$3,795,000

Estimated payment $20,717/month

Total Views 50
6 Beds
5 Baths
4,576 Sq Ft
$829 Price per Sq Ft

Highlights

  • Panoramic View
  • Viking Appliances
  • No HOA
  • Room in yard for a pool
  • Contemporary Architecture
  • Electric Vehicle Charging Station

About This Home

Welcome to the "NELA Observatory", a breathtaking new construction that blends mid-century modern inspiration with today's finest design and functionality, set on a private and peaceful cul-de-sac with jetliner views of DTLA and the surrounding mountains. Every level of this three-story residence was crafted to capture sweeping sunsets and shimmering city lights. The entire lower level is a private two-bedroom, one-bathroom ADU with its own address and entrance, complete with an open-concept kitchen, laundry, multiple balconies, and unobstructed vistasideal as an income-generating rental, guest quarters, or space for loved ones. Upstairs, the main residence features three bedrooms and three bathrooms, including a serene primary suite with a private veranda overlooking Echo Park Lake, downtown, and the Hollywood Hills, plus a spa-inspired bath with soaking tub. The main level is designed for entertaining with floor-to-ceiling windows, wraparound balconies, and views of the Hollywood Sign on clear days. A chef's kitchen with Viking appliances, generous counter space, and seamless flow into the living areas anchors this floor, complemented by an office or fourth bedroom with its own bath. Altogether, the home offers six bedrooms and five bathrooms, a two-car garage, additional driveway and street parking, and a clean, gated entryway. For outdoor enthusiasts, the property is walking distance to Elysian Park's hiking trails and just minutes from Griffith Park, Dodger Stadium, and Sunset Blvd. Local favorites like Valerie Bakery, Canyon Coffee, and Glowing Plant-Based Eatery are nearby, along with Stronghold Climbing Gym, wellness centers, and EV charging stations. Adding even more appeal, conceptual renderings are showcased for a pool, pool deck, and sport court, highlighting the incredible potential of the outdoor spaces should a buyer choose to develop them. Offering endless opportunities for relaxation and adventure, the NELA Observatory is hillside living at its most inspiring.

Listing Agent

Oliver Thornton

Hollywood Estates License #01969227 Listed on: 09/23/2025

Co-Listing Agent

Sarah Emerson

Harcourts Encino Inc. License #02123340

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,116

Year Built

  • Built in 2024

Lot Details

  • 6,462 Sq Ft Lot
  • Property is zoned LAR2

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 4,576 Sq Ft Home
  • 3-Story Property
  • Entryway
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Viking Appliances
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 5 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Additional Features

  • Room in yard for a pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Electric Vehicle Charging Station

Listing and Financial Details

  • Assessor Parcel Number 5419-006-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,116

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 4576
  • Lot Acreage: 0.1483
  • Stories: 3
  • Year Built: 2024
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Tile, Wood Laminate
  • Bedrooms: 6
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Washer, Refrigerator, Range/Oven, Freezer, Garbage Disposal, Microwave, Dryer, Dishwasher
  • Price Per S Q F T: 829.33

Exterior Features

  • Other Structures: None
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: Panoramic, City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5419-006-024
  • Lot Size Area: 6462

Rental Info

  • Furnished: Furnished Or Unfurnished

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,116 $687,165 $146,214 $540,951
2024 $8,116 $673,693 $143,348 $530,345
2023 $7,956 $660,485 $140,538 $519,947
2022 $2,771 $235,171 $137,783 $97,388
2021 $2,739 $230,561 $135,082 $95,479
2019 $1,567 $131,076 $131,076 $0
2018 $1,559 $128,506 $128,506 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2025 09/23/25 For Sale $3,795,000 -- $829 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Source: Public Records

Source: The MLS

MLS Number: 25582415

The MLS

APN: 5419-006-024