7218 Mulholland Drive, Los Angeles, California 90068, Los Angeles, 90068 - 6 bed, 10 bath
ACTIVE$4,750,000$7,000/sqft
Est. Value: $5,275,978
11%
BelowEstimate
7218 Mulholland Drive, Los Angeles, California 90068
6Beds
10Baths
7,000Sqft
4,732Lot
Price Vs. Estimate
The estimated value ($5,275,978.38) is $525,978.38 (11%) higher than the list price ($4,750,000). This property may be underpriced.
Key pros and cons
Top Pros:
Prime Location & Exclusivity: Situated on ultra-private Mulholland Drive in the Hollywood Hills, offering a prestigious and secluded compound setting.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4732, living area = 7000.
Compared to the nearby listings
Price:$4.75M vs avg $1.77M (+$2,982,500)97%
Size:7,000 sqft vs avg 2,276.5 sqft98%
Price/sqft:$679 vs avg $86425%
More Insights
Built in 1989 (37 years old).
Condition: Built in 1989, this property is well-maintained and move-in ready. The main kitchen features high-end stainless steel appliances (Viking, Sub-Zero) and classic white shaker cabinets, suggesting significant updates. While some bathrooms, particularly the master with its dark marble, and certain decorative elements like specific wallpapers, reflect an older luxury aesthetic, they are functional and in good condition. The property boasts extensive amenities like a wine room, gym, sauna, elevator, and a resort-style pool area, indicating continuous investment and upkeep. It does not require immediate renovation, aligning with the 'Good' category, even if some areas might benefit from aesthetic modernization to meet current luxury trends.
Year Built
1989
Close
-
List price
$4.75M
Original List price
$4.75M
Price/Sqft
$679
HOA
-
Days on market
-
Sold On
-
MLS number
26639761
Home ConditionGood
Features
Excellent View: City Lights, Canyon, Mountain(s)
Deck
Pool
Spa
Patio
ViewCity Lights,Canyon,Mountain(s)
About this home
Exceptional offering! Seller will consider all reasonable and qualified offers! Ultra-private Hollywood Hills compound on Mulholland, approx. 7,000 sq ft with skyline views, gated motor court, 6 en suite bedrooms, and 10 baths. Features include a sunken living room, formal dining, chef's kitchen, media room with bar, a second kitchen, wine room, and elevator across three levels. Resort amenities: saltwater pool/spa with waterfall, outdoor kitchen/bar, gym, sauna, and steam. The sixth en suite has its own private entrance and is a complete apartment with a living room, media area, and full kitchen ideal for large families, in-laws, rental income, investors, and 1031 exchange buyers. Bulk sale option available with 8827 & 8835 Evanview Dr.
R
Rita Benelian
Listing Agent
Nearby schools
8/10
Valley View Elementary School
Public,•K-6•0.4mi
7/10
Gardner Street Elementary School
Public,•K-6•1.4mi
4/10
Selma Avenue Elementary School
Public,•K-6•1.6mi
6/10
Cheremoya Avenue Elementary School
Public,•K-6•1.9mi
7/10
Rio Vista Elementary School
Public,•K-5•2.2mi
4/10
Grant Elementary School
Public,•K-6•2.4mi
8/10
R. L. Stevenson Elementary School
Public,•K-5•2.7mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•3.4mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•2.3mi
3/10
Joseph Le Conte Middle School
Public,•6-8•2.5mi
6/10
Walter Reed Middle School
Public,•6-8•3.1mi
5/10
David Starr Jordan Middle School
Public,•6-8•3.6mi
6/10
Thomas Starr King Middle School
Public,•6-8•4.2mi
6/10
Hollywood Senior High School
Public,•9-12•1.6mi
7/10
Fairfax Senior High School
Public,•9-12•2.6mi
7/10
Burroughs High School
Public,•9-12•3.7mi
8/10
North Hollywood Senior High School
Public,•9-12•3.9mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•4.0mi
8/10
John Marshall Senior High School
Public,•9-12•4.1mi
Price History
Date
Event
Price
02/23/18
Sold
$3,100,000
12/23/05
Sold
$3,800,000
04/14/03
Sold
$1,450,000
Condition Rating
Good
Built in 1989, this property is well-maintained and move-in ready. The main kitchen features high-end stainless steel appliances (Viking, Sub-Zero) and classic white shaker cabinets, suggesting significant updates. While some bathrooms, particularly the master with its dark marble, and certain decorative elements like specific wallpapers, reflect an older luxury aesthetic, they are functional and in good condition. The property boasts extensive amenities like a wine room, gym, sauna, elevator, and a resort-style pool area, indicating continuous investment and upkeep. It does not require immediate renovation, aligning with the 'Good' category, even if some areas might benefit from aesthetic modernization to meet current luxury trends.
Pros & Cons
Pros
Prime Location & Exclusivity: Situated on ultra-private Mulholland Drive in the Hollywood Hills, offering a prestigious and secluded compound setting.
Expansive Luxury Living: Boasts approximately 7,000 sq ft with 6 en suite bedrooms and 10 baths, featuring a sunken living room, formal dining, chef's kitchen, media room with bar, second kitchen, wine room, and elevator.
Resort-Style Amenities: Comprehensive on-site amenities include a saltwater pool/spa with waterfall, outdoor kitchen/bar, gym, sauna, and steam room, providing a luxurious lifestyle.
Panoramic Views: Offers stunning skyline, canyon, and mountain views, enhancing the property's aesthetic appeal and value.
Versatile Income/Multi-Generational Potential: Includes a separate, private 6th en suite apartment with a full kitchen, ideal for extended family, guests, or potential rental income.
Cons
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4732, living area = 7000.
Limited Lot Size: The 4,732 sq ft lot size is relatively modest for a 7,000 sq ft compound with extensive amenities, potentially limiting expansive outdoor space.
Property Age & Potential for Modernization: Built in 1989, the property is over three decades old, and while well-appointed, may require updates to certain systems or aesthetics to meet contemporary luxury standards.
Unspecified Cooling System: The detailed description does not explicitly mention a cooling system (e.g., central air conditioning), which could be a consideration for comfort in the Los Angeles climate.