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842 N Orange Grove Avenue, Los Angeles, California 90046, Los Angeles, 90046 - 5 bed, 6 bath

842 N Orange Grove Avenue, Los Angeles, California 90046 home-pic-0
ACTIVE$4,695,000
842 N Orange Grove Avenue, Los Angeles, California 90046
5Beds
6Baths
5,403Sqft
6,500Lot

Price Vs. Estimate

The estimated value ($4,571,892.53) is $123,107.47 (2%) lower than the list price ($4,695,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Design Excellence: Built in 2020, this 'State-of-the-art TECH-HOME' showcases a masterfully designed custom-curated finish with imported European stone, offering modern aesthetics and quality.
Top Cons:
Listing Price vs. Estimated Value: The current listing price is 2% above the property's estimated market value, which might suggest a slightly ambitious pricing strategy.

Compared to the nearby listings

Price:$4.70M vs avg $2.27M (+$2,420,000)91%
Size:5,403 sqft vs avg 2,309 sqft95%
Price/sqft:$869 vs avg $98733%

More Insights

Built in 2020 (5 years old).
Condition: Built in 2020, this property is virtually new and designed to perfection. The kitchen features Miele appliances, phantom black Italian stone countertops, and one-touch hydraulic cabinetry, all in pristine, modern condition. Bathrooms are luxurious and spa-like with contemporary fixtures and finishes. High-end flooring, modern lighting, and state-of-the-art smart home technology throughout confirm its excellent, move-in ready status with no deferred maintenance.
Year Built
2020
Close
-
List price
$4.7M
Original List price
$4.7M
Price/Sqft
$869
HOA
-
Days on market
-
Sold On
-
MLS number
25514133
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s)
Pool
Spa
Patio
ViewCity Lights,Mountain(s)

About this home

State-of-the-art TECH-HOME built and designed to perfection! With over 5400 square feet of interior living, this private compound showcases a breathtaking blend of imported European stone with a masterfully designed custom-curated finish. The 1300-square-foot luxurious Master retreat redefines opulence with its showroom walk-in closet, private lounge and a luxurious spa-like master bathroom. The exceptional chef kitchen is dressed with phantom black Italian stone countertops, one-touch hydraulic cabinetry, Miele appliances, and for the enthusiast - a wine gallery. The open floor-plan concept is complimented with its walls of sliding glass pocket doors, rooftop terrace boasting incredible views, pool/spa, movie theater, and a state-of-the-art TECH-HOME technology that allows for security, lighting, and entertainment to be controlled at your fingertips from anywhere in the world. Extremely desirable Beverly Grove location within minutes to The Grove, Cedars Sinai, Beverly Hills and Downtown L.A!

Price History

Date
Event
Price
01/15/21
Sold
$3,800,000
07/19/19
Sold
$1,800,000
Condition Rating
Excellent
Built in 2020, this property is virtually new and designed to perfection. The kitchen features Miele appliances, phantom black Italian stone countertops, and one-touch hydraulic cabinetry, all in pristine, modern condition. Bathrooms are luxurious and spa-like with contemporary fixtures and finishes. High-end flooring, modern lighting, and state-of-the-art smart home technology throughout confirm its excellent, move-in ready status with no deferred maintenance.
Pros & Cons

Pros

New Construction & Design Excellence: Built in 2020, this 'State-of-the-art TECH-HOME' showcases a masterfully designed custom-curated finish with imported European stone, offering modern aesthetics and quality.
Luxury Amenities & Master Retreat: The property boasts an exceptional chef's kitchen with Miele appliances and a wine gallery, a pool/spa, movie theater, and a lavish 1300 sqft master retreat with a showroom closet and spa-like bathroom.
Advanced Smart Home Technology: Equipped with state-of-the-art TECH-HOME technology, allowing comprehensive control over security, lighting, and entertainment systems remotely.
Prime Beverly Grove Location: Situated in an 'extremely desirable Beverly Grove location,' offering convenient access to The Grove, Cedars Sinai, Beverly Hills, and Downtown L.A.
Indoor-Outdoor Flow & Views: Features an open floor plan with walls of sliding glass pocket doors, a rooftop terrace, and offers desirable city lights and mountain views.

Cons

Listing Price vs. Estimated Value: The current listing price is 2% above the property's estimated market value, which might suggest a slightly ambitious pricing strategy.
Modest Lot Size for a 'Compound': While the interior is spacious (5403 sqft), the 6,500 sqft lot size may be considered modest for a property marketed as a 'private compound' in this luxury segment, potentially limiting expansive outdoor space.
Complexity of High-Tech Systems: The extensive 'state-of-the-art TECH-HOME' features, while a luxury, could imply a learning curve for new owners and potentially higher specialized maintenance costs over time.

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