7874 Fareholm Drive, Los Angeles, California 90046, Los Angeles, 90046 - 3 bed, 4 bath

7874 Fareholm Drive, Los Angeles, California 90046 home-pic-0
ACTIVE$3,500,000
7874 Fareholm Drive, Los Angeles, California 90046
3Beds
4Baths
2,600Sqft
6,998Lot
Year Built
1937
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
$1,346
HOA
-
Days on market
-
Sold On
-
MLS number
25518945
Home ConditionExcellent
Features
Excellent View: City Lights, Panoramic
Deck
Spa
ViewCity Lights,Panoramic

About this home

Possibly Over-Priced:The estimated price is 24% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.50M(81th), sqft - 2600(60th), beds - 3(50th), baths - 4(64th).

This stunning Hollywood Hills Spanish home offers expansive views from Downtown LA to the west coast. The private front courtyard provides a warm welcome to guests, leading you into the main floor entry. Upon entering, you'll find an open living space complete with a cozy fireplace and large sliding glass doors that perfectly frame the breathtaking view.The spacious dining area flows seamlessly into a thoughtfully designed gourmet kitchen with a breakfast bar, making it perfect for entertaining. The main level also opens to a deck, leading you to an upper-level gazebo ideal for dining al fresco. The lower level features a luxurious primary suite with vaulted beamed ceilings, walk-in closets, and sliding glass doors that lead to an outdoor spa. The spa-like bathroom is complete with a two-sink vanity, Toto commode, custom oversized shower, and a soaking tub. Additionally, the lower level includes a second en-suite, a laundry room, and a family room that opens to another lower deck. The spacious guest house or third en-suite offers endless possibilities whether you need a home office, a guest bedroom, or a personal gym, this flexible space adapts to your needs. A large south-facing sliding window bathes the room in natural light and provides stunning views, creating a bright and welcoming environment. Outdoor living is truly spectacular, with multiple deck areas spread across different levels, perfect for entertaining, lounging, or enjoying the spa, all while taking in panoramic views.This home is full of attention to detail, including custom lighting throughout, high beamed ceilings, and wood plank floors. Features such as automatic blinds in the living room, dining room, kitchen, and master bedroom, designer shades on windows in the second en-suite and guest house, in-wall surround speakers in the living room and primary bedroom, RCI universal remote controls in the living room, master, and guest bedrooms, and a smart home system with 16 cameras and controlled access make this a truly modern and secure retreat. This home is truly one-of-a-kind and is an absolute must-see! (See photos, 3D Tours & Floorplans).

Nearby schools

7/10
Gardner Street Elementary School
Public,K-60.6mi
9/10
Wonderland Avenue Elementary School
Public,K-51.3mi
9/10
West Hollywood Elementary School
Public,K-51.8mi
8/10
Valley View Elementary School
Public,K-61.8mi
7/10
Rio Vista Elementary School
Public,K-53.1mi
3/10
Hubert Howe Bancroft Middle School
Public,6-81.8mi
8/10
Hawthorne Elementary School
Public,K-83.0mi
6/10
Walter Reed Middle School
Public,6-83.7mi
7/10
Fairfax Senior High School
Public,9-121.3mi
6/10
Hollywood Senior High School
Public,9-121.3mi
9/10
Beverly Hills High School
Public,9-124.0mi
8/10
North Hollywood Senior High School
Public,9-124.6mi
6/10
University Senior High School Charter
Public,9-127.0mi
6/10
University Senior High School
Public,9-127.0mi

Price History

Date
Event
Price
12/11/20
Sold
$2,950,000
01/08/02
Sold
$825,000
12/29/99
Sold
$763,000
Condition Rating
Excellent

Despite being built in 1937, this property has undergone an extensive, high-quality, and recent renovation, making it virtually new in terms of condition and features. The gourmet kitchen boasts high-end stainless steel appliances and modern cabinetry, while the spa-like bathrooms feature dual vanities, custom oversized showers, soaking tubs, and Toto commodes. Throughout the home, there are wood plank floors, custom lighting, high beamed ceilings, and a comprehensive smart home system with automatic blinds, surround sound, and 16 cameras. All components meet current quality standards with no visible deferred maintenance, aligning perfectly with an 'excellent' condition score.
Pros & Cons

Pros

Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Panoramic Views: The property boasts expansive, breathtaking panoramic views from Downtown LA to the west coast, enhancing its desirability and value.
Extensive Outdoor Living & Entertaining: Multiple deck areas across different levels, including an upper-level gazebo and an outdoor spa, provide spectacular spaces for entertaining and relaxation.
Versatile Guest House/Flexible Space: A spacious guest house or third en-suite offers significant flexibility for use as a home office, guest bedroom, or personal gym.
Modern Amenities & Smart Home Integration: Equipped with automatic blinds, in-wall surround speakers, universal remote controls, and a 16-camera smart home system, offering convenience and security.
Luxurious Primary Suite & High-End Finishes: Features a luxurious primary suite with vaulted beamed ceilings, walk-in closets, a spa-like bathroom, custom lighting, and wood plank floors, reflecting attention to detail.

Cons

Age of Property: Built in 1937, while offering classic Spanish charm, an older home may present potential for unforeseen maintenance or infrastructure updates beyond the cosmetic and smart home features mentioned.
Significant Price Discrepancy: The current list price of $3.5M is substantially higher than the estimated value of $2.65M, which could impact buyer perception and financing.
Multi-Level Layout: The description indicates multiple levels with various decks and living spaces, suggesting a layout that may involve numerous stairs, potentially limiting appeal for buyers seeking single-level living or those with mobility concerns.

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