8501 Hedges Place, Los Angeles, California 90069, Los Angeles, 90069 - 2 bed, 2 bath
ACTIVE$2,185,000$1,815/sqft
Est. Value: $1,992,797
-8%
AboveEstimate
8501 Hedges Place, Los Angeles, California 90069
2Beds
2Baths
1,815Sqft
5,996Lot
Price Vs. Estimate
The estimated value ($1,992,797.355) is $192,202.645 (8%) lower than the list price ($2,185,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location & Exclusivity: Situated in the highly coveted Hollywood Hills, just above Sunset Plaza, on a quiet, celebrity-filled street, and surrounded by multi-million dollar architectural homes, offering an exclusive and prestigious address.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Compared to the nearby listings
Price:$2.19M vs avg $3.40M ($-1,215,000)23%
Size:1,815 sqft vs avg 3,000 sqft21%
Price/sqft:$1.2K vs avg $1.2K54%
More Insights
Built in 1941 (85 years old).
Condition: Despite being built in 1941, the property has been recently and extensively renovated, as stated in the description and evidenced by the images. The kitchen features new, modern flat-panel cabinetry, marble countertops, and high-end appliances including a retro-chic SMEG refrigerator and stainless steel dishwasher. The bathroom is fully updated with a modern floating vanity, contemporary fixtures, large format tiling, and a backlit LED mirror. Hardwood flooring and recessed lighting are consistent throughout the main living areas and bedrooms, indicating a comprehensive and recent renovation to current quality standards.
Year Built
1941
Close
-
List price
$2.19M
Original List price
$2.19M
Price/Sqft
$1,204
HOA
-
Days on market
-
Sold On
-
MLS number
26636635
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
ViewCity Lights
About this home
Views, Views, Views of Downtown LA! Classic Hollywood Hills Home just above Sunset Plaza! Recently renovated traditional home! Surrounded by Multi-Million Dollar architectural homes! 2 bd/1.5 ba, open floor plan living with beamed ceilings & fireplace. On a quiet, celebrity-filled street. Ample kitchen boasts top-notch appliances, marble counters w/separate lounge/dining area. Just seconds to the best restaurants, gyms, shopping, clubs, etc. Enjoy the ultimate LA lifestyle!
R
Roger Perry
Listing Agent
Price History
Date
Event
Price
03/16/00
Sold
$530,000
11/13/98
Sold
$570,000
02/23/96
Sold
$530,000
08/16/19
Sold
$1,750,000
05/31/17
Sold
$1,517,500
11/20/12
Sold
$1,210,000
Condition Rating
Excellent
Despite being built in 1941, the property has been recently and extensively renovated, as stated in the description and evidenced by the images. The kitchen features new, modern flat-panel cabinetry, marble countertops, and high-end appliances including a retro-chic SMEG refrigerator and stainless steel dishwasher. The bathroom is fully updated with a modern floating vanity, contemporary fixtures, large format tiling, and a backlit LED mirror. Hardwood flooring and recessed lighting are consistent throughout the main living areas and bedrooms, indicating a comprehensive and recent renovation to current quality standards.
Pros & Cons
Pros
Prime Location & Exclusivity: Situated in the highly coveted Hollywood Hills, just above Sunset Plaza, on a quiet, celebrity-filled street, and surrounded by multi-million dollar architectural homes, offering an exclusive and prestigious address.
Stunning City Views: Boasts 'Views, Views, Views of Downtown LA' and city lights, providing a captivating backdrop and enhancing the property's luxury appeal.
Recent Renovation & High-End Kitchen: Recently renovated, featuring an ample kitchen with top-notch appliances and marble counters, ensuring modern comfort and aesthetic appeal.
Desirable Architectural Features: A classic Hollywood Hills home with an open floor plan, beamed ceilings, and a fireplace, offering timeless charm and character.
Unparalleled Lifestyle Access: Located just seconds from the best restaurants, gyms, shopping, and clubs, providing immediate access to the ultimate Los Angeles lifestyle.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Limited Bedrooms & Square Footage: With only 2 bedrooms and 1815 sqft, the property offers relatively modest living space for its multi-million dollar price point in this luxury market, potentially limiting its appeal to larger families or those desiring more expansive interiors.
Older Construction: Built in 1941, despite recent renovations, the property's age may present potential for underlying infrastructure concerns or less modern energy efficiency compared to newer constructions.
Modest Lot Size: The lot size of 5996 sqft is relatively small for a luxury property in the Hollywood Hills, which might limit extensive outdoor living expansion or privacy compared to larger estates.