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603 N Las Palmas Avenue, Los Angeles, California 90004, Los Angeles, 90004 - 5 bed, 5 bath

603 N Las Palmas Avenue, Los Angeles, California 90004 home-pic-0
ACTIVE$4,399,000
603 N Las Palmas Avenue, Los Angeles, California 90004
5Beds
5Baths
5,000Sqft
7,543Lot
Year Built
2014
Close
-
List price
$4.4M
Original List price
$4.75M
Price/Sqft
$880
HOA
-
Days on market
-
Sold On
-
MLS number
25508979
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $4.40M(85th), sqft - 5000(90th), beds - 5(81th), baths - 5(84th).

OWNER MAY CARRY THE NOTE AT 5% INTEREST ONLY WITH 35% DOWN. Located in the prestigious Hancock Park neighborhood, this elegant new-construction home (built in 2014) offers modern luxury with timeless charm. Situated on a desirable corner lot, this spacious residence features 4+ bedrooms and 4.5 bathrooms. Upon entry, you're welcomed by a foyer leading to a formal living room with a fireplace and an elegant dining room perfect for entertaining. The chef's kitchen is a dream, boasting high-end appliances, a walk-in pantry, a center island, and seamless access to the family room, which opens to a private backyard retreat. The first floor includes two versatile bedrooms/offices, offering the option to create a first-floor bedroom suite, along with a powder room for guests. Upstairs, the expansive primary suite impresses with a fireplace, private balcony, spa-like bathroom with a sauna, and a generous walk-in closet. The second-floor family space is perfect for lounging, while three additional bedrooms, each with private en-suite bathrooms and walk-in closets, offer comfort and privacy. A dedicated home gym(could be a 5th bedroom upstairs) and large laundry room completes the upper level. Outside, the backyard oasis includes a patio, built-in BBQ area, sparkling pool, and a detached two-car garage. This is a rare opportunity to own a move-in-ready home in one of Hancock Park's most sought-after locations. Located in Hancock Park HPOZ. Don't miss your chance, schedule a showing today!

Nearby schools

2/10
Vine Street Elementary School
Public,•K-6•0.7mi
8/10
Third Street Elementary School
Public,•K-5•0.8mi
6/10
Van Ness Avenue Elementary School
Public,•K-5•1.2mi
2/10
Wilshire Crest Elementary School
Public,•K-5•1.8mi
7/10
Queen Anne Place Elementary School
Public,•K-5•2.2mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•0.4mi
7/10
John Burroughs Middle School
Public,•6-8•1.3mi
3/10
Laurel Elementary School
Public,•K-8•1.6mi
7/10
Fairfax Senior High School
Public,•9-12•1.4mi
4/10
Los Angeles Senior High School
Public,•9-12•1.8mi

Price History

Date
Event
Price
12/16/97
Sold
$490,000
07/21/94
Sold
$435,000
Condition Rating
Excellent
This property, built in 2014, is only 10 years old, which immediately places it within the 'Excellent' category for its age. The description emphasizes 'modern luxury with timeless charm,' a 'chef's kitchen boasting high-end appliances,' and a 'spa-like bathroom with a sauna.' The images corroborate this, showcasing pristine hardwood floors throughout the main living areas, modern recessed lighting, and elegant chandeliers. The kitchen features white shaker cabinets, a large island, high-end stainless steel appliances (including double ovens and a gas range), and a stylish subway tile backsplash. All bathrooms are updated with contemporary vanities, modern tiling, and glass-enclosed showers, reflecting a spa-like quality. Carpets in the bedrooms appear clean and well-maintained. The overall condition, style, and features are virtually new, with no visible deferred maintenance, aligning perfectly with the criteria for an 'Excellent' rating.
Pros & Cons

Pros

Prime Location & Modern Construction: Located in the prestigious Hancock Park neighborhood, this 2014-built home offers modern luxury and is move-in ready, combining timeless charm with contemporary amenities.
Exceptional Interior Design & Features: Boasts a chef's kitchen with high-end appliances, an expansive primary suite with a spa-like bathroom and sauna, multiple en-suite bedrooms, and versatile living spaces including formal rooms and an upstairs family area.
Private Outdoor Oasis: The property features a private backyard retreat complete with a patio, built-in BBQ area, and a sparkling pool, ideal for entertaining and relaxation.
Flexible Financing Opportunity: The owner's willingness to carry the note at 5% interest only with 35% down presents a unique and attractive financing option for qualified buyers.
Spacious & Versatile Layout: With 5 bedrooms, 5 bathrooms, 5000 sqft, and a desirable corner lot, the home offers ample space, including a dedicated home gym and flexible ground-floor rooms, catering to diverse lifestyle needs.

Cons

Lack of Views: The property explicitly states 'View: None,' which may be a significant detractor for luxury buyers in Los Angeles who often prioritize scenic vistas.
HPOZ Restrictions: Situated within the Hancock Park HPOZ, the property may be subject to strict architectural and exterior modification guidelines, potentially limiting future customization or renovation plans.
Recent Price Reduction: The current list price is a reduction from the original, which could indicate a perceived overpricing initially or a longer-than-expected time on market, potentially raising buyer concerns about value.

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