Cheryl Riley

Cheryl Riley

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$7,995,000

($4,516,830 down)
VA

1601 Bel Air Road, Los Angeles, CA 90077

5
8
5,670 sqft
PITI Monthly
$31,120 /mo

Listing courtesy of: Bradley Baskin, Douglas Elliman of California, Inc.

Assumed Rate

6.66%
7.15%

Principal & Interest

$22,492 /mo
$23,639 /mo

What's Special

DINING
SPACIOUS
CUSTOM BUILT
HARDWOOD FLOORS
TURNKEY

Set atop one of Bel Air's most exclusive ridgelines, this private, gated architectural estate offers sweeping canyon views, elegant contemporary design, and seamless indoor-outdoor living. Positioned on a sprawling promontory along prestigious Bel Air Road, the property blends serenity with sophistication. The main residence features 4 spacious bedrooms and 5 luxurious bathrooms, complemented by a detached guest house and a separate office that can easily serve as an additional bedroom. A stunning open-concept floor plan is flooded with natural light, showcasing clean lines, custom built-ins, and wide-plank hardwood floors. Floor-to-ceiling windows and retractable glass doors blur the line between interior spaces and the outdoors. At the heart of the home, the gourmet kitchen boasts a massive center island, custom cabinetry, and top-of-the-line Wolf and Sub-Zero appliances, flowing effortlessly into the expansive living and dining areasideal for both intimate gatherings and large-scale entertaining. Step outside to an entertainer's paradise: an expansive wraparound terrace, climate-controlled gazebo, sparkling pool, and a covered pavilion with a full outdoor kitchen, lounge, dining area, and fire pitall surrounded by mature landscaping and vibrant bougainvillea. A zen-inspired water feature, private garden pathways, and vineyard-style terraced hillside enhance the sense of tranquility and complete seclusion.Additional features include two separate 2-car garages and gated parking for two more vehicles.This is a rare opportunity to own a turnkey compound in the heart of Bel Air, where elevated design meets resort-style living.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.66
Remaining Loan Term
29 years, 5 months
Monthly PITI
$31,120/mo
Estimated Loan Balance
$3,481,340
Cash to close
$4,516,830
Interest Paid
$135,614

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 8
Cooling & Heating
  • Cooling: CentralAir, Electric, WallWindowUnits
  • Heating: Central, Fireplaces, NaturalGas, WallFurnace, Zoned
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, Gas, WoodBurning
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: FireProof, Metal, Shake
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Other
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: Filtered, Heated, InGround, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Contemporary
Materials
  • Stucco
  • Roof: FireProof, Metal, Shake
Condition
  • Year Built: 1964
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Los Angeles

Financial Details

  • Price per Sqft: $1,410.05
  • Tax Annual Amount: $99937.5
  • On Market Date: 2025-04-10T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $4,516,830 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $4,516,830!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.66% Sellers Rate
$3,478,170
Your Cash:$4,516,830
Total Purchase Price:$7,995,000

Assumed vs Traditional Mortgage

Assumed @ 6.66%
$22,492/mo
Traditional @ 7.15%
$24,521/mo
You save $2,029/month ($24,343/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 25519217

Listing From:

Last updated: 2025-04-11T01:16:45.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

6.66%
7.15%

Principal & Interest

$22,492 /mo
$23,639 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $4,516,830 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $4,516,830!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.66% Sellers Rate
$3,478,170
Your Cash:$4,516,830
Total Purchase Price:$7,995,000

Assumed vs Traditional Mortgage

Assumed @ 6.66%
$22,492/mo
Traditional @ 7.15%
$24,521/mo
You save $2,029/month ($24,343/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than American Allstar Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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