ActiveResidential · sale

218 Lorraine

Los Angeles, CA 90004

$4,580,000

  • 5 beds
  • 6 baths
  • 3,750 sq ft
  • 0.23 acres
  • Built 1922

Listed by Jacqueline L. Lee · MLS #26848661

Property photos are not available.

A FEW THINGS TO NOTICE

What stands out.

Additional spaces

The first floor also contains an impressive powder room and an office/guest suite with its own full bath.

Living spaces

Sunlight fills the gracious foyer, which opens to an expansive living room with a cozy fireplace on the right and an elegant formal dining room on the left.

Details worth a look

Looking through the large covered patio, enjoy your breakfast in a separate dining room with serene views of the lush, private backyard and sparkling pool.

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

THE PROPERTY

Get to know the property.

Do not miss this beautifully updated 5 bedroom, 5-1/2 bath Country English residence located in one of the best streets in Windsor Square in prestigious Hancock Park! Offering timeless character and modern comfort, this rare gem is just moments from Larchmont Village! Behind the striking red front door, newly refinished hardwood floors and a classic center hall staircase set an inviting tone. Sunlight fills the gracious foyer, which opens to an expansive living room with a cozy fireplace on the right and an elegant formal dining room on the left. The dining room flows seamlessly into a well appointed butler's pantry and a remodeled chef's kitchen featuring a 6 burner Thermador range and a Sub Zero refrigerator. Looking through the large covered patio, enjoy your breakfast in a separate dining room with serene views of the lush, private backyard and sparkling pool. A warm and comfortable family room/den provides the perfect space for conversation or relaxation. The first floor also contains an impressive powder room and an office/guest suite with its own full bath. For added convenience, a 3/4 bath sits between the pool and garage, ideal after a swim. Upstairs, four generously sized bedrooms offer exceptional livability. Two bedrooms share a classic Jack and Jill bath, with one opening to a balcony overlooking the serene backyard and pool. An impressive guest bedroom has its own ensuite bath. The luxurious primary suite is a true retreat, complete with a fireplace, jetted tub, separate steam shower, and walk in closet. Do not miss the charming bonus room above the 2 car garage. It can be a perfect hideaway, studio, hobby room or provide additional rental income. The spacious attic can use your imagination other than just for extra storage space. The large basement currently houses the security system and two zone air conditioning. For young families, consider the options available to choose your ideal top private schools nearby. With its superb location, thoughtful updates, effortless blend of character and comfort, this home offers the very best of central Los Angeles living, just steps from beloved shops, cafes, and the vibrant community of Larchmont Village.
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THE NEIGHBORHOOD

Explore the location.

218 Lorraine, Los Angeles, CA 90004

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1922
Full baths
2
Half baths
1
Garage spaces
2
Heating
Central
Appliances
Dishwasher,Disposal
Flooring
Wood
Pool features
InGround
Spa
Yes
Parcel
5516002003

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$19,083.33
Cap rate—

Annual operating income: —

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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 & interest—Loan 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

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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218 Lorraine, Los Angeles, CA 90004 · MLS #26848661

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Listing information

MLS #26848661 · California Regional MLS

Listing brokerage: Jacqueline L. Lee
Listing agent: Jacqueline Lee

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.