2690 Hollyridge Drive, Los Angeles, California 90068, Los Angeles, 90068 - 2 bed, 2 bath

2690 Hollyridge Drive, Los Angeles, California 90068 home-pic-0
ACTIVE$2,195,000
2690 Hollyridge Drive, Los Angeles, California 90068
2Beds
2Baths
1,363Sqft
6,780Lot
Year Built
1954
Close
-
List price
$2.19M
Original List price
$2.19M
Price/Sqft
$1,610
HOA
-
Days on market
-
Sold On
-
MLS number
25490437
Home ConditionGood
Features
Excellent View: City Lights, Canyon, Hills, Landmark, Mountain(s), Ocean
Deck
ViewCity Lights,Canyon,Hills,Landmark,Mountain(s),Ocean

About this home

Possibly Over-Priced:The estimated price is 30% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.19M(64th), sqft - 1363(13th), beds - 2(21th), baths - 2(38th).

Introducing the Grier House, a stunning example of mid-century modern architecture, designed by the esteemed Edward H. Fickett, FAIA, in 1954. This iconic home boasts breathtaking panoramic views of the city and Griffith Park Observatory, framed by expansive walls of glass and multiple large open decks. Inside, the open floor plan and sleek, modern stainless steel kitchen create a perfect setting for effortless entertaining. Floor-to-ceiling windows and sliding doors throughout the home seamlessly blend indoor and outdoor living. The primary suite opens to its own private deck with spectacular views, offering a serene retreat. Designated a Historic Cultural Monument for its architectural significance, the Grier House also benefits from the financial advantage of the Mills Act, providing significant property tax savings.

Nearby schools

6/10
Cheremoya Avenue Elementary School
Public,K-60.7mi
4/10
Grant Elementary School
Public,K-61.2mi
4/10
Selma Avenue Elementary School
Public,K-61.4mi
8/10
Valley View Elementary School
Public,K-61.6mi
7/10
Los Feliz STEMM Magnet
Public,K-61.7mi
7/10
Gardner Street Elementary School
Public,K-62.2mi
8/10
R. L. Stevenson Elementary School
Public,K-53.2mi
7/10
Rio Vista Elementary School
Public,K-53.5mi
3/10
Joseph Le Conte Middle School
Public,6-81.5mi
3/10
Hubert Howe Bancroft Middle School
Public,6-82.2mi
6/10
Thomas Starr King Middle School
Public,6-82.6mi
5/10
David Starr Jordan Middle School
Public,6-83.5mi
6/10
Walter Reed Middle School
Public,6-84.6mi
6/10
Hollywood Senior High School
Public,9-121.6mi
8/10
John Marshall Senior High School
Public,9-122.4mi
7/10
Fairfax Senior High School
Public,9-123.3mi
7/10
Burroughs High School
Public,9-123.8mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,7-124.7mi
8/10
North Hollywood Senior High School
Public,9-125.2mi

Price History

Date
Event
Price
08/22/19
Sold
$1,300,000
05/21/13
Sold
$905,000
07/14/04
Sold
$800,000
Condition Rating
Good

Built in 1954, this architecturally significant mid-century modern home features a 'sleek, modern stainless steel kitchen,' indicating a significant and high-quality renovation in a key area. The property is described as a 'stunning example' and a 'Historic Cultural Monument,' suggesting meticulous maintenance and updates. While the kitchen appears to be in excellent, modern condition, the overall property, given its age, likely falls into the 'extensively renovated within 5 to 15 years' category, making it move-in ready with well-maintained systems and no immediate renovation required, aligning with a 'Good' condition score.
Pros & Cons

Pros

Architectural Significance: Designed by the esteemed Edward H. Fickett, FAIA, in 1954, this mid-century modern home is a designated Historic Cultural Monument, appealing to architectural enthusiasts.
Panoramic Views: The property boasts breathtaking panoramic views of the city, Griffith Park Observatory, and other landmarks, enhancing its desirability and value.
Mills Act Tax Benefits: As a Historic Cultural Monument, the Grier House benefits from the Mills Act, providing significant property tax savings for the owner.
Seamless Indoor-Outdoor Living: Expansive walls of glass, floor-to-ceiling windows, sliding doors, and multiple large open decks create a seamless blend of indoor and outdoor living spaces.
Modern & Open Design: Features an open floor plan and a sleek, modern stainless steel kitchen, making it ideal for contemporary living and entertaining.

Cons

Significant Price Discrepancy: The current list price of $2.195M is substantially higher than the estimated property value of $1.53M, potentially indicating overpricing and affecting market appeal.
Limited Bedrooms/Square Footage: With only 2 bedrooms and 1,363 sqft, the property offers limited living space for its price point, which may restrict the buyer pool.
Historic Property Restrictions: While a strength, its status as a Historic Cultural Monument may impose restrictions on future renovations or modifications, which could be a drawback for some buyers.

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