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418 N Bowling Green Way, Los Angeles, California 90049, Los Angeles, 90049 - 5 bed, 4 bath

418 N Bowling Green Way, Los Angeles, California 90049 home-pic-0
ACTIVE$4,195,000$2,969/sqft
Est. Value: $3,296,126
-21%
AboveEstimate
418 N Bowling Green Way, Los Angeles, California 90049
5Beds
4Baths
2,969Sqft
7,002Lot

Price Vs. Estimate

The estimated value ($3,296,126.36) is $898,873.64 (21%) lower than the list price ($4,195,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Top Cons:
Perceived Overpricing & Market Resistance: The significant $594k price reduction from the original list price and the property being 'back on market' suggest previous market resistance. The current list price of $4.195M is also substantially higher than the estimated value of $3.296M, indicating it may still be perceived as overpriced.

Compared to the nearby listings

Price:$4.20M vs avg $3.90M (+$300,000)57%
Size:2,969 sqft vs avg 3,127 sqft46%
Price/sqft:$1.4K vs avg $1.3K57%

More Insights

Built in 1940 (86 years old).
Condition: This property underwent an extensive renovation in 2024, including a new roof, new electrical, new plumbing, and new windows. The interior showcases a sleek, modern design with high-end finishes, Thermador appliances in the kitchen, and contemporary bathrooms featuring new fixtures, tiling, and vanities. All components appear virtually new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.
Year Built
1940
Close
-
List price
$4.2M
Original List price
$4.79M
Price/Sqft
$1,413
HOA
-
Days on market
-
Sold On
-
MLS number
24457535
Home ConditionExcellent
Features
Excellent View:
Deck
Spa
View

About this home

Back on market. 594k price reduction. Make all offers. Lease option with purchase available. Seller shall carry back paper for buyer up to 1.5m million, interest rate to be reasonable. This modern Organic Brentwood Oasis with double sided gates, offers a separate Guest House plus an expansive lush grassy Yard. Located in a charming neighborhood north of Sunset and just moments from the Brentwood Country Mart. Recently updated in 2024, this home features a crisp vertical siding, a new roof, new electric, new plumbing & new windows to name a few. This entertaining home showcases clean lines reimagined in every way. The main house offers 3 bedrooms en-suite, plus an office/4th bedroom, and a sleek kitchen featuring Thermador appliances, beautiful kitchen with plenty of cabinet space & a Laundry room. The guest house comes with its own entrance, Bedroom, bathroom, kitchen, Den, and laundry, providing privacy and versatility. Perfect rental income, extended guests, or a home office. The expansive backyard is designed for both relaxation and entertainment, featuring a lush grassy area, (room for a pool) , a large step up hot tub. The courtyard offers spacious seating with sofas and a fire pit for cozy nites around the fire. The 2 car garage includes a universal car charger and plenty of storage space. This property combines sustainability with luxury, Set in one of Brentwood's most sought-after locations, this home is the perfect balance of modern design and natural beauty with green landscaping throughout framing this house on all sides.

W
Wendy Carroll
Listing Agent

Nearby schools

5/10
Brentwood Science School
Public,•K-5•1.1mi
5/10
Brockton Avenue Elementary School
Public,•K-5•1.7mi
9/10
Franklin Elementary School
Public,•PK-5•1.8mi
7/10
Nora Sterry Elementary School
Public,•K-5•2.2mi
9/10
Warner Avenue Elementary School
Public,•K-5•2.5mi
9/10
Fairburn Avenue Elementary School
Public,•K-5•2.7mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.8mi
8/10
Lanai Road Elementary School
Public,•K-5•5.8mi
8/10
Lincoln Middle School
Public,•6-8•2.6mi
6/10
Gaspar De Portola Middle School
Public,•6-8•7.9mi
5/10
William Mulholland Middle School
Public,•6-8•8.7mi
6/10
University Senior High School
Public,•9-12•1.7mi
6/10
University Senior High School Charter
Public,•9-12•1.7mi
8/10
Santa Monica High School
Public,•9-12•3.8mi
6/10
Van Nuys Senior High School
Public,•9-12•8.6mi
Condition Rating
Excellent
This property underwent an extensive renovation in 2024, including a new roof, new electrical, new plumbing, and new windows. The interior showcases a sleek, modern design with high-end finishes, Thermador appliances in the kitchen, and contemporary bathrooms featuring new fixtures, tiling, and vanities. All components appear virtually new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Prime Brentwood Location: Located in a charming neighborhood north of Sunset and just moments from the Brentwood Country Mart, this property is set in one of Brentwood's most sought-after locations.
Extensive Recent Renovations: The home was recently updated in 2024, featuring new vertical siding, a new roof, new electrical systems, new plumbing, and new windows, indicating significant investment in modernization and infrastructure.
Separate Guest House: The property includes a separate guest house with its own entrance, bedroom, bathroom, kitchen, den, and laundry, offering exceptional versatility for rental income, extended guests, or a home office.
Luxurious Outdoor Living & Amenities: An expansive lush grassy yard with room for a pool, a large step-up hot tub, a courtyard with spacious seating and a fire pit, and a 2-car garage with a universal car charger enhance the property's appeal for relaxation and entertainment.
Modern & High-End Interior Finishes: The main house boasts a sleek kitchen featuring Thermador appliances and ample cabinet space, reflecting a modern organic design with clean lines reimagined throughout.

Cons

Perceived Overpricing & Market Resistance: The significant $594k price reduction from the original list price and the property being 'back on market' suggest previous market resistance. The current list price of $4.195M is also substantially higher than the estimated value of $3.296M, indicating it may still be perceived as overpriced.
Seller Financing & Lease Option Availability: The offer of a lease option with purchase and seller-carry back financing (up to $1.5M) implies a highly motivated seller facing challenges in securing a traditional buyer, which can sometimes be viewed as a red flag by prospective purchasers.
Age of Original Structure: Despite extensive 2024 updates to major systems, the home's original build year of 1940 means the underlying structure is over 80 years old, which might raise concerns for some buyers regarding long-term maintenance or preference for newer construction.
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