1588 Viewsite Drive, Los Angeles, California 90069, Los Angeles, 90069 - 4 bed, 5 bath
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1588 Viewsite Drive
Los Angeles, California 90069
ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
4,368Sq Ft
8,711Lot Size
Property Price
LIST PRICE$5,499,000
EST. MARKET VALUE
$5,192,112
5% AboveMARKET VALUE
SUMMARY
This 1920s Mediterranean Estate represents a High-Potential Investment Opportunity, listed at $5,499,000—positioned well above the $5,091,582 Fair Market Value. While priced at a premium, the property offers a Mint Condition Rating following a comprehensive high-end renovation. Featuring panoramic city and ocean views, a newly updated kitchen, and approved pool permits, this home blends Hollywood history with modern luxury. The hillside setting provides a unique, private retreat for discerning buyers. This is an ideal acquisition for Luxury Homeowners or High-Net-Worth Investors seeking a trophy property.
Estimated Market Value
$5,192,112
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1588 Viewsite Drive Subject 4 bd · 5 ba · 4,368 sqft · $1,189 | $5,499,000* List Price | 4 | 5 | 4,368 | $1,189 | - |
A 1640 N Kings Road Sold 3 bd · 4 ba · 3,285 sqft · $1,263 · 0.4 mi | $4,150,000 | 3 | 4 | 3,285 | $1,263 | 0.4 mi |
B 1558 Sunset Plaza Drive Sold 4 bd · 4 ba · 3,248 sqft · $1,385 · 0.1 mi | $4,500,000 | 4 | 4 | 3,248 | $1,385 | 0.1 mi |
C 1506 N Doheny Drive Sold 5 bd · 7 ba · 5,009 sqft · $1,038 · 0.4 mi | $5,200,000 | 5 | 7 | 5,009 | $1,038 | 0.4 mi |
D 1525 Marlay Drive Sold 4 bd · 5 ba · 4,400 sqft · $1,068 · 0.7 mi | $4,700,000 | 4 | 5 | 4,400 | $1,068 | 0.7 mi |
E 1501 Viewsite Terrace Active 4 bd · 5 ba · 4,831 sqft · $1,087 · 0.1 mi | $5,250,000 List Price | 4 | 5 | 4,831 | $1,087 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1926, the property has undergone a comprehensive high-end renovation within the last 5 years. It features a newly completed primary bathroom, new flooring, and an updated kitchen. Visual evidence of recessed lighting and speakers indicates modernized electrical systems, and the overall condition is mint and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Hollywood Heritage
Originally owned by film legend Dorothy Dandridge, this 1920s Mediterranean estate offers significant historical prestige and unique character that adds substantial marketing value and allure.
- Prime Location and Views
Situated in the coveted Sunset Plaza neighborhood, the property delivers sweeping panoramic views of the city lights and the ocean, maximizing its hillside appeal.
- Modernized Living Space
The home features over 4,300 square feet of thoughtfully renovated space, including a new primary bathroom, updated kitchen, and a dedicated gym, blending historic charm with sophisticated modern amenities.
CONSRISKS & DEFICIENCIES
- Pending Pool Construction
Although plans and permits are approved, the absence of a completed pool means the buyer must manage a significant construction project to fully realize the property's outdoor potential.
- Hillside Topography
The steep hillside setting limits the amount of flat, usable yard space and may present the typical infrastructure maintenance challenges associated with 1920s hillside residences.
About 1588 Viewsite Drive
FOR SALE AND LEASE! Originally owned by film legend Dorothy Dandridge, this home holds a special place in Hollywood history. A beautifully renovated 1920s Mediterranean in Sunset Plaza, offering sweeping city views, over 4,300 SF of living space plus additional flexible space. Filled with character and thoughtfully updated over the years, the home blends its original Mediterranean charm with sophisticated, modern living. Recent improvements include a newly completed primary bathroom and new flooring, along with an updated kitchen, spacious gym, and lower-level guest area with an additional bedroom. Multiple entertaining terraces and a covered built-in BBQ area create effortless indoor-outdoor living and take full advantage of the hillside setting and views. Approved plans and permits are in place for a pool designed to utilize the additional hillside land and create an exceptional private retreat.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 8,711 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 4,368 | 1,670.836 |
| Lot Size | 8,711 | 6,152.156 |
| Price | $5.50M | $1.34M |
| Price per sq ft | $1.3K | $807 |
| Built year | 1926 | 1941 |
| HOA | $0 | $238 |
| Days on market | 39 | 56 |
Pricing History
Listed for Sale
Oct 1, 2026
$5,499,000
Initial Listing
Sold
Apr 21, 2014
$2,900,029
Public Record
Sold
Sep 30, 2011
$2,394,023
Public Record
Sold
Dec 31, 1998
$849,000
Public Record