
Los Angeles, California 90046
This Turnkey Spanish Residence is a High-Potential Investment Opportunity, listed at $2,695,000—positioned above the $2,526,395 Fair Market Value. While priced at a premium, the property features an Excellent Condition Rating with a 2024 roof, solar panels, and a Tesla charger. The LAR2 Zoning and detached pool house offer significant long-term flexibility, while the private backyard oasis provides a sophisticated lifestyle. This rare, designer-done compound is an ideal acquisition for Luxury Homeowners or Discerning Investors seeking a move-in ready asset in Melrose Village.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 829 N Stanley Avenue Subject 3 bd · 4 ba · 2,174 sqft · $1,129 | $2,495,000* List Price | 3 | 4 | 2,174 | $1,129 | - |
A 734 N Genesee Avenue Sold 3 bd · 4 ba · 2,104 sqft · $1,188 · 0.1 mi | $2,500,000 | 3 | 4 | 2,104 | $1,188 | 0.1 mi |
B 937 N Laurel Avenue Sold 3 bd · 2 ba · 1,829 sqft · $1,348 · 0.5 mi | $2,465,000 | 3 | 2 | 1,829 | $1,348 | 0.5 mi |
C 1519 Courtney Avenue Sold 4 bd · 4 ba · 2,488 sqft · $965 · 0.9 mi | $2,400,000 | 4 | 4 | 2,488 | $965 | 0.9 mi |
D 750 N Stanley Avenue Sold 3 bd · 3 ba · 1,630 sqft · $1,224 · 0.1 mi | $1,995,000 | 3 | 3 | 1,630 | $1,224 | 0.1 mi |
E 1314 N Genesee Avenue Sold 3 bd · 2 ba · 1,835 sqft · $1,019 · 0.6 mi | $1,869,000 | 3 | 2 | 1,835 | $1,019 | 0.6 mi |
F 720 N Ogden Drive Active 3 bd · 4 ba · 1,746 sqft · $1,002 · 0.2 mi | $1,750,000 List Price | 3 | 4 | 1,746 | $1,002 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is in turnkey, mint condition featuring a high-end modern renovation completed within the last 5 years. It includes a fully updated designer kitchen with premium finishes, modern ensuite bathrooms, a newer roof from 2024, solar panels, and a Tesla charger.
This 1923 Spanish residence seamlessly blends historic architectural charm with high-end modern upgrades, including a new 2024 roof, solar panels, and a Tesla charger, offering a move-in ready luxury experience.
The property features a fully gated, private backyard complete with a pool, spa, and a versatile detached pool house with AC, providing an ideal setting for indoor-outdoor Southern California living.
Situated in the heart of the coveted Melrose Village, the property benefits from LAR2 zoning, offering significant long-term value and flexibility for potential future development or expansion.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2174, other record living area = 1862.
At a list price of $2,695,000 for 2,174 square feet, the property commands a high price-per-square-foot that may be a barrier for value-conscious buyers in the current market.
The 6,424 square foot lot is relatively small for a 'compound' designation, leaving limited green space once the pool, patio, and detached garage are accounted for.
This designer-done Spanish residence is a private, gated compound in the heart of coveted Melrose Village. Beautifully blending timeless Spanish architecture with sophisticated modern updates, this single-story home features soaring ceilings, graceful arches, and Acacia wood floors throughout. The light-filled open floor plan flows effortlessly from the spacious living room to the elegant dining area and stunning kitchen. A wireless sound system connects to every room and patio. All three bedrooms are generously sized and ensuite, including the spectacular primary retreat with a spa-like bath, freestanding soaking tub, walk-in shower, dual vanity, and 2 large walk-in closets. Premium bi-fold doors open to a beautifully landscaped, completely private backyard with a spacious patio, pool, and spa. A detached garage/pool house with an AC unit provides versatile additional flexibility. Highlights include solar panels, a Tesla charger, newer roof (2024), and LAR2 zoning. A rare opportunity to own a turnkey Spanish compound offering privacy, architectural character, and modern luxury in one of Los Angeles' most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,174 | 1,670.836 |
| Lot Size | 6,424 | 6,152.156 |
| Price | $2.50M | $1.34M |
| Price per sq ft | $1.1K | $807 |
| Built year | 1923 | 1941 |
| HOA | $0 | $238 |
| Days on market | 62 | 56 |
Oct 6, 2026
$2,495,000
$2,695,000
-7% Price Drop
Initial Listing
Sep 8, 2026
$2,695,000
Initial Listing
May 19, 2022
$2,800,000
Public Record
Aug 1, 2018
$2,198,000
Public Record
Aug 21, 2015
$1,800,000
Public Record
Dec 5, 2008
$1,263,000
Public Record