
Los Angeles, California 90020
This Turnkey Luxury Estate is a Strong Value Opportunity, listed at $11,995,000—positioned well below the $12,634,895 Fair Market Value by 5%. This valuation gap offers $639,895 in Instant Equity for the discerning buyer. Featuring a meticulously reimagined 1927 residence with a 1,800-square-foot guest pavilion, pool, and professional-grade outdoor kitchen, the property maintains an Excellent Condition Rating. This private compound in the Garden District is an ideal acquisition for High-Net-Worth Individuals or Luxury Owner-Occupants seeking a secure, fully realized lifestyle estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 460 S Las Palmas Avenue Subject 6 bd · 10 ba · 9,050 sqft · $1,396 | $11,995,000* List Price | 6 | 10 | 9,050 | $1,396 | - |
A 366 S June Street Active 8 bd · 10 ba · 8,454 sqft · $1,537 · 0.2 mi | $12,995,000 List Price | 8 | 10 | 8,454 | $1,537 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1927, this estate is a 'meticulously reimagined' turnkey property in mint condition. It features a brand-new designer kitchen, ultra-modern luxury bathrooms with high-end finishes, and updated systems including a backup generator and integrated sound. The renovation appears to be within the last 5 years, requiring no maintenance.
The property is offered fully furnished with bespoke designer pieces and high-end finishes, providing a rare, move-in-ready luxury experience in a meticulously reimagined 1927 residence.
Beyond the main house, the 1,800-square-foot guest pavilion—featuring a cinema, gym, and spa-like amenities—complements resort-style grounds that include a mini-golf course and a professional-grade outdoor kitchen.
Located in the prestigious Garden District of Hancock Park, the estate offers exceptional privacy through mature hedging, security gates, and a grand motor court, ensuring a secure and exclusive lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 9050, other record living area = 7215.
The scale of the estate, including ten bathrooms, a large guest pavilion, and extensive resort amenities, implies significant ongoing utility, staffing, and maintenance expenses for the future owner.
As a 1920s estate in a coveted historic area, the property may be subject to strict local preservation guidelines, potentially limiting future architectural modifications or exterior alterations.
Behind gates, mature hedges, and exceptional security, 460 S. Las Palmas Avenue is one of Hancock Park's most complete private resort estates a meticulously reimagined residence offering timeless architectural character, extraordinary entertaining spaces, and an array of modern enhancements rarely assembled in one property. A grand motor court surrounded by mature trees, sculpted landscaping, and tranquil fountains creates an immediate sense of privacy and arrival. Inside, the impressive foyer introduces richly appointed formal rooms, including a mahogany-clad dining room and an elegant living room distinguished by intricate ceiling moldings. Custom de Gournay and Gracie wall coverings, bespoke designer drapery, and carefully considered finishes lend refinement and individuality throughout. At the center of the home, an expansive designer kitchen opens seamlessly to an oversized family room, creating a warm and inviting setting for everyday living as well as large-scale entertaining. A porte-cochre provides convenient direct access to the kitchen, while a private home office offers a sophisticated environment for working from home. The expansive primary suite unfolds across four beautifully conceived rooms, including a luxurious bath and private terrace with sweeping views toward Downtown Los Angeles. Five additional bedroom suites provide generous accommodations, bringing the estate's total to six en-suite bedrooms and ten baths. Beyond the main residence, a remarkable approximately 1,800-square-foot poolside guest pavilion elevates the property into a true private compound. Designed for recreation, wellness, and extended stays, it features a cinema-scale theater, spacious home gym, cabana, and three baths. The resort-caliber grounds have been extensively enhanced with water-conscious sustainable turf, a remodeled pool and spa, a private mini-golf and putting experience, lush gardens, and a beautifully curated fruit and vegetable garden. An outdoor living terrace is anchored by a fireplace and a fully equipped entertaining kitchen with bar, grill station, and commercial wood-fired pizza ovenan exceptional setting for intimate dinners or grand celebrations. Further amenities include an integrated sound system throughout, enhanced interior and exterior security, a backup generator, two-car garage and parking for 8, and abundant gated driveway parking. Offered with its designer furnishings included in the sale price, 460 S. Las Palmas Avenue represents a rare turnkey opportunity: a private, secure, and fully realized luxury estate in the heart of Hancock Park's coveted Garden District.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 10.0 | 2.0 |
| Square foot | 9,050 | 1,670.836 |
| Lot Size | 20,867 | 6,152.156 |
| Price | $11.99M | $1.34M |
| Price per sq ft | $1.3K | $807 |
| Built year | 1927 | 1941 |
| HOA | $0 | $238 |
| Days on market | 53 | 56 |
Sep 17, 2026
$11,995,000
Initial Listing
Dec 26, 2019
$7,550,000
Public Record
Apr 15, 2016
$3,100,000
Public Record