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323 S Orange Drive, Los Angeles, California 90036, Los Angeles, 90036 - 4 bed, 5 bath

323 S Orange Drive, Los Angeles, California 90036 home-pic-0
ACTIVE$2,850,000$3,267/sqft
Est. Value: $3,036,175
6%
BelowEstimate
323 S Orange Drive, Los Angeles, California 90036
4Beds
5Baths
3,267Sqft
6,761Lot

Price Vs. Estimate

The estimated value ($3,036,175.02) is $186,175.02 (6%) higher than the list price ($2,850,000). This property may be underpriced.

Key pros and cons

Top Pros:
Comprehensive Modern Renovation: Every inch of this 1924 residence has been reimagined with new oak flooring, lighting, updated plumbing, electrical, roof, sewer, AC, furnace, tankless water heater, windows, doors, kitchen, bedrooms, bathrooms, and energy-efficient systems, ensuring comfort and peace of mind.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3267, other record living area = 2210. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$2.85M vs avg $2.22M (+$634,000)64%
Size:3,267 sqft vs avg 2,565 sqft69%
Price/sqft:$872 vs avg $95040%

More Insights

Built in 1924 (102 years old).
Condition: Despite being built in 1924, the property has undergone a comprehensive, 'every inch' renovation, including new plumbing, electrical, roof, sewer, AC, furnace, tankless water heater, windows, doors, kitchen, and bathrooms. The kitchen features high-end appliances, Italian countertops, and modern cabinetry, while the bathrooms are spa-inspired with new fixtures and finishes. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1924
Close
-
List price
$2.85M
Original List price
$2.85M
Price/Sqft
$872
HOA
-
Days on market
-
Sold On
-
MLS number
SR25266929
Home ConditionExcellent
Features
Good View: City Lights, Neighborhood
Deck
Patio
ViewCity Lights,Neighborhood

About this home

Welcome to this newly renovated, character-driven residence in one of Hancock Parks most coveted neighborhoods. This residence seamlessly blends classic charm with elevated contemporary design. The main house offers three beautifully appointed bedrooms, each en suite with custom walk-in closets, the home has been reimagined for both refined living and everyday comfort. At the heart of the home is a show-stopping chef’s kitchen, anchored by a 10-foot island topped with imported Italian Magnifica Encore countertops. Warm oak cabinetry, premium finishes, and rich wood flooring throughout create a cohesive, inviting aesthetic that feels both luxurious and timeless. The newly designed and custom-built upstairs primary suite is a true retreat, thoughtfully crafted with scale, light, and privacy in mind. From the spacious bedroom to the spa-inspired en-suite and generous walk-in closet, every detail has been carefully curated. Step outside and be greeted by a charming two-story ADU is rich in character and thoughtfully designed to maximize both style and function. Featuring its own kitchenette, full bathroom, and an inviting loft bedroom, this private retreat feels completely separate from the main residence. Ideal for hosting guests or extended family, creating a peaceful home office, inspiring studio space, or generating monthly rental income. This ADU offers exceptional flexibility. With its charming details and smart layout, it’s a rare opportunity to enjoy added living space that enhances both lifestyle and value. Your backyard is a serene private retreat with fresh manicured landscaping creating a lush, inviting setting, while a dedicated deck just off the house offers the perfect space for outdoor dining, relaxing, or entertaining. Every inch of this home has been reimagined—from new oak flooring and lighting to updated plumbing, electrical, roof, sewer, AC, furnace, tankless water heater, windows, doors, kitchen, bedroom, bathrooms and energy-efficient systems—delivering both comfort and peace of mind. Minutes from The Grove, Shopping & Restaurants, and award-winning schools.

J
Jordan Davies
Listing Agent

Price History

Date
Event
Price
08/13/24
Sold
$1,675,000
Condition Rating
Excellent
Despite being built in 1924, the property has undergone a comprehensive, 'every inch' renovation, including new plumbing, electrical, roof, sewer, AC, furnace, tankless water heater, windows, doors, kitchen, and bathrooms. The kitchen features high-end appliances, Italian countertops, and modern cabinetry, while the bathrooms are spa-inspired with new fixtures and finishes. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Comprehensive Modern Renovation: Every inch of this 1924 residence has been reimagined with new oak flooring, lighting, updated plumbing, electrical, roof, sewer, AC, furnace, tankless water heater, windows, doors, kitchen, bedrooms, bathrooms, and energy-efficient systems, ensuring comfort and peace of mind.
Gourmet Chef's Kitchen: The heart of the home features a show-stopping chef’s kitchen with a 10-foot island, imported Italian Magnifica Encore countertops, warm oak cabinetry, and premium finishes, creating a luxurious and timeless aesthetic.
Flexible Two-Story ADU: A charming two-story ADU with its own kitchenette, full bathroom, and loft bedroom offers exceptional flexibility for guests, extended family, a home office, studio space, or potential rental income.
Coveted Hancock Park Location: Situated in one of Hancock Park's most desirable neighborhoods, the property is minutes from The Grove, premier shopping, restaurants, and award-winning schools, offering an unparalleled lifestyle.
Luxurious Primary Suite & En-suites: The newly designed primary suite is a true retreat with scale, light, privacy, a spa-inspired en-suite, and a generous walk-in closet. Additionally, all three main house bedrooms are en suite with custom walk-in closets.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3267, other record living area = 2210. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Absence of Private Pool: For a luxury property in the Los Angeles market, the lack of a private swimming pool may be a notable omission for some high-end buyers expecting this amenity.
Moderate Lot Size for Expansion: While the backyard offers a serene, manicured setting with a deck, the 6,761 sqft lot size might limit significant future expansion of the main residence or the addition of extensive outdoor features beyond the existing landscaping.
Historic Property Considerations: Despite extensive modern updates to all major systems, the home's original construction year of 1924 may still present unique long-term maintenance considerations or potential for unforeseen issues typical of older structures.
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