827 Lorraine Boulevard, Los Angeles, California 90005, Los Angeles, 90005 - 4 bed, 4 bath

827 Lorraine Boulevard, Los Angeles, California 90005 home-pic-0
ACTIVE$1,799,000
827 Lorraine Boulevard, Los Angeles, California 90005
4Beds
4Baths
2,824Sqft
7,303Lot
Year Built
1923
Close
-
List price
$1.8M
Original List price
$2M
Price/Sqft
$637
HOA
-
Days on market
-
Sold On
-
MLS number
25490693
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 24% below the list price. We found 4 Cons,5 Pros. Rank: price - $1.80M(50th), sqft - 2824(38th), beds - 4(50th), baths - 4(50th).

In the heart of Los Angeles' vibrant Mid-Wilshire district, 827 Lorraine Boulevard is a stately single-family residence that retains its historic charm and classic architecture. Built in 1923, this home offers 2,824 square feet of living space, featuring 4 bedrooms and 4 bathrooms, making it an ideal choice for those seeking both comfort and style. From the carved wood front door to its arched windows and the Batchelder-style decorative fireplace, its finer details lure you in. The main house features three bedrooms upstairs, with a Guest House above the garage accessed via a footbridge and providing another bedroom and bath. The residence is situated on a 7,303-square-foot lot, providing ample outdoor space for relaxation and entertainment. This home is part of the dynamic Windsor Village neighborhood known for its rich cultural diversity and proximity to key city attractions. 827 Lorraine Boulevard, with its HPOZ designation, presents a unique opportunity to own a piece of Los Angeles history that you can customize to make your Dream Home a reality.

Price History

Date
Event
Price
06/20/25
Sold
$1,450,000
Condition Rating
Poor

Built in 1923, this property is over 100 years old. While it retains historic charm and is in an HPOZ, the description explicitly states it's an 'opportunity to customize to make your Dream Home a reality,' which strongly implies that the kitchen, bathrooms, and major systems (electrical, plumbing, HVAC) are significantly outdated and require substantial renovation and rehabilitation to meet modern standards and comfort. There is no mention of recent updates to these critical areas or appliances.
Pros & Cons

Pros

Historic Architectural Integrity: The property boasts significant historic charm and classic architecture from 1923, featuring unique details like a carved wood front door, arched windows, and a Batchelder-style fireplace, appealing to buyers seeking character.
Desirable Mid-Wilshire Location: Situated in the vibrant Windsor Village neighborhood, offering rich cultural diversity and convenient proximity to major Los Angeles attractions.
Versatile Guest House: Includes a separate Guest House with an additional bedroom and bath, providing excellent flexibility for extended family, rental income, or a dedicated home office.
Ample Space & Lot Size: With 2,824 sqft of living space and a 7,303 sqft lot, the property offers generous room both indoors and outdoors for comfortable living and entertaining.
HPOZ Designation: Located within a Historic Preservation Overlay Zone, which helps maintain the neighborhood's unique character and can be attractive to buyers valuing historical integrity and community aesthetics.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-06-20. The sold price is $1,450,000.00.
Significant Price Discrepancy: The current list price of $1.799M is considerably higher than the estimated market value of $1.364M, indicating potential overpricing and a challenging negotiation for buyers.
Required Customization/Renovation: The description implies the property needs significant customization and potential renovation to align with modern buyer expectations, suggesting additional investment post-purchase.
Age-Related Maintenance & Systems: As a 1923 build, the property likely requires ongoing maintenance and potential updates to major systems (e.g., plumbing, electrical, HVAC) that are not explicitly stated as having been modernized.

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