248 N Glenroy Avenue, Los Angeles, California 90049, Los Angeles, 90049 - 4 bed, 6 bath
ACTIVE$9,999,990$4,899/sqft
Est. Value: $9,365,301
-6%
AboveEstimate
248 N Glenroy Avenue, Los Angeles, California 90049
4Beds
6Baths
4,899Sqft
62,499Lot
Price Vs. Estimate
The estimated value ($9,365,301.16) is $634,688.84 (6%) lower than the list price ($9,999,990). 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 = 62499, living area = 4899.
Top Cons:
Age of Property & Potential System Updates: Built in 1951, while a 'masterpiece,' the property's age may imply a need for updates to core systems (e.g., plumbing, electrical, HVAC) to meet modern efficiency and comfort standards, which are not explicitly mentioned as having been recently upgraded.
Compared to the nearby listings
Price:$10.00M vs avg $3.90M (+$6,104,990)86%
Size:4,899 sqft vs avg 3,138 sqft79%
Price/sqft:$2.0K vs avg $1.3K92%
More Insights
Built in 1951 (75 years old).
Condition: Built in 1951, this 'Mid-Century masterpiece' is presented as a pristine property, suggesting excellent maintenance. While the outdoor amenities like the pool and cabana appear modern and recently updated, the interior, including the visible kitchenette/bar area and flooring, retains a well-preserved, period-appropriate Mid-Century style rather than a full, contemporary renovation. The property is move-in ready with no immediate renovations required, and systems appear well-maintained, aligning with the 'Good' criteria. However, it does not meet the 'Excellent' standard of being newly built or extensively renovated within 5 years with all components being virtually new, especially considering the age of the main structure and the stylistic preservation.
Year Built
1951
Close
-
List price
$10M
Original List price
$10M
Price/Sqft
$2,041
HOA
-
Days on market
-
Sold On
-
MLS number
25594023
Home ConditionGood
Features
Excellent View: Catalina, City Lights, Mountain(s)
Pool
Spa
Patio
ViewCatalina,City Lights,Mountain(s)
About this home
Nestled just above Sunset in prestigious Lower Bel-Air, this gated 1.43-acre estate offers an unparalleled blend of privacy, space, and breathtaking views. This rare compound is a secluded oasis surrounded by lush mature trees and expansive grassy grounds. Designed for those who appreciate both style and serenity, this Mid-Century masterpiece exudes effortless sophistication, reminiscent of Frank Sinatra's iconic era. Walls of glass frame panoramic vistas stretching from the ocean and Catalina to the marina and glittering city lights. An entertainer's dream, the estate boasts a sun-drenched pool, paddle tennis court, and a state-of-the-art gym/pool cabana, all designed for ultimate relaxation and recreation. With ample off-street parking for 20+ cars, this property is primed for hosting on a grand scale. A rare opportunity to own a pristine property in Bel-Air, where luxury, exclusivity, and timeless design converge.
S
Shauna Walters
Listing Agent
Price History
Date
Event
Price
10/19/21
Sold
$8,400,000
09/21/20
Sold
$7,900,000
10/06/17
Sold
$5,340,000
Condition Rating
Good
Built in 1951, this 'Mid-Century masterpiece' is presented as a pristine property, suggesting excellent maintenance. While the outdoor amenities like the pool and cabana appear modern and recently updated, the interior, including the visible kitchenette/bar area and flooring, retains a well-preserved, period-appropriate Mid-Century style rather than a full, contemporary renovation. The property is move-in ready with no immediate renovations required, and systems appear well-maintained, aligning with the 'Good' criteria. However, it does not meet the 'Excellent' standard of being newly built or extensively renovated within 5 years with all components being virtually new, especially considering the age of the main structure and the stylistic preservation.
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 = 62499, living area = 4899.
Prestigious Location & Exclusivity: Nestled just above Sunset in prestigious Lower Bel-Air, this gated 1.43-acre estate offers unparalleled privacy and exclusivity, a hallmark of luxury living.
Breathtaking Panoramic Views: Walls of glass frame panoramic vistas stretching from the ocean and Catalina to the marina and glittering city lights, providing a stunning backdrop from multiple vantage points.
Expansive Estate & Grounds: The rare 1.43-acre compound features expansive grassy grounds and mature trees, creating a secluded oasis with ample space for relaxation and outdoor activities.
Exceptional Entertainment Amenities: Designed as an entertainer's dream, the property boasts a sun-drenched pool, paddle tennis court, state-of-the-art gym/pool cabana, and parking for 20+ cars, ideal for grand-scale hosting.
Timeless Mid-Century Design: The Mid-Century masterpiece exudes effortless sophistication and timeless design, reminiscent of Frank Sinatra's iconic era, appealing to those who appreciate classic architectural elegance.
Cons
Age of Property & Potential System Updates: Built in 1951, while a 'masterpiece,' the property's age may imply a need for updates to core systems (e.g., plumbing, electrical, HVAC) to meet modern efficiency and comfort standards, which are not explicitly mentioned as having been recently upgraded.
High Maintenance Demands: The extensive 1.43-acre grounds, pool, paddle tennis court, and cabana suggest significant ongoing maintenance costs and time commitment for upkeep, which could be a consideration for potential buyers.
Specific Buyer Appeal: The 'Mid-Century masterpiece' aesthetic, while sophisticated, might cater to a niche market, potentially limiting the pool of buyers who prefer more contemporary or different architectural styles.