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401 S Las Palmas Ave, Los Angeles, CA 90020

List Price: $7,990,000On Market FlagOn market
May 27, 20256,547 sqft6 beds6 baths
Listed by: Joseph Mayberg
License #: 01227745
Phone #: 310-275-5156
The RFC Group
Source:
CRMLS Logo
MLS #: 25544977

Property Description

Grand Hancock Park Estate on Coveted Tree-Lined Street Half-Acre Lot Located on one of Hancock Park's most picturesque and sought-after streets, this stately residence is set on an expansive half-acre lot, offering the rare combination of timeless elegance and resort-style amenities in the heart of the city. Originally constructed with classic architectural integrity, the home underwent a complete rebuild down to the studs in 2010, resulting in a masterfully reimagined estate where sophisticated design meets modern function. Every room is thoughtfully oriented to capture panoramic views of the lush, park-like grounds, creating a seamless connection between indoor and outdoor living. The centerpiece of the outdoor space is an Olympic-sized swimmer's pool with an automatic cover, set against the backdrop of a striking resort-style cabana, oversized outdoor fireplace, and a fully equipped BBQ kitchen perfect for grand-scale entertaining or intimate family gatherings. Inside, the home features a spacious gourmet eat-in kitchen that opens to both the family room and backyard, ideal for modern living. The formal living room boasts soaring beamed ceilings and a fireplace, while a richly appointed wood-paneled library offers a cozy retreat. A guest suite with separate entrance and a private office complete the main level. Upstairs, the dramatic vaulted staircase leads to five generously sized bedrooms, including a luxurious primary suite with spa-inspired bath, dual walk-in closets, a secluded patio & sitting area with fireplace overlooking the grounds. This extraordinary property is a showcase for the best of Southern California indoor/outdoor living, offering unparalleled space, comfort, and style in one of Los Angeles' most prestigious neighborhoods. Tennant occupied until March 2026. Please do not disturb the tenants.
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

$116,877

TurboHome Estimated Value

$7,890,900

$1,205 sqft

High Valuation
$8,285,445
$1266/sqft
Normal Valuation
$7,890,900
$1205/sqft
Low Valuation
$7,496,355
$1145/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1205/sqft$7,890,900

Neighborhood: Mid Wilshire

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Comparative Value

$6.45M

$6.95M

$7.34M

$7.99M

$9.75M

$9.85M

150 S June St, Los Angeles, CA 90004

Sale Price: $6,449,257

Selected Comparable

72 Fremont Pl, Los Angeles, CA 90005

Sale Price: $6,950,000

Selected Comparable

435 S Plymouth Blvd, Los Angeles, CA 90020

Sale Price: $7,340,000

Selected Comparable

401 S Las Palmas Ave, Los Angeles, CA 90020

List Price: $7,990,000

Subject Property

533 S Rimpau Blvd, Los Angeles, CA 90020

Sale Price: $9,750,000

Selected Comparable

355 S Rimpau Blvd, Los Angeles, CA 90020

Sale Price: $9,850,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
401 S Las Palmas Ave, Los Angeles, CA 90020

401 S Las Palmas Ave, Los Angeles, CA 90020

List: $7,990,000

Listed: 5/27/2025

Area:6,547 sqft
Price/sqft:$1,220
Beds:6
Baths:6
Year Built:
Lot Size:19,562

Comparable Properties

COMPARABLE
Choose comps
150 S June St, Los Angeles, CA 90004

150 S June St, Los Angeles, CA 90004

Sale: $6,449,257

5/30/20250.39 mi

Area:6,410 sqft
Price/sqft:$1,006
Beds:6
Baths:6
Year Built:
Weight:24.8%
72 Fremont Pl, Los Angeles, CA 90005

72 Fremont Pl, Los Angeles, CA 90005

Sale: $6,950,000

3/14/20250.77 mi

Area:7,427 sqft
Price/sqft:$936
Beds:6
Baths:6
Year Built:
Weight:21.3%
533 S Rimpau Blvd, Los Angeles, CA 90020

533 S Rimpau Blvd, Los Angeles, CA 90020

Sale: $9,750,000

4/9/20250.29 mi

Area:6,496 sqft
Price/sqft:$1,501
Beds:5
Baths:6
Year Built:
Weight:20.6%
355 S Rimpau Blvd, Los Angeles, CA 90020

355 S Rimpau Blvd, Los Angeles, CA 90020

Sale: $9,850,000

1/14/20250.31 mi

Area:8,203 sqft
Price/sqft:$1,201
Beds:6
Baths:7
Year Built:
Weight:17.2%
435 S Plymouth Blvd, Los Angeles, CA 90020

435 S Plymouth Blvd, Los Angeles, CA 90020

Sale: $7,340,000

9/5/20240.74 mi

Area:7,855 sqft
Price/sqft:$934
Beds:6
Baths:7
Year Built:
Weight:16.1%

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