realestate

Century-Old Estate with Olive Tree Sells for $16 Million

Hollywood Hills Home Tops List with Views of LA Cityscape and Bird Streets Charm

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Hollywood Hills estate in the Bird Streets neighborhood topped the list of L.A. County homes that went into contract last week, boasting a unique blend of luxury features and breathtaking views. The four-bedroom, four-bath residence at 1424 Tanager Way boasts an impressive water-and-fire feature leading up to its entryway, as well as a stunning 100-year-old olive tree encased in glass anchoring the living room.

    Listed for just under $16 million, this property was the priciest home under contract in the Eklund Weekly Luxury Report Los Angeles produced by Douglas Elliman's Eklund Gomes team. The report tracks signed contracts in L.A. County for homes listed at $4 million or more.

    The Paul McClean-designed home spans 5,350 square feet on a third of an acre and features high-end amenities such as porcelain flooring, floor-to-ceiling windows, and a smart-home control system. The seller, Steven Lintz, purchased the property in 2021 for $10.2 million and initially listed it in July with no price changes.

    Coming in second was a Hancock Park home listed for $10.5 million that went into contract last week. This six-bedroom, eight-bath estate at 424 South Rimpau Boulevard boasts a theater, family room bar, private terrace for the primary suite, pool, spa, and outdoor kitchen. The gated property was built in 1924 and has undergone significant renovations.

    Across L.A. County, a total of 19 homes went into contract last week, totaling $122.7 million in asking dollar volume, according to Eklund Gomes. This represents an increase from the prior seven-day period's 12 contracts, which tallied $108 million in asking dollar volume.

Century-old estate with ancient olive tree sold in Mediterranean coastal town.