2261 Vasanta Way, Los Angeles, California 90068, Los Angeles, 90068 - 3 bed, 3 bath

2261 Vasanta Way, Los Angeles, California 90068 home-pic-0
ACTIVE$2,144,000
2261 Vasanta Way, Los Angeles, California 90068
3Beds
3Baths
2,654Sqft
4,279Lot
Year Built
1981
Close
-
List price
$2.14M
Original List price
$2.14M
Price/Sqft
$808
HOA
-
Days on market
-
Sold On
-
MLS number
25490391
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Landmark
Deck
Patio
ViewCity Lights,Hills,Landmark

About this home

Possibly Over-Priced:The estimated price is 29% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.14M(62th), sqft - 2654(62th), beds - 3(50th), baths - 3(50th).

Designed by renowned architect Tony Ngai, AIA, 2261 Vasanta Way is a beautifully updated architectural retreat nestled in the beloved Beachwood Canyon neighborhood of the Hollywood Hills. This thoughtfully designed home offers a blend of modern luxury and coveted Southern California indoor/outdoor living with decks located on each floor. Enjoy panoramic views from the rooftop, spanning from the iconic Griffith Observatory to downtown Los Angeles. Inside, the sleek kitchen features high-end Viking and Sub-Zero appliances, extensive cabinetry, and stone counters, complemented by a breakfast nook. Entertain guests in the formal dining room with its built-in bar and drink refrigerator, or relax in the spacious living room with a fireplace. At day's end, escape to the expansive primary suite, which boasts 30-foot ceilings, French doors leading to a private patio, and direct access to a versatile loft space perfect for a home office or gym. The spa-like primary bath includes a soaking tub, glass shower, dual sinks, LED mirror, and porcelain counters. Additional finishes and features include well-appointed guest rooms, hardwood floors, large windows that showcase the hillside surroundings, soaring ceilings, custom electric shades, designer light fixtures, and a 240v outlet in the garage for EV car charging. Enjoy the perfect balance of seclusion and accessibility, with scenic hiking trails, Lake Hollywood, the Hollywood Sign, and a variety of local restaurants, shops, and entertainment options just moments away.

Nearby schools

6/10
Cheremoya Avenue Elementary School
Public,K-60.5mi
4/10
Grant Elementary School
Public,K-61.0mi
4/10
Selma Avenue Elementary School
Public,K-61.0mi
8/10
Valley View Elementary School
Public,K-61.5mi
7/10
Los Feliz STEMM Magnet
Public,K-61.8mi
7/10
Gardner Street Elementary School
Public,K-61.8mi
8/10
R. L. Stevenson Elementary School
Public,K-53.4mi
7/10
Rio Vista Elementary School
Public,K-53.5mi
3/10
Joseph Le Conte Middle School
Public,6-81.2mi
3/10
Hubert Howe Bancroft Middle School
Public,6-81.8mi
6/10
Thomas Starr King Middle School
Public,6-82.7mi
5/10
David Starr Jordan Middle School
Public,6-83.7mi
6/10
Walter Reed Middle School
Public,6-84.5mi
6/10
Hollywood Senior High School
Public,9-121.3mi
8/10
John Marshall Senior High School
Public,9-122.6mi
7/10
Fairfax Senior High School
Public,9-122.9mi
7/10
Burroughs High School
Public,9-124.1mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,7-124.8mi
8/10
North Hollywood Senior High School
Public,9-125.2mi

Price History

Date
Event
Price
02/02/21
Sold
$1,750,000
09/15/17
Sold
$1,585,000
Condition Rating
Excellent

Despite being built in 1981, this property has undergone a comprehensive and high-quality renovation, aligning with the 'extensively renovated within 5 years' criterion. The kitchen is sleek with high-end Viking and Sub-Zero appliances, extensive cabinetry, and stone counters. Bathrooms are spa-like with modern fixtures, soaking tubs, glass showers, dual sinks, LED mirrors, and porcelain counters. Hardwood floors, designer light fixtures, and custom electric shades contribute to a luxurious, modern aesthetic throughout. While the absence of central air conditioning is a notable functional consideration, the overall condition, style, and features of the renovated spaces are virtually new and meet current luxury standards.
Pros & Cons

Pros

Architectural Significance: Designed by renowned architect Tony Ngai, AIA, this property offers a unique and updated architectural retreat, adding prestige and distinctiveness.
Panoramic Views: Enjoy breathtaking panoramic views from the rooftop, spanning from the iconic Griffith Observatory to downtown Los Angeles, a highly desirable feature in the Hollywood Hills.
High-End Kitchen: The sleek kitchen is equipped with high-end Viking and Sub-Zero appliances, extensive cabinetry, and stone counters, providing a modern and luxurious culinary experience.
Luxurious Primary Suite: The expansive primary suite features 30-foot ceilings, French doors to a private patio, a versatile loft space, and a spa-like bath with premium fixtures, offering ultimate comfort and elegance.
Indoor/Outdoor Living & Prime Location: The home seamlessly blends indoor/outdoor living with decks on each floor and is nestled in the beloved Beachwood Canyon, offering proximity to hiking trails, Lake Hollywood, and local amenities.

Cons

Overpriced Relative to Market Data: The current listing price of $2.144M is substantially higher than the estimated property value of $1.51M and recent sales history, suggesting a potential overvaluation in the current market.
Absence of Central Air Conditioning: Despite numerous luxury upgrades, the property description does not mention a cooling system, which could be a significant comfort issue and a costly upgrade for prospective buyers in the Los Angeles climate.
Limited Lot Size: With a lot size of 4,279 sqft, the property offers relatively limited outdoor space compared to other luxury homes in the Hollywood Hills, which might be a consideration for buyers seeking more expansive grounds or privacy.

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