62 Fremont Pl, Los Angeles, CA 90005 - View 1
62 Fremont Pl, Los Angeles, CA 90005 - View 2
62 Fremont Pl, Los Angeles, CA 90005 - View 3

62 Fremont Pl, Los Angeles, CA 90005

Sale Price: $7,780,000
Nov 7, 20246,408 sqft4 beds6 baths
Listed by: F. Ron Smith
License #: 00961954
Phone #: 310-500-3931
Compass
Source:
CRMLS Logo
MLS #: 24458171

Property Description

Nestled within the historic enclave of Fremont Place, a prestigious guard-gated community in Hancock Park, lies a magnificent 1923 Neoclassical estate, designed by renowned architect Clarence J. Smale. This exquisite residence offers a rare opportunity to acquire one of the limited collection of 73 estate homes located within this exclusive neighborhood. Positioned beyond the stately colonnaded portals of LA's first gated community, this masterwork spans 6,408 sq. ft., situated on an expansive .59 acre private homesite. The residence announces its presence with luxuriant manicured landscaping and a sweeping half-circle driveway with a porte-cochere. Upon entering, the formal foyer reveals interiors adorned with museum-quality architectural detail, including crown molding and gleaming hardwood floors throughout. Lined with French windows, the grand living room commands attention with its stone fireplace centerpiece, a sophisticated space for gatherings, enhanced by recessed lighting and integrated surround sound that elevates the entertaining experience. Adjacent to the living room is a versatile parlor, while a formal dining room boasts enchanting arched windows that illuminate the space. The generous family room opens to an expansive terrace through French doors that bathe the interiors with natural light and foster an effortless connection between indoor and outdoor living. A thoughtfully conceived gourmet kitchen is crowned by beamed ceilings, where professional-grade Viking and SubZero appliances anchor the culinary experience. A zinc-topped island with bar seating, along with an ornate oven hood, built-in Miele espresso station, wine storage, and a generous walk-in pantry are all crafted with the accomplished host in mind. Morning light streams through the dedicated breakfast nook, offering direct access to a covered patio and views across the manicured grounds. The well-appointed laundry room extends from the kitchen, equipped with LG appliances, a sink, and plenty of storage. Ascend to the upper level to find four bedrooms, inclusive of the grand primary suite with double door entry, a gas fireplace, French doors that open to a balcony, and a luxurious bathroom with dual vanities, marble flooring, a steam shower, and a peaceful soaking tub. Three additional ensuite bedrooms, a library/study with an ornately carved stone fireplace, and an enclosed sun porch provide additional retreats on this level. Outside, discover a sprawling backyard beyond the terraces, featuring a verdant landscape, mature avocado, lime, and grapefruit trees, and an intimate sunken conversation pit, all enveloped in mature hedging for total privacy. With ample room for a private pool or tennis court, the property also features a detached two-car garage with a half-bath and dog-washing station, offering potential for future transformation into a pool or guest house. This exceptional offering represents a rare opportunity to access a storied community, where former residents have included luminaries from Muhammad Ali to Mary Pickford and Angela Bassett. The 24-hour guard-gated entrance ensures privacy and security, while the Fremont Place Association maintains the impeccable grounds of this 50-acre sanctuary set in a premier central city location. Take advantage of the chance to own a piece of history in one of Los Angeles' most exclusive communities.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$123,540

TurboHome Estimated Value

$7,865,500

$1,227 sqft

High Valuation
$8,258,775
$1289/sqft
Normal Valuation
$7,865,500
$1227/sqft
Low Valuation
$7,472,225
$1166/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1227/sqft$7,865,500

Neighborhood: Mid Wilshire

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Comparative Value

$6.80M

$7.50M

$7.78M

$9.75M

340 S Plymouth Blvd, Los Angeles, CA 90020

Sale Price: $6,800,000

Selected Comparable

62 Fremont Pl, Los Angeles, CA 90005

List Price: $7,495,000

Subject Property

62 Fremont Pl, Los Angeles, CA 90005

Sale Price: $7,780,000

Selected Comparable

533 S Rimpau Blvd, Los Angeles, CA 90020

Sale Price: $9,750,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
62 Fremont Pl, Los Angeles, CA 90005

62 Fremont Pl, Los Angeles, CA 90005

List: $7,495,000

Listed: 11/7/2024

Area:6,408 sqft
Price/sqft:$1,170
Beds:4
Baths:6
Year Built:
Lot Size:25,676

Comparable Properties

COMPARABLE
Choose comps
62 Fremont Pl, Los Angeles, CA 90005

62 Fremont Pl, Los Angeles, CA 90005

Sale: $7,780,000

12/24/20240.00 mi

Area:6,408 sqft
Price/sqft:$1,214
Beds:4
Baths:6
Year Built:
Weight:35.8%
340 S Plymouth Blvd, Los Angeles, CA 90020

340 S Plymouth Blvd, Los Angeles, CA 90020

Sale: $6,800,000

7/16/20250.60 mi

Area:6,004 sqft
Price/sqft:$1,133
Beds:4
Baths:6
Year Built:
Weight:35.1%
533 S Rimpau Blvd, Los Angeles, CA 90020

533 S Rimpau Blvd, Los Angeles, CA 90020

Sale: $9,750,000

4/9/20250.47 mi

Area:6,496 sqft
Price/sqft:$1,501
Beds:5
Baths:6
Year Built:
Weight:29.1%

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