502 N Crescent Heights Boulevard, Los Angeles, California 90048, Los Angeles, 90048 - 3 bed, 2 bath

502 N Crescent Heights Boulevard, Los Angeles, California 90048 home-pic-0
ACTIVE$1,598,000
502 N Crescent Heights Boulevard, Los Angeles, California 90048
3Beds
2Baths
1,754Sqft
5,269Lot

Price Vs. Estimate

The estimated value ($1,598,000) is $0 (0%) lower than the list price ($1,598,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Top Cons:
Age of Property: Built in 1925, while remodeled, the property's age may imply potential for older underlying infrastructure (e.g., plumbing, electrical, foundation) that could require future maintenance or upgrades not explicitly detailed.

Compared to the nearby listings

Price:$1.60M vs avg $2.52M ($-924,500)8%
Size:1,754 sqft vs avg 2,276 sqft25%
Price/sqft:$911 vs avg $1.0K38%

More Insights

Built in 1925 (100 years old).
Condition: Despite being built in 1925, this property has undergone a stylish and extensive renovation, bringing its key features to an excellent, virtually new condition. The kitchen boasts modern dark shaker-style cabinetry, white quartz countertops, a designer subway tile backsplash, and stainless steel appliances, all meeting current quality standards. The bathrooms are equally impressive with contemporary dark vanities, updated fixtures, and a sleek glass-enclosed shower with modern tiling. Throughout the home, dark hardwood flooring, fresh paint, modern light fixtures (recessed lighting and updated decorative fixtures), and central AC contribute to a move-in ready, high-quality living space. While the laundry appliances appear older, the overall aesthetic and condition of the main living areas, kitchen, and bathrooms reflect a recent, comprehensive renovation within the last 5 years, aligning with the 'excellent' criteria for extensively renovated properties.
Year Built
1925
Close
-
List price
$1.6M
Original List price
$1.7M
Price/Sqft
$911
HOA
-
Days on market
-
Sold On
-
MLS number
25580717
Home ConditionExcellent
Features
Deck
View-

About this home

STYLISH REMODELED SPANISH IN BEVERLY GROVE. Enter this fully hedged and gated ultra-private home though a front Spanish tile patio, into an expansive living room with high coved ceiling and picture window. A formal dining room adjoins a redone kitchen with stainless steel appliances, designer backsplash, tons of cabinetry and separate laundry room. A bonus office opens to the rear entertaining and dining deck and spacious yard. At the rear of the home sits the luxurious primary suite with ensuite bath, walk-in closet and sliding glass doors leading to the backyard. Additional features include central AC, a detached two car automatic garage and side driveway for ample parking, and an excellent Beverly Grove location in close proximity to Third Street, The Grove, the Beverly Center and Melrose.

Nearby schools

4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,K-60.5mi
7/10
Hancock Park Elementary School
Public,K-50.8mi
9/10
West Hollywood Elementary School
Public,K-51.4mi
5/10
Carthay Center Elementary
Public,K-51.5mi
3/10
Laurel Elementary School
Public,K-80.6mi
8/10
Horace Mann Elementary School
Public,K-81.4mi
3/10
Hubert Howe Bancroft Middle School
Public,6-81.8mi
8/10
Beverly Vista Elementary School
Public,K-82.0mi
7/10
John Burroughs Middle School
Public,6-82.0mi
7/10
Fairfax Senior High School
Public,9-120.4mi
9/10
Beverly Hills High School
Public,9-122.9mi

Price History

Date
Event
Price
08/22/13
Sold
$1,050,000
11/26/12
Sold
$632,000
Condition Rating
Excellent

Despite being built in 1925, this property has undergone a stylish and extensive renovation, bringing its key features to an excellent, virtually new condition. The kitchen boasts modern dark shaker-style cabinetry, white quartz countertops, a designer subway tile backsplash, and stainless steel appliances, all meeting current quality standards. The bathrooms are equally impressive with contemporary dark vanities, updated fixtures, and a sleek glass-enclosed shower with modern tiling. Throughout the home, dark hardwood flooring, fresh paint, modern light fixtures (recessed lighting and updated decorative fixtures), and central AC contribute to a move-in ready, high-quality living space. While the laundry appliances appear older, the overall aesthetic and condition of the main living areas, kitchen, and bathrooms reflect a recent, comprehensive renovation within the last 5 years, aligning with the 'excellent' criteria for extensively renovated properties.
Pros & Cons

Pros

Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Location: Situated in the highly desirable Beverly Grove area, offering excellent proximity to popular destinations like Third Street, The Grove, the Beverly Center, and Melrose Avenue.
Stylish Remodel & Modern Amenities: The home boasts a stylish remodeled Spanish aesthetic, featuring a redone kitchen with stainless steel appliances, designer backsplash, and a luxurious primary suite with an ensuite bath and walk-in closet.
Privacy and Security: The property is fully hedged and gated, providing an ultra-private and secure living environment.
Ample Parking: Includes a detached two-car automatic garage and a side driveway, offering significant and convenient parking options, which is a premium in Los Angeles.
Outdoor Living & Entertainment: Features a charming front Spanish tile patio, a rear entertaining and dining deck, and a spacious yard, ideal for outdoor relaxation and hosting.

Cons

Age of Property: Built in 1925, while remodeled, the property's age may imply potential for older underlying infrastructure (e.g., plumbing, electrical, foundation) that could require future maintenance or upgrades not explicitly detailed.
Price Adjustments: Multiple price reductions from the original list price suggest the property may have been initially overpriced or is experiencing slower market absorption, potentially indicating buyer hesitation.
Modest Lot Size: At 5,269 sqft, while offering a 'spacious yard,' the lot size might be considered modest for the Beverly Grove area, potentially limiting significant future expansion or development opportunities compared to larger parcels.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state