9405 Sierra Mar Place, Los Angeles, California 90069, Los Angeles, 90069 - 5 bed, 6 bath

9405 Sierra Mar Place, Los Angeles, California 90069 home-pic-0
ACTIVE$13,995,000
9405 Sierra Mar Place, Los Angeles, California 90069
5Beds
6Baths
6,300Sqft
18,902Lot
Year Built
1960
Close
-
List price
$13.99M
Original List price
$13.99M
Price/Sqft
$2,221
HOA
-
Days on market
-
Sold On
-
MLS number
25530343
Home ConditionExcellent
Features
Excellent View: City Lights, Landmark, Ocean
Deck
Pool
ViewCity Lights,Landmark,Ocean

About this home

Possibly Over-Priced:The estimated price is 32% below the list price. We found 3 Cons,5 Pros. Rank: price - $13.99M(93th), sqft - 6300(88th), beds - 5(81th), baths - 6(72th).

Escape from the day-to-day hustle and live perched above the city in this contemporary masterpiece by acclaimed Designer Nicole Sassaman. From the moment you step foot onto the property, you can most certainly "expect the unexpected". This gated compound is sited in the famed Bird Streets and provides stunning panoramic views and the ultimate in privacy. On arriving at the property, you are greeted by a set of imposing gates that protect the mature palm tree-lined private driveway. The architectural journey begins with your entrance into a gallery-sized entry with 20-foot-high ceilings and walls of glass that provide breathtaking views of the City below. The finest fixtures and components were seamlessly integrated into this five-bedroom, six-and-a-half-bath designer home. Anchored by two Poliform and Gaggenau kitchens that provide both a complete prep and a separate "serving/entertaining kitchen". The master suite features a Spa-like bath with incredible views and a spectacular, two-story closet. An inviting heated lap pool is set in the monochromatic entertainer's deck. The property boasts a park-sized, grassy yard suitable for both children and pets. The property parks 10+ cars in the gated driveway and up to four cars in the garage. This home will not disappoint and is perfect for car collectors and people who love to cook and entertain.

Price History

Date
Event
Price
11/06/23
Sold
$6,400,000
03/24/11
Sold
$5,650,056
07/30/04
Sold
$4,112,500
Condition Rating
Excellent

Despite being built in 1960, this property has undergone an extensive, high-end renovation by acclaimed Designer Nicole Sassaman, transforming it into a contemporary masterpiece. The description highlights 'finest fixtures and components' and features two Poliform and Gaggenau kitchens, indicating top-tier, modern appliances and cabinetry. The bathrooms are described as 'Spa-like' and visually confirm a luxurious, modern aesthetic with high-quality finishes. All visible elements, including flooring, lighting, and fixtures, appear new or virtually new, meeting current luxury standards with no deferred maintenance.
Pros & Cons

Pros

Elite Location & Privacy: Situated in the famed Bird Streets, this gated compound offers unparalleled privacy and exclusivity, a highly sought-after attribute in the Los Angeles luxury market.
Breathtaking Panoramic Views: The property boasts stunning panoramic views of the city, landmarks, and ocean, including from the spa-like master bath, significantly enhancing its luxury appeal and value.
Designer Renovation & Luxury Amenities: A contemporary masterpiece by acclaimed Designer Nicole Sassaman, featuring the finest integrated fixtures, two Poliform and Gaggenau kitchens, and a spectacular two-story master closet.
Exceptional Entertaining & Outdoor Spaces: Designed for grand entertaining with a separate serving kitchen, an inviting heated lap pool, a monochromatic entertainer's deck, and a large, park-sized grassy yard.
Extensive Vehicle Accommodation: Offers substantial parking with space for 10+ cars in the gated driveway and a four-car garage, making it highly attractive for car collectors or households with multiple vehicles.

Cons

Significant Valuation Discrepancy: The current listing price of $13.995M is substantially higher than the estimated property value of $9.476M, which may present a challenge in buyer perception and negotiation.
Original Construction Age: Despite extensive modern renovations, the home's original construction year of 1960 might raise questions for some luxury buyers regarding underlying infrastructure or long-term maintenance compared to newer builds.
Niche Market Appeal: The highly customized design by a specific acclaimed designer, while a strength for some, may cater to a more specific taste within the ultra-luxury market, potentially narrowing the pool of prospective buyers.

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