224 Glenroy Place, Los Angeles, California 90049, Los Angeles, - bed, bath

home-pic
ACTIVE$7,995,000
224 Glenroy Place, Los Angeles, California 90049
4Beds
4Baths
3,018Sqft
31,399Lot
Year Built
1948
Close
-
List price
$8M
Original List price
$8M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
24424843
Home ConditionGood
Features
Excellent View: City Lights, Canyon, Hills, Panoramic
Patio
ViewCity Lights,Canyon,Hills,Panoramic

About this home

A very private single-level home that exudes sophistication and style. Redone in a warm, yet simple design that is timeless. Set down from the street behind an impressive gate, a 3/4-acre canyon and city view lot has a lower Bel Air worthy position. The open layout is anchored by light oak flooring throughout. The canyon facing rooms reveal the rear yard with sliding glass doors to enjoy an indoor/outdoor lifestyle. Kitchen provides Miele, Wolf and Sub-Zero appliances with Caesar stone counter tops. Three car garage (currently used as a gym), maids room off kitchen and a bonus den offers many options. Recently added new roof and Tesla Solar panels with Power Wall battery back up system add to the quality of this home. Beyond the expansive flat and grassed main yard is a large lower pad. Add a pool here, or utilize the land for redevelopment. There is amazing potential to fully utilize the sweeping jetliner views of the city to the ocean to construct a larger home. Owners have commissioned design of a new light filled contemporary home and poolside guest house comprising 8,968 sq ft with 6 bed and 8 bath. Plans are in final stage of plan check with the City of Los Angeles with final approval expected shortly. Come experience this serene and verdant setting, and discover a truly remarkable opportunity.

Price History

Date
Event
Price
11/18/21
Sold
$6,350,000
12/19/17
Sold
$4,305,000
08/20/03
Sold
$1,759,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (140 Listings)
Beds44
50%
Baths44
50%
Square foot3,0183,463
38%
Lot Size31,39913,000
84%
Price$8M$4.17M
79%
Price per square foot$2,649$1,314
99%
Built year19481960
23%
HOA
Days on market296175
96%
Condition Rating
Good

The property, built in 1948, has been redone with light oak flooring and features Miele, Wolf, and Sub-Zero appliances in the kitchen with Caesar stone countertops, indicating a significant update. The presence of Tesla solar panels and a Power Wall battery backup system further suggests recent improvements. While the house isn't newly built, the description and images point to a well-maintained and updated home, justifying a 'good' condition score. The bathrooms appear updated as well. Although the property is over 20 years old, the renovations and high-end appliances suggest it's move-in ready with no immediate major renovations required.
Pros & Cons

Pros

Exceptional Views: The property boasts sweeping jetliner views of the city, canyon, hills and ocean, enhancing its desirability and market value.
Development Potential: The large lot size (3/4 acre) with a lower pad offers significant potential for adding a pool, guest house, or redeveloping into a larger home. Approved plans for a new contemporary home are available.
Modern Upgrades: Features include a remodeled kitchen with high-end appliances (Miele, Wolf, Sub-Zero), new roof, and Tesla solar panels with Power Wall battery backup, providing energy efficiency and modern convenience.

Cons

Price Point: The high list price may limit the pool of potential buyers, requiring a targeted marketing strategy.
Limited Outdoor Space: While the lot is large, the description highlights a flat grassed area, but doesn't mention other outdoor amenities such as a pool or spa, which are common in this price range.

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