designer restoration by Xorin Balbes, premium Bosch appliances, and a private Tesla charger.
With only one bedroom and one bathroom, the 940-square-foot floor plan limits the potential buyer pool to individuals or couples and lacks flexibility for a home office or guest space.
The listing price reflects a high cost per square foot driven by its 'trophy property' status, which may exceed the valuation of comparable non-historic units in the Hollywood area.
"Mr. DeMille, I'm ready for my close-up." A truly rare opportunity to own a storied piece of Hollywood history at the legendary El Cabrillo the iconic historic residence originally commissioned by Cecil B. DeMille in 1927, masterfully designed by celebrated architects Arthur and Nina Zwebell and meticulously restored by renowned designer Xorin Balbes. This exceptional two-story townhome with a private outdoor patio is a masterful blend of Old Hollywood romance, timeless elegance, and architectural significance. Rich in period authenticity, the residence showcases dramatic beamed ceilings, hardwood floors, handcrafted tile, intricate moldings, authentic ironwork, and charming casement windowseach detail thoughtfully preserved to create a home of extraordinary warmth, character, and atmosphere.The main level welcomes you into a breathtaking two-story living room bathed in natural light from expansive windows overlooking the tranquil courtyard and fountain. A grand, estate-style romantic fireplace serves as the centerpiece of the space, complemented by a separate dining area and a thoughtfully updated kitchen appointed with premium Bosch appliances. Additional conveniences include an in-unit stackable washer and dryer and a large private gated patio, ideal for outdoor dining, entertaining, or peaceful relaxation.Upstairs, stunning period craftsmanship continues with a graceful staircase leading to a charming balcony overlooking the living area below. The inviting bedroom retreat features a soaring lofted beamed ceiling and serene treetop and courtyard views, evoking the romance of a bygone era. The spacious, spa-inspired bathroom offers a deep soaking tub with shower, and picturesque windows overlooking the private courtyard framed by blooming magnolia vines and mature palm trees.Completing this remarkable offering is a deeded parking space equipped with a private Tesla charger within the gated parking area. Designated as part of an L.A. Historic-Cultural Monument, El Cabrillo also benefits from the highly desirable Mills Act, offering substantial property tax savings to the owner, recently extended for an additional nine years or more.A once-in-a-generation opportunity to own one of Hollywood's most architecturally significant and enchanting residences. If you missed my last listing at El Cabrillo that sold over listing price, now is your chance to live in this one of a kind offering!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 940 | 1,150 | 27% |
| Lot Size | 13,113 | 13,113 | 50% |
| Price | $899.0K | $735.0K | 82% |
| Price per sq ft | $956 | $613 | 82% |
| Built year | 1927 | 1929 | 18% |
| HOA | $441.95 | $546 | 36% |
| Days on market | 19 | 165 | 18% |
May 28, 2026
$899,000
Initial Listing
Dec 1, 2020
$780,000
Public Record