1341 Linda Flora Drive, Los Angeles, California 90049, Los Angeles, - bed, bath
ACTIVE UNDER CONTRACT$31,500,000
1341 Linda Flora Drive, Los Angeles, California 90049
9Beds
13Baths
Sqft
23,437Lot
Year Built
1962
Close
-
List price
$31.5M
Original List price
$31.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
25538269
Home ConditionFair
Features
Excellent View: Panoramic
Pool
Patio
ViewPanoramic
About this home
This new construction masterpiece under construction blends exceptional design with refined comfort with modern touches throughout. One of the best views in all of Los Angeles with uninterrupted panoramic ocean, city, downtown LA and canyon views. Property being sold in course of construction, "AS IS". Once completed, the finished Estate will be closer to $52,000,000
Price History
Date
Event
Price
03/14/17
Sold
$3,000,000
09/03/15
Sold
$1,510,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (140 Listings) | |
|---|---|---|---|
| Beds | 9 | 4 | 99% |
| Baths | 13 | 4 | 98% |
| Square foot | 0 | 3,465 | |
| Lot Size | 23,437 | 12,925 | 76% |
| Price | $31.5M | $4.17M | 99% |
| Price per square foot | $0 | $1,304 | |
| Built year | 1962 | 1960 | 52% |
| HOA | |||
| Days on market | 176 | 176 | 50% |
Condition Rating
Fair
The property is under construction and being sold "AS IS". While the description mentions modern touches, the images show the property in a state of construction. The year built is 1962, but it is undergoing what appears to be a major renovation. Therefore, it's not possible to assess the final condition of the kitchen and bathrooms, but based on the construction status, it's currently in fair condition.
Pros & Cons
Pros
Unparalleled Views: The property boasts exceptional panoramic views encompassing the ocean, city, downtown Los Angeles, and surrounding canyons, offering a highly desirable and valuable feature.
Prime Location: Located in the prestigious Bel Air - Holmby Hills area (C04), the property benefits from a sought-after address known for its exclusivity and luxury residences.
New Construction Potential: As a new construction project, the property offers the opportunity to customize and complete the estate to specific preferences, resulting in a modern masterpiece.
Substantial Size: With 9 bedrooms and 13 bathrooms, the property provides ample space for large families or those who desire generous living areas and guest accommodations.
Large Lot: The property sits on a sizable 23,437 sqft lot, offering potential for outdoor amenities, landscaping, and privacy.
Cons
Incomplete Construction: The property is being sold during construction, requiring a buyer willing to undertake the completion process, which can involve significant time, resources, and potential risks.
"AS IS" Condition: The "AS IS" sale condition implies that the buyer accepts the property in its current state, potentially inheriting existing issues or unforeseen problems that may require additional investment.
High Investment Requirement: While the listing price is substantial, the need to complete the construction suggests that the final investment to realize the estate's full potential will be significantly higher, potentially reaching $52,000,000.