tomo logo

$4,895,000

Beds
5
Baths
4.0
sq ft
3,700

7825 Hillside Ave, Los Angeles, CA 90046

7825 Hillside Ave

Los Angeles, CA 90046

  • 34 days on market
Villa Rya is a historic and romantic Spanish villa built in 1938 by Paul C Pape. The villa sits on a private and fully gated 9,306 square foot flat lot, offering stunning views of Downtown Los Angeles. With its spacious guest house, sparkling pool, and charming layout, Villa Rya is perfect for entertaining and hosting large parties. The property exudes Old Hollywood charm and boasts exquisite craftsmanship, from the original wrought iron to the beautiful wooden door, stained glass, curved archways, beamed ceilings, and Spanish tiles. Entering the home, you'll be transported to another time and greeted by breathtaking views of the courtyard and meticulously landscaped grounds, which are among the best in all of Los Angeles. This property boasts a custom-built bar in the living space and French Doors throughout. The private courtyard, complete with beautiful cabanas and a fountain, is accessible from the living room, formal dining area, and bedrooms. Heritage Sconces are visible throughout the home. Additionally, the barbecue area near the courtyard is perfect for hosting an impromptu cocktail party. The property is gated and has a two-car garage, with additional parking available in front of the garage due to the oversized lot. The property also includes a beautiful Baja-style pool and spa that is entirely secluded. Above the pool is a Casita with sparkling views of DTLA and the entire LA Basin, which can be utilized for guest accommodation, staff quarters, or even income generation. The kitchen has been tastefully modernized while retaining its original 1930s charm. There are a total of five bedrooms, including a guest bedroom downstairs and three bedrooms upstairs, as well as a Guest Quarters. The current owner has carefully maintained and updated the property for nearly 50 years. Located in one of the best parts of the Hollywood Hills, with fully gated views of Downtown LA, and ample parking this property is truly a rare find!

Details

Property type

Single Family Residence

Est. home value

$4,624,938

Lot size

9,308 sq ft

Price per sq ft

$1,323

Year built

1938

HOA

No

Price History

05/30/2024
CLAW

CLAW #24397979

Listed
$4,895,000
-2%
04/19/2024
CLAW

CLAW #24346711

Removed
$4,995,000
01/19/2024
CLAW

CLAW #24346711

Listed
$4,995,000

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

$75,234

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?

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Status: Active

Tomo last checked: 07/03/2024 at 11:20 AM

Listing updated: 06/21/2024 at 2:13 PM

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

MLS: CLAW #24397979

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