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$6,995,000

Beds
4
Baths
5.25
sq ft
6,158

7551 Jalmia Way, Los Angeles, CA 90046

7551 Jalmia Way

Los Angeles, CA 90046

  • 63 days on market
Nestled in a quiet oasis just minutes from Sunset Boulevard, this is a must-see Spanish-style estate situated on two expansive lots. Feast your eyes on a rare opportunity to own over 1.5 acres of prime LA real estate. The entire property has been meticulously landscaped. The estate is encapsulated by mature trees, and has equal opportunity as a private estate, potential new development opportunity and/or existing income opportunity. As you enter the central driveway, the house sits on nearly an acre to the left, while the other .81 acres on the right were kept as a serene walking path and putting green, all enveloped by olive trees and an expansive desert-scape. Spanning 6,158 square feet, this four-bedroom, five-and-a-half-bathroom home is a masterpiece of Spanish architecture and modern comfort. The moment you step into the 2 story foyer with exposed wood beams, you are greeted by adobe tiles, setting the tone for the home’s rich character. Hand-distressed wood floors extend throughout the main living area, leading you to a spacious living room and formal dining room. The kitchen is the heart of the home, featuring an oversized island and top notch appliances with a door directly out to the Teak wood deck, where you can enjoy your back yard oasis. Outside, the beautifully renovated pool and jacuzzi are surrounded by vibrant landscaping designed to evoke the utmost privacy, accompanied by a beautifully restored waterfall. Other features on the main level include an oversized office with a built-in library, an outdoor covered patio with an accompanied full bath (previously converted from a bedroom as a maid's quarters), and a powder room. Up the stairs of the foyer, the primary suite includes an oversized fireplace and private balcony. The suite also includes a walk-in closet and an en-suite bathroom featuring an oversized shower and separate jacuzzi tub. Two additional bedrooms with their own en-suite bathrooms and a sunning balcony accompany this level of the home, as well. Below the main level, The downstairs offers a large, flexible space that can easily transform into a gym, game room, or home theater. Buyer to verify all development possibilities for additional APN included in the sale. By Appointment Only. Please do not bother tenants.

Details

Property type

Single Family Residence

Est. home value

$4,819,400

Lot size

0.8607 acres

Price per sq ft

$1,136

Year built

1997

Price History

09/03/2024
CRMLS

CRMLS #PW24182472

Listed
$6,995,000

Schools & Community

Neighborhood: 

Hollywood Hills

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

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

Jpmorgan Chase Bank Na

Loan start date

March 2021

Original loan amount

$2,679,000

Est. remaining balance

Not provided

Interest rate

2.37%

Loan type

New Conventional, 30 year

Seller

Brett Markinson and Brett Markinson Separate Property Trust

Lender

Wells Fargo Bank Na

Loan start date

March 2006

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

6.25%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Brett Markinson and The Brett Markinson Separate Property Tr

Lender

Greenpoint Mtg Funding Inc

Loan start date

July 2002

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

6.18%

Loan type

Credit Line (Revolving), 15 year

Seller

Brett Markinson

Lender

Merrill Lynch Credit Corp

Loan start date

October 2001

Original loan amount

$1,445,500

Est. remaining balance

Not provided

Interest rate

4.37%

Loan type

Not Provided, 25 year

Seller

Brett Markinson and Brett Markinson Separate Property Trust

Lender

Greenpoint Mtg Funding Inc

Loan start date

April 2001

Original loan amount

$440,000

Est. remaining balance

Not provided

Interest rate

6.52%

Loan type

Credit Line (Revolving), 15 year

Seller

Brett Markinson

Lender

The Richland Group

Loan start date

November 1998

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

6.6%

Loan type

Credit Line (Revolving)

Seller

Brett Markinson

Lender

Homecomings Financial Network Inc

Loan start date

November 1997

Original loan amount

$87,500

Est. remaining balance

Not provided

Interest rate

7.38%

Loan type

Credit Line (Revolving), 25 year

Seller

Brett Markinson

Lender

Bank Of America National Tr & Svgs Assn

Loan start date

October 1997

Original loan amount

$1,312,500

Est. remaining balance

Not provided

Interest rate

6.62%

Loan type

Not Provided, 30 year

Seller

Brett Markinson

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 3:20 PM

Listing updated: 10/07/2024 at 7:10 AM

Listed by: Keith Yoder, Keller Williams Coastal Prop. Phone #: (562) 961-1400

MLS: CRMLS #PW24182472

CRMLS logo

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