Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1000 Stradella Road

Los Angeles, CA, 90077

1 / 29View all 29 photos

$6,450,000

MLS: 25537197

Beds

3

Baths

4

Sq Ft

Lot

1.09 ac

Year Built

1951

MLS #

25537197

Days on Market

242

Listed

May 15, 2025

Description

Price Improvement Submit All Reasonable Offers! On Billionaire's Row in prime Bel Air, directly across from "The One," this gated 1+ acre property presents an exceptional opportunity with multiple pathways: move in as-is, lease for income, remodel, or design a future trophy estate. With sweeping views from the city skyline to serene canyons and majestic mountains, the existing home features a 2BD / 2.5BA main residence with expansive open living areas and a vast entertaining deck, plus a detached 1BD / 1BA guest house with a bonus room perfect for a studio, gym, or office. Amenities include a pool, jacuzzi, lush gardens, LED landscape lighting, and an integrated indoor/outdoor sound system ideal for elevated California living. Fully livable and currently tenant-occupied, the property offers immediate income potential or end-user flexibility while planning future development. No HOA restrictions. Expired plans, topographic, slope, and geotechnical reports are available to qualified buyers. Conceptual renderings and select interior photos are for illustrative purposes only.

Location

Los Angeles, Los Angeles County, CA 90077

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Listed by: Rita Benelian · Keller Williams Hollywood Hills

Payment estimate

$45,104

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $645,000 · Loan: $5,805,000

%
Principal & Interest
$35,667
Property tax (1.25%)
$6,719
Homeowners insurance
$300
Mortgage insurance
$2,419
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $225,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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