2041 Glencoe Way, Los Angeles, California 90068, Los Angeles, 90068 - 5 bed, 5 bath

2041 Glencoe Way, Los Angeles, California 90068 home-pic-0
ACTIVE$2,700,000
2041 Glencoe Way, Los Angeles, California 90068
5Beds
5Baths
3,020Sqft
3,797Lot
Year Built
1926
Close
-
List price
$2.7M
Original List price
$2.7M
Price/Sqft
$894
HOA
-
Days on market
-
Sold On
-
MLS number
25513377
Home ConditionGood
Features
Excellent View: City Lights, Hills, Landmark
Deck
Patio
ViewCity Lights,Hills,Landmark

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 4 Cons,5 Pros. Rank: price - $2.70M(78th), sqft - 3020(72th), beds - 5(90th), baths - 5(82th).

Immersed in the fabric of Los Angeles, this hillside Mediterranean jewel offers numerous lounging decks and rooftop terraces with views of iconic landmarks. This storied duplex comprises both 2039 and 2041 Glencoe Way and was previously owned by Theo Wilson, a trailblazing journalist for the Los Angeles Times and New York Times. Experience a dreamy, enchanting lifestyle that only a home of this original character can provide, with rich period aesthetic details preserved inside and out. Vivid color complements moody hues to inspire deep thought and creativity. At 2041, enjoy authentic Spanish terra cotta tile floors, stucco fireplace, and built-ins in the delightful living room with French doors that open to the front patio. The kitchen is warm and inviting with a subway tile backsplash, aegean blue cabinetry, stainless-steel appliances, and bar ledge. The formal dining room, with its rich wood floors, also has French doors to the outside. A wrought-iron staircase leads to the primary bedroom with picture windows framing sweeping views of the city, and secondary bedrooms and bathrooms have built-ins and period details. There is also an office/gaming room with vaulted ceilings with exposed beams surrounded by striking vistas of treetops and hillsides. The living room of 2039 features an original 1926 brick fireplace, entertainer's bar, charming bookcase, and lofty ceiling with exposed beams, with direct access to a spacious patio perfect for outdoor gatherings. The eat-in kitchen has been extensively and beautifully updated with copper hardware, open shelving, bright subway tile backsplash, an abundance of cabinetry, and top-of-the-line appliances. The primary bedroom has a large skylight, French doors opening to a rooftop lounging deck, an adjacent sitting alcove with picture window, and en-suite bathroom. The secondary bedroom, currently used as an office, offers direct access to the outdoors and features its own en-suite bath. Relax, entertain, and dine al-fresco from multiple tiered patios, screened for privacy from the street, including a trellis-covered outdoor dining room with views of the hills and city. Both addresses include covered parking and an in-unit laundry. Live in one and rent out the other for a steady flow of passive income. The Hollywood Bowl is also close by, with no need for ride-share or transportation. Welcome!

Condition Rating
Good

This 1926 duplex features tastefully updated interiors, particularly the kitchens, which are described as 'extensively and beautifully updated' with 'top-of-the-line appliances' in one unit and 'stainless-steel appliances' and 'subway tile backsplash' in the other. The property maintains its rich period aesthetic with well-preserved details like Spanish terra cotta tile floors and original fireplaces, making it move-in ready. While the age of the property (1926) and the lack of central air conditioning prevent an 'Excellent' rating, the significant and recent updates to key areas like the kitchens, along with overall good maintenance, align well with the 'Good' condition criteria.
Pros & Cons

Pros

Income-Generating Duplex: The property is a duplex (2039 and 2041 Glencoe Way) offering significant income potential by living in one unit and renting out the other.
Historic Charm & Architectural Integrity: Built in 1926, the property boasts preserved Mediterranean architectural details, including original fireplaces, Spanish terra cotta floors, and exposed beams, offering unique character.
Exceptional Views & Outdoor Living: Features numerous lounging decks, rooftop terraces, and multiple tiered patios providing sweeping city, hillside, and landmark views, ideal for entertaining and relaxation.
Prime Hollywood Hills Location: Situated in a desirable Los Angeles hillside neighborhood with convenient access to iconic landmarks like the Hollywood Bowl, reducing the need for transportation.
Tastefully Updated Interiors: Both units feature updated kitchens with modern appliances and finishes (e.g., subway tile, stainless steel), blending contemporary comfort with historic appeal, along with covered parking and in-unit laundry.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3797, living area = 3020.
Age-Related Maintenance & Systems: As a 1926 build, the property may require ongoing specialized maintenance and potential updates to older systems (e.g., plumbing, electrical) that are not explicitly mentioned as fully modernized throughout.
Hillside Property Challenges: Its hillside location, while offering views, can present challenges such as steep access, potentially limited flat yard space, and the need for specialized foundation or landscaping maintenance.
Lack of Central Air Conditioning: The detailed description does not mention a cooling system, suggesting the absence of central air conditioning, which could be a significant comfort concern for buyers in Los Angeles's warm climate.

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