1000 Stradella Road, Los Angeles, California 90077, Los Angeles, 90077 - 4 bed, 3 bath
ACTIVE$6,450,000
1000 Stradella Road, Los Angeles, California 90077
4Beds
3Baths
Sqft
47,680Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Exclusivity: Situated on 'Billionaire's Row' in prime Bel Air, directly across from 'The One,' offering an unparalleled prestigious address.
Top Cons:
Age and Condition of Existing Structure: Built in 1951, the existing 2BD/2.5BA main residence is likely dated and requires significant investment for remodeling or redevelopment to meet modern luxury standards for the location.
Compared to the nearby listings
Price:$6.45M vs avg $3.50M (+$2,952,500)74%
Size: sqft vs avg 3,409 sqft6%
Price/sqft:$0 vs avg $9206%
More Insights
Built in 1951 (74 years old).
Condition: Built in 1951, the property's description explicitly states the existing structure is 'likely dated and requires significant investment for remodeling or redevelopment to meet modern luxury standards for the location.' While one bathroom appears recently updated with modern marble finishes and a glass shower, the complete absence of main kitchen photos strongly suggests it is outdated and in need of substantial renovation. The property is marketed primarily for its land and redevelopment potential, with the first image being a conceptual rendering of a different, modern home. Although currently tenant-occupied and livable, its overall condition, particularly the implied state of the kitchen and the age of the main residence, necessitates significant rehabilitation to align with current quality standards, fitting the 'poor' category.
Year Built
1951
Close
-
List price
$6.45M
Original List price
$6.95M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
25537197
Home ConditionPoor
Features
Excellent View: City Lights, Canyon, Mountain(s)
Deck
Pool
Spa
Patio
ViewCity Lights,Canyon,Mountain(s)
About this home
Price Improvement Submit All Reasonable Offers! On Billionaire's Row in prime Bel Air, directly across from "The One," this gated 1+ acre property presents an exceptional opportunity with multiple pathways: move in as-is, lease for income, remodel, or design a future trophy estate. With sweeping views from the city skyline to serene canyons and majestic mountains, the existing home features a 2BD / 2.5BA main residence with expansive open living areas and a vast entertaining deck, plus a detached 1BD / 1BA guest house with a bonus room perfect for a studio, gym, or office. Amenities include a pool, jacuzzi, lush gardens, LED landscape lighting, and an integrated indoor/outdoor sound system ideal for elevated California living. Fully livable and currently tenant-occupied, the property offers immediate income potential or end-user flexibility while planning future development. No HOA restrictions. Expired plans, topographic, slope, and geotechnical reports are available to qualified buyers. Conceptual renderings and select interior photos are for illustrative purposes only.
Nearby schools
9/10
Warner Avenue Elementary School
Public,•K-5•1.7mi
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
10/25/21
Sold
$4,100,000
08/16/16
Sold
$2,450,000
10/04/13
Sold
$2,800,000
05/23/06
Sold
$2,375,000
Condition Rating
Poor
Built in 1951, the property's description explicitly states the existing structure is 'likely dated and requires significant investment for remodeling or redevelopment to meet modern luxury standards for the location.' While one bathroom appears recently updated with modern marble finishes and a glass shower, the complete absence of main kitchen photos strongly suggests it is outdated and in need of substantial renovation. The property is marketed primarily for its land and redevelopment potential, with the first image being a conceptual rendering of a different, modern home. Although currently tenant-occupied and livable, its overall condition, particularly the implied state of the kitchen and the age of the main residence, necessitates significant rehabilitation to align with current quality standards, fitting the 'poor' category.
Pros & Cons
Pros
Prime Location & Exclusivity: Situated on 'Billionaire's Row' in prime Bel Air, directly across from 'The One,' offering an unparalleled prestigious address.
Exceptional Development Potential: A generous 1+ acre lot with no HOA restrictions, presenting multiple pathways for a future trophy estate, supported by available expired plans and geotechnical reports.
Panoramic Views: Boasts sweeping, unobstructed views from the city skyline to serene canyons and majestic mountains, enhancing its luxury appeal.
Income & End-User Flexibility: Currently tenant-occupied and fully livable, providing immediate income potential or end-user flexibility while planning future development.
Detached Guest House & Amenities: Includes a detached 1BD/1BA guest house with a bonus room, complemented by a pool, jacuzzi, lush gardens, and integrated indoor/outdoor sound system.
Cons
Age and Condition of Existing Structure: Built in 1951, the existing 2BD/2.5BA main residence is likely dated and requires significant investment for remodeling or redevelopment to meet modern luxury standards for the location.
High Price Point for Redevelopment: The $6.45M list price primarily reflects land value and location, meaning a buyer will incur substantial additional costs to construct a trophy estate, potentially narrowing the buyer pool.
Market Resistance Indication: A recent 'Price Improvement' from $6.95M to $6.45M and the call to 'Submit All Reasonable Offers' suggest potential market resistance or initial overpricing.