8501 Hedges Place, Los Angeles, California 90069, Los Angeles, 90069 - 2 bed, 2 bath
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Los Angeles, California 90069
This Stunning Loft-Style Residence is a Strong Value Opportunity, listed at $1,850,000—positioned well below the $1,884,054 Fair Market Value by 1.8%. This valuation gap offers $34,054 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with high-end finishes and unobstructed city views, this turnkey home offers a flexible floor plan with a bonus creative studio. It is an ideal acquisition for Owner-Occupants seeking a luxury lifestyle or sophisticated professionals desiring a turnkey retreat above the Sunset Strip.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8501 Hedges Place Subject | $1,850,000* List Price | 2 | 2 | 1,815 | $1,038 | - |
A 1612 Sunset Plaza Drive Sold | $2,100,000 | 3 | 3 | 1,747 | $1,202 | 0.3 mi |
B 8450 Carlton Way Sold | $2,375,000 | 2 | 3 | 2,211 | $1,074 | 0.1 mi |
C 9356 Sierra Mar Drive Sold | $1,565,000 | 3 | 4 | 1,644 | $952 | 1.0 mi |
D 8295 Hollywood Boulevard Sold | $2,100,000 | 3 | 2 | 1,673 | $1,255 | 0.5 mi |
E 8638 Hollywood Boulevard Sold | $2,050,000 | 3 | 3 | 1,957 | $1,048 | 0.1 mi |
F 1342 Miller Drive Sold | $1,535,000 | 3 | 2 | 1,500 | $1,023 | 0.1 mi |
G 8501 Hedges Place Active | $1,950,000 List Price | 2 | 2 | 1,815 | $1,074 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1941, the property has undergone a high-end, minimalist loft-style renovation. The interior features mint condition finishes, including modern recessed lighting, updated flooring, and contemporary fixtures. The listing describes it as a turnkey opportunity with high-end designer furnishings, indicating a comprehensive renovation likely within the last 5 years.
Situated on a quiet cul-de-sac above the Sunset Strip, the property offers unobstructed, sweeping views of the Los Angeles skyline within a prestigious neighborhood of multi-million-dollar estates.
The residence includes enclosed parking for three cars, a rare and highly valuable feature for hillside properties in the Hollywood Hills West area.
With a loft-style open floor plan, a bonus creative studio, and adaptable living areas, the home is perfectly suited for a modern, turnkey lifestyle or professional creative use.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Originally built in 1941, the property may require ongoing maintenance or updates to its aging structural systems compared to newer contemporary builds in the area.
With only two formal bedrooms and a loft-style layout, the floor plan may lack the privacy and traditional configuration desired by families or buyers seeking a standard residential setup.
Perched above the Sunset Strip on a quiet cul-de-sac, surrounded by multi-million-dollar estates, this stunning loft-style residence offers sweeping, unobstructed VIEWS of Los Angeles. Designed with a minimalist open floor plan, the home seamlessly frames the city skyline. The expansive 2nd-floor common living space flows effortlessly from a grand living room, kitchen, a massive covered balcony, a powder room, and a loft-style bedroom. The 1st floor has a secondary bedroom, a full bath, and a bonus room that can serve as a creative studio, home gym, or additional bedroom. Enclosed parking for three cars adds rare convenience, with one space previously converted into a bedroom and easily adaptable to suit your lifestyle, whether a recording studio, dance studio, or private retreat. The residence may be offered fully furnished with pieces from Roche Bobois, Molteni & C, Minotti, and Kartell, creating a turnkey opportunity. Easy access to every amenity imaginable, including shops, gyms, restaurants, nightlife, etc. Location! Location! Location!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 27% |
| Baths | 2.0 | 3.0 | 17% |
| Square foot | 1,815 | 2,490.5 | 27% |
| Lot Size | 5,996 | 6,315 | 44% |
| Price | $1.85M | $2.55M | 21% |
| Price per sq ft | $1.0K | $1.1K | 33% |
| Built year | 1941 | 1952 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 198 | 2% |
May 19, 2026
$1,850,000
Initial Listing
Aug 16, 2019
$1,750,000
Public Record
May 31, 2017
$1,517,500
Public Record
Nov 20, 2012
$1,210,000
Public Record
Mar 16, 2000
$530,000
Public Record
Nov 13, 1998
$570,000
Public Record
Feb 23, 1996
$530,000
Public Record