2537 Crestmoore Place, Los Angeles, California 90065, Los Angeles, 90065 - 2 bed, 2 bath
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Los Angeles, California 90065
This Turnkey Hillside Sanctuary is a Strong Value Opportunity, listed at $1,049,000—positioned well below the $1,129,668 Fair Market Value by 7%. This valuation gap offers $80,668 in Instant Equity for the buyer. Featuring a detached recording studio, hillside funicular, and sweeping city views, the property maintains a Condition Rating of 2 following a high-end renovation. This unique blend of modern luxury and creative utility is an ideal acquisition for Owner-Occupants or creative professionals seeking a move-in ready retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2537 Crestmoore Place Subject | $1,049,000* List Price | 2 | 2 | 2,030 | $552 | - |
A 3847 Sunbeam Drive Sold | $1,320,000 | 3 | 3 | 1,979 | $667 | 0.4 mi |
B 3735 Division Street Sold | $1,220,000 | 3 | 3 | 1,826 | $668 | 0.6 mi |
C 2042 Rome Sold | $950,000 | 3 | 3 | 1,764 | $539 | 0.5 mi |
D 2852 W Avenue 34 Active | $1,195,000 List Price | 4 | 3 | 2,016 | $593 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1922, the property has undergone a comprehensive high-end renovation within the last 5 years. The kitchen features modern appliances and finishes, the bathrooms are fully updated with designer tiling, and the interior shows visible modern HVAC ducting and mint-condition flooring throughout.
The property includes a detached recording studio that serves as a versatile home office or artist retreat, providing a private, dedicated workspace that is highly coveted in the NELA market.
A rare hillside funicular is included to make transporting groceries and cargo effortless, effectively addressing one of the primary logistical challenges of hilltop living.
The home features soaring ceilings, abundant natural light, and sweeping views of city lights and trees, offering a unique 'Swiss Family Robinson' meets mid-century modern aesthetic.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2030, other record living area = 448.
The steep hilltop location may limit the amount of usable flat yard space and could present accessibility challenges for guests or residents with mobility concerns.
Built in 1922, the property may require more rigorous ongoing maintenance of its foundation and vintage systems compared to more contemporary hillside constructions.
A hilltop hideaway transformed into the ultimate artist retreat. Part Swiss Family Robinson, part mid-century modern dream -- this is the NELA sanctuary you didn't know existed. Perched above Glassell Park with sweeping views, a generous lot, and a detached recording studio that's equal parts home office and creative escape. Open, light-filled interiors with soaring ceilings, abundant windows, and warm wood floors. The updated cook's kitchen is terrific for entertaining. The hillside funicular makes transporting groceries and other cargo a breeze. Outdoor spaces made for long dinners and longer conversations. Room for a vegetable garden, room to grow, and easy access to Eagle Rock, Highland Park, and all your favorite spots. Come see it -- you'll want to stay.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,030 | 1,672 |
| Lot Size | 7,711 | 6,067 |
| Price | $1.05M | $1.37M |
| Price per sq ft | $517 | $801 |
| Built year | 1922 | 1939 |
| HOA | $0 | $348 |
| Days on market | 40 | 56 |
Jun 12, 2026
$1,049,000
Initial Listing
Jul 1, 2021
$800,000
Public Record