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$4,495,000

Beds
5
Baths
5.0
sq ft
4,600

3200 Oakley Dr, Los Angeles, CA 90068

3200 Oakley Dr

Los Angeles, CA 90068

  • 118 days on market
    • Price drop $500,000↓
    • Open house Dec 22
Introducing "Seijaku", an exceptional development opportunity nestled on a serene and private 1.6-acre gated compound in the prestigious Hollywood Hills. This rare gem offers sweeping views of Universal Studios, the Santa Monica Mountains, and the San Fernando Valley, providing an unparalleled canvas for visionary transformation.As you approach through the exclusive gated entrance, a picturesque, winding driveway leads you to a generous motor court, capable of accommodating up to ten vehicles. The property currently features a charming traditional home, which offers a unique opportunity for either a comprehensive renovation or a complete reimagining into a grand, bespoke estate.Beyond the home, the expansive backyard reveals a pool and spa set against breathtaking vistas, creating an ideal backdrop for both lavish entertaining and peaceful relaxation. The vast grounds are brimming with development potential, offering the perfect setting for a range of bespoke amenities, including a luxurious wellness retreat, cutting-edge recording studios, verdant edible gardens, or a dynamic Pickleball or Padel court.Strategically located near the finest restaurants, entertainment venues, shopping, and nightlife that Hollywood and Studio City have to offer, "Seijaku" provides both privacy and proximity to the vibrant pulse of the city. This property represents a rare opportunity to create a personalized compound or to preserve the charm of an existing traditional estate, situated on one of the largest and most coveted lots in the area.Conceptual renderings are provided to illustrate the potential for development on this site. Prospective buyers are encouraged to conduct their own due diligence with local design review boards, ordinances, architects, land use consultants, and other relevant professionals to explore the full scope of possibilities.

Details

Property type

Single Family Residence

Est. home value

$4,322,025

Lot size

1.605 acres

Price per sq ft

$978

Year built

1950

HOA

No

Price History

10/08/2024
CLAW

CLAW #24426517

Price change
$4,495,000
-10.01%
08/26/2024
CLAW

CLAW #24426517

Listed
$4,995,000
+47%
10/31/2018
CRMLS

CRMLS #PW17279189

Sold
$3,398,000
+41%

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

First Republic Bank

Loan start date

September 2020

Original loan amount

$5,476,000

Est. remaining balance

Not provided

Interest rate

2.9%

Loan type

Credit Line (Revolving)

Seller

3200 Oakley 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: 12/22/2024 at 12:20 PM

Listing updated: 12/22/2024 at 10:30 AM

Listed by: Oliver Thornton, Hollywood Estates Phone #: (310) 704-1794

MLS: CLAW #24426517

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