ReportWire

Tag: Bird Streets

  • Mansion Over Sunset Boulevard Pushes Asking Price to $43M

    Mansion Over Sunset Boulevard Pushes Asking Price to $43M

    [ad_1]

    The Bird Streets and adjacent neighborhoods want to fly high on asking prices.

    A newly constructed mansion in Hollywood Hills West at 1680 North Doheny Drive listed on Jan. 24 for $43 million, making it one of the priciest offerings in the enclave above Sunset Boulevard. 

    At a time when the luxury market is soft, a number of sellers in the Hollywood Hills and Bird Streets markets are looking up. According to a Zillow search, the next priciest option in the neighborhood is in the Bird Streets at 1380 Mockingbird Place, priced for about $40 million. Another area home in the same price range is 1851 North Stanley Avenue at $38 million. Outliers include the mansion at 1898 Rising Glen Road, which listed for $78 million during October.

    The Doheny Drive home’s listing agents are Aaron Kirman of AKG Christie’s International Real Estate and Branden and Rayni Williams of The Beverly Hills Estates.

    Kirman said he was bullish on the price for the house because of its architectural design by Vantage Design Group; it’s built into a rocky promontory overlooking Los Angeles.  

    “It’s a super trophy site,” Kirman said.

    Jason Oppenheim, a veteran of Bird Streets deals and president of The Oppenheim Group,  forecast the property would sell somewhere in the $30 millions. 

    “I think it’s on the low end of aspirational,” Oppenheim said of 1680 North Doheny.

    While he forecast that the Bird Streets area market would eventually command asks of $100 million, the current market probably would not justify the asking price for 1680 North Doheny.

    Oppenheim brokered area deals such as 8408 Hillside Avenue, where he served as a co-listing agent for a $36 million deal in 2019. He currently represents a neighboring house to 1680 North Doheny. His listing with Mary Fitzgerald at 1375 North Doheny Drive has an ask for $28.5 million.

    The last transaction at 1680 North Doheny took place in 2018, when it was purchased for $5.4 million by Texas-headquartered entity Cayden La Hills Residential Property. Based on more than an acre, the 13,500-square-foot house features concrete and steel materials, according to a listing description. 

    The home also offers amenities such as a commercial elevator, 4,000 square feet of outdoor deck space, an infinity edge pool, a spa and gardens with a citrus grove. 

    Read more

    [ad_2]

    Andrew Asch

    Source link

  • A Luxury Nest Behind Gates In L.A.’s Bird Streets Neighborhood Seeks $8.5 Million

    A Luxury Nest Behind Gates In L.A.’s Bird Streets Neighborhood Seeks $8.5 Million

    [ad_1]

    Not every home in Los Angeles’s storied Bird Streets neighborhood comes with panoramic views and guaranteed privacy. Those that do get it right, melding the beauty of the hills above Sunset Boulevard with the peacefulness of living in a gated retreat.

    The view home at 9405 Sierra Mar Place in Los Angeles is one example. The contemporary-style home has three bedrooms on two levels, including a guest suite with a private entrance on the lower level. It’s located slightly west of the streets that give the neighborhood its name.

    The home’s open floor plan brings a warm, airy feel to the living and dining areas as well as the main bedroom suite with fireplace. Floor-to-ceiling glass in the double-height living room takes full advantage of south-facing views. “You can see downtown L.A., Century City, and look straight over to Oriole Drive and some Bird Streets on the next ridge,” says listing agent Patrick Fogarty of Hilton & Hyland.

    Rooms on the main level lead to spacious outdoor entertaining areas. The bar in the living room opens out to the large deck with a rectangular pool and city views. The 5,000-square-foot home also has a private theater, gym and eight parking spaces.

    “Contemporary hills homes can be stark,” Fogarty says. “This one has a good feel to it, offering the kind of indoor-outdoor flow people want in the hills.”

    The Bird Streets—Flicker Way, Thrasher Avenue, Warbler Way and others—were named starting in the 1920s. The neighborhood is bordered by Trousdale Estates on the west, Hollywood Hills to the north and east, and Sunset Strip to the south. Blue Jay Way in particular became well-known after George Harrison stayed there in the late 1960s and wrote a song using the street name as its title.

    Top celebrities such as Jennifer Aniston, Jerry Seinfeld and Leonardo DiCaprio have lived there over the years, according to this Forbes story. Sale prices have fetched more than $70 million because of the neighborhood’s prime location and luxury estates.

    The Sierra Mar Place home is selling for $8.5 million.

    MORE FROM FORBES GLOBAL PROPERTIES

    MORE FROM FORBESCalifornia Mountain Contemporary Suits Its Golf Course Setting To A TeeMORE FROM FORBESIsland Chateau Enjoys A Garden Backdrop In MontrealMORE FROM FORBESSee Inside A $2.4 Million Treehouse-Style Home In The Wild Heart Of MontanaMORE FROM FORBESZedd Spins Up $18.4 Million Sale Of Beverly Hills MansionMORE FROM FORBESHyde Park Estate Penthouse Enjoys A Garden Setting Within London

    Hilton & Hyland is an exclusive member of Forbes Global Properties, a consumer marketplace and membership network of elite brokerages selling the world’s most luxurious homes.

    [ad_2]

    Mary Forgione, Contributor

    Source link