Crazy! $8M & $9.1M Teardowns

Two stunning properties in prime locations, purchased for $9,100,000 and $8,000,000 respectively, being completely redone by their new owner's. 1430 SUNSET PLAZA DR.

This one is especially surprising to me, as it was a super sweet modern architectural home just built in 2009. Take a look at the design and finishes in the pictures after the break, and I think you will agree it was already jaw dropping. Now take a look at the front of the home, and as you can see the new owner is completely gutting the entire home. It is on a great lot with a rare flat grassy area on a promontory on famed Sunset Plaza Dr in the Hollywood Hills with explosive views, and was purchased for $9,100,000. Check out what it looked like before and now.

Pictures of original sold listing courtesy of H. Blair Change & Billy Rose of Prudential CA - Beverly Hills Pictures of the remodeling by Eric Smilay for Smilay Properties


A beautiful mid-century home in original condition, which according to the listing, was "A true classic designed by Arthur Froehlich, a prominent modernist who designed Hanna-Barbera Studios among many others." Lying on a large lot, the home was reduced to rubble by the new owner, who just purchased the home in July of this year for $8,000,000. I wonder what they will build in it's place. I would be willing to bet that it is not as cool as the original mid-century home would have been if it had been updated with modern finishes, and that could have been done at a fraction of the price to rebuild something new.

Picture courtesy of Curbed LA

Pictures of the original sold listing courtesy of Eliane Capdeville & Anthony F. Papillo of Coldwell Banker - Westwood