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Los Angeles Clippers coach Doc Rivers has listed his luxurious Bird Streets neighborhood compound for just under $12 million. Based on our experience assessment, this listing presents a significant potential profit for Rivers, who purchased the property in 2014 for $8.2 million. The Hamptons-style home, situated on a cul-de-sac, offers three bedrooms, 3.5 baths, a separate guesthouse, and sweeping city and ocean views.
What are the key features of the Doc Rivers property? The 3,950-square-foot main house is designed for both luxury living and large-scale entertainment. The interior features an open floor plan where the formal living room flows into a dining room and provides access to the outdoors. The chef's kitchen is equipped with a large center island and a built-in banquette, opening directly into the family room. The spacious master suite includes dual closets and a dedicated office space. The master bath features dual vanities, a steam shower, and a tub that overlooks a private outdoor terrace. The property also includes two additional en suite bedrooms. A significant highlight is the outdoor area, which is built for hosting and includes a pool, spa, bar, kitchen, and multiple lounge areas.
Why is the Bird Streets neighborhood location significant? The property is located in the highly coveted Bird Streets neighborhood above the Sunset Strip. This area is known for its exclusivity, privacy, and proximity to the best of Los Angeles. A cul-de-sac (a street or passage closed at one end) location enhances privacy and reduces traffic, making it particularly desirable for high-profile individuals. Homes in this area consistently command premium prices due to the stunning views, architectural significance, and prestige associated with the address.
What does the asking price indicate about the current Los Angeles luxury market? An asking price of nearly $12 million for a property of this caliber is consistent with the current 2026 high-end real estate market in Los Angeles. Luxury properties with unique features, views, and privacy have maintained their value. The potential profit margin from the 2014 purchase price suggests strong appreciation (an increase in the value of an asset over time) for well-located luxury homes in this specific market segment. While individual results vary, this listing serves as a current data point for similar properties.
| Feature | Detail |
|---|---|
| Asking Price | Just under $12,000,000 |
| Original Purchase Price (2014) | $8,200,000 |
| Square Footage (Main House) | 3,950 |
| Bedrooms / Bathrooms | 3 / 3.5 |
| Special Features | Guesthouse, Pool, Spa, Outdoor Kitchen |
What should potential buyers consider with a property like this? Prospective buyers for a property in this league should conduct thorough due diligence. This includes a professional home inspection (a thorough examination of the physical structure and systems of a house) to assess the condition of the property beyond its aesthetic appeal. Given the complex features like the pool, spa, and outdoor kitchen, specialized inspections may be warranted. Furthermore, understanding property tax implications and any homeowner association regulations is crucial for an informed decision.
The listing of Doc Rivers' home is a notable event in the Los Angeles luxury real estate market. The property's unique blend of indoor-outdoor living, high-end finishes, and prime location exemplifies the type of home that continues to attract attention. For sellers, it highlights the importance of unique property features and location in achieving strong returns. For buyers, it underscores the need for comprehensive research and professional advice when navigating the high-stakes luxury market.
