1551 Lucretia Avenue, Los Angeles, CA 90026
Local realty services provided by:ERA North Orange County Real Estate
1551 Lucretia Avenue,Los Angeles, CA 90026
$3,495,000
- 6 Beds
- 5 Baths
- 4,576 sq. ft.
- Single family
- Active
Listed by: oliver thornton, sarah emerson
Office: hollywood estates
MLS#:25582415
Source:CRMLS
Price summary
- Price:$3,495,000
- Price per sq. ft.:$763.77
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.
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Home facts
- Year built:2024
- Listing ID #:25582415
- Added:89 day(s) ago
- Updated:December 19, 2025 at 02:27 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Full bathrooms:5
- Living area:4,576 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
Structure and exterior
- Year built:2024
- Building area:4,576 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$3,495,000
- Price per sq. ft.:$763.77
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