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$1,810,763Estimated home value

Beds
3
Baths
3.25
sq ft
2,070

8249 Lookout Mountain Ave, Los Angeles, CA 90046

8249 Lookout Mountain Ave

Los Angeles, CA 90046

  • Sold On 5/7/2024
Surround yourself in a piece of Laurel Canyon history - Lookout Mountain Ave. This gated, former celebrity-owned 3 BR, 3.5 BA Spanish 1926 home offers the perfect blend of carefully preserved period features and today's modern amenities. The home is 3 stories, with the main level having a dramatic 2-story living room window overlooking the front of the property. The main level also features a separate dining room & a true chef's kitchen, with 6-burner and griddle Thermador stove & refrigerator, wine fridge, & travertine countertops. A powder room & dining patio with fountain completes the main level. The upper level features a distinct library wall overlooking the main level & two bedrooms, including the primary suite & dream bathroom with Carrera marble, Waterworks fixtures, a soaking tub & a walk-in shower. The lower-level BR+BA is ideal for a home office, gym, yoga studio, or family room, with French doors that open onto an inviting patio that is perfect for outdoor gatherings. Unlike many homes in the Canyon, there is a 2-car garage & plenty off-street parking on the motor court, behind the automatic driveway gate. Upgrades include tankless water heater & new air conditioning. Close proximity to popular Pace restaurant, colorful Canyon Country Store, & Sunset Strip. Walk to the award-winning Wonderland School.

Details

Property type

Single Family Residence

Est. home value

$1,810,763

Lot size

8,328 sq ft

Price per sq ft

$1,063

Year built

1926

HOA

No

Price History

05/02/2024
CLAW

CLAW #24355731

Sold
$2,100,000
-4.5%
04/12/2024
CLAW

CLAW #24355731

Pending
$2,199,000
02/23/2024
CLAW

CLAW #24355731

Listed
$2,199,000
+97.22%

Schools & Community

Neighborhood: 

Beverly Glen

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

Spring Eq Llc

Loan start date

August 2019

Original loan amount

$387,500

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Stand Alone Second, 30 year

Seller

Patrick James Foley and Ray Foley

Lender

Citibank Na

Loan start date

March 2015

Original loan amount

$900,000

Est. remaining balance

$716,462

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Patrick James Foley

Lender

Guaranteed Rate Inc

Loan start date

August 2014

Original loan amount

$892,000

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Patrick James Foley

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: Off Market

Tomo last checked: 07/26/2024 at 6:55 PM

Listing updated: 05/08/2024 at 12:03 AM

Listed by: Craig Nadeau, Sotheby's International Realty Phone #: (310) 724-7000

MLS: CLAW #24355731

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