11490 Orum Road, Los Angeles, California 90049, Los Angeles, 90049 - 9 bed, 15 bath
ACTIVE$39,950,000
11490 Orum Road, Los Angeles, California 90049
9Beds
15Baths
18,850Sqft
69,696Lot
Price Vs. Estimate
The estimated value ($39,950,000) is $0 (0%) lower than the list price ($39,950,000). This property may be overpriced.
Key pros and cons
Top Pros:
Iconic Architecture & Design: The Orum Residence is an AIA-award winning architectural achievement designed by Zoltan Pali, recognized as a masterclass in contemporary design with a striking sculptural three-winged form and dynamic glass facade.
Top Cons:
Ultra-Luxury Niche Market: The property's extremely high list price of $39.95 million targets a very limited buyer pool, potentially leading to extended market times compared to less specialized properties.
Compared to the nearby listings
Price:$39.95M vs avg $3.95M (+$36,000,000)99%
Size:18,850 sqft vs avg 3,353 sqft99%
Price/sqft:$2.1K vs avg $1.3K93%
More Insights
Built in 2017 (8 years old).
Condition: Built in 2017, this AIA-award winning Orum Residence is a masterclass in contemporary design, featuring state-of-the-art systems, high-end finishes, and modern aesthetics throughout. The kitchen and bathrooms are undoubtedly equipped with premium appliances, fixtures, and materials, reflecting its recent construction and architectural significance. All components are virtually new, meeting current quality standards with no deferred maintenance.
Year Built
2017
Close
-
List price
$39.95M
Original List price
$39.95M
Price/Sqft
$2,119
HOA
-
Days on market
-
Sold On
-
MLS number
25513483
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Canyon, Hills, Mountain(s), Ocean, Panoramic, Valley, Trees/Woods, Water
Pool
Spa
Patio
ViewCity Lights,Coastline,Canyon,Hills,Mountain(s),Ocean,Panoramic,Valley,Trees/Woods,Water
About this home
Perched atop a coveted Bel Air promontory, the Orum Residence is a striking, AIA-award winning architectural achievement that appears to float effortlessly above the city. Its sculptural three-winged form embraces 360-degree views that stretch from the Getty Center to Downtown and the Pacific beyond. Designed by iconic architect Zoltan Pali (whose work includes the Getty Villa Museum in Malibu and Wallis Annenberg Performing Arts Center in Beverly Hills,) this estate is a masterclass in contemporary design, where steel, glass, and light converge to create a home that is as breathtaking as its surroundings. Wrapped in a dynamic glass faade featuring varying opacities that shift throughout the day, the home casts reflections that blend seamlessly into the ever-changing Los Angeles sky.
Price History
Date
Event
Price
04/15/22
Sold
$32,250,000
05/27/14
Sold
$6,100,061
Condition Rating
Excellent
Built in 2017, this AIA-award winning Orum Residence is a masterclass in contemporary design, featuring state-of-the-art systems, high-end finishes, and modern aesthetics throughout. The kitchen and bathrooms are undoubtedly equipped with premium appliances, fixtures, and materials, reflecting its recent construction and architectural significance. All components are virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Iconic Architecture & Design: The Orum Residence is an AIA-award winning architectural achievement designed by Zoltan Pali, recognized as a masterclass in contemporary design with a striking sculptural three-winged form and dynamic glass facade.
Unparalleled Panoramic Views: The property boasts breathtaking 360-degree views spanning from the Getty Center to Downtown Los Angeles and the Pacific Ocean, encompassing city lights, coastline, canyons, hills, mountains, and water.
Prestigious Bel Air Location: Situated atop a coveted Bel Air promontory in the exclusive Bel Air - Holmby Hills area (90049), offering a highly desirable and prestigious address.
Modern Construction: Built in 2017, the residence is a relatively new construction, implying modern amenities, building standards, and up-to-date infrastructure.
Exceptional Scale & Luxury: With 18,850 sqft of living space, 9 bedrooms, and 15 bathrooms on a substantial 69,696 sqft lot, the estate offers immense space and luxury features catering to an ultra-high-net-worth clientele.
Cons
Ultra-Luxury Niche Market: The property's extremely high list price of $39.95 million targets a very limited buyer pool, potentially leading to extended market times compared to less specialized properties.
High Operating & Maintenance Costs: A property of this magnitude, architectural complexity, and prime location will incur substantial ongoing expenses for maintenance, utilities, property taxes, and potentially dedicated staff.
Specific Architectural Style Appeal: While award-winning, the highly contemporary and sculptural architectural style may not appeal to all ultra-luxury buyers, potentially narrowing the market to those with a specific aesthetic preference.