$2,950,000
4 Bed · 5 Bath · 2,841 Sq Ft
Single-level Spanish charm, guest house, 2,841 ft² on a 6,049 ft² lot
4
Beds
5
Baths
2,841
Sq Ft
1936
Built
0.14 acres
Lot
This single-story Spanish residence on Drexel Avenue pairs classic 1930s character with a comprehensive modern renovation completed prior to the October 2025 sale. From the street the home reveals a 50-foot frontage, tile roof and gated drive; step inside to 2,841 square feet of thoughtfully updated living space where hardwood and tile floors anchor rooms arranged for everyday comfort and entertaining. A decorative fireplace provides a tactile centerpiece in the primary living area while high‑quality finishes and curated period details nod to the house’s original architecture.
Four bedrooms and five baths are configured to offer separation and privacy; the layout reads as both formal and relaxed, with generous bedroom suites and well-appointed baths. Systems are centralized—heating and cooling are provided by central equipment—and the property condition is listed as excellent following the renovation. A discreet, detached guest house expands the home’s flexibility for visiting family, workspace, or a private studio.
Outdoors, the 6,049 sq ft lot makes the most of Beverly Grove’s urban setting: mature landscaping frames a gated driveway with room for approximately three cars, and the level lot encourages low-maintenance California living. The lot and frontage preserve a sense of scale on a quiet residential block while remaining remarkably close to major neighborhood anchors.
Location is a defining asset. The Grove, Beverly Center and LACMA are all within a couple of miles; Cedars-Sinai and West Hollywood Park are nearby, making everyday errands, dining and cultural outings convenient. With an assessed value of $2,050,000 and annual property taxes reported at $24,763 for 2025, this property reflects the premium buyers place on renovated, move-in-ready Spanish homes in Beverly Grove. Whether as a refined primary residence or an owner-occupied investment, this home is a rare single-story offering in one of central Los Angeles’s most walkable sectors.
Beverly Grove offers a compact, urban residential experience prized for proximity to premier shopping, dining and cultural institutions. Tree-lined side streets and mid-century to historic homes create a varied streetscape; residents enjoy easy access to The Grove and Beverly Center, plus museums like LACMA within a short drive. The neighborhood suits buyers who want walkable errands, strong transit connectivity to surrounding districts, and close access to hospitals and parks—all while living in a quieter residential pocket of central Los Angeles.
Beverly Grove currently favors sellers: inventory runs tight at roughly 2.5 months and the neighborhood’s renovated single-family homes continue to attract strong interest. Median sale prices in the area sit near $1,725,000, with one-year appreciation around 5% and five-year gains near 25%, indicating persistent demand and long-term strength. Average days on market are approximately 75 days, reflecting active buyer interest but also a willingness among purchasers to wait for well-upgraded product. For this property type—historic Spanish homes that have been comprehensively remodeled—pricing power remains healthy because upgrades and single-story layouts are both highly sought in the local market.
Buyers should expect competition for turnkey, characterful homes near shopping and cultural anchors; sellers can expect favorable selling conditions provided the home is positioned and marketed to highlight recent renovations. With limited new inventory and steady buyer traffic, now remains a good window to consider either acquiring a renovated Beverly Grove residence or listing one, especially if the property’s updates and systems are documented and permitted. Monitor interest rates and comparable activity closely, as luxury demand can be sensitive to financing dynamics and new inventory flow.
Hancock Park Elementary School
Elementary
John Burroughs Middle School
Middle
Fairfax Senior High School
High
Very good access to urban parks and cultural destinations: West Hollywood Park (1.3 miles), The Grove (1.2 miles), LACMA (1.5 miles), plus neighborhood greenways and pedestrian retail corridors for daily walking and biking.
Luxury Spanish-style home in prime Beverly Grove location with recent comprehensive renovation. High demand and limited inventory suggest strong resale potential.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$2800K
Midpoint
$2950K
High
$3100K
$1038/SF estimated price per square foot
Sales comparison approach using recent sales within Beverly Grove. Adjusted for property size, condition, and amenities. Income approach not applicable due to owner-occupied status.
As of 2026-03-06
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Beverly Grove has experienced steady appreciation due to its central location and amenities. Walkability Rating estimate: 85/100.
Proximity to premier shopping centers, cultural institutions, and parks enhances lifestyle appeal.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$1038/SF
Sold after 126 days on market
$813/SF
Sold after 126 days on market
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