6613 Whitley Terrace, Los Angeles, California 90068, Los Angeles, 90068 - 3 bed, 3 bath

6613 Whitley Terrace, Los Angeles, California 90068 home-pic-0
ACTIVE$3,300,000
6613 Whitley Terrace, Los Angeles, California 90068
3Beds
3Baths
2,720Sqft
6,347Lot
Year Built
1922
Close
-
List price
$3.3M
Original List price
$3.3M
Price/Sqft
$1,213
HOA
-
Days on market
-
Sold On
-
MLS number
25555303
Home ConditionFair
Features
Excellent View: City Lights
Pool
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 24% below the list price. We found 3 Cons,5 Pros. Rank: price - $3.30M(86th), sqft - 2720(63th), beds - 3(50th), baths - 3(50th).

Elevated above the city in the infamous Hollywood Hills, this exquisite Mediterranean estate embodies timeless and serene luxury. Featuring 3 bedrooms and 3 bathrooms, every detail of the residence has been thoughtfully curated from elegant archways and rich finishes to sweeping open spaces bathed in natural light. The resort-style backyard is a true sanctuary, complete with a shimmering pool and panoramic views that unveil a fabulous view of the city. Perfectly positioned for privacy yet moments away from the vibrancy of the Sunset Strip.

Nearby schools

4/10
Selma Avenue Elementary School
Public,K-60.5mi
6/10
Cheremoya Avenue Elementary School
Public,K-60.8mi
7/10
Gardner Street Elementary School
Public,K-61.2mi
4/10
Grant Elementary School
Public,K-61.3mi
8/10
Valley View Elementary School
Public,K-61.3mi
7/10
Los Feliz STEMM Magnet
Public,K-62.4mi
7/10
Rio Vista Elementary School
Public,K-53.4mi
8/10
R. L. Stevenson Elementary School
Public,K-53.6mi
3/10
Joseph Le Conte Middle School
Public,6-81.3mi
3/10
Hubert Howe Bancroft Middle School
Public,6-81.3mi
6/10
Thomas Starr King Middle School
Public,6-83.1mi
5/10
David Starr Jordan Middle School
Public,6-84.2mi
6/10
Walter Reed Middle School
Public,6-84.3mi
6/10
Hollywood Senior High School
Public,9-120.7mi
7/10
Fairfax Senior High School
Public,9-122.2mi
8/10
John Marshall Senior High School
Public,9-123.2mi
7/10
Burroughs High School
Public,9-124.4mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,7-125.0mi
8/10
North Hollywood Senior High School
Public,9-125.1mi

Price History

Date
Event
Price
10/27/05
Sold
$1,435,000
04/30/97
Sold
$62,000
04/30/97
Sold
$67,500
04/30/97
Sold
$22,500
04/30/97
Sold
$56,500
04/30/97
Sold
$37,000
04/30/97
Sold
$37,000
04/30/97
Sold
$19,500
04/30/97
Sold
$37,000
Condition Rating
Fair

The property, built in 1922, boasts a 'timeless and serene luxury' with 'elegant archways and rich finishes,' suggesting aesthetic upkeep or renovations. However, the listing explicitly notes a 'Lack of Explicit Modern System Upgrades' for HVAC, plumbing, electrical, and roof. While cosmetically appealing, the major systems are likely outdated and will require future capital expenditures, aligning with a 'Fair' condition where major components are functional but show signs of being outdated, requiring minor updates or repairs.
Pros & Cons

Pros

Prime Hollywood Hills Location: Elevated above the city in the infamous Hollywood Hills, the property offers a prestigious address, privacy, and convenient access to the vibrant Sunset Strip, appealing to a luxury lifestyle buyer.
Timeless Mediterranean Architecture: The exquisite Mediterranean estate embodies timeless and serene luxury, featuring elegant archways, rich finishes, and sweeping open spaces, which are highly sought after in this market.
Panoramic City Views: The property boasts fabulous panoramic city views, a premium amenity in the Hollywood Hills that significantly enhances desirability and value.
Resort-Style Backyard with Pool: A true sanctuary, the resort-style backyard complete with a shimmering pool provides exceptional outdoor living and entertaining space, a key feature for luxury properties.
Spacious Interior Living: With 2720 sqft, the 3-bedroom, 3-bathroom residence offers generous interior living space, exceeding the square footage of several recently sold comparable properties in the immediate area.

Cons

Significant Overpricing: The current list price of $3.3 million is substantially higher than the estimated property value of $2.479 million (a 24% difference) and recent comparable sales, potentially limiting buyer interest and extending market time.
Lack of Explicit Modern System Upgrades: While aesthetically curated, the property description does not detail recent major system upgrades (e.g., HVAC, plumbing, electrical, roof) that buyers often expect in luxury homes of this 1922 vintage, potentially implying future capital expenditures.
Competitive Market Positioning: Compared to recently sold properties in the area, such as a gut-renovated Spanish Revival with ADU potential that sold for $2.875 million, the subject property's higher price point without explicit mention of similar comprehensive modernizations may make it less competitive.

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