2317 Vasanta Way, Los Angeles, California 90068, Los Angeles, 90068 - 4 bed, 5 bath

2317 Vasanta Way, Los Angeles, California 90068 home-pic-0
ACTIVE$3,200,000
2317 Vasanta Way, Los Angeles, California 90068
4Beds
5Baths
4,147Sqft
16,312Lot
Year Built
1987
Close
-
List price
$3.2M
Original List price
$3.2M
Price/Sqft
$772
HOA
-
Days on market
-
Sold On
-
MLS number
25476737
Home ConditionPoor
Features
Excellent View: City Lights
Deck
Pool
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 27% below the list price. We found 3 Cons,5 Pros. Rank: price - $3.20M(84th), sqft - 4147(90th), beds - 4(59th), baths - 5(82th).

Attention Buyers! Bring your architects and designers to redesign an EPIC Brutalist Style Modern estate in Beachwood Canyon! The lot size spans 16,280 square feet, with breathtaking jetliner views of the Hollywood sign, Griffith Observatory, and downtown Los Angeles from every vantage point in the home. Originally designed by renowned architect Jay William Clark, constructed by builder Dennis Bailey, and once owned by the legendary Goldenson family of ABC studios. The home consists of 4,147 square feet of living space, divided among three individual structures. The main house boasts 3,147 square feet, comprising 4 bedrooms and 3 bathrooms in a three-story concrete structure with 180-degree landmark views from every room. Its poured concrete columns, steel beams, and in-ground pool and over sized deck on caissons with captivating 360-degree views. Potential to add additional square feet to the main house on an existing concrete pad area off the pool and family room. The home has been completely stripped of older finishes. There are two accessory buildings that also offer 1,000 square feet of living space per the original plans. The first is a street-level, two-story structure, featuring a two-car garage on the bottom level and a 500-square-foot living space on the second level. The living space is currently classified as a recreation room with a restroom per the original building plans. The second detached two-story structure, located at the promontory of the property, includes a 500-square-foot room classified as a pool house with a restroom per the original plans. These 2 additional structures offer great potential to transition into various forms of ADUs with separate entrances. This property is a rare find because of the view and existing concrete structure and expansive deck spaces, offering promise to remodel into a celebrity estate with its main private residence with no adjacent neighbors and 2 separate buildings to make an ADU or recording studio. With its architectural integrity and prime location, it stands as a blank canvas ready to be reimagined and revitalized.

Nearby schools

6/10
Cheremoya Avenue Elementary School
Public,K-60.5mi
4/10
Selma Avenue Elementary School
Public,K-61.1mi
4/10
Grant Elementary School
Public,K-61.1mi
8/10
Valley View Elementary School
Public,K-61.4mi
7/10
Gardner Street Elementary School
Public,K-61.8mi
7/10
Los Feliz STEMM Magnet
Public,K-61.9mi
8/10
R. L. Stevenson Elementary School
Public,K-53.3mi
7/10
Rio Vista Elementary School
Public,K-53.4mi
3/10
Joseph Le Conte Middle School
Public,6-81.3mi
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,9-122.7mi
7/10
Fairfax Senior High School
Public,9-122.9mi
7/10
Burroughs High School
Public,9-124.0mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,7-124.7mi
8/10
North Hollywood Senior High School
Public,9-125.2mi

Price History

Date
Event
Price
03/03/06
Sold
$2,000,000
Condition Rating
Poor

The property has been completely stripped of all older finishes, as explicitly stated in the description and confirmed by the images. There are no functional kitchens or bathrooms, no flooring, and all interior systems require installation. While the core structure is presented as a valuable asset for redesign, the current state is unlivable and requires substantial rehabilitation and a complete interior build-out, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Exceptional Panoramic Views: The property offers breathtaking jetliner views of the Hollywood sign, Griffith Observatory, and downtown Los Angeles from every vantage point, including 180-degree landmark views from every room and captivating 360-degree views from the oversized deck.
Architectural Significance & Pedigree: Designed by renowned architect Jay William Clark and once owned by the legendary Goldenson family of ABC studios, this Brutalist Style Modern estate boasts unique architectural integrity and historical prestige.
Extensive Development & Customization Potential: The home has been completely stripped of older finishes, presenting a blank canvas for architects and designers to reimagine and revitalize, with potential to add additional square footage to the main house.
Multiple Structures with ADU Potential: The property includes three individual structures, with two accessory buildings offering 1,000 square feet of living space and great potential to transition into various forms of ADUs with separate entrances.
Large, Private Lot: Spanning 16,280 square feet, the expansive lot provides a main private residence with no adjacent neighbors, ensuring privacy and ample outdoor space in a desirable location.

Cons

Extensive Renovation Required: The home has been completely stripped of older finishes, requiring significant investment, architectural planning, and construction to bring it to a finished, livable state.
Niche Architectural Style: The 'Brutalist Style Modern' architecture, while unique, may appeal to a specific buyer demographic, potentially limiting the overall market appeal compared to more conventional styles.
High Upfront Investment: The property is listed at a high price for a 'blank canvas' that requires substantial additional capital for a full redesign and renovation, making it a significant financial undertaking for prospective buyers.

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