737 N Gardner Street, Los Angeles, California 90046, Los Angeles, 90046 - 5 bed, 6 bath

737 N Gardner Street, Los Angeles, California 90046 home-pic-0
ACTIVE$4,500,000
737 N Gardner Street, Los Angeles, California 90046
5Beds
6Baths
4,132Sqft
6,503Lot
Year Built
2015
Close
-
List price
$4.5M
Original List price
$5M
Price/Sqft
$1,089
HOA
-
Days on market
-
Sold On
-
MLS number
25523989
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s), Panoramic
Deck
Pool
Patio
ViewCity Lights,Mountain(s),Panoramic

About this home

Possibly Over-Priced:The estimated price is 18% below the list price. We found 3 Cons,5 Pros. Rank: price - $4.50M(91th), sqft - 4132(89th), beds - 5(86th), baths - 6(92th).

Architectural Masterpiece in Melrose Village. Welcome to this stunning modern villa in the heart of Melrose Village, where contemporary design meets luxurious living. This 5-bedroom, 5.5-bath architectural home offers an elegant blend of style and comfort, featuring spacious formal living and dining areas, a gourmet chef's kitchen with Miele appliances and sleek Pedini Italian cabinetry, and beautifully crafted oak floors throughout. The primary suite is a tranquil retreat with a luxe spa-like bath and generous closet space. The media room and guest suite provide flexible living options, perfect for entertaining or hosting guests. Step outside to your private pool and patio area ideal for California's year-round sunshine or head up to the expansive rooftop deck for unparalleled city views and the perfect spot to relax, dine, and entertain under the stars. Smart home features include a NEST system, security alarm, and cameras, offering convenience and peace of mind. This meticulously crafted home is the ultimate retreat for those seeking sophisticated urban living in one of LA's most desirable neighborhoods. Seller will consider leasing.

Price History

Date
Event
Price
10/20/14
Sold
$1,160,000
Condition Rating
Excellent

This property, built in 2015, is only 9 years old, fitting the 'built within 10 years' criterion for an excellent score. The description highlights it as an 'Architectural Masterpiece' and 'stunning modern villa' with 'contemporary design' and 'luxurious living.' The kitchen is a 'gourmet chef's kitchen with Miele appliances and sleek Pedini Italian cabinetry,' indicating top-tier, modern features. Bathrooms are described as 'luxe spa-like,' suggesting high-end finishes. Other features like 'beautifully crafted oak floors throughout' and 'Smart home features including a NEST system, security alarm, and cameras' further confirm its new or virtually new condition, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Modern Architectural Design: Built in 2015, this property is described as an 'Architectural Masterpiece' and a 'stunning modern villa,' offering contemporary design and an elegant blend of style.
Luxury Amenities & High-End Finishes: Features a gourmet chef's kitchen with Miele appliances and sleek Pedini Italian cabinetry, beautifully crafted oak floors, and a luxe spa-like primary bath, indicating premium quality throughout.
Prime Location: Situated in the 'heart of Melrose Village' and described as 'one of LA's most desirable neighborhoods' within the West Hollywood Vicinity, offering sophisticated urban living.
Exceptional Outdoor Living & Views: Boasts a private pool and patio area, complemented by an expansive rooftop deck offering 'unparalleled city views,' 'City Lights,' and 'Mountain(s)' for relaxation and entertaining.
Smart Home Integration: Equipped with modern smart home features including a NEST system, security alarm, and cameras, providing convenience and peace of mind for residents.

Cons

Price Adjustment & Valuation Gap: The property has undergone a significant price reduction from its original list price of $4.999M to $4.5M, and the current list price is still considerably higher than the estimated value of $3.68M, potentially indicating overpricing or a challenging market perception.
Lack of Specific Parking Details: For a 5-bedroom luxury home in an urban area, the description does not explicitly detail garage space or ample parking, which can be a crucial consideration for potential buyers.
Ongoing Maintenance Costs: While luxurious, amenities such as a private pool and an expansive rooftop deck typically entail higher ongoing maintenance and utility costs that buyers should factor into their budget.

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