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$6,295,000

Beds
4
Baths
4.5
sq ft
4,804

2477 Canyon Oak Dr, Los Angeles, CA 90068

2477 Canyon Oak Dr

Los Angeles, CA 90068

  • 12 days on market
    • Open house Nov 05
Located in the highly desirable "The Oaks" enclave of Los Feliz (the allure of an estate-level property in The Oaks cannot be overstated), this stylish and sophisticated 4BR/4.5BA Streamline Moderne conveys the ultimate private compound experience. This residence at 2477 Canyon Oak Drive has both style AND substance. A note on style: Streamline Moderne is an international style of Art Deco architecture and design that emerged in the 1930s, with this particular home being built in 1937. Inspired by aerodynamic design, it emphasized curving forms, long horizontal lines, and sometimes nautical elements. It was meant to give the impression of sleekness and modernity. And it certainly does feel sleek and modern here at the Canyon Oak House. Let's address substance: Spanning three levels and 4,804 sq.ft., the structure showcases stunning floor-to-ceiling glass and iron walls, windows, and doors that open to reveal 20,415 sq.ft. of useable, lush, natural, park-like grounds, providing a seamless connection between indoor and outdoor life. Inside on all its levels, its architectural moments catch the eye. Whether it's the living room's double-height sky-lit ceilings, the formal dining room's curving wall of nine windows, or dueling grand spiral staircases down to the screening room, this house wins in the "wow factor" category. The entry level features the living room with a 20-foot-high fireplace mantel, exuding elegance, and grandeur. The living area, accented by gleaming hardwood floors, opens to a large patio which overlooks the Great Lawn and faces evening sunsets. The dining room is big enough for holiday gatherings and opens to a terrace with views and a barbecue. After dinner (or any meal), move along to the family room for an aperitif from the wet bar. The entry floor's kitchen is lined with stainless-steel brand-name appliances, like a full-size side-by-side SubZero refrigerator and freezer, a commercial-grade Viking range with two ovens, and two stainless sinks: one double-sided and one for prep in the gourmet cook's sizable island. Also, a built-in booth-style kitchen table makes for meals on the go gazing at the front courtyard's pond while sipping coffee. A large powder room is nearby. On the home's upper level is an ultra-private primary suite, a sanctuary of luxury. It includes a private balcony that overlooks the treetops and city lights beyond, providing serene, pastoral views. The head-of-household's bedroom also features a walk-in closet and fireplace. The spacious private bathroom is adorned with period tile, further adding to the property's Deco-era character and charm. A very special guest suite (no common walls with the master) occupies space on the second floor also, featuring two large terraces (front and back) and its private bathroom. A laundry room is also on this floor. The lower level of the Canyon House contains two additional bedrooms (making 4 total in the residence); one of which has an en-suite bathroom and a separate exterior entrance, perfect for long-term guest visits. There is also room in this suite for an office, treadmill/gym equipment, or small living/dining area. These two bedrooms share the floor with a family-size screening room (complete with projector and roll-down screen), a well-appointed wet bar from which to serve food and drinks at the pool level. The home's fourth bathroom services the fourth bedroom and doubles as a pool bathroom. The outdoor area of this estate is truly exceptional, featuring a stunning flat yard with an abundance of mature trees that add a sense of natural beauty and tranquility. A new owner could thin the grove of trees to capture more complete city lights views. A custom pool with a Playboy Mansion-style grotto spa (also a blast for kids) has a cascade of waterfalls that add to the resort-level of accoutrement present at Canyon House.

Details

Property type

Single Family Residence

Est. home value

$4,759,012

Lot size

0.4687 acres

Price per sq ft

$1,311

Year built

1937

HOA

No

Price History

10/24/2024
CLAW

CLAW #24453249

Listed
$6,295,000

Schools & Community

Neighborhood: 

Hollywood Hills

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

Luxury Mortgage Corp

Loan start date

August 2021

Original loan amount

$1,500,000

Est. remaining balance

$1,397,842

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Loren S Ostrow and Brian Newkirk

Lender

Bank Of America

Loan start date

December 1998

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

Not Provided, 30 year

Seller

Loren S Ostrow and The Loren S Ostrow Living Trust

Lender

Wells Fargo Bank

Loan start date

April 1998

Original loan amount

$65,000

Est. remaining balance

$0

Interest rate

6.69%

Loan type

Not Provided, 15 year

Seller

Loren S Ostrow and The Loren S Ostrow Living Trust

Lender

Brooksamerica Mtg

Loan start date

September 1997

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

7.46%

Loan type

Stand Alone Second

Seller

Loren S Ostrow

Lender

Chase Manhattan Mtg Corp

Loan start date

August 1997

Original loan amount

$963,750

Est. remaining balance

$205,313

Interest rate

7.47%

Loan type

Not Provided, 30 year

Seller

Loren S Ostrow

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: 11/05/2024 at 7:20 AM

Listing updated: 11/01/2024 at 8:15 AM

Listed by: Jeff Yarbrough, Keller Williams Beverly Hills Phone #: (310) 432-6400

MLS: CLAW #24453249

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