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8011 Fareholm Drive, Los Angeles, California 90046, Los Angeles, 90046 - 3 bed, 2 bath

8011 Fareholm Drive, Los Angeles, California 90046 home-pic-0
ACTIVE$1,975,000
8011 Fareholm Drive, Los Angeles, California 90046
3Beds
2Baths
1,488Sqft
4,244Lot
Year Built
1956
Close
-
List price
$1.98M
Original List price
$1.98M
Price/Sqft
$1,327
HOA
-
Days on market
-
Sold On
-
MLS number
25503865
Home ConditionExcellent
Features
Excellent View: City Lights, Panoramic
Deck
ViewCity Lights,Panoramic

About this home

Possibly Over-Priced:The estimated price is 27% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.98M(39th), sqft - 1488(23th), beds - 3(50th), baths - 2(37th).

Breathtaking Panoramic VIEWS from DTLA, Century City & to the Ocean. ALL on one level with 3 outdoor areas. This vibrant chic designed, recent remodel home offering 3 bedrooms, 2 bathrooms. Wood flooring through out with gourmet kitchen: stainless appliances, stone counter top and designed cabinets. Lots windows over see the city view from Kitchen and Living room. Lots of natural sunlight. Open floor plan with a sleek liquid fire place in the living room and another built in fire place. Each bedroom serves as a cozy escape, & bathrooms feature modern fixtures to enhance your daily routine. Multiple outdoor spaces with a fire pit, seating areas. & let's not forget the dazzling city lights view in the night. with every detail designed for comfort, inspiring LA life style that feels uniquely yours

Nearby schools

7/10
Gardner Street Elementary School
Public,•K-6•0.7mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•1.2mi
9/10
West Hollywood Elementary School
Public,•K-5•1.7mi
8/10
Valley View Elementary School
Public,•K-6•1.9mi
7/10
Rio Vista Elementary School
Public,•K-5•3.1mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•1.9mi
8/10
Hawthorne Elementary School
Public,•K-8•2.9mi
6/10
Walter Reed Middle School
Public,•6-8•3.7mi
7/10
Fairfax Senior High School
Public,•9-12•1.3mi
6/10
Hollywood Senior High School
Public,•9-12•1.5mi
9/10
Beverly Hills High School
Public,•9-12•3.9mi
8/10
North Hollywood Senior High School
Public,•9-12•4.6mi
6/10
University Senior High School Charter
Public,•9-12•6.8mi
6/10
University Senior High School
Public,•9-12•6.8mi

Price History

Date
Event
Price
03/22/21
Sold
$1,450,000
11/12/97
Sold
$480,000
03/22/94
Sold
$400,000
Condition Rating
Excellent
Despite being built in 1956, this property has undergone a recent and extensive remodel, as stated in the description and clearly evident in the images. The gourmet kitchen features modern stainless steel appliances, stone countertops, and designer flat-panel cabinets, all in pristine condition. Bathrooms are described with modern fixtures. The home boasts wood flooring throughout the main living areas, stylish light fixtures, and a chic, contemporary design with no signs of wear or deferred maintenance. All components appear new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Panoramic Views: Offers breathtaking panoramic views of Downtown LA, Century City, and the Ocean, including dazzling city lights at night, significantly enhancing its desirability and value.
Recent Remodel & Chic Design: The home boasts a vibrant, chic design and has undergone a recent remodel, featuring modern aesthetics, wood flooring, and updated fixtures throughout.
Gourmet Kitchen: Equipped with a gourmet kitchen featuring stainless steel appliances, stone countertops, and designer cabinets, appealing to those who value modern culinary spaces.
Single-Level Living & Outdoor Spaces: All living areas are conveniently on one level, complemented by three distinct outdoor areas, including a fire pit and seating, perfect for entertaining and enjoying the views.
Open Floor Plan & Natural Light: An open floor plan, abundant natural sunlight, and a sleek liquid fireplace create a bright, inviting, and contemporary living environment.

Cons

Age of Property: Built in 1956, despite a recent remodel, the underlying structure's age may present potential for unforeseen maintenance or system updates beyond cosmetic improvements.
Lack of Cooling System Mention: The description highlights fireplaces and natural light but makes no mention of a cooling system (e.g., central AC), which could be a significant drawback in Los Angeles' climate.
Price Discrepancy: The listing price of $1.975M is significantly higher than the estimated value of $1.43M, potentially indicating an aggressive pricing strategy that may deter buyers or complicate financing.

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