Realkey.ai
RealKey
‪(213) 433-7766‬

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$4,074/sqft
8494 Cole Crest Drive, Los Angeles, California 90046
6Beds
6Baths
4,074Sqft
59,864Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 59864, living area = 4074.
Top Cons:
Significant Stair Access: The property is reached by more than 70 stairs down from street level, posing a considerable inconvenience for daily access, accessibility, and moving large items.

Compared to the nearby listings

Price:$3.00M vs avg $2.31M (+$680,000)71%
Size:4,074 sqft vs avg 2,333 sqft89%
Price/sqft:$735 vs avg $96217%

More Insights

Built in 1938 (88 years old).
Condition: Despite being built in 1938, the property has clearly undergone extensive and recent renovations, transforming it into a contemporary retreat. The kitchens feature modern white flat-panel cabinetry, sleek white countertops, and stainless steel appliances, all appearing virtually new. Hardwood flooring is consistent throughout the main living areas and bedrooms, and recessed lighting provides a clean, updated aesthetic. The overall style is modern and fresh, indicating a comprehensive renovation within the last 5 years, meeting current quality standards with no visible deferred maintenance.
Year Built
1938
Close
-
List price
$3M
Original List price
$3M
Price/Sqft
$735
HOA
-
Days on market
-
Sold On
-
MLS number
26637029
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
Pool
Spa
Patio
ViewCity Lights

About this home

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!

R
Richard Schulman
Listing Agent

Nearby schools

9/10
Wonderland Avenue Elementary School
Public,•K-5•0.9mi
9/10
West Hollywood Elementary School
Public,•K-5•1.1mi
7/10
Gardner Street Elementary School
Public,•K-6•1.4mi
8/10
Valley View Elementary School
Public,•K-6•2.4mi
7/10
Rio Vista Elementary School
Public,•K-5•3.2mi
8/10
Hawthorne Elementary School
Public,•K-8•2.3mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•2.5mi
6/10
Walter Reed Middle School
Public,•6-8•3.5mi
7/10
Fairfax Senior High School
Public,•9-12•1.5mi
6/10
Hollywood Senior High School
Public,•9-12•2.2mi
9/10
Beverly Hills High School
Public,•9-12•3.4mi
8/10
North Hollywood Senior High School
Public,•9-12•4.5mi
6/10
University Senior High School Charter
Public,•9-12•6.2mi
6/10
University Senior High School
Public,•9-12•6.2mi

Price History

Date
Event
Price
10/24/05
Sold
$1,760,000
Condition Rating
Excellent
Despite being built in 1938, the property has clearly undergone extensive and recent renovations, transforming it into a contemporary retreat. The kitchens feature modern white flat-panel cabinetry, sleek white countertops, and stainless steel appliances, all appearing virtually new. Hardwood flooring is consistent throughout the main living areas and bedrooms, and recessed lighting provides a clean, updated aesthetic. The overall style is modern and fresh, indicating a comprehensive renovation within the last 5 years, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 59864, living area = 4074.
Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Unrivaled Panoramic Views: The property offers breathtaking views stretching from downtown Los Angeles to the ocean, including stunning city lights, sunrise, and sunset vistas, significantly enhancing its appeal.
Expansive & Private 1.37-Acre Lot: A rare oversized lot in the Hollywood Hills (1.37 acres) provides exceptional seclusion and privacy, a highly sought-after feature in this dense urban area.
Versatile Dual Living Units with Income Potential: Features a main residence and a fully equipped, remodeled guest unit with no rental restrictions, offering flexibility for multi-generational living, guest accommodation, or potential rental income.
Seamless Indoor-Outdoor Entertainment: Walls of glass open to an expansive wrap-around deck, creating seamless indoor-outdoor living, complemented by a pool and fire pit, ideal for entertaining and enjoying the views.
Prestigious Hollywood Hills Location: Situated above Sunset Plaza, close to the vibrant Sunset Strip and Laurel Canyon, offering a coveted address with convenient access to entertainment and amenities.

Cons

Significant Stair Access: The property is reached by more than 70 stairs down from street level, posing a considerable inconvenience for daily access, accessibility, and moving large items.
Absence of a Garage: The property does not include a garage, which is a notable drawback for parking security, convenience, and storage, especially for a luxury estate in Los Angeles.
Age of Original Construction: While described as a 'contemporary retreat' with a 'remodeled guest unit,' the original structure dates back to 1938, which may imply potential for older infrastructure or ongoing maintenance considerations.
Browse Properties by State Browse housing market trends by state