14347 Mulholland Drive, Los Angeles, California 90077, Los Angeles, 90077 - 2 bed, 3 bath

14347 Mulholland Drive, Los Angeles, California 90077 home-pic-0
ACTIVE$2,399,000
14347 Mulholland Drive, Los Angeles, California 90077
2Beds
3Baths
1,914Sqft
19,220Lot
Year Built
1954
Close
-
List price
$2.4M
Original List price
$2.6M
Price/Sqft
$1,253
HOA
-
Days on market
-
Sold On
-
MLS number
25504131
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Mountain(s), Panoramic, Valley, Trees/Woods
Patio
ViewCity Lights,Hills,Mountain(s),Panoramic,Valley,Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 26% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.40M(32th), sqft - 1914(18th), beds - 2(16th), baths - 3(40th).

Secluded behind private gates off Mulholland Drive, this exquisitely updated home epitomizes sophisticated indoor-outdoor living with breathtaking San Fernando Valley views. The property features a 1-bedroom, 2-bathroom main house and a detached 1-bedroom, 1-bathroom guest house, both designed for elegance and privacy. Soaring beamed ceilings, abundant natural light, and expansive sliding doors seamlessly connect the interiors to a covered patio surrounded by lush landscaping. The main living area boasts a refined living room with a fireplace, a dining space, and a gourmet kitchen with a spacious island and top-tier appliances. The primary suite offers a fireplace and spa-like bath with a soaking tub, while the guest house provides a serene retreat with stunning Valley views. A rare purchase opportunity, this tranquil sanctuary is just moments from the best of Bel Air, the Valley, and Beverly Hills.

Price History

Date
Event
Price
02/23/96
Sold
$280,000
Condition Rating
Excellent

Despite being built in 1954, the property has undergone an 'exquisitely updated' and extensive renovation, as highlighted in the description and property analysis. The gourmet kitchen features a spacious island and top-tier appliances, while the primary suite boasts a spa-like bath with a soaking tub. The overall aesthetic, with soaring beamed ceilings, abundant natural light, and expansive sliding doors, suggests a modern, high-quality finish throughout, aligning with a recent, comprehensive renovation that brings all components to current quality standards with minimal 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 = 19220, living area = 1914.
Exceptional Views: The property boasts breathtaking panoramic views of the San Fernando Valley, City Lights, Hills, Mountains, and Trees/Woods, significantly enhancing its appeal.
Private & Secluded Location: Secluded behind private gates off Mulholland Drive, the home offers unparalleled privacy and tranquility, while remaining moments from Bel Air, the Valley, and Beverly Hills.
Detached Guest House: A separate 1-bedroom, 1-bathroom guest house provides excellent versatility for visitors, a home office, or potential rental income, adding significant value.
Exquisitely Updated Interiors: The home features sophisticated updates, including a gourmet kitchen with a spacious island and top-tier appliances, soaring beamed ceilings, and abundant natural light.
Seamless Indoor-Outdoor Living: Expansive sliding doors effortlessly connect the refined interiors to a covered patio and lush landscaping, ideal for the quintessential California lifestyle.

Cons

Significant Price Discrepancy: The current list price of $2,399,000 is substantially higher than the estimated property value of $1,754,127.75, suggesting it may be overpriced relative to market comparables.
Limited Bedroom Count: With a total of 2 bedrooms (main house + guest house), the property's bedroom count might be considered low for its luxury segment and price point, potentially narrowing the buyer pool.
Age of Construction: Built in 1954, despite being updated, the underlying structure is older, which could imply higher long-term maintenance costs or a need for further infrastructure upgrades.

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