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$2,245,000

Beds
3
Baths
3.0
sq ft
1,859

7050 Pacific View Dr, Los Angeles, CA 90068

7050 Pacific View Dr

Los Angeles, CA 90068

  • 79 days on market
    • Price drop $50,000↓
Seller would love to see offers on this beautiful home. Tucked away in the Hollywood Hills just off Mulholland Drive, this modern masterpiece is the ultimate hidden gem, replete with a lush internal courtyard and spectacular rooftop deck with panoramic vistas. Echoing with Mediterranean touches, Casa Alegria adopts a modern, minimalist aesthetic, merging whitewashed walls, French Oak-style flooring and exposed beams in a symphony of natural materials. Beyond the front gate, guests are greeted by a palm-dotted courtyard, overflowing with vibrant blooms. A glass pivot door reveals a central living room with floor-to-ceiling windows that frame views of Los Angeles' downtown cityscape. A contemporary take on the classic, Spanish-style home, this three-bedroom, three-bathroom retreat sets the stage for entertaining with a bright, open floorplan. In the kitchen you'll find a custom, live-edge bar, intricately detailed ceramic tile backsplash, and sleek, stainless-steel appliances, including a Viking range. Retreat to the upper level after dinner and take in sparkling city views while perched atop the expansive rooftop deck. You'll also find a luxuriously apportioned bedroom with spa-like bath, which provides a private sanctuary all its own. Ensconced in giant Bird of Paradise flowers, the lower level unfolds to reveal a sprawling primary bedroom with beautifully updated ensuite bath and generous third bedroom all which flow outward to private patios via French doors. Built in 1927 and meticulously maintained, this dreamy hilltop hideaway features a terraced backyard with mature palms and two flat levels perfect for outdoor entertaining. Fully fenced for ultimate privacy, 7050 Pacific View Drive is located blocks from Runyon Canyon's hiking trails and minutes to the heart of downtown Los Angeles, offering the perfect mix of comfort and convenience.

Details

Property type

Single Family Residence

Est. home value

$2,456,934

Property condition

Updated/Remodeled

Lot size

3,599 sq ft

Price per sq ft

$1,208

Year built

1927

HOA

No

Price History

05/31/2024
CLAW

CLAW #24382083

Price change
$2,245,000
-2.18%
05/15/2024
CLAW

CLAW #24382083

Price change
$2,295,000
-2.3%
05/06/2024
CLAW

CLAW #24382083

Price change
$2,349,000
-1.92%

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

$1,300,426
Asking price
$2,245,000
Closing costs (~8% of asking)
-$179,600
Est. remaining loan balance
-$764,974
Cash to seller
$1,300,426

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

Seller’s Loan History

Lender

Citibank Na

Loan start date

March 2022

Original loan amount

$800,000

Est. remaining balance

$764,974

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Michael Mclemore

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: 07/08/2024 at 1:10 AM

Listing updated: 07/02/2024 at 11:56 AM

Listed by: Ruben D. Perez, Compass Phone #: (310) 652-6285

MLS: CLAW #24382083

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