3116 Elvido Drive, Los Angeles, California 90049, Los Angeles, 90049 - 5 bed, 6 bath
ACTIVE$5,299,000$6,071/sqft
Est. Value: $5,747,940
8%
BelowEstimate
3116 Elvido Drive, Los Angeles, California 90049
5Beds
6Baths
6,071Sqft
12,658Lot
Price Vs. Estimate
The estimated value ($5,747,940.05) is $448,940.05 (8%) higher than the list price ($5,299,000). This property may be underpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12658, other record lot size in square feet = 12710. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Compared to the nearby listings
Price:$5.30M vs avg $3.90M (+$1,404,000)68%
Size:6,071 sqft vs avg 3,138 sqft86%
Price/sqft:$873 vs avg $1.3K10%
More Insights
Built in 2013 (13 years old).
Condition: Built in 2013, this custom-built residence exemplifies modern luxury. The kitchen features top-of-the-line Thermador appliances, sleek custom cabinetry, and designer finishes, all in pristine condition. Bathrooms are equally luxurious with modern fixtures, dual vanities, and contemporary tiling. Throughout the home, light hardwood floors, recessed lighting, and smart home technology contribute to a virtually new feel, with no signs of deferred maintenance or depreciation. The property meets current high-quality standards in every aspect.
Year Built
2013
Close
-
List price
$5.3M
Original List price
$5.3M
Price/Sqft
$873
HOA
$1,800
Days on market
-
Sold On
-
MLS number
26639803
Home ConditionExcellent
Features
Excellent View: City Lights
Pool
Spa
Patio
ViewCity Lights
About this home
View, View, View! Welcome to this exceptional 5-bedroom, 6-bath custom-built residence that defines modern luxury and elegance. This stunning home offers approximately 6,071 sq. ft. of beautifully finished living space, featuring a spacious private office, exercise room, and entertainment room. Every detail has been thoughtfully designed from the sophisticated, cedar-lined closets to the seamless integration of smart home technology. The open-concept gourmet kitchen showcases top-of-the-line Thermador appliances, dual dishwashers, dual sinks, sleek custom cabinetry, and designer finishes. A cozy fireplace in the living room and another in the primary suite add warmth and ambiance throughout. An in-home elevator provides effortless access to the outdoor paradise, where you'll find a sparkling heated infinity pool, relaxing jacuzzi, and breathtaking panoramic views to enjoy while you unwind. 24-hour security guard ! Please click on the video and drone tour for a full experience of this remarkable home!
A
Anat Arbib
Listing Agent
Nearby schools
8/10
Lanai Road Elementary School
Public,•K-5•1.4mi
9/10
Roscomare Road Elementary School
Public,•K-5•1.6mi
9/10
Warner Avenue Elementary School
Public,•K-5•5.2mi
5/10
Brentwood Science School
Public,•K-5•5.5mi
9/10
Fairburn Avenue Elementary School
Public,•K-5•5.8mi
5/10
Brockton Avenue Elementary School
Public,•K-5•6.0mi
9/10
Franklin Elementary School
Public,•PK-5•6.2mi
7/10
Nora Sterry Elementary School
Public,•K-5•6.3mi
6/10
Gaspar De Portola Middle School
Public,•6-8•4.0mi
5/10
William Mulholland Middle School
Public,•6-8•4.3mi
8/10
Lincoln Middle School
Public,•6-8•6.9mi
6/10
Van Nuys Senior High School
Public,•9-12•4.6mi
6/10
University Senior High School
Public,•9-12•6.0mi
6/10
University Senior High School Charter
Public,•9-12•6.0mi
8/10
Santa Monica High School
Public,•9-12•8.1mi
Price History
Date
Event
Price
12/14/09
Sold
$750,000
Condition Rating
Excellent
Built in 2013, this custom-built residence exemplifies modern luxury. The kitchen features top-of-the-line Thermador appliances, sleek custom cabinetry, and designer finishes, all in pristine condition. Bathrooms are equally luxurious with modern fixtures, dual vanities, and contemporary tiling. Throughout the home, light hardwood floors, recessed lighting, and smart home technology contribute to a virtually new feel, with no signs of deferred maintenance or depreciation. The property meets current high-quality standards in every aspect.
Pros & Cons
Pros
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Unrivaled Panoramic Views: The property offers 'View, View, View!' with breathtaking panoramic views, including city lights, enhancing its luxury appeal and market value.
Exquisite Modern Luxury & Custom Craftsmanship: This custom-built residence defines modern luxury and elegance, featuring thoughtful design, sophisticated cedar-lined closets, and seamless smart home technology integration.
Comprehensive High-End Amenities: The home boasts an array of luxury amenities including a spacious private office, exercise room, entertainment room, in-home elevator, sparkling heated infinity pool, and relaxing jacuzzi.
State-of-the-Art Gourmet Kitchen: The open-concept gourmet kitchen is equipped with top-of-the-line Thermador appliances, dual dishwashers, dual sinks, sleek custom cabinetry, and designer finishes.
Newer Construction with Expansive Living Space: Built in 2013, the property offers approximately 6,071 sq. ft. of beautifully finished living space with 5 bedrooms and 6 baths, providing modern and generous accommodations.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12658, other record lot size in square feet = 12710. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Substantial Ongoing Ownership Costs: The high list price of $5.299M implies significant property taxes, insurance, and potentially high utility bills for a large luxury home with a heated pool and jacuzzi. The $1800 association fee (frequency unspecified) adds to this financial burden.
Niche Market Appeal: The ultra-luxury price point and specific high-end features cater to a very exclusive buyer demographic, which could potentially lead to a longer marketing period compared to more broadly appealing properties.
Complexity of Maintenance: The integrated smart home technology, in-home elevator, and sophisticated pool/jacuzzi systems may require specialized and potentially costly maintenance and repairs over time.