7979 Mulholland Drive, Los Angeles, California 90046, Los Angeles, 90046 - 3 bed, 4 bath
ACTIVE$4,490,000
7979 Mulholland Drive, Los Angeles, California 90046
3Beds
4Baths
4,064Sqft
11,346Lot
Year Built
1964
Close
-
List price
$4.49M
Original List price
$4.49M
Price/Sqft
$1,105
HOA
-
Days on market
-
Sold On
-
MLS number
25488813
Home ConditionExcellent
Features
Excellent View: City Lights, Canyon, Hills, Mountain(s), Pool, Valley
Pool
Patio
ViewCity Lights,Canyon,Hills,Mountain(s),Pool,Valley
About this home
Possibly Over-Priced:The estimated price is 31% below the list price. We found 3 Cons,5 Pros. Rank: price - $4.49M(91th), sqft - 4064(88th), beds - 3(50th), baths - 4(64th).
Extraordinary gem, doesn't get better than this! Architecturally stunning, private one-story home with oversized rooms and a seamless incredible indoor-outdoor vibe. Fantastic pool area with outdoor office/ pool house. Too many upgrades to mention (see Documents). Most convenient location, tons of off street parking. Show cold.
Price History
Date
Event
Price
10/29/15
Sold
$3,347,500
07/11/12
Sold
$3,254,032
05/06/11
Sold
$1,235,000
Condition Rating
Excellent
Despite being built in 1964, the property has clearly undergone an extensive, high-quality renovation. The images showcase a modern, sleek kitchen with high-end stainless steel appliances, contemporary cabinetry, and a large island. Bathrooms feature modern floating vanities, stylish tiling, and glass-enclosed showers, all indicative of recent updates. The overall aesthetic, flooring, and light fixtures throughout the home are current and in pristine condition, suggesting a full renovation within the last 5 years, meeting current quality standards with no visible deferred maintenance.
Pros & Cons
Pros
Architectural Design & Indoor-Outdoor Flow: The property is described as 'architecturally stunning' with 'oversized rooms' and a 'seamless incredible indoor-outdoor vibe,' appealing to buyers seeking unique design and a desirable California lifestyle.
Prime Location & Panoramic Views: Situated on prestigious Mulholland Drive, the home boasts 'most convenient location' and offers extensive views including 'City Lights, Canyon, Hills, Mountain(s), Pool, Valley,' enhancing its desirability and value.
Exceptional Outdoor Amenities: Features a 'fantastic pool area with outdoor office/pool house,' providing versatile spaces for recreation, work, and entertaining, which is a significant lifestyle enhancement.
Extensive Upgrades: The description highlights 'too many upgrades to mention,' indicating significant investment in modernizing the property and potentially reducing immediate buyer expenses.
Privacy & Ample Parking: As a 'private one-story home' with 'tons of off street parking,' it offers highly sought-after privacy and convenience, especially in a dense urban area like Los Angeles.
Cons
Significant Price Discrepancy: The listing price of $4.49M is 31% higher than the estimated value of $3.065M, which may indicate potential overpricing or a challenging valuation for prospective buyers.
Age of Construction (1964): Despite mentioned upgrades, the property's original construction year of 1964 could imply older underlying infrastructure or systems that may require future maintenance or updates not explicitly covered by current renovations.
Vague Upgrade Details: The phrase 'Too many upgrades to mention (see Documents)' requires buyers to seek out additional documentation to fully understand the scope and quality of renovations, potentially creating an initial barrier or uncertainty.