714 N Genesee Avenue, Los Angeles, California 90046, Los Angeles, 90046 - 4 bed, 3 bath

714 N Genesee Avenue, Los Angeles, California 90046 home-pic-0
ACTIVE$2,295,000
714 N Genesee Avenue, Los Angeles, California 90046
4Beds
3Baths
1,528Sqft
5,552Lot

Price Vs. Estimate

The estimated value ($2,106,834.855) is $188,165.145 (8%) lower than the list price ($2,295,000). This property may be overpriced.

Key pros and cons

Top Pros:
Award-Winning Architectural Renovation: Fully renovated in 2022 by an award-winning architect, the property showcases minimalist luxury, architectural sophistication, and thoughtful upgrades, making it a highly desirable, move-in ready home.
Top Cons:
Main House Square Footage: At 1,528 sqft for the main residence, some luxury buyers may find the interior living space to be on the smaller side for a property at this price point, despite the efficient design and the presence of an ADU.

Compared to the nearby listings

Price:$2.29M vs avg $2.27M (+$20,000)52%
Size:1,528 sqft vs avg 2,250 sqft24%
Price/sqft:$1.5K vs avg $98792%

More Insights

Built in 1922 (103 years old).
Condition: Despite being built in 1922, this property underwent a full, extensive renovation in 2022 by an award-winning architect. The description and images confirm that all components are new or virtually new, meeting current quality standards. The kitchen features integrated Bertazzoni appliances, honed Bianco Carrara marble countertops, and custom cabinetry, all in pristine condition. Bathrooms boast high-end finishes like Bianco Carrara marble floors and Venetian plaster. The property includes new electrical (200-amp panel, solar, EV charger), new plumbing, tankless water heater, linear air diffusers, and wide-plank European white oak floors, indicating a complete modernization with no deferred maintenance.
Year Built
1922
Close
-
List price
$2.29M
Original List price
$2.35M
Price/Sqft
$1,502
HOA
-
Days on market
-
Sold On
-
MLS number
25559523
Home ConditionExcellent
Features
Pool
Patio
View

About this home

Minimalist luxury meets award-winning design in this Melrose Village stunner. This vaulted and sunlit 3BD/2BA residence WITH a fully-permitted ADU, historically generating $3,000 per month in bonus income, effortlessly blends architectural sophistication, minimalist elegance, and indoor-outdoor flow. Fully renovated in 2022 by an award-winning architect Jennifer Marmon, AIA, this home has been infused with every thoughtful upgrade imaginable! Step beyond soaring hedges into a secluded front garden and enter through a statement-making Siberian larch front door into a light-filled foyer that whispers modern luxury. Vaulted ceilings, strategically placed skylights, and oversized windows bathe the home in sunlight, while wide-plank European white oak floors lead you through an open-concept layout designed for seamless living and entertaining. The bespoke kitchen stuns with integrated Bertazzoni appliances, honed Bianco Carrara marble countertops, a built-in marble sink with Blanco fixtures, and custom cabinetry. French doors off the dining and kitchen areas invite guests to enjoy dual entertaining zones. The primary suite is a minimalist dream, featuring a walk-in closet and spa-worthy ensuite with dual trough vanity, plaster walls, and Bianco Carrara marble floors. A chic hall bath wrapped in Venetian plaster serves two additional bedrooms each with their own private access to the outdoors. Tucked away at the rear, the fully-permitted ADU offers soaring ceilings, polished concrete floors, skylights, and a designer kitchen and bath perfect for guests, creatives, or passive income. French doors open to the sparkling pool framed by agave, magnolia, and manicured hedging. A Baja shelf, integrated lighting, and custom cover complete this private resort oasis. Smart features and upgrades include a Tesla EV charger, paid-off solar panels, new 200-amp electrical panel, linear air diffusers, new plumbing with Duravit fixtures, tankless water heater, and seismic retrofitting. Secure gated parking for two cars, all just blocks from Melrose's buzziest boutiques, restaurants, and the iconic flea market. Come for the design. Stay for the lifestyle. Welcome to your private architectural retreat! Welcome home!

Price History

Date
Event
Price
03/31/00
Sold
$280,000
09/16/22
Sold
$2,215,000
03/01/22
Sold
$1,525,000
05/15/18
Sold
$1,300,000
05/11/06
Sold
$799,000
Condition Rating
Excellent

Despite being built in 1922, this property underwent a full, extensive renovation in 2022 by an award-winning architect. The description and images confirm that all components are new or virtually new, meeting current quality standards. The kitchen features integrated Bertazzoni appliances, honed Bianco Carrara marble countertops, and custom cabinetry, all in pristine condition. Bathrooms boast high-end finishes like Bianco Carrara marble floors and Venetian plaster. The property includes new electrical (200-amp panel, solar, EV charger), new plumbing, tankless water heater, linear air diffusers, and wide-plank European white oak floors, indicating a complete modernization with no deferred maintenance.
Pros & Cons

Pros

Award-Winning Architectural Renovation: Fully renovated in 2022 by an award-winning architect, the property showcases minimalist luxury, architectural sophistication, and thoughtful upgrades, making it a highly desirable, move-in ready home.
Income-Generating ADU: The fully-permitted Accessory Dwelling Unit (ADU) historically generates $3,000 per month in bonus income, offering significant financial benefit and versatile use as a guest suite, creative space, or rental.
High-End Finishes & Smart Home Integration: Boasting a bespoke kitchen with Bertazzoni appliances and Carrara marble, wide-plank European white oak floors, spa-worthy baths, and smart features like paid-off solar panels, Tesla EV charger, and new electrical/plumbing, the home offers modern comfort and efficiency.
Exceptional Indoor-Outdoor Living: Designed for seamless indoor-outdoor flow with French doors leading to dual entertaining zones and a private resort-like backyard featuring a sparkling pool with a Baja shelf, creating an ideal setting for relaxation and entertaining.
Prime Melrose Village Location: Situated just blocks from Melrose's buzziest boutiques, restaurants, and the iconic flea market, the property offers a highly sought-after, walkable lifestyle in a vibrant Los Angeles neighborhood.

Cons

Main House Square Footage: At 1,528 sqft for the main residence, some luxury buyers may find the interior living space to be on the smaller side for a property at this price point, despite the efficient design and the presence of an ADU.
Modest Lot Size: While well-utilized with a pool and ADU, the 5,552 sqft lot size might be considered modest by some luxury buyers seeking more expansive outdoor grounds or greater privacy for a property in this price range.
Original Construction Year: Despite the extensive 2022 renovation and significant upgrades like seismic retrofitting, the property's original build year of 1922 might be a consideration for buyers who exclusively prefer entirely new construction.

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