
Los Angeles, California 90036
This Stunning Turnkey Residence represents a High-Potential Investment Opportunity, listed at $2,750,000—positioned well below the $2,850,567 Fair Market Value by 3%. This valuation gap offers $100,567 in Instant Equity. Featuring a Mint Condition Rating after a full-stud renovation, the home boasts a Gourmet Kitchen, Heated Pool, and City Lights View. Located in the coveted Sycamore Square enclave, it offers a sophisticated lifestyle for Discerning Homeowners or Luxury Investors seeking a premium, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 933 S Sycamore Avenue Subject | $2,750,000* List Price | 5 | 5 | 4,979 | $573 | - |
A 736 S Cloverdale Avenue Sold | $2,300,000 | 4 | 4 | 3,936 | $584 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1925, the property was taken down to the studs for a complete professional renovation, resulting in near-new construction status. All major systems are brand new, including electrical, plumbing, roof, foundation, and dual HVAC systems. The kitchen and bathrooms feature ultra-premium finishes such as Calacatta marble and Sub-Zero/Thermador appliances, placing it in mint, turnkey condition.
Taken down to the studs, this 1925 Spanish home features all-new major systems, including electrical, plumbing, and a reinforced foundation, offering the charm of character architecture with the reliability of new construction.
The nearly 40-foot kitchen serves as a luxury centerpiece, featuring a massive 13-foot Calacatta marble island and top-tier Sub-Zero, Thermador, and JennAir appliances.
The property includes a heated pool, spa, and a permitted pool house that provides flexible space for a private gym, studio, or guest lounge in a highly private setting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4979, other record living area = 3882. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
With nearly 5,000 square feet of living space situated on a 6,459 square foot lot, the building footprint and pool leave limited traditional green space or yard for recreation.
The immediate assigned elementary school carries a low performance rating, which may be a drawback for families prioritizing local public education options.
Ideally positioned between Hancock Park and the Miracle Mile, Casa del Olivo sits in the coveted Sycamore Square enclave — a central LA address that puts world-class dining, culture, and connectivity at your doorstep. The curb appeal makes a lasting impression, and every detail inside more than delivers. Professionally designed and taken down to the studs, this home offers timeless Spanish character with the peace of mind of near-new construction. Every major system has been upgraded: new electrical, plumbing, sewer line, roof, stucco, two HVAC systems, two tankless water heaters, and a reinforced foundation brought up to current code — a turnkey home with none of the hidden costs of an older property. The exterior showcases smooth stucco, drought-tolerant landscaping, travertine pavers, and the striking sixty-year-old olive tree that gives Casa del Olivo its name and its soul. Inside, an expansive foyer welcomes you with a curved staircase, lime-washed powder room, and Hennessy white oak floors throughout an open main level with custom imported lighting. The nearly 40-foot kitchen is the heart of the home — Sub-Zero, Thermador, and JennAir appliances, Calacatta Caldia marble counters and backsplash, and a dramatic 13-foot island. It opens to a spacious living room with a fireplace and west-facing French doors filled with afternoon light. Upstairs, four of the five bedrooms feature custom fixtures and built-in closets. The primary suite is a private retreat with a walk-in closet and spa-inspired marble bath. An upstairs family room adds flexible space to relax or work from home. The backyard is built for entertaining and tranquility, with a heated pool and spa, lush lawn, and tall ficus trees for privacy. A permitted pool house offers a covered lounge and enclosed room ideal for a gym or studio. Minutes from LACMA, the Petersen, and Miracle Mile dining and shopping, Casa del Olivo offers 4,979 SF of refined living — including the permitted pool house — in a coveted Hancock Park-adjacent location.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 4,979 | 1,672 |
| Lot Size | 6,459 | 6,067 |
| Price | $2.75M | $1.37M |
| Price per sq ft | $552 | $801 |
| Built year | 1925 | 1939 |
| HOA | $0 | $348 |
| Days on market | 27 | 56 |
Jun 25, 2026
$2,750,000
Initial Listing
Mar 5, 2025
$1,650,000
Public Record