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2475 Glendower Place, Los Angeles, California 90027, Los Angeles, 90027 - 5 bed, 7 bath

2475 Glendower Place, Los Angeles, California 90027 home-pic-0
ACTIVE$2,995,000
2475 Glendower Place, Los Angeles, California 90027
5Beds
7Baths
9,043Sqft
26,331Lot
Year Built
1925
Close
-
List price
$3M
Original List price
$3.65M
Price/Sqft
$331
HOA
-
Days on market
-
Sold On
-
MLS number
24455269
Home ConditionFair
Features
Good View: City Lights, Hills, Trees/Woods
Patio
ViewCity Lights,Hills,Trees/Woods

About this home

We found 2 Cons,3 Pros. Rank: price - $3.00M(72th), sqft - 9043(99th), beds - 5(83th), baths - 7(98th).

DEVELOPMENT OPPORTUNITY WITH APPROVED PLANS. Exceptional development opportunity delivered RTI with meticulously crafted plans by world-renowned architect Richard Landry. In the heart of Los Feliz, this 1920s Spanish Revival perched on a hilltop with expansive views, rests on over half an acre and offers 9,043 square feet of luxurious living space, including guest quarters and a gym. With additional patios, loggias, breezeways, and two garages, the total space extends to 10,939 square feet. Nestled in a historic neighborhood, just steps from Frank Lloyd Wright's iconic Ennis House, this is a rare chance for developers or owner-users to create a masterpiece.

Nearby schools

8/10
Franklin Avenue Elementary School
Public,•K-6•0.8mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•0.9mi
9/10
Ivanhoe Elementary School
Public,•K-5•1.6mi
4/10
Grant Elementary School
Public,•K-6•1.6mi
/10
Lexington Avenue Primary Center
Public,•K-2•1.6mi
6/10
Cheremoya Avenue Elementary School
Public,•K-6•1.7mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•1.9mi
5/10
Micheltorena Street Elementary School
Public,•K-5•2.1mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.6mi
3/10
Joseph Le Conte Middle School
Public,•6-8•2.0mi
8/10
John Marshall Senior High School
Public,•9-12•1.1mi
6/10
Hollywood Senior High School
Public,•9-12•2.9mi

Price History

Date
Event
Price
12/10/20
Sold
$2,350,000
Condition Rating
Fair
The property was built in 1925. While the description mentions approved plans by an architect, the current state of the kitchen and bathrooms, as seen in the images, appears dated. The house requires updates to meet modern standards, but it seems to be maintained. Therefore, a 'fair' condition score is appropriate.
Pros & Cons

Pros

Development Opportunity: Delivered RTI (Ready to Issue) with approved plans by Richard Landry, presenting a significant advantage for developers.
Prime Location: Located in the heart of Los Feliz, a highly desirable neighborhood, near the iconic Ennis House.
Expansive Space & Views: Offers over half an acre with expansive views and a substantial 9,043 sqft of living space, including guest quarters and a gym.

Cons

Price Reduction: The property has experienced a price reduction from its original list price, which may indicate challenges in the market.
Age of Structure: Built in 1925, the existing structure may require significant renovation or potential demolition depending on the development plans.

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