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$3,766,292Estimated home value

Beds
6
Baths
6.5
sq ft
4,593

1232 Hilldale Ave, West Hollywood, CA 90069

1232 Hilldale Ave

Los Angeles, CA 90069

  • Off market
    • Price drop $51,000↓
"Hilldale House", a magical estate encompassing TWO PRIVATE SINGLE-FAMILY HOMES PLUS GUEST HOUSE nestled amongst mature old growth landscaping in this most sought-after Bird Street adjacent enclave. (1) 1232 HILLDALE AVE: an enchanting 1924 turreted Cottage, secluded behind gates amidst magnificent grounds with an English garden that recollects the Devonshire countryside, yet just steps to the beating heart of the Sunset Strip. Included is an incomparably charming three-story guest house (ADU) "The Carriage House" that adds a whimsical aura to this storybook property. The entire home exudes old world class and is adorned with vintage period finishes that transport back to the golden age of Hollywood. With 100 years of history, this residence continues to inspire romance, creativity and tranquility; (2) OZETA HOUSE: a 3 Bed/2.5 Bath spacious two-story home, completely independent and private from the main residence. Surrounded by a forest of trees and singing birds, this 2nd home is a time capsule to the nostalgic 1970's and features an enormous beamed Great Room, large backyard deck and a private garden. The entire property is sited on a huge corner lot perched perfectly above Sunset Blvd with breathtaking views of the city below. 8 parking spaces total, each home enjoys 4 separate spaces. APPROVED RTI PERMITS AND PLANS for an extensive transformation and expansion to elevate this already legendary property - maintaining and enhancing the historic charm while adding every imaginable modern luxury. This unique offering presents a potentially generational opportunity with multiple use options for an owner user, investor or developer.

Details

Property type

Single Family Residence

Est. home value

$3,766,292

Lot size

0.2318 acres

Price per sq ft

$1,067

Year built

1924

HOA

No

Price History

08/14/2024
CLAW

CLAW #24376979

Removed
$4,899,000
08/02/2024
CLAW

CLAW #24376979

Price change
$4,899,000
-1.03%
07/11/2024
CLAW

CLAW #24376979

Price change
$4,950,000
-0.98%

Schools & Community

Neighborhood: 

Hollywood Hills

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

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

Seller could get up to

$2,524,906
Asking price
$4,899,000
Closing costs (~8% of asking)
-$391,920
Est. remaining loan balance
-$1,982,174
Cash to seller
$2,524,906

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Oaktree Funding Corp

Loan start date

January 2022

Original loan amount

$2,100,000

Est. remaining balance

$1,982,174

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

1232 Hilldale 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?

Status: Off Market

Tomo last checked: 10/04/2024 at 4:30 PM

Listing updated: 08/13/2024 at 12:34 PM

Listed by: Chad Lurtsema, The CMLgroup, Inc. Phone #: (310) 694-8992

MLS: CLAW #24376979

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