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5500 Tuxedo Ter, Los Angeles, CA 90068

Sale Price: $4,500,000
May 23, 20241,738 sqft4 beds4 baths
Listed by: Michael Maguire
License #: 01762981
Phone #: 310-770-2823
Compass
Source:
CRMLS Logo
MLS #: 24395273

Property Description

5500 Tuxedo Terrace. A mid-century modern masterpiece circa 1962, exemplary of the time and era in which it was built, reimagined by famed June Street Architecture. Influenced by the Case Study House Program of "Arts & Architecture", this property echoes the design of some of our greatest thinkers and visionaries, and creates what we now think of as the modern California home with simple yet dynamic forms and spaces. Reminiscent of the celebrated work of noted architects such as Cliff May, Pierre Koenig and Richard Neutra, June Street Architecture is equally as mindful with a clear creative vision: a celebration of nature, light and harmony. Dramatically situated on a 3/4 of an acre promontory in the prestigious Los Feliz Oaks and perched above neighboring properties, the home provides unobstructed site lines to the city below and west to the ocean. The architect created the ultimate California living experience by blurring the relationship between the interiors of the home and the outdoor spaces. The expansive grounds and gardens are the backdrop of this esteemed residence. Mature trees and established plants provide privacy, while the salt water swimming pool floats, suspended above Los Angeles. Warm woods and plaster throughout. Separate guest space with closet and bathroom adds to the flexibility and practicality of the property. Emotional and peaceful. Gated at the end of a cul-de-sac. Moments to the studios and downtown.
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

$56,325

TurboHome Estimated Value

$4,252,500

$2,447 sqft

High Valuation
$4,465,125
$2569/sqft
Normal Valuation
$4,252,500
$2447/sqft
Low Valuation
$4,039,875
$2324/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2447/sqft$4,252,500

Neighborhood: Hollywood Hills

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Comparative Value

$2.58M

$2.83M

$3.00M

$4.50M

$4.75M

2654 Hollyridge Dr, Los Angeles, CA 90068

Sale Price: $2,582,000

Selected Comparable

5544 Tuxedo Ter, Los Angeles, CA 90068

Sale Price: $2,825,000

Selected Comparable

5638 Tuxedo Ter, Los Angeles, CA 90068

Sale Price: $2,875,000

Selected Comparable

2544 Greenvalley Rd, Los Angeles, CA 90046

Sale Price: $3,000,000

Selected Comparable

5500 Tuxedo Ter, Los Angeles, CA 90068

Sale Price: $4,500,000

Selected Comparable

5500 Tuxedo Ter, Los Angeles, CA 90068

List Price: $4,750,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
5500 Tuxedo Ter, Los Angeles, CA 90068

5500 Tuxedo Ter, Los Angeles, CA 90068

List: $4,750,000

Listed: 5/23/2024

Area:1,738 sqft
Price/sqft:$2,733
Beds:4
Baths:4
Year Built:
Lot Size:34,489

Comparable Properties

COMPARABLE
Choose comps
5500 Tuxedo Ter, Los Angeles, CA 90068

5500 Tuxedo Ter, Los Angeles, CA 90068

Sale: $4,500,000

11/5/20240.00 mi

Area:1,738 sqft
Price/sqft:$2,589
Beds:4
Baths:4
Year Built:
Weight:25.6%
2654 Hollyridge Dr, Los Angeles, CA 90068

2654 Hollyridge Dr, Los Angeles, CA 90068

Sale: $2,582,000

6/16/20250.32 mi

Area:2,191 sqft
Price/sqft:$1,178
Beds:4
Baths:4
Year Built:
Weight:22.3%
2544 Greenvalley Rd, Los Angeles, CA 90046

2544 Greenvalley Rd, Los Angeles, CA 90046

Sale: $3,000,000

8/20/20254.17 mi

Area:2,339 sqft
Price/sqft:$1,283
Beds:4
Baths:4
Year Built:
Weight:18.7%
5638 Tuxedo Ter, Los Angeles, CA 90068

5638 Tuxedo Ter, Los Angeles, CA 90068

Sale: $2,875,000

3/4/20250.20 mi

Area:2,398 sqft
Price/sqft:$1,199
Beds:4
Baths:5
Year Built:
Weight:17.3%
5544 Tuxedo Ter, Los Angeles, CA 90068

5544 Tuxedo Ter, Los Angeles, CA 90068

Sale: $2,825,000

5/23/20250.12 mi

Area:2,112 sqft
Price/sqft:$1,338
Beds:3
Baths:3
Year Built:
Weight:16.1%

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