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3851 North Riley Lane, Los Angeles, CA 90065

$999K2bd · 3ba · 1,642 sqft
Lot 1,198 sqft•Single Family Residence•
Active
•146d on market•MLS# 00-26836579

Property Description

BUILDER SAYS SELL THIS MODEL HOME NOW! PRICE REDUCED! Incredible opportunity to own a BRAND-NEW MODEL HOME featuring spectacular PANORAMIC VIEWS from an amazing ROOFTOP PATIO! The builder is motivated and has reduced the price on this beautifully designed 1,640 sq. ft. detached home featuring 2 bedrooms PLUS a versatile bonus room, perfect for a home office, den, or additional living space. Enjoy contemporary architecture, modern finishes, an open and inviting floor plan, solar setup, and an attached 2-car garage. The expansive rooftop patio offers incredible indoor-outdoor living with sweeping panoramic views, perfect for entertaining, relaxing, and enjoying Southern California sunsets. Ideally located in the desirable Glassell Park area of Los Angeles, with convenient access to HOLLYWOOD, DOWNTOWN LOS ANGELES, the SAN FERNANDO VALLEY, and PASADENA.

Features & Amenities

FeeBuilt 2025

Property Details

Land Type
Fee
Year Built
2025
Property Type
Residential
Property Subtype
Single Family Residence
Heating
None, Central
View
City Lights, Hills, Panoramic
Flooring
Vinyl
City
Los Angeles
Zip Code
90065
County
Los Angeles
Listed byUnknown Office, Mark Schwartz

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,051.49
Principal & Interest
Loan Amount
$799,200
Total Interest
$1,019,336
Total Payment Over 30 Years
$1,818,536
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

3851 North Riley Lane, Los Angeles, CA 90065

Los Angeles · Single Family Residence

$999K
Residential Tier
Beds
2
Baths
3
Sqft
1,642
Lot
1,198 sqft
Year
2025
$/Sqft
$608
Pool: No✓
Spa: No✓
View: city✓
Garage: 2-car✓

Listed 36.6% below the median closed sale of $1,575,000. Price per sqft ($608) is a 42% discount to closed comps ($1,040). Closed comps sold at 104% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $999K· $608/sqft
Total list price
Closed comps
vs closed median $1.57M
−$576K (−36.6%)
Active comps
vs active median $1.01M
−$10K (−1.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $922
−$314 (−34.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2813 12th AveLos Angeles2026321,2477,901$581$725,0002967
4210 Palmero DriveLos Angeles1955321,2528,070$1,078$1.35M1261
2920 Covina StreetLos Angeles1948321,2584,966$675$849,000357
387 Museum DriveLos Angeles1924221,2613,312$800$1.01M2355
1216 Elm StreetLos Angeles1948331,2544,400$1,475$1.85M4355
Total: 5 · Average2.82.21,254.45,729.8$921.8$1.16M22
Median1,254$1.01M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
304 Mountain View AvenueLos Angeles201410/09/2026321,3022,128$879,000$941,500$7231.074265
8723 Lookout Mountain AvenueLos Angeles201910/08/2026331,4253,000$1.63M$1.57M$1,1050.967664
8655 Appian WayLos Angeles196210/06/2026331,55918,958$1.49M$1.49M$9561.003962
3217 Lowry RoadLos Angeles192310/07/2026331,6357,875$1.99M$1.99M$1,2171.003462
1632 Maltman AvenueLos Angeles191210/08/2026322,0207,239$2.10M$2.42M$1,2001.162361
Total: 5 · Average3.02.61,588.27,840$1.68M$1.68M$1,040.2—42.8
Median1,559$1.57M$1.57M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.