2003 La Brea Terrace, Los Angeles, California 90046, Los Angeles, 90046 - 7 bed, 10 bath

2003 La Brea Terrace, Los Angeles, California 90046 home-pic-0
ACTIVE$12,500,000$10,199/sqft
2003 La Brea Terrace, Los Angeles, California 90046
7Beds
10Baths
10,199Sqft
286,625Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top 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 = 286625, living area = 10199.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =286625, other record lot size in square feet = 136161. Living area discrepancy between mls listing and other public or private record. mls listing living area = 10199, other record living area = 2740. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.

Compared to the nearby listings

Price:$12.50M vs avg $2.31M (+$10,185,000)99%
Size:10,199 sqft vs avg 2,333 sqft99%
Price/sqft:$1.2K vs avg $96680%

More Insights

Built in 1910 (116 years old).
Condition: Built in 1910, this expansive estate features well-maintained classic architecture and grounds. While the property is clearly functional and has undergone updates, key areas like the bathrooms exhibit significantly dated styles, such as glass block showers and older vanity designs, suggesting renovations from 15-30 years ago. The kitchen, while featuring a professional range, also includes traditional terracotta flooring and an older built-in wooden refrigerator, which are not contemporary. The property is aged but maintained, with major components functional but showing signs of being outdated, aligning with a 'Fair' condition score.
Year Built
1910
Close
-
List price
$12.5M
Original List price
$12.5M
Price/Sqft
$1,226
HOA
-
Days on market
-
Sold On
-
MLS number
26634119
Home ConditionFair
Features
Excellent View: City Lights, Mountain(s)
Pool
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. Not Historical.

H
Harrison Trachman
Listing Agent

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

Built in 1910, this expansive estate features well-maintained classic architecture and grounds. While the property is clearly functional and has undergone updates, key areas like the bathrooms exhibit significantly dated styles, such as glass block showers and older vanity designs, suggesting renovations from 15-30 years ago. The kitchen, while featuring a professional range, also includes traditional terracotta flooring and an older built-in wooden refrigerator, which are not contemporary. The property is aged but maintained, with major components functional but showing signs of being outdated, aligning with a 'Fair' condition score.
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 = 286625, living area = 10199.
Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Exceptional Privacy & Security: The property offers unparalleled privacy, secured by two gates and a quarter-mile-long driveway, further enhanced by an alarm system and security cameras.
Expansive & Landscaped Grounds: Spanning 6.5 acres, the estate features mature landscaping with wonderful trails, providing a private natural oasis.
Versatile Multi-Residence Compound: Comprising three distinct residences, this compound offers significant flexibility for multi-generational living, guest accommodations, or staff quarters.
Panoramic City & Mountain Views: Enjoy breathtaking panoramic views overlooking all of Los Angeles and Downtown, complemented by majestic mountain vistas.
Premier Location with Recreation Access: Strategically located just two blocks north of Sunset Boulevard and a five-minute walk to the entrance of Runyon Canyon, offering both urban convenience and outdoor recreation.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =286625, other record lot size in square feet = 136161. Living area discrepancy between mls listing and other public or private record. mls listing living area = 10199, other record living area = 2740. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.
Historic Age & Potential for Modernization: Built in 1910, the property, while classic and charming, may require substantial investment for ongoing maintenance and modernization to align with contemporary luxury standards.
Extensive Maintenance Requirements: The vast 6.5-acre grounds and multiple structures will necessitate significant ongoing maintenance and operational costs.
Long Driveway Access: The quarter-mile-long driveway, while contributing to privacy, could present a minor logistical challenge for daily ingress/egress and service access.
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