L.A. County’s Priciest Home in Contract: $16M Hollywood Hills Estate
Top of the List
A Hollywood Hills home in the Bird Streets neighborhood has topped the list of L.A. County homes that went into contract last week, with a staggering $16 million price tag. The four-bed, four-bath residence at 1424 Tanager Way boasts stunning views of Los Angeles, a water-and-fire feature leading up to the home’s entry, and a 100-year-old olive tree encased in glass to anchor the living room.
Features and Amenities
The 5,350-square-foot Paul McClean-designed home sits on about a third of an acre and features porcelain flooring, floor-to-ceiling windows, and a smart-home control system. The property also boasts a double water wall with fire in between, making it a unique and luxurious living space.
The Seller
The seller, Steven Lintz, purchased the home in 2021 for $10.2 million and has had it listed since July with an asking price of $16 million.
Other Notable Homes in Contract
The second-highest priced home to go into contract last week was a Hancock Park property listed for $10.5 million. The six-bed, eight-bath estate at 424 South Rimpau Boulevard, listed by The Agency’s Jonathan Ruiz, was purchased by Warner Music Group CEO Robert Kyncl and his wife Luz Esther Kyncl in 2014 for $7.7 million.
L.A. County Real Estate Market Trends
According to the Eklund Weekly Luxury Report Los Angeles, a total of 19 homes went into contract last week, amounting to $122.7 million in asking dollar volume, compared to the prior seven-day period’s 12 contracts, tallying to $108 million in asking dollar volume.
Conclusion
The L.A. County real estate market remains strong, with high-end properties continuing to attract buyers. The $16 million Hollywood Hills estate and other notable properties that went into contract last week demonstrate the demand for luxury living in the area.
FAQs
Q: What is the address of the $16 million Hollywood Hills estate?
A: 1424 Tanager Way
Q: Who is the seller of the $16 million Hollywood Hills estate?
A: Steven Lintz
Q: What is the asking price of the $10.5 million Hancock Park property?
A: $10.5 million
Q: Who is the listing agent for the $10.5 million Hancock Park property?
A: Jonathan Ruiz from The Agency
