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2746 Rinconia Drive, Los Angeles, California 90068, Los Angeles, 90068 - 4 bed, 4 bath

2746 Rinconia Drive, Los Angeles, California 90068 home-pic-0
ACTIVE$2,775,000
2746 Rinconia Drive, Los Angeles, California 90068
4Beds
4Baths
3,586Sqft
6,894Lot
Year Built
2009
Close
-
List price
$2.77M
Original List price
$2.98M
Price/Sqft
$774
HOA
-
Days on market
-
Sold On
-
MLS number
25499095
Home ConditionGood
Features
Excellent View: City Lights, Hills
Deck
Pool
Spa
Patio
ViewCity Lights,Hills

About this home

Possibly Over-Priced:The estimated price is 20% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.77M(80th), sqft - 3586(83th), beds - 4(59th), baths - 4(65th).

Your Dream home just got Dreamier with a HUGE PRICE DROP! Step into this exceptional entertainer's retreat, a Hollywood glass house that combines luxury with convenience. Designed by acclaimed architect Jay Vanos, the home boasts a resort-style open concept with a breathtaking primary bedroom, along with 3 other bedrooms with en suite bathrooms. The beautifully remodeled kitchen contains sleek quartz countertops a built in refridgerator and floor to ceiling windows. Three levels of balconies allow you to enjoy indoor outdoor living and dining with multiple fire pits and a breathtaking infinity pool and spa. The panoramic rooftop deck offers sweeping vistas, perfect for both relaxation and entertainment. Whether you're seeking a dream home or an investor's opportunity, this property is brimming with potential. Located just moments from dining, shopping, trendy restaurants, vibrant nightlife, highways, airports, and Universal Studios, this property offers the ultimate in accessibility and style. The seller is motivated and with some cosmetic updates this is poised to become a true standout.

Nearby schools

6/10
Cheremoya Avenue Elementary School
Public,•K-6•0.9mi
8/10
Valley View Elementary School
Public,•K-6•1.2mi
4/10
Selma Avenue Elementary School
Public,•K-6•1.3mi
4/10
Grant Elementary School
Public,•K-6•1.4mi
7/10
Gardner Street Elementary School
Public,•K-6•1.9mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•2.1mi
8/10
R. L. Stevenson Elementary School
Public,•K-5•3.0mi
7/10
Rio Vista Elementary School
Public,•K-5•3.1mi
3/10
Joseph Le Conte Middle School
Public,•6-8•1.6mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•2.1mi
6/10
Thomas Starr King Middle School
Public,•6-8•3.0mi
5/10
David Starr Jordan Middle School
Public,•6-8•3.4mi
6/10
Walter Reed Middle School
Public,•6-8•4.2mi
6/10
Hollywood Senior High School
Public,•9-12•1.5mi
8/10
John Marshall Senior High School
Public,•9-12•2.9mi
7/10
Fairfax Senior High School
Public,•9-12•3.0mi
7/10
Burroughs High School
Public,•9-12•3.7mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•4.4mi
8/10
North Hollywood Senior High School
Public,•9-12•4.9mi

Price History

Date
Event
Price
07/16/21
Sold
$3,100,000
12/14/10
Sold
$1,650,000
11/15/06
Sold
$360,000
10/03/05
Sold
$320,000
08/06/01
Sold
$60,000
Condition Rating
Good
The property, built in 2009 (15 years old), features a beautifully remodeled kitchen with sleek quartz countertops and built-in appliances, and modern bathrooms with high-end finishes, as evidenced by the images. Hardwood floors are in excellent condition throughout. While the description mentions 'some cosmetic updates' are needed to make it a 'true standout,' the overall condition, modern aesthetic, and high-quality features indicate it is move-in ready with well-maintained systems and minimal wear, aligning perfectly with the 'Good' criteria for a property built within 10-20 years or extensively renovated within 5-15 years.
Pros & Cons

Pros

Architectural Significance & Design: Designed by acclaimed architect Jay Vanos, this 'Hollywood glass house' is an 'exceptional entertainer's retreat' with a resort-style open concept, offering unique and high-end design.
Extensive Luxury Amenities: Features a breathtaking infinity pool and spa, multiple fire pits, three levels of balconies, and a panoramic rooftop deck, providing unparalleled outdoor living and entertainment options.
Premium Location & Accessibility: Strategically located 'just moments from dining, shopping, trendy restaurants, vibrant nightlife, highways, airports, and Universal Studios,' offering ultimate convenience and desirability.
Modern & Upgraded Interiors: Boasts a beautifully remodeled kitchen with sleek quartz countertops, a built-in refrigerator, and floor-to-ceiling windows, along with all four bedrooms featuring en-suite bathrooms, indicating high-end finishes.
Significant Price Reduction & Motivated Seller: A 'HUGE PRICE DROP' from its original list price and a motivated seller, with the current list price ($2.775M) being lower than its last recorded sale price ($3.1M in 2021), presents a compelling investment opportunity.

Cons

Required Cosmetic Updates: The description explicitly states that 'with some cosmetic updates this is poised to become a true standout,' indicating additional investment will be necessary for the buyer to maximize its potential.
Discrepancy with Automated Valuation: The current listing price of $2.775M is significantly higher (20% above) the estimated property value of $2.21M, which may raise questions about market alignment for some buyers despite the recent price drop.
Specialized Appeal: The 'Hollywood glass house' and 'resort-style open concept' design, while luxurious, caters to a specific aesthetic and lifestyle, potentially narrowing the pool of prospective buyers compared to more conventional luxury homes.

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