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2654 Basil Lane, Los Angeles, California 90077, Los Angeles, 90077 - 3 bed, 3 bath

2654 Basil Lane, Los Angeles, California 90077 home-pic-0
ACTIVE$1,795,000$2,359/sqft
Est. Value: $1,544,213
-13%
AboveEstimate
2654 Basil Lane, Los Angeles, California 90077
3Beds
3Baths
2,359Sqft
133,378Lot

Price Vs. Estimate

The estimated value ($1,544,212.525) is $250,787.475 (13%) lower than the list price ($1,795,000). 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 = 133378, living area = 2359.
Top Cons:
Decorative Fireplaces: Both fireplaces are explicitly stated to be decorative, meaning they do not provide functional heating or traditional ambiance.

Compared to the nearby listings

Price:$1.79M vs avg $2.80M ($-1,005,000)20%
Size:2,359 sqft vs avg 2,867 sqft26%
Price/sqft:$761 vs avg $90023%

More Insights

Built in 1977 (49 years old).
Condition: Built in 1977, the property's kitchen and bathrooms are significantly outdated, featuring original or very old renovations (likely 30-40+ years ago) with tiled countertops, dark wood cabinets, and dated fluorescent lighting. These areas require substantial rehabilitation to meet current standards. While the overall structure appears maintained, the critical interior components are well past their aesthetic and functional prime, aligning with the 'poor' condition criteria for needing major updates.
Year Built
1977
Close
-
List price
$1.79M
Original List price
$1.79M
Price/Sqft
$761
HOA
$565
Days on market
-
Sold On
-
MLS number
25631661
Home ConditionPoor
Features
Good View: Canyon, Mountain(s)
Patio
ViewCanyon, Mountain(s)

About this home

Just Reduced and Brought Back to Market! Located in sought after Bel Air Ridge HOA. The Primary bedroom sits on the first floor along with 2 bedrooms and a bathroom upstairs. Large living room with fireplace and hardwood floors. Spacious family room with fireplace and dining area that leads to beautiful gardens and vistas facing east. Plethora of windows that provide natural light throughout the home. Bel Air Ridge enjoys resort style amenities including 2 pools, spa, state of the art gym, tennis courts, pickleball courts, basketball court, racquetball court, club house along with private parks. Security is provided by a 24/7 patrol car, Roscomare Road Elementary School district, close to prestigious private schools, and close to Beverly Glen Shopping Center. Fireplaces are to be considered decorative.

B
Barbara Tenenbaum
Listing Agent
Condition Rating
Poor
Built in 1977, the property's kitchen and bathrooms are significantly outdated, featuring original or very old renovations (likely 30-40+ years ago) with tiled countertops, dark wood cabinets, and dated fluorescent lighting. These areas require substantial rehabilitation to meet current standards. While the overall structure appears maintained, the critical interior components are well past their aesthetic and functional prime, aligning with the 'poor' condition criteria for needing major updates.
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 = 133378, living area = 2359.
Prime Location & Community: Located in the highly sought-after Bel Air Ridge HOA, offering proximity to prestigious private schools, Roscomare Road Elementary School district, and Beverly Glen Shopping Center.
Exceptional HOA Amenities: Residents enjoy resort-style amenities including two pools, a spa, state-of-the-art gym, tennis, pickleball, basketball, and racquetball courts, a clubhouse, and private parks.
Enhanced Security: The community benefits from a 24/7 patrol car, providing an added layer of security and peace of mind.
Abundant Natural Light & Views: The home features a plethora of windows that provide natural light throughout, and offers beautiful gardens and vistas facing east, with reported Canyon and Mountain views.
Desirable Layout Features: The primary bedroom is conveniently located on the first floor, and the large living room boasts hardwood floors, adding to the home's appeal.

Cons

Decorative Fireplaces: Both fireplaces are explicitly stated to be decorative, meaning they do not provide functional heating or traditional ambiance.
High HOA Fees: The association fee of $565.0 per month is substantial and adds significantly to the overall monthly cost of homeownership.
Market Re-entry Signal: The property being 'Just Reduced and Brought Back to Market' could indicate previous challenges in selling or potential buyer concerns, which may warrant further investigation.
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