2138 Banyan Drive, Los Angeles, California 90049, Los Angeles, 90049 - 4 bed, 3 bath

2138 Banyan Drive, Los Angeles, California 90049 home-pic-0
ACTIVE$4,498,000$2,921/sqft
Est. Value: $3,449,587
-23%
AboveEstimate
2138 Banyan Drive, Los Angeles, California 90049
4Beds
3Baths
2,921Sqft
20,749Lot

Price Vs. Estimate

The estimated value ($3,449,586.75) is $1,048,413.25 (23%) lower than the list price ($4,498,000). This property may be overpriced.

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 = 20749, living area = 2921.
Top Cons:
Significant Price Discrepancy: The current list price of $4.498M is substantially higher than the last recorded sale price of $2.5M (December 2022) and the property's estimated value of $3.45M, which may raise questions about market competitiveness and valuation.

Compared to the nearby listings

Price:$4.50M vs avg $3.90M (+$603,000)61%
Size:2,921 sqft vs avg 3,127 sqft43%
Price/sqft:$1.5K vs avg $1.3K70%

More Insights

Built in 1960 (66 years old).
Condition: Despite being built in 1960, the listing explicitly states the residence was 'recently transformed' with 'thoughtful design.' The kitchen features striking Calacatta Viola countertops, a walnut island, and custom cabinetry, indicating high-end, modern finishes and appliances. Bathrooms are described as 'soothing' with natural light and 'thoughtfully designed,' including a 'beautiful powder bath with shower,' suggesting recent, quality renovations. The presence of Fleetwood glass and doors further points to premium, contemporary upgrades. All these elements, combined with the 'recently transformed' status, align with a property extensively renovated within the last 5 years, presenting as virtually new with current quality standards and no deferred maintenance.
Year Built
1960
Close
-
List price
$4.5M
Original List price
$4.5M
Price/Sqft
$1,540
HOA
-
Days on market
-
Sold On
-
MLS number
25519645
Home ConditionExcellent
Features
Excellent View: City Lights, Canyon, Panoramic
Patio
ViewCity Lights,Canyon,Panoramic

About this home

Along a secluded drive in the hills of Brentwood sits a modernist refuge where clean lines frame spectacular views. This recently transformed residence captures canyon vistas and city lights, delivering what discerning buyers seek most thoughtful design and privacy without isolation. A serene courtyard with a fountain and olive trees provides a welcoming first impression. As you enter the home, light streams through skylights and a wall of Fleetwood glass, casting a luminous glow across the open-concept layout. The living room features custom built-in cabinetry and flows seamlessly into the kitchen, dining area, and lounge space. The kitchen commands attention with its striking yet timeless Calacatta Viola countertops, walnut island, and custom cabinetry. The primary suite is the perfect retreat, with Fleetwood doors opening on two sides to maximize light and create a seamless indoor-outdoor connection. The primary bath is designed to be soothing and filled with natural light from a skylight and windows. Down the hall, two additional bedrooms share a thoughtfully designed bathroom with a bathtub. Separate from the bedrooms, you'll find a beautiful powder bath with shower, laundry room, and a versatile room that could be utilized as a separate family room, fourth bedroom, or home office. Outside, the expansive backyard creates a private oasis with dedicated areas for BBQing, lounging, dining, and gathering around the fire pit as evening falls -- all positioned to capture the stunning canyon views. This coveted canyon residence embodies the essence of contemporary California living.

K
Kristin Alexander
Listing Agent

Nearby schools

5/10
Brentwood Science School
Public,K-52.3mi
9/10
Franklin Elementary School
Public,PK-52.6mi
5/10
Brockton Avenue Elementary School
Public,K-53.1mi
7/10
Nora Sterry Elementary School
Public,K-53.7mi
9/10
Roscomare Road Elementary School
Public,K-53.8mi
9/10
Warner Avenue Elementary School
Public,K-53.9mi
9/10
Fairburn Avenue Elementary School
Public,K-54.2mi
8/10
Lanai Road Elementary School
Public,K-55.1mi
8/10
Lincoln Middle School
Public,6-83.2mi
6/10
Gaspar De Portola Middle School
Public,6-86.8mi
5/10
William Mulholland Middle School
Public,6-88.0mi
6/10
University Senior High School
Public,9-123.1mi
6/10
University Senior High School Charter
Public,9-123.1mi
8/10
Santa Monica High School
Public,9-124.5mi
6/10
Van Nuys Senior High School
Public,9-128.3mi

Price History

Date
Event
Price
12/23/22
Sold
$2,500,000
Condition Rating
Excellent

Despite being built in 1960, the listing explicitly states the residence was 'recently transformed' with 'thoughtful design.' The kitchen features striking Calacatta Viola countertops, a walnut island, and custom cabinetry, indicating high-end, modern finishes and appliances. Bathrooms are described as 'soothing' with natural light and 'thoughtfully designed,' including a 'beautiful powder bath with shower,' suggesting recent, quality renovations. The presence of Fleetwood glass and doors further points to premium, contemporary upgrades. All these elements, combined with the 'recently transformed' status, align with a property extensively renovated within the last 5 years, presenting as virtually new with current quality standards and no deferred maintenance.
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 = 20749, living area = 2921.
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Spectacular Views: The property offers spectacular canyon vistas and city lights, with panoramic views from various points, enhancing its desirability and value.
Modernist Design & Recent Transformation: Described as a 'modernist refuge' with 'clean lines' and 'recently transformed,' indicating a stylish, updated aesthetic and thoughtful design.
High-End Kitchen: The kitchen features striking Calacatta Viola countertops, a walnut island, and custom cabinetry, suggesting a premium and functional culinary space.
Seamless Indoor-Outdoor Living: Walls of Fleetwood glass and doors in the primary suite create a strong connection to the outdoors, complemented by an expansive backyard with dedicated areas for entertaining.
Privacy and Seclusion: Located along a secluded drive in the Brentwood hills, offering privacy without isolation, and featuring a serene courtyard and private backyard oasis.

Cons

Significant Price Discrepancy: The current list price of $4.498M is substantially higher than the last recorded sale price of $2.5M (December 2022) and the property's estimated value of $3.45M, which may raise questions about market competitiveness and valuation.
Age of Core Structure: Built in 1960, the property's underlying structure is over 60 years old. While 'recently transformed,' the description lacks specific details on major system upgrades (e.g., plumbing, electrical, HVAC), which could be a concern for long-term maintenance.
Potential for High Maintenance: With a large lot size of 20,749 sqft and extensive outdoor features including a courtyard, expansive backyard, and dedicated entertaining areas, the property likely requires significant ongoing landscaping and outdoor maintenance.
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