See Home Value
$3,445,000*
House - Off Market

748 N Detroit St

Los Angeles, CA 90046
bedrooms
5 Beds
bathrooms
6 Baths
square feet
5345 Sqft
$3,101,000 - $3,789,000
Reference Base Price*
0.00%
Since Dec 1, 2023
CA-Los Angeles
Primary Model
Sold Mar 25, 2016
$2,650,000
$2,860,000 by Homebridge Financial Services
Mortgage Due Mar 01, 2050
Sold May 13, 2014
$825,000
$644,000 by Arch Loans Spe Llc
Mortgage

About This Property

Attention investors and savvy buyers, this is the lowest price per square foot in the area for a beautiful, spacious home. This exquisite two-story modern masterpiece is in prime Melrose Village, set behind gates with a grassy front lawn and alluring curb appeal. Enter the foyer to find a glass-sided staircase, an abundance of light, parlor, and chic chandelier that create an atmosphere of pure and accessible luxury. The open floor plan includes a stunning and impeccably crafted kitchen adorned with top-of-the-line stainless-steel appliances including a Thermador six-burner range with hood. The waterfall center island, complete with a sink and microwave, adds an element of convenience and elegance to this culinary haven. On the main level, there is a versatile en-suite bedroom that can serve as an office, guest suite, game room, or nanny's quarters. The sliding glass doors in the living room seamlessly connect the indoor and outdoor spaces, leading to a covered patio. Upstairs, the primary bedroom features high ceilings and two expansive walk-in closets. A generous private balcony overlooks the rear grounds. The large en-suite bathroom has a luxurious free-standing tub, a separate rainwater shower with steam heads, dual-sink vanity, water closet, and makeup desk. Three additional en-suite bedrooms each offer a tranquil sanctuary for rest and relaxation. An inviting extra family room completes the upper level, providing a cozy retreat for reading or casual conversation. In the backyard, dine al-fresco and entertain guests in the covered outdoor dining room near an infinity-edge pool, invigorating spa, sun decks, and grassy play areas. This home is thoughtfully equipped with state-of-the-art technology including wiring for security, sound, and smart-home automation. Enjoy this amazing location amidst the trendy boutiques and shopping along Melrose and just moments to The Grove, West Hollywood, Beverly Hills, and the Westside. Incredible investment opportunity to buy this huge, 5,345-square-foot home at an incredible price, more than $100 per square foot under market. This size of home is no longer able to be built in the area.

The manager has listed the unit size as 5345 square feet.
Unit Size
5,345Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$645
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2015

Price History

Date / Event Date Event Price
Nov 18, 2023 No longer available -
No longer available
Nov 17, 2023 Relisted $3,445,000
Relisted
Sep 28, 2023 No longer available -
No longer available
Jul 15, 2023 Price Increased $3,445,000
↑ $100K (3%)
Price Increased
Jul 8, 2023 Price Decreased $3,345,000
↓ $50K (1.5%)
Price Decreased
Show More

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,666
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 500
  • Total Building Area: 5,345
  • Building Area: 5,345
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,345
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6005
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 6005 LOT/SEC 15

Ownership

  • Current Owner : OLYMPIC HOLDINGS
  • Previous Owner : ROCKPORT DEVELOPMENT INC
  • Owner Before Previous Owner: GARCIA HECTOR
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 192001

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 34-B5
  • Subdivision Tract Number: 6005
  • Parcel: 5525-009-014
  • Lot: 15
  • Municipality: WEST /WEST HOLLYWOOD
  • Latitude: 34.0849
  • Longitude: -118.345

    Address

  • Full Address: 748 N Detroit St
  • Address - House Number: 748
  • Street Direction: N
  • Address - Street Name: Detroit
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C069
  • 4-Digit Zip Code: 7606
  • Zip Code: 90046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,637
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0679
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 96
  • Final Value: 3,432,505
  • High Value: 3,665,647
  • Low Value: 3,199,363

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,860,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Mar 04, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,860,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,153,534
  • Assessed Land Value: $2,102,356
  • Assessed Improvements Value: $1,051,178

    Sales

  • Current Sale Contract Date: Mar 04, 2016
  • Current Sale Recording Date: Mar 25, 2016
  • Current Sale Transaction ID: 1477634502
  • Current Sale Price: $2,650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0332068
  • Previous Sale Recording Date: May 13, 2014
  • Previous Sale Contract Date: Apr 28, 2014
  • Previous Sale Amount: $825,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: ARCH LOANS SPE LLC
  • Previous Mortgage Transaction Date: May 13, 2014
  • Previous Mortgage Loan Amount: $644,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4.5 Baths
4,455 ft²
$785/ft²
$3,495,000 Oct 9, 2023
-
-
House
5 Beds
5.5 Baths
4,116 ft²
$848/ft²
$3,490,000 Sep 30, 2023
-
-
House
4 Beds
4.5 Baths
3,913 ft²
$920/ft²
$3,599,000 Nov 8, 2023
-
-
House
4 Beds
2.5 Baths
2,756 ft²
$1,048/ft²
$2,889,000 Sep 21, 2023
-
-
House
4 Beds
5 Baths
2,339 ft²
$1,280/ft²
$2,995,000 Oct 28, 2023
-
-
House
8 Beds
7.5 Baths
5,989 ft²
$551/ft²
$3,299,000 Aug 4, 2023
-
-
Other
Loft
-
4,597 ft²
$870/ft²
$3,998,000 Nov 6, 2023
-
-

About Central LA


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Frequently Asked Questions

When was property at 748 North Detroit Street built and last sold?
The property at 748 North Detroit Street was built in 2015 and last sold on Mar 4, 2016 for $2,650,000.
How much is this home worth?
The estimated value of the home located at 748 North Detroit Street is $3,479,450.
What are some comparable homes to 748 North Detroit Street?
There are currently no comparable homes to 748 North Detroit Street.

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