7200 La Presa Dr, Los Angeles, CA 90068
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7200 La Presa Dr Los Angeles, CA 90068

$3,525,000 Sold Price as of 04/01/2024
  • 5 Beds
  • 5.5 Baths
  • 9,333 Sq.Ft.
Sold
$3,525,000 Sold Price as of 04/01/2024 Refinance Your Mortgage

Map preview of 7200 La Presa Dr, Los Angeles, CA 90068

Property Overview: 7200 La Presa Dr Los Angeles, CA has 5 bedrooms, 5.5 bathrooms, 9,333 living square feet and 42,245 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A rare and remarkable development opportunity with RTI (Ready to Issue) permit status to build a 9,300+ sq. ft. gated contemporary estate on an approximately 1-acre promontory lot with substantial flat land and sweeping views from Downtown to the ocean. Positioned in the Hollywood Hills on one of the most sought-after streets in the esteemed Outpost Estates, this project presents an unparalleled opportunity to create an architectural masterpiece. Conceptual schematics and renderings are included for the gated compound with long private driveway, 3-car garage, ADU, and huge yard with pool overlooking the city.

Listed by Jason Oppenheim | BRE #01863254 | The Oppenheim Group, Inc.
Co-listed by Breana Tiesi Moran | BRE #02018492 | The Oppenheim Group, Inc.
Last checked: 7 minutes ago | Last updated: April 6th, 2024 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
42,245
HOA Dues
$0/mo
Year built
2024
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
24352993
City
Los Angeles
County
Los Angeles
Time on Site
220 days

Property Details for 7200 La Presa Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Family Room, Walk-In Closet, Living Room, Primary Bathroom, Walk-In Pantry
Kitchen Information
  • Has Appliances
Bathroom Information
  • # of Baths (Full): 5
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Other Structures: Guest House
  • Has Spa
  • Spa Features: In Ground
Exterior Features
  • Pool Features: In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage - Three Door, Driveway
Property Information
  • Has View
  • View: Canyon, City Lights, Panoramic, Ocean
  • Common Walls: No Common Walls
  • Parcel Number: 5549016038
  • Year Built Source: Other
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Franklin Avenue. West of N Highland Avenue.
View more facts & features

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Sale History for 7200 La Presa Dr

Last sold for $3,525,000 on April 1st, 2024
  • April, 2024

  • Apr 1, 2024

    Date

    Sold

    CRMLS: 24352993

    $3,525,000

    Price

  • Feb 20, 2024

    Date

    Active

    CRMLS: 24352993

    $3,995,000

    Price

  • August, 2022

  • Aug 12, 2022

    Date

    Expired

    CRMLS: 22126999

    $4,795,000

    Price

  • Feb 11, 2022

    Date

    Active

    CRMLS: 22126999

    $5,295,000

    Price

  • Listing provided courtesy of CRMLS

    An extraordinary development opportunity in prime Hollywood Hills, 7200 La Presa is an approximately 1-acre promontory lot of mostly flat grounds with expansive views spanning from West L.A. to the ocean. Boasting the unique ability to develop an architectural masterpiece on one of the most coveted streets in the Outpost Estates, this project includes conceptual schematics and renderings for a sophisticated compound totaling almost 10,000 sqft. Poised to become this historic area's most prestigious estate, 7200 La Presa will be an exceptional architectural development in this exclusive neighborhood. There is also a possibility to build two homes given the lot orientation; buyers to verify and perform their own due diligence.

  • July, 2021

  • Jul 27, 2021

    Date

    Pending

    CRMLS: SR20256981

    $3,895,000

    Price

  • Jul 20, 2021

    Date

    Sold

    CRMLS: SR20256981

    $3,300,000

    Price

  • Feb 16, 2021

    Date

    Active Under Contract

    CRMLS: SR20256981

    $3,895,000

    Price

  • Jan 28, 2021

    Date

    Active

    CRMLS: SR20256981

    $3,895,000

    Price

  • Jan 14, 2021

    Date

    Coming Soon

    CRMLS: SR20256981

    $3,895,000

    Price

  • Listing provided courtesy of CRMLS

    LAND!, LOCATION!, VIEW!, PRIVACY! Spectacular opportunity for owner user or investor to remodel or build new on what may be the best land & location in Hollywood Hills west!! Existing custom gated mid century home sitting on almost an acre, MOSTLY FLAT, with unobstructed views through west L A to the Ocean! Existing 3000 sq. ft. home with classic 1950's wood built in features, hardwood floors and glass windows and doors abound! Also views of beautiful adjacent Runyon Canyon mountains from side yards. In addition an approximate 400 sq ft Studio with 1/2 bath. There is a 3 sided open air covered cabana with fireplace. Gated with Privacy! Located on the quiet streets behind the Hollywood Bowl. This "Old Hollywood" neighborhood has been home to many celebrities past and present! Numerous developmental opportunities are possible from a basic remodel, to an expansion remodel or a new estate of possibly 10,000 sq. ft. This exclusive lot sits below Mulholland Dr. and reportedly outside the Mulholland corridor building restrictions. WATCH 3D VIDEO TOUR, DRONE AERIAL,VIRTUAL REALITY TOUR!! Just click VT (w/camera icon) under map square.

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Tax History for 7200 La Presa Dr

Assessed Value (2020): $1,053,033
Year Land Value Improved Value Assessed Value
2020 $733,590 $319,443 $1,053,033

Home Value Compared to the Market

This property vs the competition

7200 La Presa Dr sold on April 1, 2024 for 256.7% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $428.05 per/sqft which puts the price per square foot 40.88% lower than the current median sale per square foot for the city of Los Angeles.

About 7200 La Presa Dr

Detailed summary of property

7200 La Presa Dr is a single family home that recently sold in Los Angeles, CA 90068. This house offered 5 bedrooms, 5.5 bathrooms, roughly 9,333 living square feet, and sits on an approximately 42,245 square foot lot. 7200 La Presa Dr was first listed on ArdentRealEstateGroup.com on February 13, 2024. The homeowner sold the property for $3,525,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 256.7% higher than the current median priced home. Local homes that are currently for sale include 3203 Tareco Dr, 1701 N Orange Grove Ave and 6334 Bryn Mawr Dr. While the average home in Los Angeles, CA is selling in 106 days, 7200 La Presa Dr has a days on market of 22 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 7200 La Presa Dr Los Angeles, CA 90068 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7200 La Presa Dr

Public county record property details
Beds
3
Baths
3
Year built
1953
Sq. Ft.
3,085
Lot Size
42,213
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
7,8
APN
5549-016-038

The source for these homes facts are from public records.

90068 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,200,000
Median List Price/Sq.Ft.
$852
Median Sold Price
$1,720,000
Median Sold Price/Sq.Ft.
$766
Total Inventory
197
Median Sale to List Price %
98.29%
Avg Days on Market
46
Loan Type
Conventional (20%), FHA (0%), VA (4%), Cash (4%), Other (16%)

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Related Resources to 7200 La Presa Dr

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.