960 Stradella Road, Los Angeles, California 90077, Los Angeles, 90077 - 5 bed, 6 bath
ACTIVE$8,975,000
960 Stradella Road, Los Angeles, California 90077
5Beds
6Baths
4,320Sqft
79,722Lot
Year Built
1962
Close
-
List price
$8.97M
Original List price
$8.97M
Price/Sqft
$2,078
HOA
-
Days on market
-
Sold On
-
MLS number
21795538
Home ConditionFair
Features
Excellent View: City Lights, Hills, Panoramic, Trees/Woods
Pool
Patio
ViewCity Lights,Hills,Panoramic,Trees/Woods
About this home
We found 3 Cons,7 Pros. Rank: price - $8.97M(82th), sqft - 4320(66th), beds - 5(60th), baths - 6(66th).
Nearby schools
9/10
Warner Avenue Elementary School
Public,•K-5•1.6mi
9/10
Roscomare Road Elementary School
Public,•K-5•2.2mi
2/10
Van Nuys Middle School
Public,•6-8•5.5mi
6/10
University Senior High School
Public,•9-12•3.1mi
6/10
University Senior High School Charter
Public,•9-12•3.1mi
6/10
Van Nuys Senior High School
Public,•9-12•6.9mi
Price History
Date
Event
Price
08/11/22
Sold
$5,100,000
05/09/22
Sold
$7,600,000
12/20/13
Sold
$5,150,000
12/08/06
Sold
$3,950,000
Condition Rating
Fair
Built in 1962, this property retains its mid-century modern architectural style but the interior finishes, particularly the kitchen and bathrooms, are significantly dated. The kitchen features older appliances and cabinet styles, while bathrooms show 80s/90s aesthetics with gold fixtures, mirrored walls, and older tile/shower enclosures. While the home appears well-maintained and functional, it requires substantial cosmetic updates to meet current luxury standards and buyer expectations, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 79722, living area = 4320.
Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Prime Location: Situated in the highly exclusive and prestigious Bel Air - Holmby Hills area (90077), offering significant prestige and desirability within the Los Angeles luxury market.
Expansive Lot Size: An exceptionally large lot of 79,722 sqft (approximately 1.83 acres) provides rare privacy, ample outdoor space, and potential for future development or expansion.
Panoramic Views: Boasts desirable panoramic views including City Lights, Hills, and Trees/Woods, which are highly sought after amenities in the Los Angeles luxury real estate market.
Generous Accommodations: Features 5 bedrooms and 6 bathrooms, providing ample space suitable for a large family or for entertaining guests.
Top-Rated Elementary Schools: Proximity to highly-rated elementary schools such as Warner Avenue and Roscomare Road (both rated 9) is a significant draw for families.
Cons
Property Age & Potential for Updates: Built in 1962, the property may require significant modernization and updates to meet current luxury standards and buyer expectations, potentially incurring substantial renovation costs.
Extended Market Time & Price History Concerns: An on-market date from October 2021 suggests a prolonged listing period, potentially indicating overpricing or other challenges. The conflicting sales history in 2022 (7.6M then 5.1M) also raises questions about valuation stability.
High Price Point for Condition: The nearly $9 million list price, combined with the property's age and potential need for extensive renovations, could present a challenge in attracting buyers seeking move-in ready luxury.