5929 Spelthorne Lane, Los Angeles, California 90034, Los Angeles, 90034 - 4 bed, 3 bath
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Los Angeles, California 90034
This Modern Spanish/Mediterranean Residence is a High-Potential Investment Opportunity listed at $1,948,000—positioned well below the $2,214,212 Fair Market Value by 12%. This valuation gap provides $266,212 in Instant Equity. Boasting an Excellent Condition Rating, the 2016-built home features a gourmet Monogram kitchen, energy-efficient systems, and Hollywood Sign views from the master suite. Located in the gated Faircrest community near Alexander Hamilton Senior High, it offers luxury and financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5929 Spelthorne Lane Subject | $1,948,000* List Price | 4 | 3 | 2,844 | $779 | - |
A 1915 Covington Lane Sold | $2,450,888 | 5 | 3 | 2,897 | $846 | 0.1 mi |
B 3257 Cattaraugus Avenue Sold | $2,190,000 | 6 | 4 | 2,617 | $837 | 1.0 mi |
C 2628 Reynier Avenue Sold | $1,687,500 | 4 | 3 | 1,925 | $877 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property is less than 10 years old and meets the criteria for excellent condition. The interior features high-end finishes including a gourmet kitchen with professional-grade Monogram stainless steel appliances, a large center island, and double wall ovens. The bathrooms are modern with premium fixtures, including an oversized soaking tub and private shower in the master suite. With hardwood flooring, recessed lighting, and energy-efficient systems like a tankless water heater and EV/solar pre-plumbing, the home shows no signs of deferred maintenance and reflects current market standards.
Built in 2016, this relatively new home offers contemporary energy-efficient features including a tankless water heater and pre-plumbing for both solar panels and EV charging, which is rare for the area.
The high-end kitchen features professional-grade Monogram stainless steel appliances, a 6-burner range with griddle, double wall ovens, and a large center island that flows seamlessly into the family room.
Situated in the exclusive Faircrest gated community, the property offers enhanced security and a central location just minutes from Culver City, Beverly Hills, and the Miracle Mile.
The listing includes a 111-square-foot enclosed patio that is noted as non-permitted, creating a discrepancy between the marketed size and the official title report.
The pool and backyard patio shown in marketing materials are digital renderings only and do not currently exist, which may lead to unmet expectations regarding the actual outdoor amenities.
WELCOME HOME !! TO THIS ONE OF A KIND GATED COMMUNITY = FAIRCREST NEST IN THE DESIRABLE MID-WILSHIRE / BEVERLYWOOD ADJACENT. THIS RARE AND REALATIVELY NEWLY BUILT (10YRS OLD PLUS) GORGEOUS SPANISH / MEDITERRANEAN STYLE HOME BOASTS: 4 BR/3 BA + OFFICE; 2 LEVELS; ATTRACTIVE OPEN FLR-PLAN W/ LGR INVITING ISLAND KITC OPEN TO GREAT FAMILY RM; VIEW OF THE "HOLLYWOOD" SIGN FROM THE MASTER SUITE; BEAUTIFUL GOURMET KITC W/ PROFESSIONAL STAINLESS STEEL MONOGRAM, BUILT-IN RANGE W/ 6 BURNERS, GRIDDLE & DOUBLE WALL-OVENS, MICROWAVE & DISHWASHER; DWTSTAIRS FEATURES OFFICE / LIBRUARY & 1BR & 1FULL BA & UNIQUE ENCLOSED WORK-OUT PATIO, WHILE UPSTAIRS FEATURES: LRG MASTER SUITE W/ GENEROUS RETREAT W/ OVERSIZED SOAKING TUB & PRIVATE SHOWER, LINEN CABINETS & LRG WALK-IN CLOSET; 2 CORNER BR & 1BA; A LOFT / STUDY AREA W/ BUILT-IN DESKS & CABINETS IDEAL FOR HOME-OFFICE; ALL BEDROOMS ENJOY EXCEPTIONAL NATURAL LIGHTS, 2 CAR GAR W/ CLASSIC PAVER DRWY & MANICURED FT-YD LANDSCAPING. PROP FEATURES: ENERGY EFFICIENT, INLD: TANKLESS WATER HEATER, CONTROL FANS; SECURITY SYSTEM, PRE-PLUMB FOR SOLAR SYSTEM & PRE-PLUMB FOR FUTURE CHARGING. FYI, THE PHOTOS OF THE POOL AND ITS ADJACENT BACKYARD PATIO ARE ONLY RENDERING, NOT ACTUAL. TITLE REPORT SQFT SHOWS 2844 SF, THE LISTING SHOWS 2955 SQFT WHICH INCLUDED THE ENCLOSED PATIO WHICH IS NON-PERMIT. CONVENIENTLY & CENTRALLY LOCATED IN FAIRCREST HEIGHTS JUST MINS TO CULVER CITY, MIRACLE MILES, BEVERLY HILLS, CLOSE TO THE FAMOUS GROVE, AND JUST QUICK DRIVE TO DOWNTOWN LA AND THE SANTA MONICA BEACH !! WELCOME HOME TO YOUR OWN OASIS !!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 3.8 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 2,844 | 1,650 | 81% |
| Lot Size | 6,039 | 5,803 | 56% |
| Price | $1.95M | $1.67M | 63% |
| Price per sq ft | $685 | $1.0K | 9% |
| Built year | 2016 | 1942 | 86% |
| HOA | $165.0 | $0 | 88% |
| Days on market | 47 | 150 | 6% |
Mar 6, 2026
$1,948,000
Initial Listing
Mar 2, 2017
$1,452,000
Public Record