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3855 N Riley Lane, Los Angeles, California 90065, Los Angeles, 90065 - 2 bed, 3 bath

3855 N Riley Lane, Los Angeles, California 90065 home-pic-0
ACTIVE$1,233,440
3855 N Riley Lane, Los Angeles, California 90065
2Beds
3Baths
1,642Sqft
1,426Lot
Year Built
2025
Close
-
List price
$1.23M
Original List price
$1.23M
Price/Sqft
$751
HOA
$169.25
Days on market
-
Sold On
-
MLS number
25552387
Home ConditionExcellent
Features
Excellent View: City Lights, Hills
Deck
ViewCity Lights,Hills

About this home

We found 3 Cons,5 Pros. Rank: price - $1.23M(49th), sqft - 1642(53th), beds - 2(35th), baths - 3(58th).

$50,000 BUILDER CREDIT On Final Close Out Phase 2 Homes! Move in June 2025! Builder is offering 30-year fixed rate mortgage with 5.25% interest rate* subject to lender approval! An unbeatable deal for the rate conscious buyer! Tour the Model Home this weekend! 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 credit can also be used towards solar purchase or closing costs. 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.*

Price History

Date
Event
Price
06/13/25
Listing
$1,233,440
Condition Rating
Excellent
This property is a brand new construction, built in 2025, and is described as having 'designer fit and finish' with high-end features. The kitchen boasts Bertazzoni ranges, quartz countertops, custom flat panel frameless cabinets, and champagne bronze finishes, all appearing new and modern in the images. The LVP flooring, LED recessed lighting, and energy-efficient systems (solar panels, heat-pump water heater) further confirm its top-tier condition. All components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Finishes: As a brand new home (built 2025), it features designer fit and finish, high-end Bertazzoni appliances, quartz countertops, LVP flooring, and custom cabinetry, offering a contemporary and luxurious living experience.
Attractive Financial Incentives: The property comes with a significant $50,000 builder credit and an appealing 30-year fixed-rate mortgage at 5.25% (subject to approval), making it financially attractive for buyers.
Energy Efficiency & Sustainability: This all-electric, eco-friendly community includes solar panels, LED recessed lighting, WaterSense plumbing fixtures, and an energy-efficient heat-pump water heater, leading to lower utility costs and a reduced environmental footprint.
Desirable Views & Rooftop Decks: Homes offer roof decks with sweeping views of the San Rafael Hills and city lights, providing valuable private outdoor space and enhancing the property's appeal.
Community Amenities: The community provides shared amenities such as a dog park and an outdoor entertaining area, fostering a sense of community and offering additional recreational options.

Cons

Small Lot Size: The lot size of 1,426 sqft is considerably small for a single-family residence, which may limit private outdoor living space and appeal to buyers seeking larger yards.
Ongoing Association Fees: A monthly association fee of $169.25 adds to the recurring costs of homeownership, which some buyers might prefer to avoid for a single-family home.
Future Delivery & Potential Finish Variations: The home is not move-in ready until June 2025, requiring buyers to wait, and actual finishes may vary from the model home photos, potentially leading to discrepancies from initial expectations.

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