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2718 Claray Drive, Los Angeles, California 90077, Los Angeles, 90077 - 3 bed, 2 bath

2718 Claray Drive, Los Angeles, California 90077 home-pic-0
ACTIVE UNDER CONTRACT$2,749,000
2718 Claray Drive, Los Angeles, California 90077
3Beds
2Baths
3,010Sqft
27,827Lot

Price Vs. Estimate

The estimated value ($2,895,000) is $146,000 (0%) lower than the list price ($2,749,000). 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 = 27827, living area = 3010.
Top Cons:
Significant Price Reductions: The property has undergone multiple price reductions from its original list price of $3.195M to $2.749M, which may indicate initial overpricing or market resistance.

Compared to the nearby listings

Price:$2.75M vs avg $3.37M ($-623,500)41%
Size:3,010 sqft vs avg 3,409 sqft47%
Price/sqft:$913 vs avg $92049%

More Insights

Built in 1958 (67 years old).
Condition: This 1958 mid-century modern home has undergone an extensive and high-quality renovation, bringing it to current luxury standards while preserving its architectural integrity. The kitchen features modern, high-end stainless steel Bosch appliances, custom flat-panel cabinetry, and contemporary countertops, appearing virtually new. Although no bathroom images are provided, the description highlights a 'spa-like en-suite bath,' suggesting a similar level of modern, luxurious updates. Throughout the main living areas, the flooring consists of large format, light-colored tiles, complemented by modern linear LED lighting fixtures and updated black-framed windows. A wall-mounted mini-split AC unit is visible in the primary bedroom, addressing cooling needs. The exterior and detached bonus structure also showcase modern design and excellent condition. Despite the original build year, the comprehensive and stylish updates across all visible areas, including the critical kitchen, indicate a property that meets current quality standards with minimal physical depreciation, making it move-in ready with no immediate renovations required.
Year Built
1958
Close
-
List price
$2.75M
Original List price
$3.19M
Price/Sqft
$913
HOA
-
Days on market
-
Sold On
-
MLS number
25553207
Home ConditionExcellent
Features
Good View: City Lights, Canyon, Mountain(s)
Patio
ViewCity Lights,Canyon,Mountain(s)

About this home

A true mid-century modern, custom-built home designed to stand apart from the rest of the neighborhood, this Bel Air retreat embodies the essence of classic California architecture. A serene architectural sanctuary nestled in the hills, this rare gem seamlessly blends vintage character with functional, everyday comfort. Thoughtfully preserved and updated, the residence honors its era while offering over 3,000 square feet of refined living space on more than half an acre of private, landscaped grounds. Upon entry, the foyer opens to generous main living areas including the great room, kitchen, and dining space, all flowing effortlessly together and framed by sweeping views of the surrounding hills and lush landscape. Original built-ins, curated finishes, and modern lighting strike a perfect balance of warmth and sophistication. The open kitchen features skylights, stainless steel appliances, custom cabinetry, and a cozy breakfast nook, ideal for entertaining. The primary suite offers outdoor access, a spa-like en-suite bath, walk-in closet, and the same refined design found throughout the home. Two guest bedrooms and a full bath complete the main residence. Outdoors, a spacious patio and garden invite peaceful moments amid treetop and canyon views, leading to a detached bonus structure currently used as a game room. With walls of glass and panoramic vistas, this space is ideal for a gym, studio, or creative workspace. Privately tucked away yet minutes from all the action, this home provides easy access to Beverly Hills, Brentwood, Sherman Oaks, and the greater San Fernando Valley, as well as LA's premier dining, shopping, and entertainment. A rare offering for those seeking design, privacy, and proximity.

Price History

Date
Event
Price
04/27/21
Sold
$2,737,000
08/24/16
Sold
$2,275,000
11/03/09
Sold
$925,000
Condition Rating
Excellent
This 1958 mid-century modern home has undergone an extensive and high-quality renovation, bringing it to current luxury standards while preserving its architectural integrity. The kitchen features modern, high-end stainless steel Bosch appliances, custom flat-panel cabinetry, and contemporary countertops, appearing virtually new. Although no bathroom images are provided, the description highlights a 'spa-like en-suite bath,' suggesting a similar level of modern, luxurious updates. Throughout the main living areas, the flooring consists of large format, light-colored tiles, complemented by modern linear LED lighting fixtures and updated black-framed windows. A wall-mounted mini-split AC unit is visible in the primary bedroom, addressing cooling needs. The exterior and detached bonus structure also showcase modern design and excellent condition. Despite the original build year, the comprehensive and stylish updates across all visible areas, including the critical kitchen, indicate a property that meets current quality standards with minimal physical depreciation, making it move-in ready with no immediate renovations required.
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 = 27827, living area = 3010.
Iconic Mid-Century Modern Architecture: A true custom-built mid-century modern home, thoughtfully preserved and updated, blending vintage character with functional comfort and refined design details.
Prime Bel Air Location & Privacy: A serene architectural sanctuary nestled in the prestigious Bel Air hills, offering privacy while being minutes from Beverly Hills, Brentwood, and other key LA destinations.
Panoramic Views & Expansive Grounds: Features sweeping views of surrounding hills, lush landscapes, canyon, and mountains from multiple vantage points, set on over half an acre of private, landscaped grounds with a spacious patio and garden.
Thoughtfully Updated Interiors & Amenities: The residence boasts generous main living areas, an open kitchen with skylights, stainless steel appliances, and custom cabinetry, plus a luxurious primary suite with a spa-like en-suite bath and walk-in closet.
Versatile Detached Bonus Structure: Includes a detached bonus structure with walls of glass and panoramic vistas, ideal for a gym, studio, game room, or creative workspace, adding significant functional value.

Cons

Significant Price Reductions: The property has undergone multiple price reductions from its original list price of $3.195M to $2.749M, which may indicate initial overpricing or market resistance.
Potential for Age-Related System Concerns: Built in 1958, while updated, the property may have underlying original systems (e.g., plumbing, electrical) that could require future maintenance or upgrades not explicitly detailed.
Lack of Explicit Central Air Conditioning: The description does not mention central air conditioning, which is a common expectation in luxury homes in Los Angeles and could be a drawback during warmer months.

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