3649 Regal Place 503, Los Angeles, California 90068, Los Angeles, 90068 - 3 bed, 3 bath

3649 Regal Place 503, Los Angeles, California 90068 home-pic-0
ACTIVE UNDER CONTRACT$2,000,000
3649 Regal Place 503, Los Angeles, California 90068
3Beds
3Baths
1,824Sqft
28,000Lot
Year Built
2024
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$1,096
HOA
$834.49
Days on market
-
Sold On
-
MLS number
24377981
Home ConditionExcellent
Features
Good View: City Lights, Hills, Valley
Deck
ViewCity Lights,Hills,Valley

About this home

We found 3 Cons,5 Pros. Rank: price - $2.00M(96th), sqft - 1824(87th), beds - 3(91th), baths - 3(78th).

Welcome to The Regal, a luxurious haven situated in one of LA's most coveted neighborhoods, seamlessly blending history with modern convenience with this penthouse unit. Offering a tranquil and lavish lifestyle, our elegantly appointed residences align with LA's finest standards while providing the modern conveniences you deserve. As LA's newest and premier luxury building, The Regal stands out with its modern and high-end design, making it the optimal choice for professionals, given its proximity to studios and amenities. With 28 residential units, each exuding class and opulence, our living spaces feature stunning views of green surroundings, Italian kitchens, hidden pantries, high-end fixtures, and spacious terraces. Keyless fob entry doors, high ceilings, waterproof light oak floors, powder bathrooms, Italian kitchens with lifetime warranty hardware, walk-in closets, and more. Impeccable craftsmanship and cutting-edge technology in fittings and fixtures ensure a quality living experience. Indulge in the extensive list of amenities at The Regal, including a lobby, recreation room, fitness center, and office spaces. Our commitment to convenience is evident with keyless smart systems, Amazon lockers, and 21 EV charging parking stations with a bright lit secured garage. The outdoor garden, designed for relaxation, features a Zen wall water feature surrounded by native plants, providing a tranquil atmosphere for meditation. Situated adjacent to Studio City in Los Angeles, The Regal enjoys a serene location in a quiet cul-de-sac surrounded by nature. Easy access to the 101 freeway and proximity to public transportation options, such as metro and bus stops, enhance convenience, where residents can explore nearby hiking trails, including Runyon and Fryman Trails, and enjoy diverse dining options. At The Regal, we prioritize enhancing your living experience. Our state-of-the-art fitness center, equipped with top-of-the-line exercise equipment, caters to fitness enthusiasts and those looking to stay active. We also feature a separate recreation room with pool table. Whether you seek luxury living, convenience, or a tranquil retreat, The Regal invites you to call it home, where modernity meets sophistication. Now accepting Sale Reservations. Contact Listing agent for more information on how to purchase this unit once the final public report is received.

Price History

Date
Event
Price
02/17/17
Sold
$1,041,500
Condition Rating
Excellent

This property was built in 2024, making it brand new. The description explicitly states it's 'LA's newest and premier luxury building' with 'modern and high-end design,' 'Italian kitchens with lifetime warranty hardware,' 'waterproof light oak floors,' and 'cutting-edge technology in fittings and fixtures.' The images confirm a pristine, contemporary aesthetic throughout, featuring new stainless steel appliances in the kitchen, sleek cabinetry, modern floating vanities, backlit mirrors, and glass-enclosed showers in the bathrooms. All components are new, meet current quality standards, and show no signs of wear or deferred maintenance, perfectly aligning with the 'excellent' condition criteria.
Pros & Cons

Pros

Brand New Luxury Construction: Built in 2024, this property represents LA's newest and premier luxury building, boasting modern, high-end design, impeccable craftsmanship, and cutting-edge technology.
Premium Penthouse Unit with High-End Finishes: As a penthouse unit, it features Italian kitchens with lifetime warranty hardware, hidden pantries, high ceilings, waterproof light oak floors, powder bathrooms, walk-in closets, and spacious terraces.
Extensive State-of-the-Art Amenities: The Regal offers a comprehensive suite of amenities including a lobby, recreation room with pool table, state-of-the-art fitness center, office spaces, keyless smart systems, Amazon lockers, 21 EV charging stations in a secured garage, and a tranquil outdoor Zen garden.
Prime Location with Views and Connectivity: Situated in a serene cul-de-sac adjacent to Studio City, the property offers stunning City Lights, Hills, and Valley views, easy access to the 101 freeway, public transportation, and proximity to studios, hiking trails (Runyon, Fryman), and diverse dining options.
Designed for Modern Professional Lifestyle: The property is optimally designed for professionals, offering a lavish, convenient, and tranquil living experience with amenities catering to fitness, work, and relaxation, aligning with LA's finest standards.

Cons

High Monthly Association Fees: The association fee of $834.49 is substantial and adds a significant recurring cost to ownership, which may impact long-term affordability.
Uncertainty of Availability/Complex Purchase Process: The property's status as 'Active Under Contract' combined with 'Now accepting Sale Reservations' and awaiting a 'final public report' suggests the unit is not immediately available for a straightforward purchase, potentially leading to delays or a complex buying process.
Lack of Specific Unit Details: While general luxury features are highlighted, the description lacks specific details about this particular penthouse unit's unique layout, precise views from the unit, or specific smart home integrations, which discerning high-end buyers might expect.

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