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1622 Sunset Plaza Drive, Los Angeles, California 90069, Los Angeles, 90069 - 3 bed, 2 bath

1622 Sunset Plaza Drive, Los Angeles, California 90069 home-pic-0
ACTIVE$2,324,000
1622 Sunset Plaza Drive, Los Angeles, California 90069
3Beds
2Baths
1,980Sqft
4,835Lot
Year Built
1937
Close
-
List price
$2.32M
Original List price
$2.32M
Price/Sqft
$1,174
HOA
-
Days on market
-
Sold On
-
MLS number
24399311
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
Patio
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 17% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.32M(28th), sqft - 1980(22th), beds - 3(50th), baths - 2(14th).

Beautifully updated home great as is or add value. We have quotes for adding a pool, 700 SQFT additional sq footage, and a massive roof top deck with views! Blending traditional charm with modern luxury, the magnificent primary suite occupies the entire upper level and features a spacious sitting area, a private balcony, a beautifully appointed bathroom, customized closets, and stunning views. Downstairs, there are two large bedrooms and an additional full-sized bathroom. The home boasts dark hardwood flooring, Venetian plaster walls, crown moldings, and a spacious cook's kitchen with Carrera marble countertops and Viking stainless steel appliances. Great sized grassy backyard with room for a pool. The private backyard is surrounded by mature landscaping, and the front of the property is walled, gated, and hedged for privacy. Great house!

Price History

Date
Event
Price
10/17/23
Sold
$5,000
07/13/23
Sold
$5,000
04/26/10
Sold
$1,300,000
07/30/08
Sold
$1,300,000
12/10/99
Sold
$675,000
Condition Rating
Excellent
Despite being built in 1937, the property is described as a 'beautifully updated home' blending 'traditional charm with modern luxury.' The kitchen features high-end Carrera marble countertops and Viking stainless steel appliances, indicating a recent, top-tier renovation. The primary bathroom is 'beautifully appointed,' and the home boasts dark hardwood flooring, Venetian plaster walls, and crown moldings throughout. These details suggest extensive, high-quality renovations that meet current luxury standards, making it move-in ready with no deferred maintenance.
Pros & Cons

Pros

Prime Location: Situated on Sunset Plaza Drive in Los Angeles, California, this property benefits from a highly desirable and prestigious address in the Sunset Strip - Hollywood Hills West area.
Stunning City Views: The magnificent primary suite and other areas of the home offer captivating city lights views, a highly sought-after feature in this exclusive market.
High-End Finishes & Modern Luxury: The home boasts quality interior features including dark hardwood flooring, Venetian plaster walls, crown moldings, and a spacious cook's kitchen with Carrera marble countertops and Viking stainless steel appliances, blending traditional charm with modern luxury.
Significant Value-Add Potential: The property comes with quotes for adding a pool, 700 SQFT of additional living space, and a massive rooftop deck with views, presenting clear opportunities for customization and increasing future value.
Luxurious Primary Suite: The entire upper level is dedicated to a magnificent primary suite featuring a spacious sitting area, private balcony, beautifully appointed bathroom, and customized closets, offering a private and opulent retreat.

Cons

Significant Price Discrepancy: The current listing price of $2,324,000 is notably higher than the estimated property value of $1,908,730.88, indicating a potential overpricing of approximately 17% which may require a price adjustment to align with market expectations.
Limited Bathroom Count: With 3 bedrooms and only 2 full bathrooms, the property offers fewer bathrooms compared to some comparable luxury homes in the immediate area, which might be a consideration for buyers seeking more en-suite options.
Modest Lot Size: The lot size of 4835 sqft is relatively modest for a luxury home in the Hollywood Hills, potentially limiting extensive outdoor amenities or expansive garden space beyond the proposed pool area.

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