Introducing a truly magnificent and timeless residence in the heart of prime Little Holmby, available for the first time in 25 years. From the moment you approach, this exquisite traditional home captivates with its stately presence and enchanting, romantic landscaping. Stepping through the entrance, you're welcomed by a grand, time- honored foyer and a sweeping, dramatic staircase that sets the tone for this extraordinary property. The main level showcases an impressive array of living spaces: a gracious, step-down living room with a classic wood-burning fireplace, a vibey library/den complete with a wet bar, and a charming garden room that seamlessly opens to a secluded outdoor patio. The formal dining room is perfect for intimate gatherings, while the light-filled, newly renovated kitchen and adjoining family room offer the ideal setting for daily living and casual entertaining. Every detail has been meticulously crafted with functionality and storage in mind, ensuring both beauty and practicality. Ascending to the second floor, you'll find the sun-drenched primary suite-a spacious retreat with an inviting sitting room that offers sweeping garden views. The additional bedrooms are generously proportioned, each with its own en suite bath. The rear bedroom is particularly noteworthy, featuring a unique walk-in closet/office area that leads to a private patio, creating a serene and versatile space. Outdoor living is at its finest here, with the downstairs patio opening effortlessly from both the garden room and family room, making it perfect for alfresco dining and entertaining. The sparkling pool, framed by charming sitting areas, is complemented by a gazebo that evokes the glamour of Old Hollywood. The expansive garage and storage area present an exciting opportunity for conversion into additional living space or an ADU, catering to modern needs. Throughout the home, you'll discover an abundance of character: intricate moldings, rich wood-paneled walls, exquisite hardware, and thoughtfully designed window details. This residence is truly a rare gem -a blend of classic elegance, contemporary comforts, and undeniable charm, making it a once-in-a-lifetime offering.
This property is $4.7M more than the Median Sold Price and $562/SqFt more than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24460699
Listing Office:
Office Name: Carolwood Estates
Office Phone: (310) 623-3600
Listing Agent: Richard Ehrlich
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 1:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 17, 1999
Feb 17, 1999Home Sold
$1,475,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$27,870
$2,327,579
2020
$25,229
$2,303,713
2019
$25,083
$2,107,253
2018
$24,144
$2,065,936
2017
$24,144
$1,992,428
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Warner Avenue Elementary
615 Holmby Ave
Distance between this listing and this school0.06 miles
Public District Grades KG-5
9
/10
Fairburn Avenue Elementary School
1403 Fairburn Ave
Distance between this listing and this school0.81 miles
Public District Grades KG-5
9
/10
Westwood Charter Elementary School
2050 Selby Ave
Distance between this listing and this school1.62 miles
Public Charter Grades KG-5
Nearby Schools
6
/10
Emerson Community Charter
1650 Selby Ave
Distance between this listing and this school1.14 miles
Public Charter Grades 6-8
8
/10
Hawthorne School
624 N Rexford Dr
Distance between this listing and this school1.84 miles
Public District Grades KG-8
7
/10
Beverly Vista School
200 S Elm Dr
Distance between this listing and this school2.34 miles
Public District Grades KG-8
Nearby Schools
9
/10
Beverly Hills High School
241 S Moreno Dr
Distance between this listing and this school1.41 miles
Public District Grades 9-12
6
/10
University High School Charter
11800 Texas Ave
Distance between this listing and this school2.30 miles
Public Charter Grades 9-12
7
/10
New West Charter
1905 Armacost Ave
Distance between this listing and this school2.70 miles
The neighbors living near this home have an average income of $118,555. The most common annual income of people living in Los Angeles, CA is $200k+. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 559 Loring Ave
What is the listing price of this property?
The listing price of 559 Loring Ave property is $5,750,000.
What type of property is this?
The property 559 Loring Ave is a house located in Los Angeles, California, 90024.
Is this property for sale now?
Active Listing: 559 Loring Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $27,870 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 17, 1999 for $1,475,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 559 Loring Ave has 3 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 559 Loring Ave is 4,784 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 559 Loring Ave is 1936.
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This home is located at 559 Loring Ave in Los Angeles, CA and zip code 90024 in the Westwood neighborhood. This 4,784 square foot home, which was built in 1936, sits on a 0.24 acre lot. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $5,750,000.
Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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