2315 Observatory Ave, Los Angeles, CA 90027

4 beds3.5 baths2,600 sqft Edit

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Sold: $1,450,000
Sold on 07/26/12
Zestimate®: $1,592,248
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My Notes

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Private Spanish compound in Prime Los Feliz offers room to live, work and play! Main residence is a classic, remodeled 3bd/2ba Bungalow. Living rm features a Bachelder frpl, recessed lighting and coved ceilings. A large formal dining rm leads to a true Chef's kit w/custom cabinetry, professional appliances, large center island, and a mix of Terrazzo and Carrere marble for a dazzling twist on the old world charm. Master features 12 ft ceilings and resort style bath, dble French drs open to lush yard w/pool. 2 add'l bdrms share a stunning bath w/free-standing soaking tub. A sep GH offers living rm w/decorative frpl, dining area, bdrm, kit, and full bath plus Cabana w/ ~~ bath, and gym/office for an add'l 800+ sqf. 2600sqft total, permitted. The 2-car garage makes a great office or home gym. Just a short distance to the Village shops and restaurants, the Greek Theater, Griffith Park and everything this great neighborhood has to offer. 

What I love about the home

Restored Spanish north of Los Feliz Blvd. Private gated compound in the heart of Los Feliz. Walk to great restaurants, cafes and movie theaters.
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Facts

  • Lot: 7,405 sqft
  • Single Family
  • Built in 1922
  • Views: 5,226 all time views
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Jul 2012 for $1,450,000
  • Last sale price/sqft: $558

Features

  • Attic
  • Barbecue
  • Cable Ready
  • Ceiling Fan
  • Deck
  • Fenced Yard
  • Fireplace
  • Flooring: Hardwood, Tile
  • Garden
  • Gated Entry
  • Lawn
  • Mother-in-Law
  • Parking: Garage - Detached, 2 spaces
  • Patio
  • Pool
  • Porch
  • Security System
  • Skylight
  • Sprinkler System
  • Unfinished basement
  • Vaulted Ceiling
  • View: City, Mountain
  • Wired

Additional Features

  • Restored 1930's Los Feliz Spanish w/ guest house designated as legal duplex all modern amenities

Appliances Included

  • Dishwasher
  • Dryer
  • Garbage disposal
  • Microwave
  • Range / Oven
  • Refrigerator
  • Washer

Room Types

  • Dining room
  • Family room
  • Master bath
  • Office
  • Pantry
  • Walk-in closet
  • Workshop

Construction

  • Exterior material: Stucco
  • Roof type: Tile
  • Room count: 13
  • Stories: 2
  • Structure type: Spanish
  • Unit count: 2

Other

  • Floor size: 2,600 sqft
  • Heating: Gas
  • Last remodel year: 2008
  • Laundry: In Unit
  • Parcel #: 5592027019
  • Zillow Home ID: 20812156

Zestimate Details

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$1,592,248
+$10,303 Last 30 days
$1.42M
$1.77M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

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$5,641/mo
-$47 Last 30 days
$2.8K
$9.4K
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Popularity on Zillow

If this home is listed on Zillow, it will reach the largest real estate network on the web.*
5,226 all-time views
of this home (chart)
370 forecasted views of this home
in the first 7 days after listing for sale
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Comparable Homes

Homes like this sold for $1.37-1.91M.

$1.2M
$2.07M
 

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Neighborhood

Market guide

Zillow predicts Los Feliz home values will rise 5.1% next year, compared to a 7% rise for Los Angeles as a whole. Among Los Feliz homes, this home is valued 41.9% more than the midpoint (median) home, but is valued 6.1% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Los Feliz, the number of foreclosures waiting to be sold is 42.9% lower than in Los Angeles, and 61.9% lower than the national average. This lower local number could help Los Feliz home values rise more quickly than other regions in Los Angeles.

Learn more about forecast calculations or Los Feliz home values.
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    Nearby Schools in Los Angeles

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