3120 Elvido Drive, Los Angeles, California 90049, Los Angeles, - bed, bath

home-pic
ACTIVE$2,100,000
3120 Elvido Drive, Los Angeles, California 90049
4Beds
5Baths
3,800Sqft
11,731Lot
Year Built
1967
Close
-
List price
$2.1M
Original List price
$2.7M
Price/Sqft
-
HOA
$1,750
Days on market
-
Sold On
-
MLS number
24456911
Home ConditionFair
Features
Good View: City Lights, Hills, Mountain(s), Peek-A-Boo
ViewCity Lights,Hills,Mountain(s),Peek-A-Boo

About this home

Discover the huge potential of this exceptional single-story home in the coveted Bel Air Skycrest community! With stunning panoramic city and hillside views, this private and peaceful four bedroom, 5 bathroom gem presents an ideal opportunity for either a remodel or the construction of a brand-new estate. Permits for a new construction home are expected within days and may be delivered prior to close of escrow. The property combines tranquility and security with convenient access to Beverly Hills, Bel Air, Brentwood, and the Valley, making it ideally located for those seeking ease and accessibility. Families will appreciate its location within the award-winning Roscomare Road Elementary district and its proximity to some of Los Angeles' top private schools. Whether you enhance the existing home or build your dream residence, this property represents a rare chance to create a masterpiece in one of Bel Air's most sought-after neighborhoods.

Nearby schools

8/10
Lanai Road Elementary School
Public,K-51.4mi
9/10
Roscomare Road Elementary School
Public,K-51.6mi
9/10
Warner Avenue Elementary School
Public,K-55.2mi
5/10
Brentwood Science School
Public,K-55.5mi
9/10
Fairburn Avenue Elementary School
Public,K-55.9mi
5/10
Brockton Avenue Elementary School
Public,K-56.0mi
9/10
Franklin Elementary School
Public,PK-56.2mi
7/10
Nora Sterry Elementary School
Public,K-56.3mi
6/10
Gaspar De Portola Middle School
Public,6-84.0mi
5/10
William Mulholland Middle School
Public,6-84.3mi
8/10
Lincoln Middle School
Public,6-86.9mi
6/10
Van Nuys Senior High School
Public,9-124.6mi
6/10
University Senior High School
Public,9-126.0mi
6/10
University Senior High School Charter
Public,9-126.0mi
8/10
Santa Monica High School
Public,9-128.1mi

Price History

Date
Event
Price
11/15/04
Sold
$1,675,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (140 Listings)
Beds44
50%
Baths54
55%
Square foot3,8003,465
59%
Lot Size11,73112,833
48%
Price$2.1M$4.15M
6%
Price per square foot$553$1,304
2%
Built year19671960
66%
HOA$1,750
0%
Days on market375177
96%
Condition Rating
Fair

The property was built in 1967, which is over 50 years ago. The listing mentions the potential for remodel or new construction, suggesting the existing structure is aged. The images show the exterior and renderings of a new construction, but not the current interior conditions. Given the age and the suggestion of remodel, a 'fair' rating is appropriate, indicating it requires updates but is maintained.
Pros & Cons

Pros

Prime Location: Located in the highly desirable Bel Air Skycrest community, offering prestige and exclusivity.
Panoramic Views: Stunning panoramic city and hillside views enhance the property's appeal and value.
Development Potential: Ideal opportunity for remodel or new construction, with permits for a new home expected soon.
Excellent School District: Located within the award-winning Roscomare Road Elementary district, appealing to families.
Convenient Access: Proximity to Beverly Hills, Bel Air, Brentwood, and the Valley provides easy access to amenities and services.

Cons

Age of Property: Built in 1967, the existing structure may require significant updates or renovations.
Renovation Required: The property is presented as an opportunity for remodel or new construction, implying current state may not be move-in ready for some buyers.
Price Point: While offering potential, the price point may be considered high relative to the work needed to bring the property to its full potential.

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