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3860 N Riley Lane, Los Angeles, California 90065, Los Angeles, 90065 - 3 bed, 3 bath

3860 N Riley Lane, Los Angeles, California 90065 home-pic-0
ACTIVE$1,266,285
3860 N Riley Lane, Los Angeles, California 90065
3Beds
3Baths
1,680Sqft
2,139Lot

Price Vs. Estimate

The estimated value ($1,286,394.22) is $20,109.22 (1%) lower than the list price ($1,266,285). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Design: Built in 2025, this property is part of a brand-new community featuring designer fit and finish, offering a contemporary and 'boho-luxe' living experience.
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 = 2139, living area = 1680.

Compared to the nearby listings

Price:$1.27M vs avg $1.24M (+$21,525)53%
Size:1,680 sqft vs avg 1,545.5 sqft58%
Price/sqft:$754 vs avg $81138%

More Insights

Built in 2025 (0 years old).
Condition: This property is a brand-new construction, built in 2025, and features designer fit and finish throughout. The kitchen boasts high-end Bertazzoni appliances, durable quartz countertops, custom flat-panel frameless cabinets, and modern champagne bronze finishes. LVP flooring is present in main living areas, and the property includes energy-efficient systems like solar panels, LED lighting, WaterSense plumbing fixtures, and a heat-pump water heater. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Year Built
2025
Close
-
List price
$1.27M
Original List price
$1.27M
Price/Sqft
$754
HOA
$141.25
Days on market
-
Sold On
-
MLS number
25621633
Home ConditionExcellent
Features
Excellent View: City Lights, Hills
Deck
ViewCity Lights,Hills

About this home

Additional $10K in builder credit available for all contracts signed by 12/31! That's $35K in credit to be used towards closing costs, rate buy-down, remaining upgrades or solar! 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! For this home, the builder is offering $35,000 toward buyer's upgrades, solar purchase, closing costs or 2/1 rate buy-down on all contracts signed by 12/31. 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 features designer fit and finish throughout. The kitchen boasts high-end Bertazzoni appliances, durable quartz countertops, custom flat-panel frameless cabinets, and modern champagne bronze finishes. LVP flooring is present in main living areas, and the property includes energy-efficient systems like solar panels, LED lighting, WaterSense plumbing fixtures, and a heat-pump water heater. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2025, this property is part of a brand-new community featuring designer fit and finish, offering a contemporary and 'boho-luxe' living experience.
Significant Buyer Incentives: The builder offers a substantial $35,000 credit for contracts signed by 12/31, applicable towards closing costs, rate buy-down, upgrades, or solar, providing considerable financial flexibility.
Eco-Friendly & Energy Efficient: The home is all-electric and eco-friendly, equipped with solar panels, energy-efficient LED lighting, WaterSense plumbing fixtures, and a heat-pump water heater, promoting sustainable living and lower utility costs.
High-End Finishes & Appliances: Interiors boast premium features including Bertazzoni ranges, quartz countertops, LVP flooring, custom flat panel cabinets, and champagne bronze finishes, ensuring a luxurious feel.
Desirable Views & Community Amenities: Residents can enjoy sweeping views of San Rafael Hills and city lights from roof decks, complemented by community amenities such as 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 = 2139, living area = 1680.
Small Lot Size: With a lot size of 2139 sqft, the property offers limited outdoor space, which may not appeal to buyers seeking a larger yard or extensive private outdoor living.
Ongoing HOA Fees: The property is subject to a monthly association fee of $141.25, adding to the overall cost of homeownership.
Potential for Finish Discrepancy: Marketing photos are of a model home, and actual finishes may vary, which could lead to different expectations for buyers regarding the final appearance of their specific unit.

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