October 31, 2007

Doings on Doheny Drive

Today we’ll take a look at the real-estate happenings on Doheny Drive.  But first, a bit of trivia:  Doheny Drive, which runs through Beverly Hills, Los Angeles and West Hollywood, is named after Edward L. Doheny, an American oil tycoon who struck it rich after coming to Los Angeles from his native Wisconsin.  Doheny died in 1935, but he and his estate have made numerous donation to L.A.-area universities, including USC and Loyola Marymount. 

Several new and updated listings have popped up on Doheny Drive this week, so it seemed a Doheny-driven post was in order.

If these properties, at 201 and 203 N. Doheny Drive, Beverly Hills, respectively, seem identical, it’s because they’re related.  Both of these three-bedroom, two-bath homes were put on the market at the same time, with the owner stipulating that they must be sold together.  Each is listed at $1,499,000, which means you’ll have to come up with around $3 million to nab both of them.  And in case you’re thinking of drilling on the land, forget it:  The seller is stipulating that he will retain oil and mineral rights.

If you’ve got more money to lay out, there’s a $4,995,000 home up the street, at 1720 N. Doheny Drive, Los Angeles.  This single-level, four-bedroom, four-bath abode has been completely remodeled and offers a large pool and expansive city views.

Meanwhile, a few blocks down, this redone one-bedroom, 1.5-bath condo at 999 N. Doheny Drive, #510, in West Hollywood is coming down in price.  It’s now $895,000 instead of $925,000.

And this one-bedroom, 1.5-bath unit 100 S. Doheny Drive, #516, Los Angeles, has been reduced from $539,000 to $529,000. It features completely remodeled kitchen and baths.