The pandemic and recent trends in the real estate industry have led to a spike in the prices of homes. You could buy a whole house in the 70s for an average price of $20,000 in California. Now, the average price is $800,000.
Emblematic of this trend is this historic property, settled within the prestigious high-end neighborhood of Windsor Square, Los Angeles. This neighborhood is renowned for its decades-old properties that stand tall with lush greenery surrounding it.
This home was last sold in 1969 for a mere $60,000. The property has recently been listed 53 years later under the exclusive Los Angeles real estate brokerage – Hilton & Hyland. Whoever buys the new property will now pay a grand sum of $5.75 million!
This price is justified for many who have their eyes on a property in Windsor Square. Standing on one of the most in-demand neighborhoods of Los Angeles, this home has seen several renovations throughout the years.
More importantly, the three-story home stretches over half an acre on a serene corner of 5th St. and Irving Blvd. The 6,000 sq. ft. area comprises 6 bedrooms and 4.5 baths. It definitely sounds more like a mansion than a humble residence, so not many frown at the thought of $5.75M.
The residence was built back in the 1920s, a craft of the residential architect Robert D. Jones renowned for his Spanish Colonial-style designs. At the peak of his career, another one of his achievements was this Los Angeles property, a combination of masterfully designed columns, roof dormer windows, and an ornate balustrade.
If that’s not all, the interiors encapsulate sophistication. The entrance doors are inspired by French design. The residence captures a bright and spacious vibe with bay windows in the nooks of the rooms. The property also beckons those who have a fascination for small, intricate details like ceilings and walls decorated with trimmings and carved crown moldings.
A property purchased in the 70s doesn’t mean that it doesn’t come with contemporary features and an elegant look. The ground floor alone encompasses an ultramodern kitchen, library, formal dining room, and office space. The kitchen includes granite countertops and incomparable Viking appliances, all attached with a butler’s pantry – the definition of a modern kitchen. The seating areas are gorgeous, with two sitting rooms, a breakfast corner, and a living room.
The upper levels include the bedrooms, five of which are suite bedrooms as well as another singular suite that has walk-in closets and a soaking bathtub. All in all, the rooms are as deluxe as it gets. To get there, a sweeping staircase takes you from the ground floor to the first floor, which also includes a balcony.
The interiors are second to none, but what about the outdoor space? The residence comes with a patio and a backyard. From the patio, there’s a mesmerizing view of greenery, while the backyard has a sports area, a guest-house, and a guest parking area.
For more information regarding this property, visit Hilton & Hyland’s website.
