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720 Lorraine Blvd, Los Angeles, CA 90005
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720 Lorraine Blvd Los Angeles, CA 90005

$2,700,000 Sold Price as of 03/17/2023
  • 4 Beds
  • 3 Baths
  • 3,349 Sq.Ft.
Sold
$2,700,000 Sold Price as of 03/17/2023 Refinance Your Mortgage
Map preview of 720 Lorraine Blvd, Los Angeles, CA 90005

Property Overview: 720 Lorraine Blvd Los Angeles, CA has 4 bedrooms, 3 bathrooms, 3,349 living square feet and 7,494 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Designer perfect old Hollywood Spanish revival home completely redone in this premier Hancock Park neighborhood. Longtime home of Jazz Musician Benny Golson, this property has been meticulously refurbished with great attention to detail and maintaining the architectural integrity of this great old California style. Top of the line designer finishes throughout with an elegant classic yet modern feel. The property bursts with street appeal. All of the landscaping is expertly selected and executed. Upon entry you are met with a beautiful foyer with lavish light fixtures throughout. The large family room receives an abundance of natural light. The main level is perfect for entertaining with a perfect flow from the open kitchen to a family room, dining room, full bar, and large doors that open completely into the lush private backyard. Enjoy outdoor dining with a seating area as well as a full built in barbecue along with a water feature and shimmering pool. All upstairs bed rooms are crafted with beautiful high end finishes and surfaces and a very luxurious primary bedroom with all of the amenities. In addition, the home includes a wine cellar downstairs as well as a laundry room and a detached 2 car garage at the end of a long gated driveway.

Listed by Joseph Babajian | BRE #00813384 | Rodeo Realty
Last checked: 6 minutes ago | Last updated: March 21st, 2023 | Source CRMLS | DOM: 105

Home details

Lot Sq. Ft
7,494
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
22210991
City
Los Angeles
County
Los Angeles
Time on Site
565 days

Property Details for 720 Lorraine Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood
  • Entry, Family Room, Living Room, Master Bathroom
Kitchen Information
  • Has Appliances
  • Barbecue, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Pool
  • Pool Features: Private
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Garage - Two Door
  • No Attached Garage
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5090032029
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: South of Wilshire
View more facts & features

Local Los Angeles Agent

Sale History for 720 Lorraine Blvd

Last sold for $2,700,000 on March 17th, 2023

  • March, 2023

  • Mar 17, 2023

    Date

    Sold

    CRMLS: 22210991

    $2,700,000

    Price

  • Oct 21, 2022

    Date

    Active

    CRMLS: 22210991

    $2,795,000

    Price

  • October, 2022

  • Oct 21, 2022

    Date

    Canceled

    CRMLS: 22179999

    $2,995,000

    Price

  • Jul 18, 2022

    Date

    Active

    CRMLS: 22179999

    $3,295,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 2020

  • Oct 29, 2020

    Date

    Sold

    CRMLS: P1-1438

    $1,525,000

    Price

  • Oct 8, 2020

    Date

    Active Under Contract

    CRMLS: P1-1438

    $1,395,000

    Price

  • Sep 24, 2020

    Date

    Active

    CRMLS: P1-1438

    $1,395,000

    Price

  • Listing provided courtesy of CRMLS

    Do not miss this once in a lifetime opportunity to own a piece of Jazz History. For more than forty-eight years, this Wilshire Park home has played host to Iconic Jazz legend, Benny Golson. If walls to talk or sing, the stories told would be nothing short of amazing! As you walk into this beautiful 2-story traditional style home, you are greeted immediately by an elegant spiral staircase. The living room is bright and airy, there are large windows and an inviting fireplace. The Formal Dining room has large picture windows that provide lots of natural light. There is a nice size Kitchen and separate Breakfast area, including a Laundry room, and one downstairs Bedroom which could be used as an Office, Recording Studio or Workout room. Upstairs, there are three Bedrooms including the Master Bedroom with a quaint walk-in wardrobe dressing/make-up vanity area. There is a game room, and a beautiful sitting area with a Balcony and French doors. The backyard has a sparkling private pool, and a small Bonus room next to the garage, and much more! This is the perfect home for entertaining family and friends.

  • October, 2020

  • Oct 29, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,525,000

    Price

Show More

Tax History for 720 Lorraine Blvd

Assessed Value (2020): $119,654
Year Land Value Improved Value Assessed Value
2020 $101,079 $18,575 $119,654

Home Value Compared to the Market

This property vs the competition

720 Lorraine Blvd sold on March 17, 2023 for 134.87% 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 $834.58 per/sqft which puts the price per square foot 10.54% higher than the current median sale per square foot for the city of Los Angeles.

About 720 Lorraine Blvd

Detailed summary of property

720 Lorraine Blvd is a single family home that recently sold in Los Angeles, CA 90005. This house offered 4 bedrooms, 3 bathrooms, roughly 3,349 living square feet, and sits on an approximately 7,494 square foot lot. 720 Lorraine Blvd was first listed on ArdentRealEstateGroup.com on October 21, 2022. The homeowner sold the property for $2,700,000. 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 134.87% higher than the current median priced home. Local homes that are currently for sale include 843 S Citrus Ave, 5112 Edgewood Pl and 1853 Virginia Rd. While the average home in Los Angeles, CA is selling in 94 days, 720 Lorraine Blvd has a days on market of 105 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 720 Lorraine Blvd Los Angeles, CA 90005 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 720 Lorraine Blvd

Public county record property details
Beds
5
Baths
3
Year built
1927
Sq. Ft.
3,349
Lot Size
7,494
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
10
APN
5090-032-029

The source for these homes facts are from public records.

90005 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$835,000
Median List Price/Sq.Ft.
$665
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$621
Total Inventory
31
Median Sale to List Price %
100.14%
Avg Days on Market
62
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (16.67%), Other (0%)

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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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