515 N Crescent Heights, Los Angeles, California 90048, Los Angeles, 90048 - 5 bed, 5 bath
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515 N Crescent Heights
Los Angeles, California 90048
ACTIVE
CONDITION: EXCELLENT
5Beds
5Baths
3,020Sq Ft
5,937Lot Size
Property Price
LIST PRICE$2,549,000
EST. MARKET VALUE
$2,666,705
4% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $2,549,000—positioned well below the $2,666,705 Fair Market Value by 4%. This valuation gap offers $117,705 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the residence includes a refreshed kitchen with Viking appliances, a private pool and spa, and a downstairs primary suite. Located in a top-tier district with access to 9/10 rated schools, this property is an ideal acquisition for discerning homeowners or luxury-focused families.
Estimated Market Value
$2,666,705+$117,705 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 515 N Crescent Heights Subject 5 bd · 5 ba · 3,020 sqft · $883 | $2,549,000* List Price | 5 | 5 | 3,020 | $883 | - |
A 357 N Harper Avenue Sold 3 bd · 4 ba · 2,807 sqft · $960 · 0.3 mi | $2,695,000 | 3 | 4 | 2,807 | $960 | 0.3 mi |
B 133 N La Jolla Avenue Sold 4 bd · 6 ba · 3,060 sqft · $1,003 · 0.4 mi | $3,070,000 | 4 | 6 | 3,060 | $1,003 | 0.4 mi |
C 637 N Crescent Heights Boulevard Sold 5 bd · 6 ba · 4,017 sqft · $778 · 0.1 mi | $3,127,000 | 5 | 6 | 4,017 | $778 | 0.1 mi |
D 6356 Drexel Avenue Sold 3 bd · 3 ba · 2,702 sqft · $938 · 0.8 mi | $2,535,000 | 3 | 3 | 2,702 | $938 | 0.8 mi |
E 6216 W 5th Sold 4 bd · 3 ba · 2,518 sqft · $763 · 0.9 mi | $1,920,000 | 4 | 3 | 2,518 | $763 | 0.9 mi |
F 101 N Laurel Avenue Sold 3 bd · 3 ba · 2,045 sqft · $958 · 0.4 mi | $1,959,000 | 3 | 3 | 2,045 | $958 | 0.4 mi |
G 6427 Lindenhurst Avenue Sold 3 bd · 2 ba · 2,045 sqft · $1,027 · 1.0 mi | $2,100,000 | 3 | 2 | 2,045 | $1,027 | 1.0 mi |
H 445 N Sweetzer Avenue Active Under Contract 4 bd · 3 ba · 2,130 sqft · $1,077 · 0.3 mi | $2,295,000 List Price | 4 | 3 | 2,130 | $1,077 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1925, the property has undergone a high-end renovation within the last 5 years. The kitchen features premium Viking appliances and Taj Mahal quartzite, and the bathrooms are fully modernized with contemporary fixtures and finishes. The home is in mint, move-in-ready condition with well-maintained systems.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Prime Beverly Grove Location
Situated in one of Los Angeles' most walkable and sought-after neighborhoods, this property offers immediate proximity to world-class dining and shopping at Melrose Avenue, The Grove, and West Hollywood.
- Architectural Character with Modern Updates
This 1925 character home features stunning vaulted wood-beam ceilings and architectural arches, seamlessly integrated with a high-end refreshed kitchen boasting Taj Mahal quartzite countertops and Viking appliances.
CONSRISKS & DEFICIENCIES
- Limited Yard Space
With a 3,020 sq. ft. residence and a pool occupying much of the 5,937 sq. ft. lot, there is minimal traditional green space or lawn area for pets and children.
- Vintage Infrastructure Considerations
As a century-old property built in 1925, buyers should anticipate potential ongoing maintenance or the need for further system upgrades common in older character homes despite recent aesthetic renovations.
About 515 N Crescent Heights
NEW PRICE | REINTRODUCED TO MARKET. Discover an exceptional opportunity to own a 5-bedroom, 4.5-bath character residence with a private pool and spa in the heart of Beverly Grove. Offering approximately 3,020 sq. ft., this thoughtfully updated home combines timeless architectural charm with the space, versatility and indoor-outdoor lifestyle today's buyers seek.The desirable floor plan features three bedrooms on the main level, including a spacious primary suite with vaulted wood-beam ceilings, decorative fireplace, sitting area and French doors opening directly to the pool and spa. Upstairs, two additional en-suite bedrooms offer ideal flexibility for family, guests, a home office or creative space. Inviting living and dining areas showcase vaulted ceilings, exposed beams, architectural arches and a fireplace, creating warmth and character throughout. The refreshed kitchen features Taj Mahal quartzite countertops, updated cabinetry and Viking appliances. Outside, enjoy a private, gated retreat complete with pool, spa, waterfall feature and generous entertaining areas. A garage and ample off-street parking add everyday convenience to this centrally located property. Just moments from Melrose Shopping, Beverly Center, The Grove, Original Farmers Market and West Hollywood's celebrated dining and shopping, this home offers an exceptional combination of location, character, flexibility and California indoor-outdoor living. Five bedrooms. Downstairs primary suite. Private pool and spa. Gated setting. Prime Beverly Grove location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 5,937 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Rosewood Avenue Elementary School, School for Advanced Studies
Grades K-6 • 0.5 mi
4/10
Hancock Park Elementary School
Grades K-5 • 0.8 mi
7/10
West Hollywood Elementary School
Grades K-5 • 1.4 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,020 | 1,670.836 |
| Lot Size | 5,937 | 6,152.156 |
| Price | $2.55M | $1.34M |
| Price per sq ft | $844 | $807 |
| Built year | 1925 | 1941 |
| HOA | $0 | $238 |
| Days on market | 19 | 56 |
Pricing History
Listed for Sale
Oct 21, 2026
$2,549,000
Initial Listing
Sold
Jun 21, 2024
$2,011,000
Public Record
Sold
Apr 25, 2013
$1,380,013
Public Record