RealKey
‪(213) 433-7766‬

1035 Stradella Road, Los Angeles, California 90077, Los Angeles, 90077 - 7 bed, 14 bath

1035 Stradella Road, Los Angeles, California 90077 home-pic-0
ACTIVE$33,000,000
1035 Stradella Road, Los Angeles, California 90077
7Beds
14Baths
12,130Sqft
58,503Lot
Year Built
1981
Close
-
List price
$33M
Original List price
$33M
Price/Sqft
$2,721
HOA
-
Days on market
-
Sold On
-
MLS number
25488845
Home ConditionExcellent
Features
Excellent View: Bluff, City Lights, Canyon, Ocean
Deck
Pool
Patio
ViewBluff,City Lights,Canyon,Ocean

About this home

We found 3 Cons,7 Pros. Rank: price - $33.00M(99th), sqft - 12130(96th), beds - 7(91th), baths - 14(99th).

This Amazing Sprawling Bel Air / Holmby Hills Home " Designed by renowned Interior Designer ( Fay Resnick) is Now For Sale. Not a More Spectacular Home in the area exist than this 7 Bedroom 14 Bathroom "Gem" that is strategically located High above The Los Angeles Basin with Views of Downtown LA, The Pacific Ocean and Beyond. Ideal for Filming Movies as Several Have already been Filmed here already. There is 12,130 SQ Feet of Living Space , 58,000 SQ Ft Lot which includes 3 Large Levels with Pools and Waterfalls and on 2 Levels, Views from Several Bedrooms with Fireplaces in 3 Bedrooms, Living Room and Dining Area. Lower Lever has Indoor Wellness Retreat with a Luxury Spa, Fitness Room, Steam and Jacuzzi. The Retracting Glass opens to a Huge 73 Foot Pool on Level One where the Serenity of the Most Amazing Views in the City Exist that Creates a " Zen Like " environment when entering a Back yard that Includes a Large outdoor Bar/ BBQ Cook area Ocean, City and Mountain Views that will Rival any around ! The Open Wine Room can Store over 150 Bottles of Wine , While the Office, Dens and Theatre Room are nothing less that "State of the Art". Paradise Awaits !

Nearby schools

9/10
Warner Avenue Elementary School
Public,•K-5•1.8mi
9/10
Roscomare Road Elementary School
Public,•K-5•2.1mi
2/10
Van Nuys Middle School
Public,•6-8•5.5mi
6/10
University Senior High School
Public,•9-12•3.1mi
6/10
University Senior High School Charter
Public,•9-12•3.1mi
6/10
Van Nuys Senior High School
Public,•9-12•6.9mi

Price History

Date
Event
Price
06/14/23
Sold
$18,400,000
01/16/15
Sold
$4,900,000
Condition Rating
Excellent
Despite being built in 1981, this property has undergone an extensive, high-end renovation within the last 5 years, likely coinciding with its recent sale in June 2023. The description highlights a design by a 'renowned Interior Designer' and the images showcase a virtually new, state-of-the-art interior. The kitchen features sleek, modern flat-panel cabinetry, integrated high-end appliances, and pristine countertops. Throughout the home, there are contemporary light fixtures, immaculate hardwood flooring, and luxurious amenities such as a home theater, wellness spa, and custom wine room. All visible components meet current luxury quality standards with no signs of deferred maintenance or physical depreciation.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 58503, living area = 12130.
Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Unparalleled Panoramic Views: The property boasts breathtaking panoramic views of Downtown LA, the Pacific Ocean, city lights, and mountains, offering an unparalleled visual experience from multiple vantage points.
Prestigious Location & Designer Pedigree: Situated in the highly exclusive Bel Air/Holmby Hills area, the home was designed by renowned interior designer Fay Resnick, ensuring exceptional quality and sophisticated style.
Extensive Luxury Amenities & Wellness Facilities: Features include multiple pools with waterfalls, an indoor wellness retreat with a luxury spa, fitness room, steam, and jacuzzi, alongside a wine room and state-of-the-art theatre, catering to a lavish lifestyle.
Grand Scale & Unique Entertainment Potential: With 12,130 sqft of living space, 7 bedrooms, 14 bathrooms, and a 58,000 sqft lot, this sprawling estate offers immense scale and unique appeal, including suitability for filming.
Sophisticated Outdoor Living & 'Zen-Like' Environment: The property offers a 'Zen-like' outdoor environment with a huge 73-foot pool, retracting glass walls, and a large outdoor bar/BBQ area, perfect for high-end entertaining amidst stunning views.

Cons

Substantial Price Appreciation & Market Justification: The current list price of $33M represents an 80% increase from its $18.4M sale in June 2023, which may require strong justification and could face scrutiny from discerning buyers.
High Ongoing Operating & Maintenance Costs: The immense size, numerous luxury amenities, and extensive grounds will incur significant ongoing expenses for utilities, maintenance, and potential staffing, a key consideration for potential buyers.
Niche Market Appeal & Extended Marketing Period: As an ultra-luxury property at this price point and scale, it appeals to a very specific and limited buyer pool, potentially leading to a longer marketing and sales cycle.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state