841 N Crescent Heights Boulevard, Los Angeles, California 90046, Los Angeles, 90046 - 4 bed, 5 bath

841 N Crescent Heights Boulevard, Los Angeles, California 90046 home-pic-0
ACTIVE$3,600,000
841 N Crescent Heights Boulevard, Los Angeles, California 90046
4Beds
5Baths
4,042Sqft
6,050Lot

Price Vs. Estimate

The estimated value ($3,158,897.76) is $441,102.24 (12%) lower than the list price ($3,600,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: The property is ideally situated to enjoy the vibrant lifestyle of Melrose, West Hollywood, Beverly Hills, and the Sunset Strip, offering high desirability and convenience.
Top Cons:
Absence of Pool/Spa: Despite its luxury status and outdoor entertaining area, the property lacks a pool or spa, which is a common and highly desired amenity in this price range and climate, especially when compared to several local comparables.

Compared to the nearby listings

Price:$3.60M vs avg $2.27M (+$1,325,000)81%
Size:4,042 sqft vs avg 2,309 sqft88%
Price/sqft:$891 vs avg $98738%

More Insights

Built in 2009 (16 years old).
Condition: Built in 2009, this property is 16 years old, placing it squarely within the 'Good' category's age range (10-20 years). The home is a 'Contemporary Masterpiece' with a professional Chef's kitchen featuring stainless steel appliances and custom cabinetry, and luxurious master suites with Carrera marble, steam showers, and spa tubs. While the kitchen's red island countertop and black/white tiled floor, along with a secondary bathroom's green mosaic tile, reflect a style from its build era and might not be considered 'virtually new' by today's absolute cutting-edge standards, all components are high-quality, well-maintained, and in excellent functional condition with no immediate renovations required. The property is move-in ready and shows minimal wear and tear, aligning perfectly with the 'Good' criteria.
Year Built
2009
Close
-
List price
$3.6M
Original List price
$3.6M
Price/Sqft
$891
HOA
-
Days on market
-
Sold On
-
MLS number
25545067
Home ConditionGood
Features
Good View: City Lights, Mountain(s), Trees/Woods
Deck
ViewCity Lights,Mountain(s),Trees/Woods

About this home

Contemporary Masterpiece! This contemporary dream home features a great-for-entertaining floor plan, grand living room, wet bar w granite counter-tops, & Venetian plaster finished wall fireplace. Formal dining room leads through the butler's station into a professional Chef's kitchen, large center island with sink, stainless steel appliances, custom made cabinetry, 32-bottle wine refrigerator, walk-in pantry, & breakfast area. The first floor also features a large bedroom suite & a luxurious venetian plaster powder room. Glide up the intricate modern staircase with designer railing to the second floor featuring three bedroom suites, including 2 Luxurious Master Suites with steam showers in white Carrera marble, bubbling spa tubs with massaging jets, state-of-the-art bidet toilets, custom made hardwood cabinets, designer sinks, boutique walk-in closets, and fireplaces. Expansive outdoor entertaining area, complete with cabana-style sitting area and lushly landscaped backyard. Enjoy the lifestyle of Melrose, West Hollywood, Beverly Hills, and Sunset Strip!

Price History

Date
Event
Price
10/30/12
Sold
$1,300,013
Condition Rating
Good

Built in 2009, this property is 16 years old, placing it squarely within the 'Good' category's age range (10-20 years). The home is a 'Contemporary Masterpiece' with a professional Chef's kitchen featuring stainless steel appliances and custom cabinetry, and luxurious master suites with Carrera marble, steam showers, and spa tubs. While the kitchen's red island countertop and black/white tiled floor, along with a secondary bathroom's green mosaic tile, reflect a style from its build era and might not be considered 'virtually new' by today's absolute cutting-edge standards, all components are high-quality, well-maintained, and in excellent functional condition with no immediate renovations required. The property is move-in ready and shows minimal wear and tear, aligning perfectly with the 'Good' criteria.
Pros & Cons

Pros

Prime Location: The property is ideally situated to enjoy the vibrant lifestyle of Melrose, West Hollywood, Beverly Hills, and the Sunset Strip, offering high desirability and convenience.
Luxurious Finishes & Amenities: Features high-end details such as a professional Chef's kitchen with stainless steel appliances and a wine refrigerator, Venetian plaster, an intricate modern staircase, and multiple fireplaces.
Multiple Master Suites: Includes two luxurious master suites, each equipped with steam showers, Carrera marble, spa tubs with massaging jets, bidet toilets, and boutique walk-in closets, providing exceptional comfort and privacy.
Excellent for Entertaining: Designed with a great-for-entertaining floor plan, a wet bar, and an expansive outdoor area with a cabana-style sitting area and lush landscaping, perfect for hosting guests.
Modern Construction: Built in 2009, the property offers a contemporary design and relatively modern infrastructure, appealing to buyers seeking newer construction.

Cons

Absence of Pool/Spa: Despite its luxury status and outdoor entertaining area, the property lacks a pool or spa, which is a common and highly desired amenity in this price range and climate, especially when compared to several local comparables.
Potential Overpricing: The listing price of $3.6M is significantly higher than the estimated property value of approximately $3.16M, suggesting it may be priced above current market expectations, particularly when considering newer comparables with additional amenities.
Lack of Advanced Smart Home Features/ADU: While well-appointed, the description does not mention advanced smart home technology or an Accessory Dwelling Unit (ADU), features increasingly found in newer luxury homes in the area and present in some comparables, which could impact its competitive edge.

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