8004 Oceanus Drive, Los Angeles, California 90046, Los Angeles, 90046 - 4 bed, 4 bath
8004 Oceanus Drive
Los Angeles, California 90046
Property Price
SUMMARY
Analysis of 8004 Oceanus Drive, Los Angeles, California 90046 reveals a Fairly Priced Property with a current list price of $4,399,000 aligned with the estimated $4,365,048 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8004 Oceanus Drive Subject | $4,399,000* List Price | 4 | 4 | 3,455 | $1,263 | - |
A 8896 Lookout Mountain Avenue Sold | $3,250,000 | 3 | 4 | 3,405 | $954 | 0.9 mi |
B 8446 Kirkwood Drive Sold | $3,200,000 | 5 | 5 | 3,257 | $982 | 0.7 mi |
C 2795 La Castana Drive Sold | $4,200,000 | 4 | 4 | 3,008 | $1,396 | 0.9 mi |
D 7868 Electra Drive Active | $5,500,000 List Price | 4 | 5 | 4,173 | $1,318 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features high-end finishes throughout. While originally built in 1973, the home has undergone extensive renovations, particularly in the kitchen which boasts premium Sub-Zero and Thermador appliances and granite countertops. The bathrooms are well-maintained with luxury features like jetted tubs. Although the aesthetic—characterized by wrought iron, heavy onyx, and specific granite patterns—reflects a luxury style from approximately 10-15 years ago rather than a contemporary 2024 renovation, the overall quality, lack of deferred maintenance, and premium systems justify a 'good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Iconic Views and Location
Situated on a coveted corner lot in the prestigious Mount Olympus enclave, the property offers breathtaking, unobstructed panoramic views of Downtown L.A. and the Pacific Ocean.
- Chef's Gourmet Kitchen
The high-end kitchen is equipped with premium Sub-Zero and Thermador appliances, an oversized granite island, and dual warming drawers, catering to professional-grade culinary needs.
- Exceptional Parking Capacity
Rare for the Hollywood Hills, the property features a three-car garage plus additional driveway space for three more vehicles, providing total parking for up to six cars.
CONSRISKS & DEFICIENCIES
- 1970s Architectural Era
Built in 1973, the home’s specific design elements, such as the wrought-iron staircase and Onyx fireplace, may feel dated to buyers seeking a more contemporary or minimalist aesthetic.
- Market Pricing Volatility
Significant price reductions from the original $5.5M list price to $4.399M suggest initial overvaluation and may lead to buyer concerns regarding the property's market absorption rate.
About 8004 Oceanus Drive
Welcome to 8000 Oceanus, an exquisite residence in the prestigious Mount Olympus enclave with breathtaking cityscape views. Positioned on a coveted corner lot, this nearly 4,000-square-foot home is filled with stunning custom details.Step into a dramatic formal entry featuring soaring cathedral ceilings, elegant chandeliers, and an impressive Onyx stone fireplace stretching from floor to ceiling. Entertain guests in the formal dining room under a dazzling crystal chandelier or ascend the custom wrought-iron staircase to the upper level.The gourmet kitchen is a chef's dream, equipped with top-of-the-line appliances including a Sub-Zero refrigerator, Thermador double oven, 6-burner cooktop with griddle, two warming drawers, granite countertops, and an oversized island with abundant storage and a wine fridge.The luxurious primary suite offers a private sanctuary with a spa-inspired en suite bath, jetted Jacuzzi tub, dual sinks, and two spacious walk-in closets. Step onto your own balcony to enjoy serene views of Downtown L.A. A second staircase off the den leads to a separate private suite, ideal for guests.With a three-car garage plus additional driveway parking, there's room for six vehicles. Outdoors, the meticulously landscaped backyard is perfect for both entertaining and relaxation, offering endless possibilities for gatherings or quiet evenings under the stars. Experience unforgettable sunrises and sunsets while enjoying the best of Mount Olympus living at 8000 Oceanus.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 8,360 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 4.0 | 3.0 | 57% |
| Square foot | 3,455 | 2,319.5 | 79% |
| Lot Size | 8,360 | 7,527.5 | 58% |
| Price | $4.40M | $2.30M | 97% |
| Price per sq ft | $1.3K | $953 | 83% |
| Built year | 1973 | 1958 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 175 | 169 | 52% |
Pricing History
Listed for Sale
Nov 5, 2025
$4,399,000
$4,995,000
-12% Price Drop
Initial Listing
Price Change
Oct 4, 2025
$4,995,000
$5,500,000
-9% Price Drop
Initial Listing
Price Change
Sep 12, 2025
$5,500,000
Initial Listing
Sold
Apr 30, 1996
$670,000
Public Record