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524 Lorraine Blvd, Los Angeles, CA 90020
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524 Lorraine Blvd Los Angeles, CA 90020

$6,435,000 Sold Price as of 06/02/2021
  • 6 Beds
  • 6 Baths
  • 8,308 Sq.Ft.
Sold
$6,435,000 Sold Price as of 06/02/2021 Refinance Your Mortgage
Map preview of 524 Lorraine Blvd, Los Angeles, CA 90020

Property Overview: 524 Lorraine Blvd Los Angeles, CA has 6 bedrooms, 6 bathrooms, 8,308 living square feet and 25,213 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: HOME LOOKS TOTALLY NEW! UPDATED WITH NEW HARDWOOD FLOORS & NEW STAGING! Grand Hancock Park Estate on over half an acre! This exquisite traditional home offers over 8300 SF between the main house and 2 detached guest houses, spread over 2 lots. The first floor boasts a 2-story foyer, formal living and dining rooms, a library/office, billiards room, an immense family room with full-size bar, 2 powder rooms, butlers pantry, laundry room, and a spacious eat-in kitchen that opens to the backyard. Upstairs, 3 guest bedrooms with 2 bathrooms occupy one wing, while the master bedroom suite is secluded in the other wing and offers a sitting area, bathroom, incredible walk-in closet, and a separate office. The backyard is an absolute paradise featuring: a large flat grassy lawn, pergola-covered outdoor dining, a huge pool, a detached pool/guest house with full bath, and a jaw-dropping gym with a gorgeous new bathroom (2nd guest house). Centrally located on a quiet Hancock Park street.

Listed by Juliette Hohnen | BRE #01772623 | Douglas Elliman
Last checked: 3 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 122

Home details

Lot Sq. Ft
25,213
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
20642112
City
Los Angeles
County
Los Angeles
Time on Site
1222 days

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 524 Lorraine Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside, Individual Room
Fireplace Information
  • Has Fireplace
  • Master Bedroom, Living Room
Room Information
  • Flooring: Wood, Tile
  • Basement, Bonus Room, Den, Formal Entry, Great Room, Guest/Maid's Quarters, Jack & Jill, Living Room, Master Bathroom, Office, Walk-In Closet, Walk-In Pantry
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Refrigerator
Bathroom Information
  • # of Baths (Full): 5
  • # of Baths (1/2): 2
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • Other Structures: Guest House
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Pool
  • Pool Features: In Ground, Private
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Circular Driveway, Garage - Two Door
  • Has Attached Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Parcel Number: 5504007004
  • Architectural Style: Traditional
Location / Neighborhood
Location Information
  • Directions: North of Wilshire Blvd, South of 3rd St, West of Wilton Pl, East of Rossmore Ave. On Lorraine Blvd, between 5th and 6th.
View more facts & features

Local Los Angeles Agent

Sale History for 524 Lorraine Blvd

Last sold for $6,435,000 on June 2nd, 2021

  • June, 2021

  • Jun 2, 2021

    Date

    Sold

    CRMLS: 20642112

    $6,435,000

    Price

  • Mar 11, 2021

    Date

    Pending

    CRMLS: 20642112

    $6,500,000

    Price

  • Feb 6, 2021

    Date

    Active Under Contract

    CRMLS: 20642112

    $6,500,000

    Price

  • Jan 16, 2021

    Date

    Price Change

    CRMLS: 20642112

    $6,500,000

    Price

  • Oct 6, 2020

    Date

    Active

    CRMLS: 20642112

    $6,995,000

    Price

  • October, 2020

  • Oct 2, 2020

    Date

    Canceled

    CRMLS: 20619934

    $7,395,000

    Price

  • Aug 17, 2020

    Date

    Active

    CRMLS: 20619934

    $7,395,000

    Price

  • Listing provided courtesy of CRMLS

    Grand Hancock Park Estate on over half an acre! This exquisite traditional home offers over 8300 SF between the main house and 2 detached guest houses, spread over 2 lots. The first floor boasts a 2-story foyer, formal living and dining rooms, a library/office, billiards room, an immense family room with full-size bar, 2 powder rooms, butlers pantry, laundry room, and a spacious eat-in kitchen with 3 sets of French doors to the backyard. Upstairs, 3 guest bedrooms with 2 bathrooms occupy one wing, while the master bedroom suite is secluded in the other wing and offers a sitting area, bathroom, incredible walk-in closet, and a separate office. The backyard is an absolute paradise featuring: a large flat grassy lawn, pergola-covered outdoor dining, a huge pool, a detached pool/guest house with full bath, and a jaw-dropping gym with a gorgeous new bathroom (2nd guest house). So much to love about this elegant estate, including its central location on a quiet Hancock Park street.

  • March, 2004

  • Mar 9, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 524 Lorraine Blvd

Assessed Value (2020): $2,992,281
Year Land Value Improved Value Assessed Value
2020 $1,690,063 $1,302,218 $2,992,281

Home Value Compared to the Market

This property vs the competition

524 Lorraine Blvd sold on June 2, 2021 for 446.22% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $782.38 per/sqft which puts the price per square foot 3.63% higher than the current median sale per square foot for the city of Los Angeles.

About 524 Lorraine Blvd

Detailed summary of property

524 Lorraine Blvd is a single family home that recently sold in Los Angeles, CA 90020. This house offered 6 bedrooms, 6 bathrooms, roughly 8,308 living square feet, and sits on an approximately 25,213 square foot lot. 524 Lorraine Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $6,435,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 446.22% higher than the current median priced home. Local homes that are currently for sale include 7135 Hollywood Blvd #Penthouse E, 6361 Quebec Dr and 2034 Castilian Dr. While the average home in Los Angeles, CA is selling in 92 days, 524 Lorraine Blvd has a days on market of 122 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 524 Lorraine Blvd Los Angeles, CA 90020 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 524 Lorraine Blvd

Public county record property details
Beds
6
Baths
7
Year built
--
Sq. Ft.
7,414
Lot Size
16,208
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
124
APN
5504-007-004

The source for these homes facts are from public records.

90020 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$790,000
Median List Price/Sq.Ft.
$653
Median Sold Price
$520,000
Median Sold Price/Sq.Ft.
$702
Total Inventory
50
Median Sale to List Price %
104%
Avg Days on Market
43
Loan Type
Conventional (36.36%), FHA (0%), VA (0%), Cash (9.09%), Other (18.18%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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