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$4,995,000

Beds
5
Baths
5.5
sq ft
4,819

11937 Addison St, Valley Village, CA 91607

11937 Addison St

Valley Village, CA 91607

  • 42 days on market
Welcome to the latest new construction from MLR Development. Known for impeccable design and top-of-the building materials, this 5 bedroom/6 bath, two-story smart house in Valley Village is, in a word, stunning. Just steps from renowned Colfax Elementary, the house's open floor plan seamlessly showcases its well thought out interior. Upon entry, you're instantly greeted by 11 ft. ceilings, a home movie theatre, and the naturally lit bedroom/bathroom at the front of the house. The dining room with a wall of side windows, overlooks the tranquil outdoor waterfall. Opposite, is the large formal living room with a marble fireplace. Floor-to-ceiling, wall-to-wall glass sliding doors, lead to the private backyard.Offering the ultimate in space configuration, the chef's kitchen with built-in Miele appliances and dual counters is opposite the living room, creating an organic flow, and perfectconnection from room to room. The backyard is an entertainer's dream - with a large patio, fire pit, gourmet kitchen and dining area, and expansive pool/spa on the side of house.Leading upstairs, the wood staircase with wrought iron spindles is dramatically lit by individual lighting on each step. On the second floor, there are four en-suite bedrooms and the laundry room. The primary suite with vaulted ceilings and a large outdoor balcony, is large and luxurious. Beautiful modern sconces hang from each side of the bed, eliminating the need for bedside lamps. This tranquil room has a large bathroom with stand-alone tub, vanity with sink, extending wall-to-wall, and patio with outdoor shower. The extra-large walk-in closet is the dream of every fashionista - with built-in shelving and cabinetry, as well as space enough for bench seating in the middle.The three other en-suite bedrooms are separatedby the full-sized laundry room. Their large windows overlook the front of the house, giving the rooms beautiful natural lighting.

Details

Property type

Single Family Residence

Est. home value

$1,493,465

Lot size

0.2329 acres

Price per sq ft

$1,037

Year built

2024

HOA

No

Price History

08/28/2024
CLAW

CLAW #24429493

Listed
$4,995,000
+227.33%
01/05/2023
CRMLS

CRMLS #PV22250056

Sold
$1,526,000

Schools & Community

Neighborhood: 

Valley Village

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Arixa Enhanced Income Fund Lp

Loan start date

May 2023

Original loan amount

$3,000,000

Est. remaining balance

Not provided

Interest rate

6.42%

Loan type

Commercial, 1 year

Seller

Matav Projects Llc

Lender

Arixa Fund I Llc

Loan start date

January 2023

Original loan amount

$1,145,000

Est. remaining balance

Not provided

Interest rate

6.61%

Loan type

Commercial

Seller

Matav Projects Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/09/2024 at 12:30 PM

Listing updated: 10/04/2024 at 5:09 AM

Listed by: Sasha Kaplan, Coldwell Banker Realty Phone #: (310) 777-6200

MLS: CLAW #24429493

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