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737 N Orange Drive, Los Angeles, California 90038, Los Angeles, 90038 - 4 bed, 3 bath

737 N Orange Drive, Los Angeles, California 90038 home-pic-0
ACTIVE$3,475,000
737 N Orange Drive, Los Angeles, California 90038
4Beds
3Baths
2,637Sqft
7,427Lot
Year Built
1922
Close
-
List price
$3.48M
Original List price
$3.5M
Price/Sqft
$1,318
HOA
-
Days on market
-
Sold On
-
MLS number
BB25126450
Home ConditionExcellent
Features
Deck
Pool
Spa
Patio
ViewPool

About this home

Possibly Over-Priced:The estimated price is 12% below the list price. We found 3 Cons,5 Pros. Rank: price - $3.48M(93th), sqft - 2637(93th), beds - 4(93th), baths - 3(50th).

Hancock Park Spanish oasis sits steps away from what Los Angeles Magazine calls, "the coolest street in Los Angeles." In the neighborhood for neighbors, a meticulous sanctuary with two intentional homes on one parcel off The Melrose Michelin Mile near art galleries lures. House #1 - 3B | 2B Front House: solar panels, Tesla Powerwall, Waterworks fixtures, private primary en suite with steam shower, bidet, heated towel rack, chef kitchen: Sub Zero Refrigerator, Wolf Gas Range + double ovens + microwave, double sinks: farmhouse + island, custom cabinets, private patio, al fresco dining, ten foot deep salt water pool with underwater seating, home theater, soaking tub, motorized shades + additional blackout shades in primary, . House #2 - 1B | 1B + Office with kitchen bar, California Closets, additional second laundry room, salt water spa, outdoor shower, and additional patio; solar for the pool. This half house/half vacation in the Sycamore District full of careful customization.

Price History

Date
Event
Price
07/31/17
Sold
$1,725,000
05/25/11
Sold
$949,000
09/15/04
Sold
$865,000
04/07/00
Sold
$352,000
Condition Rating
Excellent
Despite being built in 1922, this property has undergone an extensive and meticulous high-end renovation, bringing it to current luxury standards. The description highlights a 'chef kitchen' with Sub Zero and Wolf appliances, custom cabinets, and Waterworks fixtures. The primary en suite boasts a steam shower, bidet, and heated towel rack. Images confirm modern, luxurious finishes in both the kitchen (white cabinetry, large island, integrated appliances, recessed lighting) and bathrooms (marble-look tiles, double vanity, contemporary fixtures). Additional features like solar panels, a Tesla Powerwall, saltwater pool/spa, and motorized shades further indicate recent, top-tier upgrades and smart home integration. All components appear new or virtually new, with no signs of deferred maintenance, aligning perfectly with the 'excellent' condition criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Prime Hancock Park Location: Situated in the highly desirable Hancock Park neighborhood, steps away from what Los Angeles Magazine calls 'the coolest street' and the 'Melrose Michelin Mile,' offering unparalleled access to dining, art galleries, and vibrant city life.
Versatile Dual-Residence Layout: The property features two distinct homes on one parcel, providing exceptional flexibility for rental income (ADU potential), guest accommodation, or multi-generational living arrangements.
Extensive Luxury & Smart Home Features: Boasts high-end finishes and modern technology, including solar panels, a Tesla Powerwall, Waterworks fixtures, a chef's kitchen with Sub Zero and Wolf appliances, a steam shower, bidet, and motorized shades, indicating a meticulously upgraded and comfortable living experience.
Exceptional Outdoor Entertainment & Wellness: Offers a private oasis with a ten-foot-deep saltwater pool with underwater seating, a saltwater spa, an outdoor shower, and multiple private patios for al fresco dining and entertaining, creating a resort-like environment.
Gourmet Kitchen & Spa-like Primary Suite: The main house features a gourmet chef's kitchen with premium brands and custom cabinetry, complemented by a primary en suite boasting a steam shower, bidet, and heated towel rack, highlighting superior comfort and design.

Cons

Significant Price Discrepancy: The listing price of $3.475M is considerably higher than the estimated property value of $3.023M, which may indicate an aggressive pricing strategy or require a buyer who places a premium on the specific customizations.
Potential for High Ongoing Maintenance: The presence of two separate structures, a deep saltwater pool, saltwater spa, solar panel system, and Tesla Powerwall suggests higher complexity and cost for ongoing maintenance and utilities.
Absence of Explicit Central Air Conditioning: While extensively upgraded, the property description does not explicitly mention central air conditioning, which could be a significant comfort concern for buyers during Los Angeles' warmer months, especially in a 1922-built home.

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