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517 N Laurel Avenue, Los Angeles, California 90048, Los Angeles, 90048 - 5 bed, 4 bath

517 N Laurel Avenue, Los Angeles, California 90048 home-pic-0
ACTIVE$3,695,000
517 N Laurel Avenue, Los Angeles, California 90048
5Beds
4Baths
3,486Sqft
6,555Lot

Price Vs. Estimate

The estimated value ($3,537,765.85) is $157,234.15 (4%) lower than the list price ($3,695,000). This property may be overpriced.

Key pros and cons

Top Pros:
Detached ADU with Versatile Use: The property includes a beautifully finished detached ADU with its own bed and bath, offering significant flexibility for guests, a dedicated workspace, rental income potential, or even a specialized recording studio.
Top Cons:
Age of Original Construction: While extensively reimagined, the original structure dates back to 1926, which may lead to questions about the condition of underlying systems or potential for unforeseen maintenance issues not covered by the renovation.

Compared to the nearby listings

Price:$3.69M vs avg $2.60M (+$1,098,375)73%
Size:3,486 sqft vs avg 2,346.5 sqft77%
Price/sqft:$1.1K vs avg $1.0K60%

More Insights

Built in 1926 (99 years old).
Condition: Despite being built in 1926, this property has undergone an extensive, high-quality, and recent renovation, transforming it into a 'reimagined contemporary retreat.' The description highlights a 'custom chef's kitchen featuring marble countertops and top-of-the-line Miele appliances' and a 'spa bath,' which are indicative of modern, luxurious updates. The images confirm this with pristine hardwood flooring, contemporary light fixtures, sleek kitchen design, and a well-maintained, modern outdoor pool area. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1926
Close
-
List price
$3.69M
Original List price
$3.69M
Price/Sqft
$1,060
HOA
-
Days on market
-
Sold On
-
MLS number
25590997
Home ConditionExcellent
Features
Deck
Pool
Spa
Patio
ViewCourtyard, Hills, Pool

About this home

Enter beyond the private gates into a reimagined contemporary retreat where refined design meets everyday functionality. Set on an ultra private, hedged and gated, light and bright five bedroom, four bath residence offers seamless indoor-outdoor living with expansive glass sliders opening to a lush entertainer's backyard, complete with a sparkling pool, spa, and multiple lounge areas including wide open grassy yard in front of the home. Inside, light-filled interiors showcase a spacious open layout, anchored by a formal dining area and a custom chef's kitchen featuring marble countertops and top-of-the-line Miele appliances. Two bedrooms and a full bath on the main floor provide flexibility for guests or office space. The upper level hosts a vaulted-ceiling primary suite with spa bath and walk-in closet, plus a second en-suite bedroom. A beautifully finished detached ADU with its own bed and bath offers the perfect solution for guests, workspace, or rental potential. It currently contains a recording studio, perfect for musician or podcaster. Covered off-street parking and curated landscaping round out this thoughtfully updated home in one of LA's most desirable walking neighborhoods. Luxury, comfort, and architectural charm, 517 N Laurel is a standout offering in the heart of Beverly Grove.

Nearby schools

4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,•K-6•0.5mi
7/10
Hancock Park Elementary School
Public,•K-5•0.8mi
9/10
West Hollywood Elementary School
Public,•K-5•1.4mi
5/10
Carthay Center Elementary
Public,•K-5•1.5mi
3/10
Laurel Elementary School
Public,•K-8•0.6mi
8/10
Horace Mann Elementary School
Public,•K-8•1.4mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•1.7mi
7/10
John Burroughs Middle School
Public,•6-8•2.0mi
8/10
Beverly Vista Elementary School
Public,•K-8•2.0mi
7/10
Fairfax Senior High School
Public,•9-12•0.3mi
9/10
Beverly Hills High School
Public,•9-12•2.9mi

Price History

Date
Event
Price
03/31/08
Sold
$900,000
Condition Rating
Excellent
Despite being built in 1926, this property has undergone an extensive, high-quality, and recent renovation, transforming it into a 'reimagined contemporary retreat.' The description highlights a 'custom chef's kitchen featuring marble countertops and top-of-the-line Miele appliances' and a 'spa bath,' which are indicative of modern, luxurious updates. The images confirm this with pristine hardwood flooring, contemporary light fixtures, sleek kitchen design, and a well-maintained, modern outdoor pool area. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Detached ADU with Versatile Use: The property includes a beautifully finished detached ADU with its own bed and bath, offering significant flexibility for guests, a dedicated workspace, rental income potential, or even a specialized recording studio.
Seamless Indoor-Outdoor Living: Designed for the quintessential LA lifestyle, the residence features expansive glass sliders that open to a lush entertainer's backyard, complete with a sparkling pool, spa, and multiple lounge areas.
High-End Contemporary Renovation: Recently 'reimagined' with refined design, the interiors boast a spacious open layout, a custom chef's kitchen with marble countertops, and top-of-the-line Miele appliances, ensuring modern luxury and functionality.
Ultra-Private & Gated Setting: The property is set beyond private, hedged, and gated entrances, providing an exceptional level of privacy and security in a desirable urban location.
Prime Beverly Grove Location: Situated in one of LA's most desirable walking neighborhoods, Beverly Grove, offering convenience, architectural charm, and access to local amenities.

Cons

Age of Original Construction: While extensively reimagined, the original structure dates back to 1926, which may lead to questions about the condition of underlying systems or potential for unforeseen maintenance issues not covered by the renovation.
Moderate Lot Size: With a lot size of 6,555 sqft, while functional and well-utilized, it may be considered moderate for a luxury property at this price point in Los Angeles, potentially limiting expansive outdoor development.
Absence of Explicit Central Air Conditioning Mention: Despite being a 'reimagined contemporary retreat,' the description does not explicitly mention the presence of central air conditioning, which is a key comfort feature for many buyers in the Los Angeles climate.

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