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5014 Rosewood Avenue 1/2, Los Angeles, California 90004, Los Angeles, 90004 - 3 bed, 3 bath

5014 Rosewood Avenue 1/2, Los Angeles, California 90004 home-pic-0
ACTIVE$1,495,000
5014 Rosewood Avenue 1/2, Los Angeles, California 90004
3Beds
3Baths
1,895Sqft
1,978Lot

Price Vs. Estimate

The estimated value ($1,431,441.555) is $63,558.445 (4%) lower than the list price ($1,495,000). This property may be overpriced.

Key pros and cons

Top Pros:
Modern Architectural Design & Finishes: The property boasts striking architectural design, soaring 17-foot ceilings, exceptional natural light, and curated high-end finishes throughout, including an imported Leicht kitchen, offering a sophisticated aesthetic.
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 = 1978, living area = 1895.

Compared to the nearby listings

Price:$1.50M vs avg $2.26M ($-768,025)27%
Size:1,895 sqft vs avg 2,367 sqft42%
Price/sqft:$789 vs avg $1.0K31%

More Insights

Built in 2017 (8 years old).
Condition: This property, built in 2017, is only 7 years old and described as 'impeccably maintained' with 'curated high-end finishes throughout.' The images confirm a virtually new condition, featuring a sleek, modern imported Leicht kitchen with stainless steel appliances and white quartz countertops. The bathrooms boast contemporary floating vanities, integrated sinks, and large format tile, aligning with a 'spa-inspired' design. Hardwood floors are consistent throughout, and all fixtures and finishes appear current and in pristine condition, indicating no deferred maintenance or physical depreciation.
Year Built
2017
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$789
HOA
-
Days on market
-
Sold On
-
MLS number
25614585
Home ConditionExcellent
Features
Good View: City Lights, Peek-A-Boo
Deck
ViewCity Lights,Peek-A-Boo

About this home

Nestled just moments from Hancock Park, this striking architectural single-family residence offers the perfect blend of design, comfort, and location. Built in 2018 and impeccably maintained, showcasing soaring 17-foot ceilings, exceptional natural light, and curated high-end finishes throughout. The imported Leicht kitchen anchors the expansive main level, featuring a sleek, modern design with a generous bar area ideal for entertaining. The open-concept floor plan flows effortlessly from the dramatic living room to an upper loft/flex space, creating a dynamic yet functional layout. Enjoy seamless indoor-outdoor living with dual terraces offering both southern and northern exposures, views of the downtown skyline and the Hollywood Hills. Floor-to-ceiling sliders flood the interior with light and provide easy access to private outdoor spaces. The luxurious owner's suite features a spacious walk-in closet and a spa-inspired bath complete with an oversized shower. Additional conveniences include a private two-car garage with direct entry and a dumbwaiter for effortlessly transporting groceries to the kitchen level. Situated within an exclusive, gated enclave of only four homes, this rare offering combines privacy, modern elegance, and an unbeatable location. A true gem in the heart of the city.

Nearby schools

6/10
Van Ness Avenue Elementary School
Public,•K-5•0.1mi
8/10
Third Street Elementary School
Public,•K-5•1.3mi
3/10
Joseph Le Conte Middle School
Public,•6-8•1.1mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•1.4mi
7/10
John Burroughs Middle School
Public,•6-8•1.7mi
4/10
Helen Bernstein High School
Public,•9-12•1.1mi
7/10
Fairfax Senior High School
Public,•9-12•2.7mi

Price History

Date
Event
Price
09/10/24
Sold
$1,340,000
10/16/18
Sold
$1,240,000
Condition Rating
Excellent
This property, built in 2017, is only 7 years old and described as 'impeccably maintained' with 'curated high-end finishes throughout.' The images confirm a virtually new condition, featuring a sleek, modern imported Leicht kitchen with stainless steel appliances and white quartz countertops. The bathrooms boast contemporary floating vanities, integrated sinks, and large format tile, aligning with a 'spa-inspired' design. Hardwood floors are consistent throughout, and all fixtures and finishes appear current and in pristine condition, indicating no deferred maintenance or physical depreciation.
Pros & Cons

Pros

Modern Architectural Design & Finishes: The property boasts striking architectural design, soaring 17-foot ceilings, exceptional natural light, and curated high-end finishes throughout, including an imported Leicht kitchen, offering a sophisticated aesthetic.
Prime Location & Exclusivity: Nestled moments from Hancock Park in an exclusive, gated enclave of only four homes, it offers privacy, security, and an unbeatable location in the heart of the city.
Seamless Indoor-Outdoor Living & Views: Dual terraces with floor-to-ceiling sliders provide excellent indoor-outdoor flow and offer desirable views of the downtown skyline and Hollywood Hills.
Luxurious Owner's Suite & Convenient Amenities: The owner's suite features a spacious walk-in closet and a spa-inspired bath with an oversized shower. Additional conveniences include a private two-car garage with direct entry and a dumbwaiter.
New Construction & Impeccable Maintenance: Built in 2018 and impeccably maintained, the residence offers modern construction standards and a move-in ready condition.

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 = 1978, living area = 1895.
Limited Private Yard Space: While offering dual terraces, the property lacks a traditional private yard, which may not appeal to buyers seeking more extensive outdoor green space or play areas.
Potential for HOA and Shared Elements: Being part of a 'gated enclave of only four homes' and indicated by the '1/2' address, the property likely involves Homeowners Association (HOA) fees and shared common areas, which may not suit buyers desiring a fully detached single-family home without such considerations.
Absence of Explicit Cooling System: The description does not explicitly mention an air conditioning or cooling system, which could be a significant concern for comfort during Los Angeles' warmer months.

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