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$4,999,999

Beds
2
Baths
2.0
sq ft
2,231

9279 Sierra Mar Dr, Los Angeles, CA 90069

9279 Sierra Mar Dr

Los Angeles, CA 90069

  • 49 days on market
    • Price drop $295,001↓
HUGE PRICE REDUCTION. Step into enormous views in the lower Bird Streets- two minutes above the Sunset Strip. Elevated off the street and gated, this designer's home enjoys sweeping city to ocean views. A Penthouse alternative offering a large backyard with numerous indoor/outdoor spaces designed for true California living. Hard to find in the hills motor court for additional parking as well as separate guest quarters. Enjoy as is or more than double existing square footage with fully permitted plans. A rare offering to inherit designer done plans and permits on a view promontory in an A+ location. Plans grandfathered before current building code. Impossible to duplicate now.

Details

Property type

Single Family Residence

Est. home value

$5,306,191

Property condition

Updated/Remodeled

Lot size

0.2311 acres

Price per sq ft

$2,242

Year built

1941

HOA

No

Price History

02/28/2025
CLAW

CLAW #25482237

Price change
$4,999,999
-5.57%
02/18/2025
CLAW

CLAW #25482237

Price change
$5,295,000
-7.02%
01/16/2025
CLAW

CLAW #25482237

Listed
$5,695,000

Schools & Community

Neighborhood: 

Hollywood Hills

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

Axos Bank

Loan start date

February 2022

Original loan amount

$3,900,000

Est. remaining balance

Not provided

Interest rate

4.25%

Loan type

New Conventional, 30 year

Seller

Mendalay Llc

Lender

Jeffy Scapa

Loan start date

June 2018

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

4.47%

Loan type

Commercial

Seller

Mendalay Llc

Lender

United Security Investors I Llc

Loan start date

October 2012

Original loan amount

$479,000

Est. remaining balance

$0

Interest rate

3.59%

Loan type

Not Provided, 2 year

Seller

Mendalay Llc

Lender

United Security Investors I Llc

Loan start date

March 2011

Original loan amount

$1,300,000

Est. remaining balance

Not provided

Interest rate

4.74%

Loan type

Building or Construction Loan

Seller

Mendalay Llc

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: 03/06/2025 at 2:10 PM

Listing updated: 03/03/2025 at 2:20 PM

Listed by: Maxwell Hutchison, Plus Real Estate Phone #: (310) 230-5478

MLS: CLAW #25482237

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