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8725 Lookout Mountain Avenue, Los Angeles, California 90046, Los Angeles, 90046 - 3 bed, 4 bath

8725 Lookout Mountain Avenue, Los Angeles, California 90046 home-pic-0
ACTIVE$2,095,000
8725 Lookout Mountain Avenue, Los Angeles, California 90046
3Beds
4Baths
1,836Sqft
2,501Lot
Year Built
2014
Close
-
List price
$2.1M
Original List price
$2.19M
Price/Sqft
$1,141
HOA
-
Days on market
-
Sold On
-
MLS number
25511129
Home ConditionExcellent
Features
Good View: Canyon
Deck
Patio
ViewCanyon

About this home

We found 4 Cons,6 Pros. Rank: price - $2.10M(43th), sqft - 1836(33th), beds - 3(50th), baths - 4(64th).

Motivated seller! Bring all offers! Located in the iconic Laurel Canyon in Los Angeles, California is a famous neighborhood with a rich cultural history and a mix of urban and rural charm, this stunning contemporary home offers the perfect blend of luxury, style, and convenience. Built in 2014 and set on a street-to-street lot with 2 car garage and 2 additional driveway parking spaces. Designed for those who appreciate open space and artistic expression, this two-story home features expansive floor plan, soaring ceilings, and hardwood floors throughout. 3 spacious bedrooms, each with a designer ensuite bathrooms, this home offers ample space to create, entertain, and relax. The open-concept living area includes a cozy gas fireplace, while the modern kitchen is outfitted with high-end finishes, perfect for culinary creativity, porcelain tiles, and individually adjustable AC/heating units in every room adds to the home's luxury and comfort. Buyer to cooperate with sellers 1031 exchange at no cost to the buyer.

Nearby schools

9/10
Wonderland Avenue Elementary School
Public,•K-5•0.4mi
9/10
West Hollywood Elementary School
Public,•K-5•1.4mi
7/10
Gardner Street Elementary School
Public,•K-6•1.9mi
8/10
Valley View Elementary School
Public,•K-6•2.5mi
7/10
Rio Vista Elementary School
Public,•K-5•2.8mi
8/10
Hawthorne Elementary School
Public,•K-8•2.5mi
6/10
Walter Reed Middle School
Public,•6-8•3.0mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•3.1mi
7/10
Fairfax Senior High School
Public,•9-12•2.2mi
6/10
Hollywood Senior High School
Public,•9-12•2.7mi
9/10
Beverly Hills High School
Public,•9-12•3.6mi
8/10
North Hollywood Senior High School
Public,•9-12•3.9mi
6/10
University Senior High School Charter
Public,•9-12•6.3mi
6/10
University Senior High School
Public,•9-12•6.3mi

Price History

Date
Event
Price
03/31/04
Sold
$530,000
Condition Rating
Excellent
Built in 2014, this property falls within the 'Excellent' category for age (within 10 years). The description highlights a 'stunning contemporary home' with 'high-end finishes' in the modern kitchen, 'designer ensuite bathrooms,' and 'hardwood floors throughout.' Images confirm a pristine condition with sleek, current designs, stainless steel appliances, modern fixtures, and no visible signs of wear or deferred maintenance. The individually adjustable AC/heating units further underscore its modern amenities and comfort.
Pros & Cons

Pros

Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Modern & Contemporary Design: Built in 2014, this 'stunning contemporary home' boasts an 'expansive floor plan, soaring ceilings, and hardwood floors throughout,' appealing to modern aesthetic preferences.
Iconic Laurel Canyon Location: Situated in the 'iconic Laurel Canyon,' a neighborhood renowned for its 'rich cultural history and a mix of urban and rural charm,' offering a desirable lifestyle and a 'Canyon' view.
Luxury Interior Appointments: Features a 'modern kitchen... outfitted with high-end finishes,' 'designer ensuite bathrooms' for all three spacious bedrooms, and 'individually adjustable AC/heating units in every room' for ultimate comfort.
Ample Parking: Provides significant convenience with a '2 car garage and 2 additional driveway parking spaces,' a highly valued asset in the Los Angeles area.
Top-Rated Elementary School Access: Located within close proximity (0.42 miles) to Wonderland Avenue Elementary School, which holds a high rating of 9, making it attractive for families.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2501, living area = 1836.
Seller Motivation & Price History: The listing explicitly states 'Motivated seller! Bring all offers!' and shows a price reduction from the original list price, potentially indicating a challenging sales process or initial overpricing.
1031 Exchange Requirement: The buyer's cooperation with a 'sellers 1031 exchange' could introduce complexities and potential delays to the closing timeline, despite being 'at no cost to the buyer.'
Small Lot Size: With a lot size of only 2501 sqft for an 1836 sqft home, the property offers limited outdoor space, which might be a drawback for buyers seeking larger yards or extensive outdoor entertaining areas.

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