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AUCTION SALE – MODERN PENTHOUSE IN HOLLYWOOD

1310 N Detroit St #405, Los Angeles, CA 90046

AUCTION FINAL BID DATE

Deadline: October 10th, 2025

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Auction Details

Starting Bid: $500,000

Buy It Now Price: $675,000

Blind Auction

Auction Type: Blind Auction — submit your highest and best offer

Welcome to 1310 N Detroit #405 — a fully remodeled, 2-level penthouse that blends high-end design, modern upgrades, and an unbeatable Hollywood location. Soaring ceilings and walls of windows fill the space with natural light, while three private balconies offer the perfect retreat. The open-concept layout features a chef’s kitchen, spacious living area, and luxe master suite with a spa-like bath and Toto bidet. A second bedroom is ideal for guests or a home office. Renovated in 2018 with new HVAC, windows, and sliders. Two gated parking spots included.

Second Chance Auction -Best Bid by October 10th

Submit your best offer by October 10th, or take advantage of the Buy It Now option at $675,000 and receive 1 year of HOA fees paid by the seller.

Buyer Incentives

  • highest and best wins. Best Bid Auction: All offers due October 10th
  • Buy It Now Option ($675,000): Lock it in today and skip the bidding.
  • 1 Year HOA Paid by Seller: Immediate savings on carrying costs.

Broker Incentive

  • $5,000 bonus to the buyer’s agent for a closing within 30 days.
    Buyer and Broker Incentive is only available with the Buy It Now option.

Auction Details

  • Starting Bid: $500,000
  • Buy It Now Price: $675,000
  • Auction Type: Blind Auction submit your highest and best offer
  • Deadline: All offers must be submitted no later than October 10th, 2025 at 5 PM PT
  • Buyer’s Premium: A 2.5% buyer’s premium will be added to the final bid price, which will constitute the total purchase price
  • Offer Form: Offers may be submitted on a standard CAR (California Association of Realtors) Residential Purchase Agreement
  • Contingencies: Offers may include any buyer-requested contingencies
  • Early Offers: Not accepted all offers will be reviewed after the deadline

How to Bid:

 
  1. Schedule a private showing with the listing agent
  2. Review full auction terms and property disclosures
  3. Submit your signed offer via the CAR form by the deadline, including proof of funds or loan pre-approval
  4. Top offers may be invited to submit a final and best round following the initial review
  5. Winning bidder will be notified within 24 hours of auction close

This is not a distressed sale — just a rare opportunity to own a top-floor penthouse in one of LA’s most walkable neighborhoods.

Showings by appointment only. Contact listing agent for full auction terms and offer submission instructions.

Please email all offers to harry@rila.io

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