2515 N Commonwealth Avenue, Los Angeles, California 90027, Los Angeles, 90027 - 6 bed, 5 bath
ACTIVE$3,299,000
2515 N Commonwealth Avenue, Los Angeles, California 90027
6Beds
5Baths
3,092Sqft
9,756Lot
Price Vs. Estimate
The estimated value ($2,496,909.755) is $802,090.245 (24%) lower than the list price ($3,299,000). This property may be overpriced.
Key pros and cons
Top Pros:
Architectural Significance & Historic Charm: An elegant 1939 Mediterranean Revival main house with a guesthouse designed by the renowned John Lautner, preserving much original character including wood floors, a dramatic curved staircase, and barreled ceilings.
Top Cons:
Fixer-Upper Condition: Explicitly marketed as a 'fixer,' indicating that significant renovation, modernization, and capital investment will be required to restore and update the property.
Compared to the nearby listings
Price:$3.30M vs avg $2.30M (+$999,000)80%
Size:3,092 sqft vs avg 2,471 sqft71%
Price/sqft:$1.1K vs avg $97869%
More Insights
Built in 1939 (86 years old).
Condition: Built in 1939, this property is explicitly described as a 'fixer' with 'much original character intact,' indicating a significant lack of modern updates. The visible interior images show outdated aesthetics, worn carpets in some areas, and traditional fixtures. Crucially, there are no images provided for the kitchen or bathrooms, which strongly suggests these key areas are in original or very outdated condition and would require substantial renovation. The property needs significant rehabilitation to meet current quality and comfort standards.
Year Built
1939
Close
-
List price
$3.3M
Original List price
$3.6M
Price/Sqft
$1,067
HOA
-
Days on market
-
Sold On
-
MLS number
25575481
Home ConditionPoor
Features
Patio
View-
About this home
Hidden Treasure fixer w/credentials! Elegant 1939 Mediterranean Revival w/full guesthouse designed by John Lautner. Extremely private, hedged corner lot w/tremendous potential. Gated entry to spacious grounds surrounding classic, Los Feliz Villa. Much original character intact like center hall entry w/great flow, wood floors, and dramatic curved entry staircase w/original ironwork. Fireplace in living room, library +cozy breakfast nook. Some barreled ceilings,and many French doors. Guest house commissioned by John Lautner w/sitting area, bedroom and large music studio. Large backyard and Tuscan like grounds. Rear, detached garage and parking area. Very desirable location,w/easy walk to Los Feliz village or Griffith Park!
Nearby schools
8/10
Franklin Avenue Elementary School
Public,•K-6•0.7mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•1.0mi
9/10
Ivanhoe Elementary School
Public,•K-5•1.2mi
/10
Lexington Avenue Primary Center
Public,•K-2•1.6mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•1.9mi
4/10
Grant Elementary School
Public,•K-6•2.0mi
5/10
Micheltorena Street Elementary School
Public,•K-5•2.0mi
6/10
Cheremoya Avenue Elementary School
Public,•K-6•2.1mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.5mi
3/10
Joseph Le Conte Middle School
Public,•6-8•2.4mi
8/10
John Marshall Senior High School
Public,•9-12•0.8mi
6/10
Hollywood Senior High School
Public,•9-12•3.3mi
Price History
Date
Event
Price
05/11/00
Sold
$750,000
Condition Rating
Poor
Built in 1939, this property is explicitly described as a 'fixer' with 'much original character intact,' indicating a significant lack of modern updates. The visible interior images show outdated aesthetics, worn carpets in some areas, and traditional fixtures. Crucially, there are no images provided for the kitchen or bathrooms, which strongly suggests these key areas are in original or very outdated condition and would require substantial renovation. The property needs significant rehabilitation to meet current quality and comfort standards.
Pros & Cons
Pros
Architectural Significance & Historic Charm: An elegant 1939 Mediterranean Revival main house with a guesthouse designed by the renowned John Lautner, preserving much original character including wood floors, a dramatic curved staircase, and barreled ceilings.
Prime Los Feliz Location: Situated in a highly desirable Los Feliz neighborhood, offering an easy walk to Los Feliz village amenities and the expansive Griffith Park.
Versatile Guesthouse with Studio: Features a full guesthouse, designed by John Lautner, complete with a sitting area, bedroom, and a large music studio, providing significant flexibility for use as a rental, home office, or multi-generational living.
Exceptional Privacy & Grounds: An extremely private, hedged corner lot with a gated entry, spacious grounds, a large backyard, and Tuscan-like landscaping, creating an exclusive and serene environment.
Generous Size & Classic Layout: Boasts a substantial 3092 sqft of living space with 6 bedrooms and 5 bathrooms on a large 9756 sqft lot, featuring a classic center hall entry with great flow.
Cons
Fixer-Upper Condition: Explicitly marketed as a 'fixer,' indicating that significant renovation, modernization, and capital investment will be required to restore and update the property.
Potential for Age-Related Issues: Built in 1939, the property may have outdated systems (plumbing, electrical, HVAC) and require substantial maintenance or upgrades to meet contemporary standards and efficiency.
Lack of Views: The property does not offer any notable views, which could be a drawback for buyers in a luxury Los Angeles market where panoramic vistas often command a premium.