
Los Angeles, California 90018
This Historic Spanish Colonial Revival Estate represents a High-Potential Investment Opportunity, listed at $1,999,000—positioned well above the $1,879,769 Fair Market Value. While the price reflects a premium, the property offers significant long-term value through its Mills Act Tax Benefits and Mint Condition Rating. Featuring a swimmer's pool, detached bonus suite, and meticulous restoration, this residence provides a rare blend of architectural significance and modern luxury. It is an ideal acquisition for Historic Preservation Enthusiasts or Owner-Occupants seeking a distinguished, turnkey Los Angeles sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2052 S Hobart Boulevard Subject | $1,999,000* List Price | 4 | 4 | 3,019 | $623 | - |
A 2274 W 21st Street Sold | $1,525,000 | 4 | 3 | 3,048 | $500 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1925 historic estate has undergone a meticulous restoration and high-end modern renovation within the last 5 years. The property features a fully updated kitchen with stone countertops and modern appliances, a spa-like primary bath with radiant-heated marble floors, and high-end systems including automatic shades and a modern pool area. It is in mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12513, living area = 3019.
As a recorded historic residence under the Mills Act, this property offers significant property tax savings, providing a substantial financial advantage for the homeowner.
The estate perfectly balances 1920s architectural integrity, including original Batchelder tile and Red Gum paneling, with high-end modern luxuries like radiant-heated marble floors and a chef's kitchen.
Being located within a Historic Preservation Overlay Zone (HPOZ) means any future exterior modifications or expansions are subject to strict city guidelines and approval processes.
Despite the high-quality restoration, a century-old home typically requires more specialized and frequent maintenance of its historic materials and structural elements compared to modern constructions.
Welcome to this extraordinary Mills Act Spanish Colonial Revival estate offering 4 bedrooms and 4 bathrooms. Situated within the Historic Preservation Overlay Zone (HPOZ), this recorded historic residence has been meticulously restored to honor the original vision of architect Merrill Everett while seamlessly integrating modern comforts. Spanning approximately 3,019 square feet on an expansive 12,510-square-foot lot, the home opens to a formal entry leading into a grand living room with rich hardwood floors, abundant natural light, and a magnificent original Batchelder tile fireplace. The adjacent formal dining room flows effortlessly into a beautifully updated kitchen, complete with stone countertops, modern appliances, and a charming breakfast nook with French doors that open to a covered patio and outdoor seating area anchored by a cozy fireplace. The main level also features a dedicated laundry area and a full bathroom with both tub and shower. Upstairs, the west-facing primary suite is filled with natural light and appointed with automatic shades, expansive walk-in closets paneled in Red Gum and Mahogany, and a spa-like ensuite bath featuring radiant-heated marble floors and dual showers. The upper level also includes a foyer with access to a private balcony, a second bedroom with its own walk-in closet and private balcony, and a Jack-and-Jill bathroom shared with the third bedroom. The backyard offers a true private retreat, centered around a sparkling swimmer's pool and enhanced by fire pits, lush landscaping, and multiple gathering and lounging areas ideal for al fresco dining and entertaining. Completing the property is a detached bonus suite above the two-car garage, featuring a bedroom or gym and full bathroom, providing exceptional flexibility for guests, a home office, fitness studio, or creative space. Blending architectural significance, valuable Mills Act tax benefits, and resort-style living, this exceptional estate presents a rare opportunity to own one of the area's most distinguished historic residences.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,019 | 1,672 |
| Lot Size | 12,513 | 6,067 |
| Price | $2.00M | $1.37M |
| Price per sq ft | $662 | $801 |
| Built year | 1925 | 1939 |
| HOA | $0 | $348 |
| Days on market | 34 | 56 |
Jun 18, 2026
$1,999,000
Initial Listing
Jan 8, 2019
$1,250,000
Public Record
Oct 26, 2005
$1,055,000
Public Record
Aug 22, 2005
$860,000
Public Record
Dec 29, 2004
$486,000
Public Record
Jul 31, 2003
$210,000
Public Record