Listing Agent: Oliver Thornton      Broker/Office: Hollywood Estates
1551 Lucretia Avenue Los Angeles CA 90026
$ 3,795,000
  6   |    5   |    4576 Sq Feet

Listing ID

#25582415

Status

Active

Property Type

Single Family Residence

Property Style

Contemporary

County

Los Angeles

Year Built

2024

Days on website

2

Description
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.
Location
Financial Information
List Price:  $ 3795000
Property Features
Appliances:  Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Flooring:  Tile
Heating:  Central
Parking Features:  Driveway, Garage
Senior Community YN:  false
View:  Panoramic
Senior Community YN:  false
MLS Area Major:  C21 - Silver Lake - Echo Park
City:  Los Angeles
Listed By:   Oliver Thornton   Hollywood Estates 
Co-listed by
Sarah Emerson  
CA Lic#