2003 La Brea Terrace, Los Angeles, California 90046, Los Angeles, 90046 - 7 bed, 9 bath

2003 La Brea Terrace, Los Angeles, California 90046 home-pic-0
ACTIVE$13,995,000
2003 La Brea Terrace, Los Angeles, California 90046
7Beds
9Baths
10,199Sqft
286,625Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Privacy and Security: The property offers unparalleled privacy due to its 6.5-acre lot, gated entrance, long driveway, mature landscaping, alarm system, and security cameras.
Top Cons:
Age of Property: Built in 1910, the property may require updates or renovations to meet modern standards and preferences.

Compared to the nearby listings

Price:$13.99M vs avg $2.27M (+$11,720,000)99%
Size:10,199 sqft vs avg 2,309 sqft98%
Price/sqft:$1.4K vs avg $98789%

More Insights

Built in 1910 (115 years old).
Condition: The property was built in 1910, and while it appears to be maintained, the kitchens and bathrooms show their age. The appliances and fixtures are outdated, suggesting that the property has not been extensively renovated recently. The overall condition suggests it requires updates to meet modern standards.
Year Built
1910
Close
-
List price
$13.99M
Original List price
$14.99M
Price/Sqft
$1,372
HOA
-
Days on market
-
Sold On
-
MLS number
24454283
Home ConditionFair
Features
Excellent View: City Lights, Mountain(s)
Patio
ViewCity Lights,Mountain(s)

About this home

This legendary compound has been passed down through generations of Hollywood royalty. At the top of La Brea Terrace, behind 2 gates, is a quarter-mile-long driveway that winds up to 3 separate residences, overlooking all of Los Angeles and Downtown. The property consists of 6.5 acres of mature landscaping with wonderful trails that meander around the property. The privacy offered by the acreage and hillsides is unparalleled, enhanced by an alarm system and security cameras for increased security. The primary home (6,700 ft, 4 beds upstairs) is a classic and charming villa with plentiful entertainment space and wonderful indoor-outdoor California flow. The secondary home (3,100 Ft, 2 Beds) is light and bright, featuring its own private patio and a small enclosed yard. The 3rd structure (not shown In photos) (500 ft, 1 bed) is an apartment situated above numerous parking garages. Only 2 blocks north of Sunset and a 5 minute walk to the entrance of Runyon Canyon. *RTI permits and plans available*

Nearby schools

7/10
Gardner Street Elementary School
Public,K-60.5mi
8/10
Valley View Elementary School
Public,K-61.3mi
9/10
Wonderland Avenue Elementary School
Public,K-51.9mi
9/10
West Hollywood Elementary School
Public,K-52.6mi
7/10
Rio Vista Elementary School
Public,K-53.0mi
3/10
Hubert Howe Bancroft Middle School
Public,6-81.4mi
8/10
Hawthorne Elementary School
Public,K-83.8mi
6/10
Walter Reed Middle School
Public,6-83.8mi
6/10
Hollywood Senior High School
Public,9-120.8mi
7/10
Fairfax Senior High School
Public,9-121.8mi
8/10
North Hollywood Senior High School
Public,9-124.7mi
9/10
Beverly Hills High School
Public,9-124.7mi
6/10
University Senior High School Charter
Public,9-127.8mi
6/10
University Senior High School
Public,9-127.8mi
Condition Rating
Fair

The property was built in 1910, and while it appears to be maintained, the kitchens and bathrooms show their age. The appliances and fixtures are outdated, suggesting that the property has not been extensively renovated recently. The overall condition suggests it requires updates to meet modern standards.
Pros & Cons

Pros

Privacy and Security: The property offers unparalleled privacy due to its 6.5-acre lot, gated entrance, long driveway, mature landscaping, alarm system, and security cameras.
Multiple Residences: The compound includes three separate residences, providing flexibility for extended family, guests, or rental income.
Prime Location: Located just two blocks north of Sunset and a five-minute walk to Runyon Canyon, offering convenient access to entertainment, dining, and outdoor activities.

Cons

Age of Property: Built in 1910, the property may require updates or renovations to meet modern standards and preferences.
Potential Renovation: While RTI permits and plans are available, potential buyers need to consider the time and cost associated with any planned renovations or expansions.

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