8494 Cole Crest Drive, Los Angeles, California 90046, Los Angeles, 90046 - 6 bed, 6 bath

8494 Cole Crest Drive, Los Angeles, California 90046 home-pic-0
ACTIVE$2,995,000
8494 Cole Crest Drive, Los Angeles, California 90046
6Beds
6Baths
4,074Sqft
59,864Lot
Year Built
1938
Close
-
List price
$3M
Original List price
$3.5M
Price/Sqft
$735
HOA
-
Days on market
-
Sold On
-
MLS number
25583317
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
Pool
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $3.00M(71th), sqft - 4074(88th), beds - 6(99th), baths - 6(92th).

ONE OF A KIND, TROPHY ESTATE! Tucked above Sunset Plaza in the Hollywood Hills, this one-of-a-kind contemporary retreat offers six bedrooms, six bathrooms, a pool, and some of the most breathtaking views in Los Angeles, stretching from downtown to the ocean. Set on 1.37 acres with no rental restrictions, the property is uniquely positioned for both personal use and investment potential.The main residence features four bedrooms, four bathrooms, living and dining areas, kitchen, laundry, and a flexible studio suited for a gym, office, or pool lounge. A remodeled guest unit adds two bedrooms, two bathrooms, a full kitchen, living and dining space, and laundry.Walls of glass open to an expansive wrap-around deck, creating seamless indoor-outdoor living with unparalleled city lights, sunrise, and sunset vistas. The outdoor spaces invite entertaining by the pool, evenings around the fire pit, and tranquil lounging high above the city.Please note, the home is reached by more than 70 stairs down from street level and does not include a garage, offering seclusion and privacy rarely found in the hills. Close to the Sunset Strip and Laurel Canyon, this Hollywood Hills hideaway is truly a rare opportunity for invaluable privacy with an oversized lot at the best price per square foot on the market!

Nearby schools

9/10
Wonderland Avenue Elementary School
Public,K-50.9mi
9/10
West Hollywood Elementary School
Public,K-51.1mi
7/10
Gardner Street Elementary School
Public,K-61.4mi
8/10
Valley View Elementary School
Public,K-62.4mi
7/10
Rio Vista Elementary School
Public,K-53.2mi
8/10
Hawthorne Elementary School
Public,K-82.3mi
3/10
Hubert Howe Bancroft Middle School
Public,6-82.5mi
6/10
Walter Reed Middle School
Public,6-83.5mi
7/10
Fairfax Senior High School
Public,9-121.5mi
6/10
Hollywood Senior High School
Public,9-122.2mi
9/10
Beverly Hills High School
Public,9-123.4mi
8/10
North Hollywood Senior High School
Public,9-124.5mi
6/10
University Senior High School Charter
Public,9-126.2mi
6/10
University Senior High School
Public,9-126.2mi

Price History

Date
Event
Price
11/07/25
Price Change
$2,995,000-14.4%
09/09/25
Listing
$3,500,000
10/24/05
Sold
$1,760,000
Condition Rating
Excellent

Despite being built in 1938, this property has clearly undergone an extensive, high-quality contemporary renovation. The kitchen features new stainless steel appliances, modern white flat-panel cabinetry, light countertops, and a clean backsplash, all in excellent condition. Throughout the main living areas and bedrooms, there is consistent light hardwood flooring, modern recessed lighting, and large sliding glass doors, indicating updated windows and a bright, open aesthetic. The overall style and condition suggest that all major components are new or virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Panoramic Views: The property offers breathtaking views stretching from downtown Los Angeles to the ocean, including unparalleled city lights, sunrise, and sunset vistas from expansive glass walls and a wrap-around deck.
Luxury Estate & Amenities: A 'trophy estate' featuring 6 bedrooms, 6 bathrooms, a private pool, flexible studio space (gym/office/lounge), and extensive outdoor entertaining areas including a fire pit.
Prime Hollywood Hills Location: Tucked above Sunset Plaza in the Hollywood Hills, providing a prestigious address with invaluable privacy and seclusion, yet close to the Sunset Strip and Laurel Canyon.
Significant Investment Potential: Set on a substantial 1.37-acre lot with no rental restrictions and a separate, remodeled guest unit, making it ideal for personal use, multi-generational living, or income generation.
Exceptional Value: Described as offering the 'best price per square foot on the market' for an oversized lot in the Hollywood Hills, indicating strong value for its size and location.

Cons

Challenging Access: The home is reached by more than 70 stairs down from street level, which could be a significant inconvenience for daily access, deliveries, or individuals with mobility challenges.
Lack of Garage: The property does not include a garage, which may pose challenges for parking, vehicle security, and additional storage, especially for a luxury estate.
Extensive Lot Maintenance: The 1.37-acre oversized lot, while offering privacy, will likely require significant ongoing landscaping and property maintenance efforts and associated costs.

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