7868 Electra Drive, Los Angeles, California 90046, Los Angeles, 90046 - 4 bed, 5 bath
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Los Angeles, California 90046
This Contemporary Hillside Sanctuary is listed at $5,000,000, representing a stable valuation closely aligned with its $4,957,826 Fair Market Value. Featuring a Mint Condition Rating from a recent high-end renovation, the home offers a designer kitchen, wide-plank flooring, and a primary suite with panoramic views of the city and ocean. The western exposure ensures light-filled rooms and premier sunsets by the pool and spa. This turnkey estate is perfectly suited for Luxury Owner-Occupants or Discerning Professionals seeking privacy and proximity to the Sunset Strip.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7868 Electra Drive Subject | $5,000,000* List Price | 4 | 5 | 4,173 | $1,198 | - |
A 2729 Nichols Canyon Road Sold | $5,085,000 | 4 | 5 | 4,978 | $1,021 | 1.0 mi |
B 1641 N Ogden Drive Active | $3,749,000 List Price | 5 | 5 | 3,828 | $979 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1999, the property has undergone a high-end contemporary renovation within the last 5 years. The interior features modern wide-plank flooring, a designer kitchen with high-end integrated appliances, and updated systems. The property is in mint condition with no maintenance required, fitting the criteria for a recent renovation.
The property features breathtaking panoramic views spanning from the Hollywood Hills to the Pacific Ocean, with a western exposure that ensures the home is bathed in natural light and captures premier sunset vistas.
Sited in the prestigious Mt. Olympus enclave, the residence offers a rare balance of hillside privacy and immediate proximity to the Sunset Strip, uniquely providing ample parking which is a high-value rarity for the area.
Designed for the quintessential California lifestyle, the ground-level public rooms open directly to the pool area, creating an expansive entertaining space that integrates the contemporary interior with the outdoor landscape.
The property is subject to Mt. Olympus association fees and CC&Rs, which may limit certain architectural freedoms or exterior modifications compared to independent hillside parcels.
With a 2022 purchase price of $4.8M, the current $5M asking price represents a narrow margin of appreciation over the last few years, potentially signaling that the property is priced near its current market ceiling.
A stunning contemporary, perched atop the city with panoramic views to the ocean. Quietly sited in Mt. Olympus, but only a moment from the Sunset strip and all the city has to offer. Public rooms on the ground level that open out to the pool with western exposure that baths the house in light throughout the day and offers unmatched sunsets. A primary suite with a wall of windows that frame the Hollywood Hills and the city below, and an ensuite bathroom with 2 walk in closets, a steam shower and soaking tub. In total 3 ensuite bedrooms upstairs, and a 4th bedroom/office on the ground level. Perfect for entertaining; easy access and the rarity of ample parking in hills - all located in the heart of the city. This is consummate Indoor-outdoor living at its finest - privacy and proximity - the best of life in LA.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 5.0 | 3.0 | 78% |
| Square foot | 4,173 | 2,272 | 88% |
| Lot Size | 10,598 | 7,049.5 | 72% |
| Price | $5.00M | $2.25M | 95% |
| Price per sq ft | $1.2K | $953 | 78% |
| Built year | 1999 | 1956 | 84% |
| HOA | $250.0 | $0 | 97% |
| Days on market | 103 | 152 | 22% |
Mar 5, 2026
$5,000,000
Initial Listing
Sep 6, 2022
$4,800,000
Public Record
Aug 11, 2020
$3,879,000
Public Record
Aug 15, 2017
$3,000,000
Public Record
Sep 30, 2004
$2,231,000
Public Record
Jul 29, 1997
$280,000
Public Record