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550 Hanley Ave, Los Angeles, CA 90049
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550 Hanley Ave Los Angeles, CA 90049

$14,000,000 Sold Price as of 10/04/2023
  • 6 Beds
  • 8 Baths
  • 10,750 Sq.Ft.
Sold
$14,000,000 Sold Price as of 10/04/2023 Refinance Your Mortgage
Map preview of 550 Hanley Ave, Los Angeles, CA 90049

Property Overview: 550 Hanley Ave Los Angeles, CA has 6 bedrooms, 8 bathrooms, 10,750 living square feet and 19,152 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: SELLER FINANCING AT 4% - CALL FOR DETAILS!!! Welcome to 550 Hanley Ave, a spectacular gem, North of Sunset! Over 10,750 square feet of exquisite quality and impeccable style. This brand-new transitional masterpiece designed by Ken Ungar features flawless materials and craftsmanship. It is replete with luxurious amenities and ideally situated on one of the most coveted streets in Brentwood. East Coast sensibility and California Cool blend seamlessly to create an environment of comfort, livability, and sophistication in this estate-quality property. Exquisite designer finishes are throughout. Entering you find a welcoming, light-filled home on a remarkably grand scale. Formal spaces, including the elegant living room, home office, dining room, and wine cellar, effortlessly transition to the more casual areas, including a chef's caliber kitchen and family room with wet bar and a dramatic fireplace. A bifold corner pocket door opens the family room to reveal a gorgeous, resort-like oversized backyard secluded and surrounded by lush landscaping with a resort-like pool, hot tub, BBQ/bar area. The pool house has a private bathroom, kitchen, and a fabulous living area overlooking the pool and the backyard that utilizes bi-fold glass doors to make indoor/outdoor living a perfect combination. Atop the graceful staircase or elevator, you find a comfortable lounge anchoring the upper level. The grand master suite is a peaceful haven with a fireplace, spa-like bathroom, private balcony, and two expansive, elegant walk-in closets reminiscent of posh designer boutiques. There are three additional bedrooms upstairs, a fifth bedroom on the main level, and a sixth bedroom on the lower level. The lower level is a proper entertainer's paradise, with a wet bar, second family room, sizeable professional-grade home theatre, spacious home gym, dry sauna, steam room with shower, and private massage room. The pool boasts electric covers and there is an ample three-car garage. This stunning, high caliber forever home is the ultimate bargain in its neighborhood!

Listed by Houman Jahangard | BRE #01451073 | Royal Rep Realty, Inc.
Last checked: 12 minutes ago | Last updated: October 4th, 2023 | Source CRMLS | DOM: 111

Home details

Lot Sq. Ft
19,152
HOA Dues
$0/mo
Year built
2023
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
SR23062104
City
Los Angeles
County
Los Angeles
Time on Site
384 days

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 550 Hanley Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Dual, ENERGY STAR Qualified Equipment
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room, Upper Level
Fireplace Information
  • Has Fireplace
  • Family Room, Living Room, Master Bedroom, Master Retreat, Outside, Gas
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 2
  • Eating Area: Breakfast Nook, Family Kitchen, Dining Room, In Kitchen, In Living Room
  • Flooring: Wood
  • Basement, Entry, Exercise Room, Family Room, Formal Entry, Foyer, Great Room, Home Theatre, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Sauna, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Freezer, Disposal, Gas Water Heater, High Efficiency Water Heater, Hot Water Circulator, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater
  • Butler's Pantry, Kitchen Island, Kitchen Open to Family Room, Self-closing cabinet doors, Self-closing drawers, Utility sink, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 7
  • # of Baths (1/2): 2
Interior Features
  • Balcony, Bar, Beamed Ceilings, Brick Walls, Built-in Features, Copper Plumbing Full, Dry Bar, Elevator, High Ceilings, Home Automation System, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Sump Pump, Tandem, Wet Bar, Wired for Data, Wired for Sound
  • Levels: Three Or More
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinkler System, Security Lights, Security System, Smoke Detector(s)
  • Door Features: ENERGY STAR Qualified Doors, French Doors, Sliding Doors
Exterior Features
Exterior Information
  • Roof: Metal
  • Has Fence
  • Chain Link, Wood
  • Has Spa
  • Spa Features: Private, In Ground
Exterior Features
  • Has Pool
  • Pool Features: Private, Heated, Gas Heat, In Ground, Salt Water, Solar Heat
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 8
  • Has Attached Garage
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 4494019010
  • Year Built Source: Builder
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: North of Sunset East of Kenter
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 550 Hanley Ave

Last sold for $14,000,000 on October 4th, 2023

  • October, 2023

  • Oct 4, 2023

    Date

    Sold

    CRMLS: SR23062104

    $14,000,000

    Price

  • Apr 21, 2023

    Date

    Active

    CRMLS: SR23062104

    $16,975,000

    Price

  • March, 2021

  • Mar 8, 2021

    Date

    Sold

    CRMLS: 20670478

    $3,500,000

    Price

  • Feb 16, 2021

    Date

    Pending

    CRMLS: 20670478

    $3,495,000

    Price

  • Jan 19, 2021

    Date

    Active Under Contract

    CRMLS: 20670478

    $3,495,000

    Price

  • Jan 4, 2021

    Date

    Active

    CRMLS: 20670478

    $3,495,000

    Price

  • Dec 15, 2020

    Date

    Coming Soon

    CRMLS: 20670478

    $3,495,000

    Price

  • Listing provided courtesy of CRMLS

    Located on a large flat lot in the highly coveted hills of Brentwood, you will find this special offering. Nicely positioned on an elevated knoll, this property includes a vintage single story home boasting Mid-Century architecture with 3 bedrooms, a large flat grassy backyard with a sparkling pool, spa and detached work shed. This is a TRUST SALE with NO court confirmation, being sold in its AS-IS condition and priced for land value. Bring your checkbook, imagination and architect as properties with large flat lots like this rarely come available within the beloved Kenter Canyon school district.

  • May, 2019

  • May 10, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2019

  • Mar 21, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 550 Hanley Ave

Assessed Value (2020): $288,476
Year Land Value Improved Value Assessed Value
2020 $173,609 $114,867 $288,476

Home Value Compared to the Market

This property vs the competition

550 Hanley Ave sold on October 4, 2023 for 1202.1% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $1441.4 per/sqft which puts the price per square foot 90.91% higher than the current median sale per square foot for the city of Los Angeles.

About 550 Hanley Ave

Detailed summary of property

550 Hanley Ave is a single family home that recently sold in Los Angeles, CA 90049. This house offered 6 bedrooms, 8 bathrooms, roughly 10,750 living square feet, and sits on an approximately 19,152 square foot lot. 550 Hanley Ave was first listed on ArdentRealEstateGroup.com on April 14, 2023. The homeowner sold the property for $14,000,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 1202.1% higher than the current median priced home. Local homes that are currently for sale include 13040 Evanston St, 461 Bellagio Terrace and 255 Ashdale Ave. While the average home in Los Angeles, CA is selling in 96 days, 550 Hanley Ave has a days on market of 111 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 550 Hanley Ave Los Angeles, CA 90049 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 550 Hanley Ave

Public county record property details
Beds
3
Baths
2
Year built
1950
Sq. Ft.
2,291
Lot Size
19,152
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
9
APN
4494-019-010

The source for these homes facts are from public records.

90049 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,500,000
Median List Price/Sq.Ft.
$1,043
Median Sold Price
$2,150,000
Median Sold Price/Sq.Ft.
$913
Total Inventory
191
Median Sale to List Price %
97.95%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (7.41%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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