tomo logo

$4,250,000

Beds
5
Baths
4.0
sq ft
3,700

7825 Hillside Ave, Los Angeles, CA 90046

7825 Hillside Ave

Los Angeles, CA 90046

  • 94 days on market
    • Price drop $305,000↓
Beautiful Spanish compound stands prominently above the street in a fortress-like setting offering quiet protected interiors and multiple courtyard environments. Known as Villa Rya, the historic villa was built in 1938 by Paul C. Pape. Fully gated and completely private, the current owner has thoughtfully maintained and updated the property for almost half a century to an impressive degree. Wrought iron adorns architectural elements of the exterior structure while the imposing great wooden door is the main entry to an abundance of charming "Old Hollywood" features that are so rarely seen today. Stained glass, curved arches and beamed ceilings continue the ambiance as the beautiful and richly colored Spanish tile flooring unifies the space. On the Main Level, which is perfectly laid out for entertaining and enjoyment, major rooms open to the first of multiple courtyards, offering numerous cabana sections as conversation areas or relaxing lounges. Nearby is the barbecue patio which can also host a bar setup for largescale events. Endless French doors allow constant indoor/outdoor lifestyle opportunities.Living Rm features a centerpiece fireplace and unique sconces plus a custom-built Wet Bar restaurant-style for fun and enjoyment . Guests can sit at the Bar and see city lights sparkling outside the numerous banks of windows pointing at the view. The Formal Dining Rm is spacious and also provides a large picture window seeing city light views at night. Kitchen is very large with a huge central bar island for food prep and serving plus plentiful cabinets for storage and long sections of countertop space. French doors open from the Kitchen to the main courtyard. There is a bedroom nearby for guest or occupant who wants to remain on the main level. Upstairs there are 3 add'l bedrooms offering various view delights with the Primary Suite offering head-on views of Downtown LA skyline. Every room is sunny and airy with walls of windows. Enter the gated driveway to the large 2 car Garage or allow extra guest parking in the motorcourt space due to the oversized lot. Swimming Pool echoes tropical settings seen in Cabo and Costa Rica. Foliage surrounds the oval Pool & huge Spa with a surrounding terrace leading to covered lounge space or dine poolside al fresco. Separate Casita/Guest House rises above the Pool area and provides scenic views day or night of the LA skyline. Perfect for guest accommodation or income producing separate quarters. Truly one-of-a-kind living in one of the city's most central convenient locations easy access to Sunset Strip/ WeHo or Hollywood and the Studios in the Valley, 8 minutes to The Grove.

Details

Property type

Single Family Residence

Est. home value

$4,624,938

Lot size

9,308 sq ft

Price per sq ft

$1,149

Year built

1938

HOA

No

Price History

09/20/2024
CLAW

CLAW #24426101

Price change
$4,250,000
-6.7%
08/12/2024
CLAW

CLAW #24426101

Listed
$4,555,000
-6.95%
07/26/2024
CLAW

CLAW #24397979

Removed
$4,895,000

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

Finance Of America Reverse Llc

Loan start date

July 2022

Original loan amount

$6,000,000

Est. remaining balance

Not provided

Interest rate

5.3%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 70 year

Seller

Roland R Kosser and The Roland R Kosser Living Trust

Lender

Loan Center Of California Inc

Loan start date

December 2001

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

8.75%

Loan type

Not Provided, 30 year

Seller

Roland Kosser

Lender

Loan Center Of California Inc

Loan start date

December 2001

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

6.13%

Loan type

Stand Alone Second, 16 year

Seller

Roland Kosser

Lender

The Cit Group/Consumer Finance Inc

Loan start date

April 2000

Original loan amount

$180,000

Est. remaining balance

$70,981

Interest rate

8.31%

Loan type

Not Provided, 30 year

Seller

Roland Kosser

Lender

Washington Mutual Bank Fa

Loan start date

March 2000

Original loan amount

$780,000

Est. remaining balance

Not provided

Interest rate

3.95%

Loan type

Not Provided, 30 year

Seller

Roland Kosser

Lender

Headlands Mtg Company

Loan start date

March 1999

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

6.4%

Loan type

Stand Alone Second, 15 year

Seller

Roland Kosser

Lender

Downey S/L

Loan start date

February 1999

Original loan amount

$700,000

Est. remaining balance

Not provided

Interest rate

3.9%

Loan type

Not Provided, 30 year

Seller

Roland Kosser

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?

Similar Homes Nearby

CLAW
$3,899,000
5 bd
|
4 ba
|
3,924 sq ft
|
House

1738 Nichols Canyon Rd, Los Angeles, CA 90046

Price drop
CLAW
$4,395,000
5 bd
|
6 ba
|
4,660 sq ft
|
House

2225 Malaga Rd, Los Angeles, CA 90068

Price drop
CLAW
$4,295,000
5 bd
|
5.5 ba
|
5,240 sq ft
|
House

7911 Oceanus Dr, Los Angeles, CA 90046

Status: Active

Tomo last checked: 11/14/2024 at 8:05 PM

Listing updated: 10/10/2024 at 3:28 PM

Listed by: Ernie Carswell, Douglas Elliman Phone #: (310) 595-3888

MLS: CLAW #24426101

CLAW logo

Recently listed in Los Angeles

$575,000|2 bd|1.0 ba|House
$1,825,000|3 bd|2.0 ba|House
$1,790,000|5 bd|3.0 ba|House
$3,289,000|5 bd|5.0 ba|House
$1,789,000|3 bd|3.25 ba|House
$1,299,000|4 bd|3.0 ba|House
$1,137,700|2 bd|2.5 ba|House
$2,998,000|3 bd|2.5 ba|House