The priciest home listings in LA last week

Many were owned for less than 16 months

Aug.August 07, 2017 07:30 AM
Priciest listings (MLS)

The sellers of the top three priciest pads to hit the market last week wasted no time. They all listed their properties after owning them for less than 16 months.

The home that had the quickest turnaround was a 7,942-square-foot property on Benedict Canyon Drive. It was scooped up in June for $10.3 million by real estate investor Ben Nehmadi and Nicholas Keros, according to property records. Last week, the buyers listed it for $13.7 million.

The six-bedroom and eight-bathroom home sits on an acre of park-like grounds. It once belonged to Arthur Hiller, the director of the 1970 classic “Love Story.”

The owners of 11222 Chalon Road, the fifth priciest listing last week, were much more patient. The estate last traded hands in July 1971 for $60,000 and is now asking $9.9 million, according to listing details.

The 7,642-square-foot home has five bedrooms and five bathrooms with a rooftop deck equipped with a barbeque. It’s located across the street from the 77,000-square-foot mega-mansion being built for the Al Thani royal family of Qatar, The Real Deal previously reported.

Here are the top five single-family home listings in Los Angeles, according to TRD’s analysis of Redfin, Zillow and MLS data:

2625 Deep Canyon Drive (MLS)
  1. 2625 Deep Canyon Road, Beverly Hills
    Price: $14 million
    Size: 11,018 square feet, 8 bedrooms/10 bathrooms
    Built: 1996
    Agents: Ginger Glass of Coldwell Banker Residential Brokerage
1218 Benedict Canyon Drive (MLS)
  1. 1218 Benedict Canyon Drive, Beverly Hills
    Price: $13.7 million
    Size: 7,942 square feet, 6 bedrooms/7 bathrooms
    Built: 1970
    Agents: Richard Maslan of Hilton & Hyland
6763 Zumirez Drive (MLS)
  1. 6763 Zumirez Drive, Malibu
    Price: $11.9 million
    Size: Square feet undisclosed, 7 bedrooms/8 bathrooms
    Built: 2001
    Agents: Kathleen Doyle of Kathy Doyle Estates
1381 Moraga Drive (MLS)
  1. 1381 Moraga Drive, Los Angeles
    Price: $11.9 million
    Size: 10,809 square feet, 6 bedrooms/5 bathrooms
    Built: 1979
    Agents: Drew Fenton and Gary Gold of Hilton & Hyland 
11222 Chalon Road (MLS)
  1. 11222 Chalon Road, Los Angeles
    Price: $9.9 million
    Size: 7,642 square feet, 5 bedrooms/5 bathrooms
    Built: 1999
    Agents: Rick Ojeda and Nick Segal of Partners Trust

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