
Los Angeles, California 90046
This Contemporary Luxury Residence is a Strong Value Opportunity, listed at $5,395,000—positioned well below the $5,413,056 Fair Market Value by 0.33%. This valuation gap offers $18,056 in Instant Equity for the discerning buyer. Featuring a 360-degree rooftop deck, heated pool and spa, and Fleetwood pocket doors, the home maintains an Excellent Condition Rating. Located steps from Melrose Place, this property is the ideal sanctuary for Luxury Homeowners or Sophisticated Investors seeking a turnkey, high-lifestyle asset in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 738 N Harper Avenue Subject | $5,395,000* List Price | 5 | 6 | 5,501 | $984 | - |
A 930 N La Jolla Avenue Sold | $5,035,000 | 5 | 8 | 5,183 | $971 | 0.2 mi |
B 819 N Ogden Drive Active | $3,995,000 List Price | 5 | 6 | 5,140 | $777 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a high-end contemporary retreat in mint condition. While the original structure dates to 1924, the home has clearly undergone a complete, luxury reconstruction within the last 5 years, featuring a designer kitchen, wide-plank wood floors, Fleetwood pocket doors, and modern systems including solar panels and a heated pool/spa.
Situated just blocks from Melrose Place and the West Hollywood Design District, the property offers unparalleled access to world-class shopping, dining, and the vibrant energy of a top-tier LA lifestyle pocket.
The home features a massive 360-degree rooftop deck with a full outdoor kitchen and Fleetwood pocket doors that create a seamless indoor-outdoor flow to the heated pool, spa, and lounge areas.
Spanning 5,500 square feet, this contemporary retreat includes high-end features such as a private home theater, solar panels, and a primary suite sanctuary with dual-sided fireplace and spa-inspired bath.
With a 5,500 square foot residence situated on a 6,550 square foot lot, the building footprint leaves very little traditional green space or yard area outside of the pool deck.
The current list price of $5.395M is lower than the property's 2022 sale price of $5.65M, suggesting a potential valuation plateau or market sensitivity in this specific micro-market.
Experience the ultimate LA lifestyle from this gated contemporary retreat, ideally positioned just moments from the world-class shopping, dining and energy of Melrose and Melrose Place. Spanning more than approximately 5,500 square feet, this 5-bedroom, 5.5-bath residence pairs sophisticated modern design with effortless indoor-outdoor living. The expansive main level unfolds across wide-plank wood floors with an open-concept living, dining and designer kitchen, while Fleetwood pocket doors disappear to create a seamless connection to the outdoors. A covered outdoor lounge and dining terrace overlooks the heated pool and spa, surrounded by mature hedging for exceptional privacy and complete with an outdoor fireplace for year-round entertaining. The main level also features a private home theater and guest bedroom. Upstairs, the primary suite is its own private sanctuary with a sitting area, dual-sided fireplace, spa-inspired bath, oversized walk-in closet and private balcony, joined by three additional ensuite bedrooms and a secondary lounge or office. Crowning the home is an expansive 360-degree rooftop deck with an outdoor kitchen, built-in BBQ, fire pit and multiple areas to gather, dine and take in the city. Additional features include solar panels and a two-car garage plus gated driveway parking. Set in one of LA's most coveted lifestyle pockets, just blocks from the designer boutiques, celebrated restaurants and cafes of Melrose Place and the surrounding West Hollywood Design District, this is modern city living at its most elevated.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 5,501 | 1,664.159 |
| Lot Size | 6,550 | 6,066.556 |
| Price | $5.39M | $1.35M |
| Price per sq ft | $981 | $806 |
| Built year | 1924 | 1939 |
| HOA | $0 | $278 |
| Days on market | 5 | 55 |
Sep 4, 2026
$5,395,000
Initial Listing
Jan 21, 2025
$5,400,000
Public Record
May 10, 2022
$5,650,000
Public Record
Dec 11, 2020
$1,875,000
Public Record