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1979 Grace Ave 5, Los Angeles, CA 90068

Sale Price: $1,000,000
Sep 26, 20241,460 sqft2 beds3 baths
Listed by: Jennifer Thomas
License #: 00931959
Phone #: 714-415-5052
Seven Gables Real Estate
Source:
CRMLS Logo
MLS #: OC24200254

Property Description

One of a kind Hollywood Hills townhome on the market for the first time in 20 years! Perched atop Whitley Ave in a gated community, this prime corner unit, surrounded by lush gardens, offers a pool, spa and stunning sunset views in the historic Whitley Heights neighborhood. Surrounded by multi-million-dollar mansions and views of the Hollywood sign, this property is a rare find. The three-story unit features an open loft concept, a wood-burning fireplace, wet bar, and is steps away from the pool and spa, making this prime unit an entertainer’s dream come true. The Primary bedroom has an en-suite bathroom and a walk-in closet. The guest bedroom and primary bedroom are separated by an open loft den, providing extra privacy, along with sunset and night-time views. One space in the 3-car garage has also been partially converted into a soundproof studio space, ideal for playing music, hosting late-night karaoke or lounging with friends. Ideally located within walking distance of Hollywood & Highland, Cahuenga Corridor restaurants, bars, and clubs, this property is also minutes away from the hiking trails at Griffith Park and is only 7 miles north of DTLA. For entertainment execs, it’s a quick drive to major studios in Hollywood and Burbank (Netflix, Universal, Warner, Disney).
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$15,057

TurboHome Estimated Value

$1,001,400

$686 sqft

High Valuation
$1,051,470
$720/sqft
Normal Valuation
$1,001,400
$686/sqft
Low Valuation
$951,330
$652/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$686/sqft$1,001,400

Neighborhood: Hollywood Hills

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Comparative Value

$640K

$675K

$999K

$1.05M

$1.05M

1900 Vine St 102, Los Angeles, CA 90068

Sale Price: $639,500

Selected Comparable

1942 Grace Ave 111, Los Angeles, CA 90068

Sale Price: $675,000

Selected Comparable

1979 Grace Ave 5, Los Angeles, CA 90068

List Price: $999,000

Subject Property

1979 Grace Ave 5, Los Angeles, CA 90068

Sale Price: $1,000,000

Selected Comparable

6683 Franklin Ave 6, Los Angeles, CA 90028

Sale Price: $1,050,000

Selected Comparable

1979 Grace Ave 1, Los Angeles, CA 90068

Sale Price: $1,055,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1979 Grace Ave 5, Los Angeles, CA 90068

1979 Grace Ave 5, Los Angeles, CA 90068

List: $999,000

Listed: 9/26/2024

Area:1,460 sqft
Price/sqft:$684
Beds:2
Baths:3
Year Built:
Lot Size:29,434

Comparable Properties

COMPARABLE
Choose comps
1979 Grace Ave 5, Los Angeles, CA 90068

1979 Grace Ave 5, Los Angeles, CA 90068

Sale: $1,000,000

12/3/20240.00 mi

Area:1,460 sqft
Price/sqft:$685
Beds:2
Baths:3
Year Built:
Weight:22.5%
1979 Grace Ave 1, Los Angeles, CA 90068

1979 Grace Ave 1, Los Angeles, CA 90068

Sale: $1,055,000

11/12/20240.00 mi

Area:1,460 sqft
Price/sqft:$723
Beds:2
Baths:3
Year Built:
Weight:22.2%
6683 Franklin Ave 6, Los Angeles, CA 90028

6683 Franklin Ave 6, Los Angeles, CA 90028

Sale: $1,050,000

4/16/20250.20 mi

Area:1,860 sqft
Price/sqft:$565
Beds:2
Baths:3
Year Built:
Weight:18.8%
1942 Grace Ave 111, Los Angeles, CA 90068

1942 Grace Ave 111, Los Angeles, CA 90068

Sale: $675,000

4/8/20250.08 mi

Area:1,235 sqft
Price/sqft:$547
Beds:2
Baths:2
Year Built:
Weight:18.4%
1900 Vine St 102, Los Angeles, CA 90068

1900 Vine St 102, Los Angeles, CA 90068

Sale: $639,500

12/12/20240.39 mi

Area:1,544 sqft
Price/sqft:$414
Beds:2
Baths:2
Year Built:
Weight:18.1%

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