2321 Castillian Drive, Los Angeles, California 90068, Los Angeles, 90068 - 5 bed, 8 bath

2321 Castillian Drive, Los Angeles, California 90068 home-pic-0
ACTIVE$12,995,000
2321 Castillian Drive, Los Angeles, California 90068
5Beds
8Baths
9,000Sqft
23,480Lot
Year Built
2005
Close
-
List price
$12.99M
Original List price
$12.99M
Price/Sqft
$1,444
HOA
-
Days on market
-
Sold On
-
MLS number
SR25078381
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s)
Pool
Spa
Patio
ViewCity Lights,Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 10% below the list price. We found 3 Cons,5 Pros. Rank: price - $12.99M(99th), sqft - 9000(99th), beds - 5(90th), baths - 8(97th).

Venetian-Inspired Villa in the Hollywood Hills – Luxury Living with Exceptional Investment Potential. Perched on a rare double lot with sweeping canyon views, this stunning Venetian-style villa in the heart of the Hollywood Hills offers a unique blend of opulent living and strong income potential. Whether you're seeking a high-end personal residence or a profitable rental opportunity, this estate delivers unmatched value. Spanning multiple levels, the home features an open-concept upper floor with a bright and spacious living room, formal dining area, family room, and a gourmet kitchen outfitted with Italian-made custom fixtures. The layout is ideal for entertaining or relaxing in style. The lower level includes five generously sized bedrooms, each with en-suite bathrooms and private outdoor access—perfect for guests or short- and long-term tenants. The master suite is a true sanctuary, complete with a custom fireplace, soaking tub, dual shower, separate his-and-hers bathrooms, and a large walk-in closet. Designed with luxury and entertainment in mind, the villa also includes a dedicated level with a home theater, sauna, steam room, bar, and dual shower. Step outside to experience seamless indoor-outdoor living on a 3,000 sq. ft. patio featuring a custom pool, jacuzzi, outdoor kitchen, BBQ, and cabana. With seller financing available, this rare offering becomes even more enticing. Located just minutes from the city's core yet surrounded by natural serenity, this property is a standout investment with high per-square-foot value. Don’t miss the chance to own a piece of paradise that checks every box—luxury, location, and lasting returns.

Condition Rating
Excellent

Built in 2005, this Venetian-inspired villa presents as virtually new, showcasing meticulous maintenance and high-end finishes throughout. The gourmet kitchen features Italian-made custom fixtures, modern high-gloss cabinetry, top-tier integrated appliances, and contemporary lighting, all in pristine condition. Bathrooms, including the master suite with its soaking tub and dual showers, are luxurious and well-appointed, with high-quality materials and minimal wear. While one secondary bathroom shows a slightly more traditional vanity, its overall condition and quality are excellent. The property boasts hardwood and high-end tile flooring, modern light fixtures, and appears to have no deferred maintenance, meeting current luxury standards.
Pros & Cons

Pros

Prime Location & Panoramic Views: Perched on a rare double lot in the Hollywood Hills, the property offers sweeping canyon views, city lights, and mountain vistas, combining exclusivity with natural serenity.
Extensive Luxury Amenities: The villa boasts a dedicated entertainment level with a home theater, sauna, steam room, and bar, complemented by a 3,000 sq. ft. patio featuring a custom pool, jacuzzi, outdoor kitchen, BBQ, and cabana.
High-End Finishes & Design: Designed as a Venetian-inspired villa, the home features a gourmet kitchen with Italian-made custom fixtures, a luxurious master suite with custom fireplace, soaking tub, dual shower, and separate his-and-hers bathrooms.
Investment & Income Potential: Explicitly marketed for its 'Exceptional Investment Potential' and 'profitable rental opportunity,' especially with five generously sized bedrooms each having en-suite bathrooms and private outdoor access.
Spacious & Versatile Layout: Spanning 9,000 sq. ft. across multiple levels with an open-concept upper floor and five en-suite bedrooms on the lower level, the layout is ideal for both grand entertaining and accommodating guests or tenants.

Cons

Potential Overpricing: The listing price of $12,995,000 is significantly higher than the estimated property value of $11,588,023 and a recent comparable sale at $12,000,000, suggesting it may be priced above current market expectations.
Niche Architectural Style: The 'Venetian-Inspired Villa' design, while opulent, may appeal to a more specific buyer demographic, potentially limiting the pool of interested buyers compared to more universally popular modern or contemporary styles in the Hollywood Hills.
High Operating Costs: The extensive luxury amenities, large square footage (9,000 sq. ft.), and double lot size will likely incur substantial ongoing maintenance, utility, and insurance costs, which could be a significant consideration for potential buyers.

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