THE MEZZALUNA ESTATE | HIGHLAND PARK | ESTATE FEATURING THREE HOMES ON ONE LOT
The Mezzaluna Estate is the embodiment of refined living, function, and elegant design poised to surprise! Be the first to reside in this one of a kind urban sanctuary, the ideal fit for your LA Lifestyle in a prime location that provides access to all the city has to offer.
Welcome to The Mezzaluna Estate, a unique private compound and clever mix of old and new. This timeless beauty is located on the corner of Crescent St and N. Ave 66 in the historic Garvanza neighborhood of Highland Park. The large 11,009 SF lot holds a large estate and two additional homes featuring contemporary high design, open floor plans and traditional charm. The unique estate allows buyers the opportunity to live in the main home and use the others as a recording studio, guest house, live/work space and more! Or rent the entire property for potential income of $11,000/month – representing a 4.6% CAP and 15.1 GRM!
The main structure at 405 N Ave 66 is a spacious 2,120 SF home with a combined 3Br + 3.5Ba + Den. Originally built in 1916 and re-envisioned from the ground up, every design element plays an essential role towards the overall laidback-yet-luxurious vibe that exudes from the property. The tile work throughout is spectacular, from the subway tiles to Carrera marble, feather pattern grid, and penny rounds. The open stairway is bathed in natural light, which ascends to the loft like upper level, where the appeal of the interior unfolds into each of the three spacious bedrooms. The master bedroom has vaulted ceilings and stunning views. Take your “me time” seriously while relaxing in either the claw foot bathtub upstairs or soaking tub in the en suite master bathroom, and finish off in the frameless glass shower. The master bedroom also has a separate walk in closet just waiting to be built to suit. Wallpaper from renowned Cole & Son of England surrounds to the custom windows and cabinetry in the family room and guest bath. A generous open kitchen is showcased front and center and was designed for serious cooking and casual entertaining. Features include open shelving, a ceramic farmhouse sink, marble countertops, ample built in cabinets, and a Bosch stove. French doors off the kitchen & dining room offer easy access to a side porch with a fully outfitted entertaining area for al fresco dining.
The front bungalow at 6517 Crescent is 1,055 SF and operates as a 2Br + 1.5Ba + Den and was built in 1921. The exterior period craftsman rock work is a precursor to the original charm that has been enhanced with modern design functional for today’s lifestyle.
The rear bungalow at 6515 E. Crescent is a legal newly constructed home with a bedroom that was incorporated into the legal studio floor plan. With its industrial concrete floors, it functions as a 1Br + 1 Ba (830 SF). Since the structure is new construction, the home is not subject to rent control. This is the fun, young, and modern home that could also double as an excellent office/creative studio or even recording studio down the line. With bright red industrial light fixtures, concrete floors, damless shower, a barn door for the closet and French doors leading out to the yard, this home is definitely the most cutting edge of the three.
The Mezzaluna Estate represents a smart financial decision for owner/user type buyers who would like to use the rental income to pay off their mortgage quickly and hold the investment for for future use, and for seasoned investors looking for a turn-key, income producing acquisition in on of LA’s most highly sought after real estate neighborhoods!
405 N AVENUE 66
6517 CRESCENT ST
6515 CRESCENT ST
*All information provided to be deemed reliable but not guaranteed. Buyer to complete all investigations into the property and/or any matters that may or may not affect the property independently and to their own satisfaction.