717 N Highland Avenue 27, Los Angeles, California 90038, Los Angeles, 90038 - 2 bed, 2 bath

717 N Highland Avenue 27, Los Angeles, California 90038 home-pic-0
ACTIVE$1,265,000
717 N Highland Avenue 27, Los Angeles, California 90038
2Beds
2Baths
1,580Sqft
32,784Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unique Live/Work Zoning & Design: This property is a fully commercially-zoned (LAC2) condominium designed by Jay Vanos Architects, fostering a creative live/work community with industrial aesthetics, private entrances, soaring ceilings, and large windows, appealing to a specific professional demographic.
Top Cons:
Niche Market Appeal: The specific industrial live/work loft design and commercial zoning may appeal to a narrower buyer demographic compared to traditional residential properties, potentially limiting resale market breadth.

Compared to the nearby listings

Price:$1.26M vs avg $775.0K (+$490,000)83%
Size:1,580 sqft vs avg 1,219 sqft83%
Price/sqft:$801 vs avg $68483%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this live-work loft falls within the 'Good' category for its age. The property presents a modern, industrial aesthetic with high ceilings, hardwood floors, and recessed lighting throughout. The visible bathroom is contemporary with a tiled shower, glass enclosure, and modern vanity, appearing to be in excellent condition. While kitchen images are not provided, the overall visible condition of the unit suggests a well-maintained property with minimal wear and tear, making it move-in ready without immediate renovation needs. The unique design and quality finishes align with a property that has been well-cared for since its construction.
Year Built
2005
Close
-
List price
$1.26M
Original List price
$1.26M
Price/Sqft
$801
HOA
$306.13
Days on market
-
Sold On
-
MLS number
25599415
Home ConditionGood
Features
Good View: City Lights
Deck
ViewCity Lights

About this home

Quiet, rear-corner live-work loft designed by Jay Vanos Architects now available in the flourishing "Media District." This complex is one of Hollywood's few fully commercially-zoned (LAC2) condominiums. This is an amenity-rich urban area: just blocks from Tartine bakery and directly opposite Petit Trois off Highland and Pizzeria Mozza on Melrose. Built in 2005, the Highland Lofts are a live/work community for creative-class professionals, artists, and all who appreciate industrial architecture. All the lofts have private entrances, true open plans, soaring ceilings and large windows. This southwest corner unit in the back is peaceful and sunny. One of the largest units in the complex, the loft has an ample bedroom-level terrace featuring open views west towards Century City -- i.e NOT on Highland Avenue, but the quieter interior side. Two full en suite baths and a sliding translucent glass wall on the main floor below the terrace level, one flight above the entry, allows for a second bedroom or private office. The 2-car garage within the lower level was designed to be flex space and is currently used entirely as a bespoke design workshop. Private entry into the unit is from a path planted with mature bamboo and secured by a tall custom metalwork fence. Vehicles access the private garage from a gate and common driveway partially below grade. Enjoy remarkably low monthly HOA dues for a unit of this size and quality. Owners pay gas+ electric; remaining DWP costs paid by HOA. Secure entry via a gate with a new intercom. ** Also for lease. **

Price History

Date
Event
Price
10/27/06
Sold
$1,017,000
Condition Rating
Good

Built in 2005, this live-work loft falls within the 'Good' category for its age. The property presents a modern, industrial aesthetic with high ceilings, hardwood floors, and recessed lighting throughout. The visible bathroom is contemporary with a tiled shower, glass enclosure, and modern vanity, appearing to be in excellent condition. While kitchen images are not provided, the overall visible condition of the unit suggests a well-maintained property with minimal wear and tear, making it move-in ready without immediate renovation needs. The unique design and quality finishes align with a property that has been well-cared for since its construction.
Pros & Cons

Pros

Unique Live/Work Zoning & Design: This property is a fully commercially-zoned (LAC2) condominium designed by Jay Vanos Architects, fostering a creative live/work community with industrial aesthetics, private entrances, soaring ceilings, and large windows, appealing to a specific professional demographic.
Prime Urban Location: Situated in the flourishing 'Media District,' this amenity-rich area offers immediate access to renowned establishments like Tartine, Petit Trois, and Pizzeria Mozza, enhancing its lifestyle appeal and convenience.
Flexible & Spacious Layout: As one of the largest units, it features an ample bedroom-level terrace, a versatile 2-car garage designed as flex space, and a sliding glass wall allowing for a potential second bedroom or private office, offering significant adaptability.
Quiet & Private Unit: The southwest corner unit is located in the back, ensuring a peaceful and sunny environment away from Highland Avenue, complemented by secure private entry via a custom metalwork fence and gate.
Remarkably Low HOA Dues: The property benefits from unusually low monthly HOA dues for its size and quality, which also cover a portion of DWP costs, presenting a significant financial advantage for owners.

Cons

Niche Market Appeal: The specific industrial live/work loft design and commercial zoning may appeal to a narrower buyer demographic compared to traditional residential properties, potentially limiting resale market breadth.
Limited Traditional Privacy: The 'true open plans' and a 'sliding translucent glass wall' for a second bedroom/office might not provide the level of sound insulation or privacy desired by all buyers, particularly those seeking conventional bedroom separation.
Urban Noise Potential: Despite being a rear unit, its location in a bustling 'Media District' means potential for ambient city noise, which might not suit buyers seeking absolute tranquility.

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