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7316 Caverna Drive, Los Angeles, California 90068, Los Angeles, 90068 - 2 bed, 2 bath

7316 Caverna Drive, Los Angeles, California 90068 home-pic-0
ACTIVE$2,650,000
7316 Caverna Drive, Los Angeles, California 90068
2Beds
2Baths
1,582Sqft
6,561Lot
Year Built
1951
Close
-
List price
$2.65M
Original List price
$2.65M
Price/Sqft
$1,675
HOA
-
Days on market
-
Sold On
-
MLS number
25531691
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.65M(78th), sqft - 1582(22th), beds - 2(21th), baths - 2(38th).

The Bergren Residence, 1953. John Lautner, Architect. Nestled in the Hollywood Hills, the residence underwent a meticulous restoration under the guidance of Escher GuneWardena and stands as a dreamy testament to Los Angeles's age of modernism. Step into an open space defined by redwood, concrete, glass, and a sculptural butterfly roof, framing sweeping mountain views. A brick fireplace acts as the focal point in the living, while a minimalist Poliform kitchen furnished with Gaggenau appliances and updated details throughout further enhances the experience. The original bedroom shares an expansive wall with the living room, maintaining an effortless flow. While Lautner's later addition, a secluded and generously scaled primary, enjoys complete privacy, enveloped by lush landscaping. This is a rare opportunity to acquire a significant piece of architecture by one of the most influential architects of the 20th century.

Nearby schools

8/10
Valley View Elementary School
Public,•K-6•0.5mi
7/10
Gardner Street Elementary School
Public,•K-6•1.5mi
4/10
Selma Avenue Elementary School
Public,•K-6•1.8mi
7/10
Rio Vista Elementary School
Public,•K-5•2.0mi
6/10
Cheremoya Avenue Elementary School
Public,•K-6•2.1mi
4/10
Grant Elementary School
Public,•K-6•2.7mi
8/10
R. L. Stevenson Elementary School
Public,•K-5•2.7mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•3.6mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•2.5mi
3/10
Joseph Le Conte Middle School
Public,•6-8•2.7mi
6/10
Walter Reed Middle School
Public,•6-8•2.9mi
5/10
David Starr Jordan Middle School
Public,•6-8•3.7mi
6/10
Thomas Starr King Middle School
Public,•6-8•4.5mi
6/10
Hollywood Senior High School
Public,•9-12•1.8mi
7/10
Fairfax Senior High School
Public,•9-12•2.6mi
8/10
North Hollywood Senior High School
Public,•9-12•3.7mi
7/10
Burroughs High School
Public,•9-12•3.7mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•3.9mi
8/10
John Marshall Senior High School
Public,•9-12•4.4mi

Price History

Date
Event
Price
11/16/18
Sold
$1,950,000
03/12/04
Sold
$872,000
Condition Rating
Excellent
Despite being built in 1951, the listing explicitly states a 'meticulous restoration' under the guidance of Escher GuneWardena, with 'updated details throughout.' The kitchen features a minimalist Poliform design with high-end Gaggenau appliances, and the bathrooms appear equally modern and well-appointed in the images. All visible components, including flooring, lighting, and finishes, reflect a virtually new condition, meeting current luxury standards with no signs of deferred maintenance. This comprehensive, high-quality renovation places the property firmly in the 'excellent' category.
Pros & Cons

Pros

Architectural Significance: Designed by the renowned John Lautner, 'The Bergren Residence' is a rare and significant piece of 20th-century modernist architecture, appealing to discerning buyers and collectors.
Meticulous Restoration: The property has undergone a meticulous restoration by Escher GuneWardena, ensuring its historical integrity is preserved while offering modern functionality.
Premium Location: Nestled in the prestigious Hollywood Hills (MLS Area: C03 - Sunset Strip - Hollywood Hills West), offering a desirable address and lifestyle.
Unique Design Elements: Features distinctive modernist elements such as redwood, concrete, glass, a sculptural butterfly roof, and an open-concept layout, creating a unique living experience.
High-End Kitchen: The minimalist Poliform kitchen is furnished with top-of-the-line Gaggenau appliances, providing a luxurious and functional culinary space.

Cons

Significant Price Discrepancy: The current list price of $2.65M is substantially higher than the estimated property value of $1.74M, indicated by a -34% estimation ratio, which may deter some potential buyers.
Smaller Square Footage for Price Point: With 1582 sqft at a $2.65M list price, the property offers a high price per square foot, potentially limiting the buyer pool seeking more expansive living space for the investment.
Limited Bedrooms/Bathrooms: The property features only 2 bedrooms and 2 bathrooms, which might not meet the needs of larger families or buyers desiring more guest accommodations at this luxury price point.

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