7546 Devista Drive, Los Angeles, California 90046, Los Angeles, 90046 - 4 bed, 4 bath
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Los Angeles, California 90046
This Contemporary Hollywood Hills Residence represents a High-Potential Investment Opportunity, listed at $3,490,000—positioned slightly above the $3,377,863 Fair Market Value. While priced at market, the property features a Condition Rating of 2, showcasing a high-end renovation with top-of-the-line appliances and panoramic canyon views. The primary value lies in the shovel-ready development potential, including permitted plans for a pool, ADU, and spa. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a luxury lifestyle with significant future expansion capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7546 Devista Drive Subject | $3,490,000* List Price | 4 | 4 | 3,758 | $899 | - |
A 2745 La Cuesta Drive Sold | $3,100,000 | 3 | 4 | 3,137 | $988 | 0.5 mi |
B 8045 Mulholland Drive Sold | $4,045,000 | 5 | 5 | 4,442 | $911 | 0.8 mi |
C 2774 La Castana Drive Sold | $2,750,000 | 4 | 4 | 3,762 | $731 | 0.4 mi |
D 2353 Stanley Hills Drive Sold | $2,935,000 | 2 | 3 | 2,967 | $989 | 0.7 mi |
E 2015 Nichols Canyon Road Sold | $2,985,000 | 4 | 4 | 2,684 | $1,112 | 0.7 mi |
F 7963 Willow Glen Road Sold | $2,575,000 | 3 | 2 | 2,590 | $994 | 0.4 mi |
G 7546 Devista Drive Active | $3,750,000 List Price | 4 | 4 | 3,758 | $998 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1963, the property has undergone a high-end contemporary renovation within the last 5 years. It features a modern chef's kitchen with top-of-the-line appliances, updated wide-plank flooring, a whole-house water filtration system, and mint-condition interior finishes that require no maintenance.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
The property comes with a completed three-year permitting process for a pool, ADU, and expansions by Foxterra Design, offering a massive head start for buyers looking to customize and add immediate equity.
With soaring 20-foot ceilings in the living area and expansive French doors, the home offers an exceptional sense of scale and natural light that maximizes its contemporary aesthetic.
While the permits are in place, the list price does not include the significant capital expenditure required to actually build the planned pool, ADU, and structural additions.
A buyer looking for a move-in ready, finished lifestyle may find the prospect of ongoing construction for the permitted expansions to be a significant inconvenience.
A rare gem awaits in the heart of the Hollywood Hills, offering breathtaking panoramic views and an abundance of natural light throughout its elegantly designed interior. This stunning contemporary residence boasts 4 bedrooms and 4 bathrooms, featuring a spacious living room with soaring 20' ceilings, a cozy fireplace, and French doors that seamlessly connect to a lush grassy backyard and outdoor kitchen. This exceptional property comes equipped with premium amenities, including a custom music studio, top-of-the-line appliances, and a whole-house water filtration system. Additionally, the property has been meticulously planned and permitted for future expansions, including a pool, expansive deck, ADU, spa, and bedroom additions, all designed by renowned Foxterra Design. With a comprehensive three-year permitting process complete, the vision is set, and the infrastructure is in place, awaiting your personal touch to bring this extraordinary home to life
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-6 • 1.2 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,758 | 1,672 |
| Lot Size | 11,707 | 6,067 |
| Price | $3.49M | $1.37M |
| Price per sq ft | $929 | $801 |
| Built year | 1963 | 1939 |
| HOA | $0 | $348 |
| Days on market | 13 | 56 |
Jul 9, 2026
$3,490,000
Initial Listing
Jul 17, 2018
$2,445,000
Public Record