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2744 Cardwell Place, Los Angeles, California 90046, Los Angeles, 90046 - 3 bed, 4 bath

2744 Cardwell Place, Los Angeles, California 90046 home-pic-0
ACTIVE$4,350,000
2744 Cardwell Place, Los Angeles, California 90046
3Beds
4Baths
3,387Sqft
34,627Lot
Year Built
1962
Close
-
List price
$4.35M
Original List price
$4.98M
Price/Sqft
$1,284
HOA
-
Days on market
-
Sold On
-
MLS number
SB24023106
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Mountain(s)
Pool
Spa
Patio
ViewCity Lights,Hills,Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 23% below the list price. We found 3 Cons,7 Pros. Rank: price - $4.35M(91th), sqft - 3387(78th), beds - 3(50th), baths - 4(64th).

$630,000 Price Reduction from original listing price, Motivated Seller. Welcome to 2744 Cardwell PL., located in the prestigious Hollywood Hills. This architectural excellence is stunning restored mid-century masterpiece with head-on jetliner city views nestled on the top of hills just off Woodrow Wilson Drive. This architectural designer home is a single level open floor plan with 3 Bedrooms and 4 bathrooms boasting approximately 3,387 SQF of living space offering stunning city view, mountain view and superior privacy. The open floor plan seamlessly connects custom design Chef's kitchen with custom built center island, cozy living spaces with fireplace, all opening to views and expansive lawn & pool areas. Round shaped huge living room opening to the explosive city views, pool and expansive entertaining patios for you relax, entertaining space, you can use as your image. Resort like pool area & heated pool & spa offering entertaining area resembling a luxury resort. This mid-century mixed with contemporary style house is your dream house with white canvas. You can enjoy decollating, color with your own image & taste.

Nearby schools

9/10
Wonderland Avenue Elementary School
Public,•K-5•0.9mi
8/10
Valley View Elementary School
Public,•K-6•1.3mi
7/10
Gardner Street Elementary School
Public,•K-6•1.7mi
7/10
Rio Vista Elementary School
Public,•K-5•1.8mi
9/10
West Hollywood Elementary School
Public,•K-5•2.5mi
6/10
Walter Reed Middle School
Public,•6-8•2.4mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•2.9mi
8/10
Hawthorne Elementary School
Public,•K-8•3.7mi
6/10
Hollywood Senior High School
Public,•9-12•2.2mi
7/10
Fairfax Senior High School
Public,•9-12•2.6mi
8/10
North Hollywood Senior High School
Public,•9-12•3.3mi
9/10
Beverly Hills High School
Public,•9-12•4.8mi
6/10
University Senior High School Charter
Public,•9-12•7.5mi
6/10
University Senior High School
Public,•9-12•7.5mi

Price History

Date
Event
Price
06/03/16
Sold
$3,950,000
08/15/14
Sold
$1,850,000
Condition Rating
Excellent
Despite being built in 1962, this property has undergone a stunning and extensive restoration, transforming it into a contemporary masterpiece. The kitchen features custom-designed cabinetry, high-end stainless steel appliances, and a modern island with a waterfall edge, all appearing virtually new. Bathrooms are equally impressive with floating vanities, sleek fixtures, and large format tiling. Throughout the home, modern flooring, recessed lighting, and clean finishes indicate a very recent and high-quality renovation. The exterior, including the resort-like pool and spa, is meticulously maintained, showcasing no deferred maintenance. This property meets the criteria for 'Excellent' due to its comprehensive and recent high-quality renovation.
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 = 34627, living area = 3387.
Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Location & Panoramic Views: Located in the prestigious Hollywood Hills, the property offers head-on jetliner city views, mountain views, and superior privacy from its elevated position.
Architectural Excellence & Restoration: A stunning restored mid-century masterpiece, showcasing architectural excellence and a unique blend of classic and contemporary style.
Luxurious Amenities & Entertaining Spaces: Features a resort-like heated pool & spa, expansive entertaining patios, and a custom-designed Chef's kitchen with a center island, ideal for hosting.
Spacious & Open Floor Plan: Boasts a single-level open floor plan with approximately 3,387 sqft of living space, including a unique round-shaped living room, promoting seamless indoor-outdoor living.
Generous Lot Size: Situated on a substantial 34,627 sqft lot, providing ample outdoor space, enhanced privacy, and potential for further landscaping or development.

Cons

Significant Price Discrepancy: The current listing price of $4.35M is substantially higher (23% above) the property's estimated value of $3.31M, indicating a potential overvaluation in the current market.
Market Resistance & Price History: A $630,000 price reduction from the original listing price and the 'Motivated Seller' status suggest the property has faced challenges in attracting buyers at its initial price point, potentially signaling market resistance.
Limited Bedroom Count for Price Point: With 3 bedrooms, the property offers a lower bedroom count compared to some comparable luxury properties in this price range, which might limit its appeal to larger families or those desiring more guest accommodations.

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