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$28,500,000

Beds
9
Baths
9.5
sq ft
20,000

4533 Cockerham Dr, Los Angeles, CA 90027

4533 Cockerham Dr

Los Angeles, CA 90027

  • 133 days on market
    • Price drop $6,300,000↓
    • Open house Jul 02
REDUCED $10 MILLION! The most incredible deal for a major estate of this caliber. One of the most extraordinary properties available in decades! Renowned architect William Hefner AIA of Studio William Hefner has created a world class Estate with the finest imported materials and design. Gated with a 650-foot driveway leading to a prime 2+/- acre promontory with vast unobstructed city to ocean views. Multi structure private compound includes a newly built Limestone Mediterranean Mansion with over 20,000 square feet on 3 levels. Grand 2 story entry with sweeping staircase and honed marble floors. Gorgeous library and living room w/ imported stone fireplace open to expansive entertainment view terraces. Bar/lounge with gorgeous fireplace and custom wood details for cocktails before dinner in the spectacular formal dining room with hand-painted walls and stone fireplace. The most incredible kitchen family rm with imported fireplace, breakfast rm, center island, a separate prep kitchen along with a covered heated terrace and full outdoor kitchen with every amenity. Ultra luxurious primary suite with sitting room suite all open to incredible view terrace, marble FP, gorgeous his and her baths and large closets. Four additional ensuite bdrms each with unique design elements, large closets a covered terrace 2nd floor laundry and elevator access. Fantastic lower-level features entertaining bar and lounge, beautiful movie theater and game room. Spectacular gym with head on city views, opens to limestone terrace spa and gardens. Steam room, infrared sauna and salon/glam room area. Additional amenities include: Oversized garage with elevator directly servicing all floors. Grand motor court easily accommodates large scale entertaining events. Majestic fountains and sculpture, rose gardens, wrap around lawns, Incredible use of wood details, iron, lighting fixtures, polished stone, tile, imported fireplace mantels and more. 2 separate 1 bedroom guest houses also make great office or creative space. One overlooks the classic pool with fountains and nature paths under mature specimen trees and tranquil nature elements. Don't miss this rare opportunity of extraordinary design and quality. Shown to prequalified buyers only.

Details

Property type

Single Family Residence

Est. home value

$9,466,114

Property condition

Updated/Remodeled

Lot size

2.0116 acres

Price per sq ft

$1,425

Year built

1917

HOA

No

Price History

06/25/2024
CLAW

CLAW #24359319

Price change
$28,500,000
-18.1%
02/17/2024
CLAW

CLAW #24359319

Listed
$34,800,000
+443.92%
04/06/2018
CLAW

CLAW #18326366

Sold
$6,398,000
+19.59%

Schools & Community

Neighborhood: 

Los Feliz

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

Oakhurst Income Fund I Lp

Loan start date

July 2019

Original loan amount

$3,000,000

Est. remaining balance

Not provided

Interest rate

3.99%

Loan type

Building or Construction Loan

Seller

888 Cockerham 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: Active

Tomo last checked: 06/29/2024 at 5:15 AM

Listing updated: 06/28/2024 at 9:43 AM

Listed by: Brett Lawyer, Carolwood Estates Phone #: (310) 623-3600

MLS: CLAW #24359319

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