501 Cascada Way, Los Angeles, California 90049, Los Angeles, 90049 - 5 bed, 5 bath
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Los Angeles, California 90049
This Cape Cod-inspired residence represents a Strong Value Opportunity, listed at $4,900,000—positioned above the $4,621,628 Fair Market Value. While priced at a premium, the property offers a Good Condition Rating and features a remodeled kitchen with Viking appliances on an expansive 10,047 sqft flat lot. Its location in the Bel Air hills provides a prestigious lifestyle, though the vintage infrastructure suggests potential for future modernization. This residence is an ideal acquisition for Owner-Occupants seeking a character-rich home or Long-term Investors prioritizing location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 501 Cascada Way Subject | $4,900,000* List Price | 5 | 5 | 3,200 | $1,444 | - |
A 141 Barlock Avenue Sold | $4,400,000 | 4 | 4 | 3,239 | $1,358 | 0.5 mi |
B 251 Tavistock Avenue Sold | $3,985,000 | 4 | 3 | 3,230 | $1,234 | 0.6 mi |
C 11232 Cashmere Street Sold | $4,250,000 | 5 | 5 | 3,156 | $1,347 | 0.9 mi |
D 211 Barlock Avenue Pending | $4,395,000 List Price | 3 | 3 | 2,911 | $1,510 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1951, the property is well-maintained and move-in ready with a remodeled kitchen featuring premium Viking appliances. Visible upgrades include modern lighting and mini-split HVAC systems, though the 70+ year old structure and original architectural style place it in the 'Good' category rather than 'Excellent'.
Situated in the highly coveted Bel Air hills, this property offers proximity to elite Brentwood and Bel Air amenities, ensuring long-term value and a desirable lifestyle.
The rare, mostly flat 10,044 square foot lot provides a versatile outdoor space with ample room for a pool, recreation, or future expansion in a hillside neighborhood.
The heart of the home features a modern, remodeled kitchen equipped with premium Viking appliances, blending contemporary functionality with the residence's classic charm.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3200, other record living area = 2392. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Despite its hillside location, the property is noted as having no significant views, which may be a disadvantage compared to neighboring estates that offer canyon or city vistas.
Originally built in 1951, the home may require ongoing maintenance or updates to its older systems and structural elements to meet modern luxury standards.
Nestled in the coveted Bel Air hills, this timeless Cape Cod-inspired residence blends classic East Coast charm with the relaxed elegance of California living. Set on an expansive, mostly flat lot of approximately 10,044 square feet, the home offers a warm and inviting atmosphere with hardwood floors, crisp architectural details, and beautifully proportioned living spaces designed for both everyday comfort and effortless entertaining. The spacious living room and intimate paneled den open seamlessly to a sun-drenched terrace and sprawling backyard, creating the perfect indoor-outdoor lifestyle. A remodeled kitchen featuring premium Viking appliances serves as the heart of the home, complemented by a formal dining room and generous family room ideal for gatherings large and small. Upstairs, comfortable bedroom accommodations provide privacy and flexibility, including an additional room well-suited as a home office, guest room, or creative space. The expansive backyard offers endless possibilities for recreation, entertaining, a future pool, or simply enjoying the serenity of this exceptional setting. Located moments from the finest shopping, dining, and amenities of Brentwood and Bel Air, this charming residence presents a rare opportunity to enjoy character, space, and an unbeatable Westside location in one of Los Angeles' most sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,200 | 1,672 |
| Lot Size | 10,047 | 6,067 |
| Price | $4.90M | $1.37M |
| Price per sq ft | $1.5K | $801 |
| Built year | 1951 | 1939 |
| HOA | $0 | $348 |
| Days on market | 23 | 56 |
Jun 29, 2026
$4,900,000
Initial Listing
Jun 11, 2014
$2,030,020
Public Record