Surprising Real Estate Deals In Los Angeles 2022

Being home to both Hollywood and Beverly Hills, the Los Angeles (LA) area of California has some of the most opulent and expensive homes in the country. There are many estates and mansions and even some homes that could qualify as a palace. LA is truly the playground of the wealthy.

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Los Angeles and the surrounding metropolitan area is the largest population center in the western area of the United States. It was basically a sleepy town until the discovery of oil fields in the area and the centralizing of movie studios in the Hollywood area. It really started to become the Los Angeles we know today after World War II, when many of thousands of ex-soldiers and their families started to move there. Now it is a major global cosmopolitan area with millions of inhabitants, many of them being immigrants from countries around the world. Unlike New York City, it is vast in area and the metro area is comprised of many cities and towns, such as Beverly Hills and Hollywood. It has many famous beach front areas, as well as hills and even small mountains. Mexico and Las Vegas are within easy driving range. Below are listed some examples of residential real estate deals made in the area in 2022.

“The One” – A Grand Unique Estate That Is Truly Palatial

Located on a hilltop in the very upscale Los Angeles area of Bel Air, this property sold for 141 million dollars. The main home contains 21 bedrooms and 49 bathrooms and is 105,000 square feet in size. It was built in 2019 and the property is 3.83 acres big and also features a 50-car underground parking garage. Truly living up to its name “The One”, as demonstrated by its official description:

“The One is an exclusive masterpiece that redefines luxury. The 105,000sf work of art floats above the city of Los Angeles elevated for maximum panoramic views. The One is the largest & grandest house ever built in the urban world. 360-degree views of the Pacific Ocean, Downtown Los Angeles, & San Gabriel Mountains await. Every imaginable amenity creates incomparable comfort & appeal: 5 pools, a massive nightclub, full-service salon & spa, 10,000sf sky deck, 400ft private outdoor running track, & private Dolby Digital theater seating 40+ and more. The first & last of its kind, The One allows you to experience L.A. beyond your wildest dreams.”

Roman Villa Style Estate

A true Beverly Hills mansion and estate that was sold for 75 million dollars. The home contains 10 bedrooms, 10 full bathrooms and 12 half bathrooms and was built in 2001. It has 24,260 square feet of space and the property is a very large parcel of 15.5 acres. The property has a car port and driveway area allowing for parking of 10 vehicles. The house also has fireplaces and a very luxurious and large swimming pool and surrounding area. The home features ornate window and floor coverings, wooden paneling on the ceilings and floors, chandeliers, a stunning winding staircase, beautiful views and more.

The Faring Estate

This gorgeous property was designed by the renowned architect Oscar Shamamian and was sold for 49 million dollars. The home has 7 bedrooms and 11 full bathrooms and is 17,000 square feet in size. It was built in 2005 and sits on a parcel of 1.21 acres. The property has a swimming pool, spa, tennis court, a pool house and a separate guest house. There is a garage and total parking for 15 vehicles. Other features include: fireplaces, a spiral staircase, a full chef’s kitchen and pantry, wine cellar, fish pond and rose garden.

Gated Ocean View Estate

A fantastic, gated home with panoramic views of the Pacific Ocean was sold for 25 million dollars. The house contains 6 bedrooms and 6 and a half bathrooms and is 6,673 square feet in size. It was built in 1999 and sits on a parcel of .78 acres. There is a 3 car garage and parking spaces for another six vehicles. Other features include: a theater, gym, chef’s kitchen, formal living and dining room, a primary suite that makes you feel like you live in an oceanfront hotel, endless ocean views from the pool, spa, fire-pit, plus unique glass pool cover allows for extra entertaining space when needed. And of course – a private sunset show every night.

Spanish Colonial Restored House

Located in the beautiful and prestigious Los Angeles neighborhood of Brentwood, this property sold for 12 million dollars. The house has six bedrooms, five full bathrooms and two half bathrooms and is 6,430 square feet big. It was built in 1926 and has been fully restored and sits on a parcel of .30 acres. The property has a 3 car attached garage plus parking for an additional 3 vehicles. Other features include a beautiful courtyard with Spanish tile decks for entertaining, built in barbecue area, swimming pool with tile fountains, multiple outdoor entertaining areas, outdoor fire place and fire pit.

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