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$37,995,000

Beds
6
Baths
10.5
sq ft
17,661

615 N Faring Rd, Los Angeles, CA 90077

615 N Faring Rd

Los Angeles, CA 90077

  • 93 days on market
Welcome to The Monocle, an exquisite newly built estate nestled in one of Holmby Hills' most prestigious and private neighborhoods. Situated at 615 Faring Road, this architectural gem boasts breathtaking views of the valley, mountains, and treetops, enveloping you in tranquility and luxury. Spanning three spacious levels, this 6-bedroom, 12-bath retreat offers an array of thoughtfully designed living spaces. The chef's kitchen is a culinary dream, featuring top-of-the-line Miele ovens, two mini wine cellars, and a cozy kitchen nook perfect for casual dining. Each bedroom is a sanctuary, complete with ensuite baths and generous closet space. The opulent primary suite is a true haven, showcasing a private balcony, a cleverly integrated camouflage ceiling TV, dual closets, a cozy fireplace, and two luxurious full baths. Additional amenities include two well-appointed laundry rooms, an office, an elevator for effortless access, and a dedicated wine cellar. The lower level is a spectacular entertainment hub, complete with a stylish bar and a resort-style gym and spa featuring a pool, yoga room, and massage area. Outdoors, the manicured grounds invite you to relax by the pool and spa or host gatherings in the fully equipped BBQ kitchen. Located just minutes from esteemed institutions like Harvard-Westlake Middle School, Westwood, and Beverly Hills, 615 Faring Road is not just a home; it's a lifestyle of luxury and sophistication.

Details

Property type

Single Family Residence

Est. home value

$17,912,778

Lot size

0.6926 acres

Price per sq ft

$2,152

Year built

2023

HOA

No

Price History

09/20/2024
CLAW

CLAW #24442013

Listed
$37,995,000
-2.56%
07/16/2024
CLAW

CLAW #23326547

Removed
$38,995,000
05/11/2024
CLAW

CLAW #23326547

Price change
$38,995,000
-13.34%

Schools & Community

Neighborhood: 

Beverly Glen

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

$25,117,574
Asking price
$37,995,000
Closing costs (~8% of asking)
-$3,039,600
Est. remaining loan balance
-$9,837,826
Cash to seller
$25,117,574

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

August 2023

Original loan amount

$10,500,000

Est. remaining balance

$9,837,826

Interest rate

6.06%

Loan type

New Conventional, 14 year

Seller

Faring Hills 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: 12/25/2024 at 11:25 PM

Listing updated: 12/04/2024 at 7:30 PM

Listed by: Aaron Kirman, Christie's International Real Estate SoCal Phone #: (424) 249-7162

MLS: CLAW #24442013

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