
Los Angeles, California 90020
This Stunning Penthouse Residence is a Strong Value Opportunity, listed at $1,025,000—positioned well above the $923,848 Fair Market Value by 10%. While currently priced as a premium asset, the property offers a Good Condition Rating and exceptional lifestyle features, including sweeping Hollywood Sign views, a Tesla charger, and a private storage unit. Located in the highly coveted 3rd Street Elementary School district, this home provides a rare combination of privacy and urban convenience. It is an ideal acquisition for Owner-Occupants or discerning professionals seeking a turnkey, high-end sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 311 S Gramercy Place 602 Subject | $1,025,000* List Price | 3 | 2 | 1,570 | $588 | - |
A 333 Westminster Avenue 402 Sold | $871,000 | 2 | 3 | 1,424 | $612 | 0.2 mi |
B 333 Westminster Avenue 405 Sold | $900,000 | 2 | 3 | 1,536 | $586 | 0.2 mi |
C 421 S Van Ness Sold | $1,085,000 | 3 | 3 | 1,960 | $554 | 0.2 mi |
D 333 Westminster Avenue 204 Sold | $850,000 | 2 | 3 | 1,553 | $547 | 0.2 mi |
E 421 S Van Ness Avenue 3 Sold | $1,020,000 | 3 | 3 | 1,960 | $520 | 0.2 mi |
F 319 S Serrano Avenue Sold | $1,049,000 | 3 | 4 | 1,784 | $588 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2010, this 16-year-old penthouse falls within the 10-20 year range for 'Good' condition. The property is well-maintained and move-in ready, featuring a modern kitchen with stainless-steel appliances, contemporary wood flooring, and updated bathrooms with dual vanities and a soaking tub.
The property is located within the highly-coveted 3rd Street Elementary School district, a major driver for property value and a significant draw for families prioritizing top-tier public education.
As a top-floor penthouse, this unit offers rare, unobstructed views of the Hollywood Sign and hills, providing a sense of privacy and quiet that is difficult to find in a dense urban setting.
The residence includes premium practical features often missing in condos, such as a dedicated Tesla charger and an unusually large private storage unit located conveniently on the parking level.
The parking spaces are arranged in a tandem layout, which can be a daily logistical inconvenience for multi-car households compared to side-by-side parking.
For a three-bedroom residence at this price point, having only two bathrooms—without a guest powder room—may be seen as a functional limitation for families or those who entertain frequently.
Gorgeous three-bedroom penthouse in the coveted 3rd Street Elementary School district with sweeping views of the Hollywood Sign and surrounding hills. Incredibly quiet and filled with natural light, the residence has the privacy and feel of a home with all the conveniences of condo living.The open living and dining areas take full advantage of the views, with a private balcony that brings the outdoors in. The spacious kitchen offers abundant cabinetry and counter space, stainless-steel appliances, breakfast bar seating and an easy flow into the dining and living spaces.All three bedrooms are generously sized, including a large primary suite with dual vanities, soaking tub and separate shower. Warm wood floors, high ceilings, built-ins and great storage throughout make the home as functional as it is comfortable.The penthouse also comes with tandem parking conveniently located on the first garage level with a Tesla charger, plus a huge private storage unit on the same level. There is plenty of guest parking, along with a community gym and landscaped courtyard.A rare combination of space, views, light and privacy in an incredibly central location, close to some of the best shopping, restaurants and everything you love about this part of Los Angeles.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,570 | 1,219.385 |
| Lot Size | 21,069 | 27,236.074 |
| Price | $1.02M | $800.2K |
| Price per sq ft | $653 | $650 |
| Built year | 2010 | 1979 |
| HOA | $398.0 | $685 |
| Days on market | 9 | 72 |
Aug 31, 2026
$1,025,000
Initial Listing
Jul 27, 2021
$850,000
Public Record
Feb 24, 2014
$740,000
Public Record
Jun 13, 2011
$640,000
Public Record