1181 Somera Road, Los Angeles, California 90077, Los Angeles, 90077 - 4 bed, 4 bath
ACTIVE$3,900,000
1181 Somera Road, Los Angeles, California 90077
4Beds
4Baths
2,994Sqft
32,998Lot
Year Built
1976
Close
-
List price
$3.9M
Original List price
$4.85M
Price/Sqft
$1,303
HOA
-
Days on market
-
Sold On
-
MLS number
24458111
Home ConditionPoor
Features
Excellent View: City Lights, Canyon
Pool
Spa
Patio
ViewCity Lights,Canyon
About this home
Possibly Over-Priced:The estimated price is 19% below the list price. We found 3 Cons,7 Pros. Rank: price - $3.90M(57th), sqft - 2994(46th), beds - 4(50th), baths - 4(50th).
UNRIVALED OPPORTUNITY AWAITS IN PRIME BEL AIR. NESTLED UP A LONG PRIVATE DRIVE, THIS RARE JEWEL OFFERS UNLIMITED POTENTIAL. TREMENDOUS PRIVACY AND FOREVER VIEWS. THIS EXPANSIVE 33,000 SF LOT IS PERFECT FOR A BUILDER OR OWNER USER WHO HAS A VISION AND WANTS TO CREATE THEIR OWN SANCTUARY ON SPRAWLING GROUNDS, WITH BREATHTAKING VISTAS IN ALL DIRECTIONS. THE HOUSE FEATURES HIGH CEILINGS, AN OPEN FLOOR PLAN AND TONS OF SUNLIGHT THROUGHOUT. FORMAL ENTRANCE, GRACIOUS LIVING ROOM AND FORMAL DINING AREA OVERLOOKING POOL. 4 LARGE BEDROOMS /4 BATHS. DIRECT ACCESS GARAGE. DON'T MISS THIS EXTRAORDINARY OPPORTUNITY.
Nearby schools
9/10
Roscomare Road Elementary School
Public,•K-5•1.8mi
9/10
Warner Avenue Elementary School
Public,•K-5•2.2mi
2/10
Van Nuys Middle School
Public,•6-8•5.2mi
6/10
University Senior High School
Public,•9-12•3.4mi
6/10
University Senior High School Charter
Public,•9-12•3.4mi
6/10
Van Nuys Senior High School
Public,•9-12•6.5mi
Condition Rating
Poor
Built in 1976, the property is significantly outdated and requires substantial rehabilitation. The kitchen features very old white appliances, dated cabinetry, and countertops, necessitating a complete renovation. Bathrooms also show original or very old fixtures and finishes, requiring full modernization. While the structure appears sound with high ceilings and an open floor plan, the interior aesthetics, including flooring and light fixtures, are from a bygone era, indicating a need for comprehensive updates rather than minor repairs to meet current standards, especially for a prime Bel Air location.
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 = 32998, living area = 2994.
Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Prime Bel Air Location & Privacy: Nestled up a long private drive in prime Bel Air, the property offers unrivaled privacy and exclusivity, a highly sought-after attribute in this prestigious neighborhood.
Expansive Lot & Development Potential: The expansive 33,000 sq ft lot presents a significant opportunity for a builder or owner-user to create a custom sanctuary, allowing for substantial personalization and development.
Breathtaking & Forever Views: The property boasts 'forever views' and 'breathtaking vistas in all directions,' including city lights and canyon views, significantly enhancing its appeal and value.
Architectural Features & Natural Light: The house features high ceilings, an open floor plan, and abundant natural sunlight throughout, creating a bright and spacious living environment.
Functional Layout & Existing Amenities: The current layout includes a formal entrance, gracious living room, formal dining area overlooking a pool, 4 large bedrooms/4 baths, and a direct access garage, providing a solid foundation for renovation.
Cons
Significant Price Discrepancy & Market Adjustment: The property has seen a substantial price reduction from its original list price of $4.85M to $3.9M, and its current listing price is 19% above the estimated value of $3.15M, suggesting potential overvaluation or market resistance.
Age of Property & Implied Renovation Needs: Built in 1976, the property's age, combined with the description's emphasis on 'unlimited potential' and 'vision,' strongly implies that significant renovation and modernization will be required to meet current luxury standards in Bel Air.
Lack of Modern Updates & Finishes: The description highlights structural and spatial qualities but does not mention recent high-end renovations, smart home technology, or contemporary luxury finishes, which are typically expected in this market segment and price point.