960 Stradella Road, Los Angeles, California 90077, Los Angeles, 90077 - 5 bed, 6 bath
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Los Angeles, California 90077
Analysis of 960 Stradella Road, Los Angeles, California 90077 is currently available with a list price of $8,975,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1962, this property retains its mid-century modern architectural style but the interior finishes, particularly the kitchen and bathrooms, are significantly dated. The kitchen features older appliances and cabinet styles, while bathrooms show 80s/90s aesthetics with gold fixtures, mirrored walls, and older tile/shower enclosures. While the home appears well-maintained and functional, it requires substantial cosmetic updates to meet current luxury standards and buyer expectations, aligning with the 'Fair' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 79722, living area = 4320.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in the highly exclusive and prestigious Bel Air - Holmby Hills area (90077), offering significant prestige and desirability within the Los Angeles luxury market.
Built in 1962, the property may require significant modernization and updates to meet current luxury standards and buyer expectations, potentially incurring substantial renovation costs.
An on-market date from October 2021 suggests a prolonged listing period, potentially indicating overpricing or other challenges. The conflicting sales history in 2022 (7.6M then 5.1M) also raises questions about valuation stability.
The nearly $9 million list price, combined with the property's age and potential need for extensive renovations, could present a challenge in attracting buyers seeking move-in ready luxury.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 2.2 mi
Grades 6-8 • 5.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 64% |
| Baths | 6.0 | 4.0 | 75% |
| Square foot | 4,320 | 2,917 | 73% |
| Lot Size | 79,722 | 22,222.5 | 80% |
| Price | $8.97M | $3.09M | 88% |
| Price per sq ft | $2.1K | $956 | 91% |
| Built year | 1962 | 1968 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 1647 | 205 | 0% |
Aug 11, 2022
$5,100,000
Public Record
May 9, 2022
$7,600,000
Public Record
Dec 20, 2013
$5,150,000
Public Record
Dec 8, 2006
$3,950,000
Public Record