14342 Mulholland Drive, Los Angeles, California 90077, Los Angeles, 90077 - 5 bed, 5 bath

14342 Mulholland Drive, Los Angeles, California 90077 home-pic-0
ACTIVE$2,588,000
14342 Mulholland Drive, Los Angeles, California 90077
5Beds
5Baths
3,232Sqft
27,912Lot

Price Vs. Estimate

The estimated value ($2,588,000) is $0 (0%) lower than the list price ($2,588,000). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Views: The property boasts extensive panoramic views from multiple vantage points, including the primary suite balcony, enhancing its luxury appeal and value in a view-centric market.
Top Cons:
Significant Price Reduction: A 'HUGE PRICE REDUCTION' from the original list price may signal that the property has been on the market for an extended period or was initially overpriced, potentially raising buyer questions.

Compared to the nearby listings

Price:$2.59M vs avg $3.37M ($-784,500)32%
Size:3,232 sqft vs avg 3,409 sqft47%
Price/sqft:$801 vs avg $92031%

More Insights

Built in 1961 (64 years old).
Condition: Built in 1961, this property is over 60 years old. While the description notes positive updates like 'newer windows,' 'fresh paint,' 'wood floors,' 'recessed lighting,' and 'skylights,' these indicate regular maintenance and some modernization rather than a full, recent renovation. The absence of specific details or images regarding the kitchen and bathroom styles, features, and condition suggests these areas are likely functional but may be outdated, consistent with a property that has been maintained but not fully modernized within the last 15 years. It requires minor updates to meet contemporary standards, fitting the 'Fair' condition.
Year Built
1961
Close
-
List price
$2.59M
Original List price
$2.89M
Price/Sqft
$801
HOA
-
Days on market
-
Sold On
-
MLS number
SR25036003
Home ConditionFair
Features
Excellent View: Panoramic
Deck
Pool
ViewPanoramic

About this home

HUGE PRICE REDUCTION!!! Opportunity Knocks! Views Views and More Views in Upper Bel Air! Opportunity Knocks! This stunning Bel-Air home sits on a large flat lot and is located on a fantastic cul-de-sac. The panoramic views dazzle the pickiest of guests. Enjoy over 3200 ft.² of lovely open floor plan. Featuring a light, bright, vibrant vibe throughout. Downstairs find four bedrooms, including a junior master suite with its own en-suite bath, wood floors, fresh paint, gorgeous stone fireplace, newer windows and stunning views! Upstairs find the primary suite, spacious en-suite, walk-in closet, balcony with even more stunning views +++. Outside, find a large grassy area, Pool, deck and more panoramic views. This home also features a two car attached garage, recessed, lighting, skylights and is located in coveted upper Bel-Air.

Price History

Date
Event
Price
09/23/03
Sold
$1,250,000
Condition Rating
Fair

Built in 1961, this property is over 60 years old. While the description notes positive updates like 'newer windows,' 'fresh paint,' 'wood floors,' 'recessed lighting,' and 'skylights,' these indicate regular maintenance and some modernization rather than a full, recent renovation. The absence of specific details or images regarding the kitchen and bathroom styles, features, and condition suggests these areas are likely functional but may be outdated, consistent with a property that has been maintained but not fully modernized within the last 15 years. It requires minor updates to meet contemporary standards, fitting the 'Fair' condition.
Pros & Cons

Pros

Panoramic Views: The property boasts extensive panoramic views from multiple vantage points, including the primary suite balcony, enhancing its luxury appeal and value in a view-centric market.
Prime Bel Air Location: Situated on a large flat lot in a fantastic cul-de-sac within coveted Upper Bel Air, this location offers prestige, privacy, and desirability.
Spacious Layout & Amenities: With over 3200 sqft, 5 beds/5 baths, an open floor plan, and dedicated junior and primary suites, the home provides ample space and functional living arrangements.
Outdoor Living & Entertainment: The large flat lot features a generous grassy area, a pool, and a deck, creating an ideal setting for outdoor recreation and entertaining.
Recent Cosmetic Updates: The home benefits from recent updates including wood floors, fresh paint, newer windows, recessed lighting, and skylights, contributing to a light, bright, and vibrant interior.

Cons

Significant Price Reduction: A 'HUGE PRICE REDUCTION' from the original list price may signal that the property has been on the market for an extended period or was initially overpriced, potentially raising buyer questions.
Age of Property: Built in 1961, while some cosmetic updates are noted, the underlying infrastructure (e.g., plumbing, electrical, HVAC systems) may be original or require further significant upgrades to meet modern standards and efficiency expectations.
Potential for Further Modernization: Despite recent updates, the description does not detail high-end, contemporary renovations to key areas like the kitchen or bathrooms, which discerning buyers in this luxury market often expect.

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