ActiveResidential · sale

2603 Crestmoore Place

Los Angeles, CA 90065

$2,648,888

  • 5 beds
  • 5 baths
  • 4,565 sq ft
  • 0.18 acres
  • Built 1976

Listed by The Real Estate Company JGK Inc. · MLS #26857121

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PROPERTY QUESTIONS & SHOWINGS

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2603 Crestmoore Place, Los Angeles, CA 90065 · MLS #26857121

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The spacious family room with its balcony frames breathtaking skyline sunsets, a perfect perch for sipping wine as the day fades.

Details worth a look

A loft area, with its stunning built-in bookshelves and rounded arches, transforms into your personal library, where you can lose yourself in a good book amidst timeless elegance. // Step outside onto the side deck off the dining room, where morning coffee becomes a ritual, surrounded by the delicate bloom of white iceberg roses.

Year built

Built in 1976.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Transport yourself to the hills of Glassell Park, where 2603 Crestmoore Pl beckons as your own private sanctuary. // Encompassing almost a quarter acre of predominantly flat, verdant terrain with fruit trees and xeriscape, this distinguished, recently-renovated, turnkey compound features a 3,508 sq. ft. main residence, a 1,000 sq. ft. permitted ADU, and a generously sized finished 3-room basement offers boundless possibilities and gracious living. // Step into a world of luxury within the open concept main residence, where the light-filled formal living and dining room with voluminous vaulted ceilings set the stage for elegant gatherings and well-proportioned bedrooms invite restful nights. The spacious family room with its balcony frames breathtaking skyline sunsets, a perfect perch for sipping wine as the day fades. The heart of the home is the grand kitchen: a chef's dream with a large island adorned with waterfall quartz edges and designer appliances. Envision hosting lavish dinner parties here, the aroma of gourmet dishes filling the air, or enjoying breakfast with loved ones as morning light spills in. // Discover three downstairs bedrooms, including a secondary master suite crafted to welcome in-laws or guests, as well as a well-appointed spacious laundry room, equipped with ample storage and counters for folding. // Ascend to the upper level, where two additional bedrooms await, including the preeminent master suite, which features an integrated living area, a spa-inspired bathroom with oversized freestanding tub offering views of the city skyline, and walk-in closet. A loft area, with its stunning built-in bookshelves and rounded arches, transforms into your personal library, where you can lose yourself in a good book amidst timeless elegance. // Step outside onto the side deck off the dining room, where morning coffee becomes a ritual, surrounded by the delicate bloom of white iceberg roses. The expansive backyard, a masterpiece of outdoor living, features built-in seating for memorable entertaining and seamlessly connects to the 1,000 sq. ft. ADU. This versatile annex, equipped with a full kitchen, bathroom, and in-unit washer/dryer hookups, offers myriad possibilities: a private retreat for extended family, a lucrative rental or Airbnb generating monthly income, or an entertainment venue tailored to your desires. Its retractable sliding doors open to a stunning low-maintenance backyard with concrete pavers and artificial lawn, illuminated by twinkling cafe lights and framed by fragrant jasmine plants, creating an enchanting alfresco oasis. The flat lot can even comfortably accommodate a future pool. Rounding out this incredible estate are installed solar panels that ensure low energy bills. // Conveniently located close to Downtown Los Angeles and Pasadena, this property offers an escape enriched by the neighborhood's proximity to premier attractions. Glassell Park has emerged as one of Los Angeles' most vibrant neighborhoods. A short walk leads to community barbecue pits, a lit baseball diamond, basketball and tennis courts, a children's play area, picnic tables, and a year-round pool. The neighborhood's culinary and bar scene is a treasure trove, including Michelin-rated Dunsmoor and Wife and the Somm, as well as The Grant and Verdugo Bar. // 2603 Crestmoore Place is more than a home. It is a private retreat, a gathering place, and an estate that offers endless flexibility for the way you want to live today, tomorrow, and next year. Imagine the life you'll build here: your personal getaway where every detail whispers luxury and every moment feels like a celebration.

THE NEIGHBORHOOD

Explore the location.

2603 Crestmoore Place, Los Angeles, CA 90065

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Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1976
Full baths
5
Half baths
0
Cooling
CentralAir,Dual
Heating
Central
Appliances
Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Flooring
Tile
Pool
No
Pool features
None
Spa
No
Zoning
LARS
Parcel
5460019007

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$11,037.03
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

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Listing information

MLS #26857121 · California Regional MLS

Listing brokerage: The Real Estate Company JGK Inc.
Listing agent: Paulina Phan

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.