507 N Lucerne Boulevard, Los Angeles, California 90004, Los Angeles, 90004 - 4 bed, 3 bath
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Los Angeles, California 90004
This Turnkey Mid-Century Residence is a Strong Value Opportunity, listed at $3,295,000—positioned well below the $3,487,597 Fair Market Value by 5%. This valuation gap offers $192,597 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a private cocktail pool, theatre, and expansive primary suite. Located near Third Street Elementary, this property offers a sophisticated lifestyle for discerning homeowners or long-term investors seeking a high-end, move-in ready asset in Hancock Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 507 N Lucerne Boulevard Subject | $3,295,000* List Price | 4 | 3 | 2,881 | $1,195 | - |
A 580 N Beachwood Drive Sold | $2,900,000 | 4 | 4 | 2,362 | $1,228 | 0.3 mi |
B 101 N Arden Boulevard Sold | $3,250,000 | 4 | 5 | 2,647 | $1,228 | 0.4 mi |
C 445 N Lucerne Boulevard Sold | $2,940,000 | 4 | 4 | 2,303 | $1,277 | 0.0 mi |
D 607 Lillian Way Sold | $2,600,000 | 3 | 3 | 2,208 | $1,178 | 0.3 mi |
E 238 N Gower Street Sold | $2,800,000 | 4 | 4 | 1,979 | $1,415 | 0.3 mi |
F 543 N June Street Sold | $3,872,051 | 4 | 4 | 3,845 | $1,007 | 0.6 mi |
G 163 S Larchmont Boulevard Sold | $3,915,000 | 5 | 4 | 3,921 | $998 | 0.6 mi |
H 588 N Gower Street Sold | $2,650,000 | 5 | 4 | 3,136 | $845 | 0.2 mi |
I 5651 Clinton Street Active | $3,600,000 List Price | 4 | 5 | 3,205 | $1,123 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This mid-century home has been completely reimagined with a high-end modern renovation likely completed within the last 5 years. It features a new roof, updated HVAC systems (visible mini-split), and designer-grade finishes in the bathrooms and open-concept living areas, meeting the criteria for mint condition with no maintenance required.
Situated on a quiet, tree-lined street within walking distance to Larchmont Village, offering elite access to boutique shopping, dining, and a highly desirable neighborhood atmosphere.
This 1964 home has been expertly reimagined with modern elegance, featuring high-end upgrades like a private home theatre, a new roof, and a seamless open-concept layout.
The property features a private backyard oasis with a cocktail pool and al fresco dining deck, perfectly integrated with the primary suite and living areas for a quintessential California lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2881, other record living area = 2101.
While the local elementary school is highly rated, the assigned middle school options carry significantly lower ratings, which may be a concern for education-focused families.
The 7,006 sqft lot is relatively modest for the $3.295M price point, and the 'cocktail pool' designation suggests a smaller footprint that may not satisfy buyers seeking a full-sized swimming facility.
Step into this beautifully reimagined mid century marvel with modern elegance and sleek design in the heart of Hancock Park. Featuring 4 bedrooms, 3 bathrooms, a new roof and theatre, this private light filled home has been tastefully updated to offer the perfect blend of original character and contemporary luxury. The open-concept living, dining & kitchen areas provide the perfect space for entertaining and is seamlessly connected to the private backyard oasis with lush landscaping, ample lounging spaces and cocktail pool for relaxation along w/ a spacious deck area for al fresco dining. The expansive primary suite can be accessed directly from the backyard providing the perfect indoor/outdoor flow and natural light. The gorgeous en suite bathroom and vast closet are wonderful counterparts. Perfectly situated on a quiet, tree lined street so close to Larchmont Village and all that it has to offer with shops, dining and more plus proximity to the studios and schools. This Hancock Park treasure is truly a gem and one you won't want to miss!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,881 | 1,672 |
| Lot Size | 7,006 | 6,067 |
| Price | $3.29M | $1.37M |
| Price per sq ft | $1.1K | $801 |
| Built year | 1964 | 1939 |
| HOA | $0 | $348 |
| Days on market | 41 | 56 |
Jun 11, 2026
$3,295,000
Initial Listing
Feb 27, 2017
$2,092,500
Public Record
Apr 29, 2009
$1,330,000
Public Record
Apr 24, 1997
$345,000
Public Record