
Los Angeles, California 90027
This Extensively Remodeled Single Family Residence is a High-Potential Investment Opportunity, listed at $4,995,000—positioned slightly above the $4,901,226 Fair Market Value. Featuring an Excellent Condition Rating, this home offers a turnkey lifestyle with a resort-style pool, 12-person spa, and advanced smart-home infrastructure. Located in the prestigious Los Feliz area near Top-Rated Schools like Ivanhoe Elementary, the property provides a versatile layout for multi-generational living. This is an ideal acquisition for Luxury Homeowners or Sophisticated Investors seeking a premium, high-utility asset in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4432 Melbourne Avenue Subject | $4,775,000* List Price | 6 | 8 | 4,423 | $1,089 | - |
A 4426 Cromwell Avenue Sold | $4,495,000 | 4 | 5 | 4,099 | $1,097 | 0.7 mi |
B 1982 N Normandie Avenue Pending | $3,749,000 List Price | 5 | 4 | 3,487 | $1,075 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Extensively reimagined and remodeled with all-new plumbing, 400-amp electrical service, and dual 5-ton HVAC systems. The interior features a modern open-concept kitchen, spa-inspired bathrooms with a sauna, and high-end contemporary finishes throughout, qualifying as a mint-condition renovation completed within the last 5 years.
Elementary School: Ivanhoe Elementary School (9/10).
The property features a resort-style backyard with an expansive covered pavilion, outdoor kitchen, and a 12-person therapeutic spa, offering an unparalleled space for high-end hosting and relaxation.
Extensively remodeled with a 400-amp electrical service, dual 5-ton HVAC systems, and owned solar for both the pool and residence, ensuring modern efficiency and long-term utility savings.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4423, other record living area = 3250. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The substantial 4,423 square foot residence and extensive outdoor structures occupy the majority of the 6,736 square foot lot, leaving limited traditional green space or open yard.
The listing notes that the buyer must verify permits and square footage for the bonus recreation area, which could indicate potential discrepancies in official records or unpermitted improvements.
Some homes are built to impress. This one was built to bring people together. Hidden behind private gates in the heart of Los Feliz, this extensively reimagined residence was designed around bringing people together. Whether it's a quiet evening with family or a backyard filled with friends, every space was thoughtfully created for effortless entertaining and comfortable everyday living. The backyard is the centerpiece. An expansive covered outdoor pavilion with soaring ceilings, built-in entertainment, an outdoor kitchen, multiple lounge areas, and a resort-style pool create the ultimate outdoor living experience. Completing the retreat is an impressive 12-person spa featuring captain's chairs and 12 therapeutic jets, creating a private setting equally suited for relaxing evenings or large-scale gatherings. Inside, approximately 4,423 square feet of living space offers six bedrooms, eight bathrooms, expansive gathering areas, and a thoughtfully designed two-level floor plan that provides exceptional flexibility for large families, multi-generational living, or hosting long-term guests. The primary suite is its own private escape, featuring a private balcony, spa-inspired bathroom with sauna, and a generous walk-in closet. Extensively remodeled with quality craftsmanship throughout, the home features all-new plumbing and electrical systems, a brand-new 400-amp electrical service, two new 5-ton HVAC systems with independent climate control for each floor, an integrated Bose surround sound system with three subwoofers, a Level 2 EV charging station, and dedicated low-voltage wiring with a centralized equipment rack for security cameras, networking, and future smart home technology. Adding to the property's versatility is an expansive covered bonus recreation area currently configured as a private fitness center, offering endless possibilities for a gym, studio, sports court, workshop, or additional entertainment space (buyer to verify permits, square footage, and intended use). A detached one-car structure, currently utilized as a dedicated pet retreat, provides additional flexibility to suit a variety of lifestyles. Additional highlights include owned solar for the pool, a separate solar system servicing the residence, gated privacy, and an exceptional Los Feliz location just minutes from Griffith Park, Los Feliz Village, Franklin Village, and some of Los Angeles' most celebrated restaurants, cafés, and cultural destinations.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.4 mi
Grades K-2 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 8.0 | 2.0 |
| Square foot | 4,423 | 1,664.159 |
| Lot Size | 6,736 | 6,066.556 |
| Price | $4.78M | $1.35M |
| Price per sq ft | $1.1K | $806 |
| Built year | 1914 | 1939 |
| HOA | $0 | $278 |
| Days on market | 44 | 55 |
Aug 12, 2026
$4,775,000
$4,995,000
-4% Price Drop
Initial Listing
Jul 27, 2026
$4,995,000
Initial Listing