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1551 Lucretia AvenueLos Angeles, CA 90026

For Sale

$3,495,000

Smart Buyer Rebate $34,950

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.

Listed by Oliver Thornton

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License #01969227

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Hollywood Estates

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310-704-1794

Listed by Sarah Emerson

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License #02123340

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Hollywood Estates

Last updated November 29, 2025

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Source: CRMLS #25582415

Listing Facts

  • TypeSingle-family
  • NeighborhoodEcho Park
  • Bedrooms6
  • Bathrooms5
  • Days on Prevu79
  • Size4,576 sqft
  • Price per sqft$764

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

10/28/2025
Price Decreased
$3,495,000
10/26/2025
Status changed to Active
$3,795,000
10/23/2025
Status changed to Removed from Feed
$3,795,000
09/23/2025
Listed by Hollywood Estates
$3,795,000

Property Details for 1551 Lucretia Avenue

Exterior

Construction

  • Stories Total: 3
  • Year Built: 2024
  • Architectural Style: Contemporary
  • Common Walls: No Common Walls

Features

  • View: City Lights, Mountain(s), Panoramic

Measurements

  • Building Area Total: 4,576
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,462
  • Lot Size Square Feet: 6,462
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5419006024

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Flooring: Tile
  • Interior Features: Walk-In Closet(s)

Measurements

  • Living Area: 4,576
  • Living Area Source: Plans

Rooms

  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 6

Parking

Parking

  • Parking Features: Door-Multi, Driveway, Garage
  • Parking Total: 6

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 6 bedrooms and 5 bathrooms in this single-family home at 1551 Lucretia Avenue.

Does this single-family home have parking?

Yes, there are 6 parking spaces available for 1551 Lucretia Avenue.

How does 1551 Lucretia Avenue compare to other single-family homes in Echo Park?

This single-family home is listed 133% above the average price for single-family homes in Echo Park and has been on the market for 51 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 4,576 sqft.

1551 Lucretia Avenue is a 6-bedroom, 5-bath single-family home for sale in Los Angeles CA 90026. On Prevu for 79 days at $3,495,000. This includes a recent price decrease of $300,000. This residence features 4,576 square feet of living space, located in Echo Park. The median listing price for single-family homes in this area is $1,390,888. Property amenities include dishwasher, air conditioning, parking, and washer/dryer. View other single-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.