2775 Wright Lane, Los Angeles, California 90068, Los Angeles, 90068 - 3 bed, 4 bath

2775 Wright Lane, Los Angeles, California 90068 home-pic-0
ACTIVE$1,280,000$1,859/sqft
Est. Value: $1,384,964
8%
BelowEstimate
2775 Wright Lane, Los Angeles, California 90068
3Beds
4Baths
1,859Sqft
6,644Lot

Price Vs. Estimate

The estimated value ($1,384,964.41) is $104,964.41 (8%) higher than the list price ($1,280,000). This property may be underpriced.

Key pros and cons

Top Pros:
Premier Location & Gated Community: Situated in a highly desirable, premier gated community in the Hollywood Hills, offering privacy, security, and convenient access to local attractions like the Hollywood Bowl and Runyon Canyon.
Top Cons:
Recurring Association Fees: Homeowners are subject to a monthly association fee of $198, which adds to the ongoing cost of ownership.

Compared to the nearby listings

Price:$1.28M vs avg $1.76M ($-480,000)13%
Size:1,859 sqft vs avg 2,276 sqft36%
Price/sqft:$689 vs avg $86428%

More Insights

Built in 2015 (11 years old).
Condition: Built in 2015, this property is virtually new and in pristine condition. The kitchen features custom cabinetry, Caesarstone countertops, and top-of-the-line stainless steel appliances, all modern and well-maintained. Bathrooms boast contemporary vanities, dual sinks in the primary, oversized showers with modern tiling, and updated fixtures. Hardwood flooring, recessed lighting, smart-home features, and energy-efficient systems throughout confirm its excellent, move-in ready status with no deferred maintenance.
Year Built
2015
Close
-
List price
$1.28M
Original List price
$1.28M
Price/Sqft
$689
HOA
$198
Days on market
-
Sold On
-
MLS number
26632993
Home ConditionExcellent
Features
Good View: Hills
Deck
ViewHills

About this home

Welcome to the premier gated community in the Hollywood Hills and its finest residence. This turnkey 3-bedroom, 3.5-bath multi-level end unit is flooded with natural light from three exposures, a rare privilege shared by only two homes in the community.The main level features an open-concept kitchen thoughtfully designed with custom cabinetry, Caesarstone countertops, and top-of-the-line stainless steel appliances. This level also includes a guest bath and a spacious living area with "walls of windows" and large sliding doors that open to your backyard oasis, one of the largest in the community. This upgraded outdoor space is ideal for entertaining and includes custom built-in seating and a fully equipped BBQ kitchen surrounded by nature and the greenery of the hills.Upstairs are two large en-suite bedrooms, including the primary suite with lofted ceilings. Your primary bedroom features an incredible primary bath featuring dual sinks, oversized shower and an oversized walk in closet. On the entry level, the home offers an additional en-suite guest bedroom along with a private two-car garage.Built in 2015, the home is equipped with smart-home features including a Nexia and Ring automated system, programmable thermostat, energy-efficient lighting, tankless water heater, high efficiency Washer/Dryer, insulated air ducts, and high-performance windows with push-button Hunter Douglas automated blinds backed by a lifetime warranty.Ideally located near the Hollywood Bowl and Runyon Canyon, and only a minutes to the valley, this home offers an exceptional balance of privacy, convenience, and elevated city living. Whether you are looking for your new primary residence or looking to find a rental property that will fetch a premium, this has it all.

A
Austin Muller
Listing Agent

Nearby schools

8/10
Valley View Elementary School
Public,K-60.5mi
3/10
Hubert Howe Bancroft Middle School
Public,6-82.2mi
6/10
Hollywood Senior High School
Public,9-121.4mi

Price History

Date
Event
Price
05/01/19
Sold
$1,055,000
04/29/16
Sold
$975,000
Condition Rating
Excellent

Built in 2015, this property is virtually new and in pristine condition. The kitchen features custom cabinetry, Caesarstone countertops, and top-of-the-line stainless steel appliances, all modern and well-maintained. Bathrooms boast contemporary vanities, dual sinks in the primary, oversized showers with modern tiling, and updated fixtures. Hardwood flooring, recessed lighting, smart-home features, and energy-efficient systems throughout confirm its excellent, move-in ready status with no deferred maintenance.
Pros & Cons

Pros

Premier Location & Gated Community: Situated in a highly desirable, premier gated community in the Hollywood Hills, offering privacy, security, and convenient access to local attractions like the Hollywood Bowl and Runyon Canyon.
Modern & Smart Home Equipped: Built in 2015 and presented as turnkey, the home features extensive smart-home technology (Nexia, Ring, automated blinds) and energy-efficient systems, ensuring modern comfort and lower utility costs.
Abundant Natural Light & Unique Layout: As a multi-level end unit, it benefits from natural light from three exposures, a rare and highly sought-after feature within the community, enhancing the living experience.
High-End Kitchen & Primary Suite: The open-concept kitchen boasts custom cabinetry, Caesarstone countertops, and top-of-the-line stainless steel appliances, complemented by a luxurious primary suite with dual sinks, an oversized shower, and a walk-in closet.
Private Outdoor Entertainment Oasis: Features one of the largest upgraded backyards in the community, complete with custom built-in seating and a fully equipped BBQ kitchen, perfect for outdoor entertaining amidst natural greenery.

Cons

Recurring Association Fees: Homeowners are subject to a monthly association fee of $198, which adds to the ongoing cost of ownership.
Unit Type & HOA Restrictions: As an 'end unit' within a gated community, the property likely involves shared walls and adherence to Homeowners Association (HOA) rules, which may impose limitations on exterior modifications or impact perceived privacy.
Mixed School Performance: While the elementary school has a good rating, the assigned middle school has a significantly lower rating (3), which could be a consideration for families with school-aged children.
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