RealKey
‪(213) 433-7766‬

3851 N Riley Lane, Los Angeles, California 90065, Los Angeles, 90065 - 2 bed, 3 bath

3851 N Riley Lane, Los Angeles, California 90065 home-pic-0
ACTIVE$1,243,850
3851 N Riley Lane, Los Angeles, California 90065
2Beds
3Baths
1,642Sqft
1,426Lot

Price Vs. Estimate

The estimated value ($1,218,633.06) is $25,216.94 (2%) lower than the list price ($1,243,850). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Design: Built in 2025, this move-in ready home offers a brand-new living experience with designer finishes and a modern 'boho-luxe' aesthetic, ensuring contemporary style and functionality.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1426, living area = 1642.

Compared to the nearby listings

Price:$1.24M vs avg $1.24M (+$20)50%
Size:1,642 sqft vs avg 1,545.5 sqft53%
Price/sqft:$758 vs avg $81139%

More Insights

Built in 2025 (0 years old).
Condition: This property is a brand new construction, built in 2025, and is described as 'move-in ready' with 'designer fit and finish.' The kitchen features high-end Bertazzoni appliances, durable quartz countertops, and custom flat-panel frameless cabinets with champagne bronze finishes. Bathrooms boast modern tiling, new vanities, and matching champagne bronze fixtures. The entire home benefits from new LVP flooring, energy-efficient LED lighting, solar panels, and a heat-pump water heater, indicating all components are new and meet current quality standards with no deferred maintenance.
Year Built
2025
Close
-
List price
$1.24M
Original List price
$1.24M
Price/Sqft
$758
HOA
$169.25
Days on market
-
Sold On
-
MLS number
25591255
Home ConditionExcellent
Features
Good View: City Lights, Hills
Deck
ViewCity Lights,Hills

About this home

ADDITIONAL $10K IN BUILDER CREDIT OFFERED FOR ALL CONTRACTS SIGNED BY 12/31! MOVE-IN READY! $75K BUILDER CREDIT ON THIS HOME ONLY (+$10K IF YOU SIGN BY 12/31!) Nelavida is Glassell Park's hottest new single family small lot address, the perfect marriage of SoCal sensibility and boho-luxe living! Nelavida offers 2BR and 3BR homes, each featuring designer fit and finish, roof decks with sweeping views of San Rafael Hills, bonus rooms and energy efficient living for the discerning, design-minded NELA buyer. Nelavida's residents will enjoy high-end appliances including Bertazzoni ranges, durable and sophisticated quartz countertops, LVP flooring, custom flat panel frameless cabinets, champagne bronze finishes and more! This all-electric, eco-friendly community includes solar panels, energy efficient LED recessed lighting, WaterSense labeled plumbing fixtures, and energy efficient heat-pump water heater. Community spaces include a dog park and outdoor entertaining area between palm and pine trees. Only $5,000 deposit to secure your home! Builder is offering $75,000 credit (+$10K if you sign by 12/31!) on this home only, toward buyer's closing costs, 2/1 rate buy-down, or solar purchase. Inquire for more details! Buyer's agents MUST accompany client on first tour/showing to register. Welcome home! *Marketing photos are of model home. Actual finishes may vary.*

Condition Rating
Excellent
This property is a brand new construction, built in 2025, and is described as 'move-in ready' with 'designer fit and finish.' The kitchen features high-end Bertazzoni appliances, durable quartz countertops, and custom flat-panel frameless cabinets with champagne bronze finishes. Bathrooms boast modern tiling, new vanities, and matching champagne bronze fixtures. The entire home benefits from new LVP flooring, energy-efficient LED lighting, solar panels, and a heat-pump water heater, indicating all components are new and meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2025, this move-in ready home offers a brand-new living experience with designer finishes and a modern 'boho-luxe' aesthetic, ensuring contemporary style and functionality.
Significant Builder Incentives: Buyers can benefit from up to $85,000 in builder credit (if signed by 12/31) applicable towards closing costs, a 2/1 rate buy-down, or solar purchase, significantly reducing upfront costs or monthly payments. A low $5,000 deposit further eases the entry.
Exceptional Energy Efficiency: The property is part of an all-electric, eco-friendly community featuring solar panels, energy-efficient LED lighting, WaterSense plumbing fixtures, and a heat-pump water heater, promising lower utility bills and a reduced environmental footprint.
High-End Interior Finishes: The home boasts premium interior appointments including Bertazzoni ranges, durable quartz countertops, LVP flooring, custom flat panel frameless cabinets, and champagne bronze finishes, providing a luxurious feel.
Desirable Features & Community Amenities: Includes private roof decks with sweeping views of San Rafael Hills and city lights, versatile bonus rooms, and access to community spaces like a dog park and outdoor entertaining area.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1426, living area = 1642.
Small Lot Size: The property features a compact 1,426 sqft lot, which offers limited private outdoor space and may not appeal to buyers desiring a traditional yard or more expansive exterior living areas.
Ongoing Association Fees: A monthly association fee of $169.25 adds to the recurring cost of homeownership, which some buyers might prefer to avoid or find restrictive.
Limited Bedroom Count for Price Point: With only 2 bedrooms for a property listed at over $1.2 million, this home may not meet the needs of larger families or buyers seeking more bedrooms for guests or home offices, potentially impacting its market appeal.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state