8501 Hedges Place, Los Angeles, California 90069, Los Angeles, 90069 - 2 bed, 2 bath
8501 Hedges Place
Los Angeles, California 90069
Property Price
SUMMARY
Analysis of 8501 Hedges Place, Los Angeles, California 90069 reveals a Fairly Priced Property with a current list price of $1,950,000 aligned with the estimated $1,966,449 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 8501 Hedges Place Subject | $1,950,000* List Price | 2 | 2 | 1,815 | $1,083 | - |
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 8295 Hollywood Boulevard Sold | $2,100,000 | 3 | 2 | 1,673 | $1,255 | 0.5 mi |
D 8638 Hollywood Boulevard Sold | $2,050,000 | 3 | 3 | 1,957 | $1,048 | 0.1 mi |
E 8558 Hollywood Boulevard Sold | $2,343,500 | 3 | 3 | 2,192 | $1,069 | 0.2 mi |
F 1622 Sunset Plaza Drive Pending | $2,195,000 List Price | 3 | 2 | 1,980 | $1,109 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This 1941 home has been extensively and recently renovated to a high standard. The kitchen features top-tier professional-grade appliances, marble countertops, and modern cabinetry. The bathrooms are fully updated with contemporary fixtures and stone tiling. Throughout the home, the hardwood floors, beamed ceilings, and electrical/lighting fixtures appear new or virtually new, showing no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated on a quiet, celebrity-filled street just above Sunset Plaza, the property offers an elite Hollywood Hills lifestyle with immediate access to world-class dining, gyms, and shopping.
- Iconic Views
The home boasts spectacular, unobstructed views of the Downtown Los Angeles skyline and city lights, a highly coveted feature that significantly enhances the property's desirability and market value.
- Modernized Classic Charm
This recently renovated 1941 traditional home seamlessly blends classic Hollywood character, such as beamed ceilings and a fireplace, with high-end modern finishes including marble countertops and premium appliances.
CONSRISKS & DEFICIENCIES
- 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 Living Accommodations
With only two bedrooms and a modest 1,815 square feet of living space, the property may have limited appeal for larger families or buyers requiring multiple guest rooms and dedicated home offices.
- Vintage Infrastructure
Despite recent aesthetic renovations, the 1941 construction date may present challenges related to aging structural elements or hillside foundation maintenance common in older Hollywood Hills residences.
About 8501 Hedges Place
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 5,996 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 | 2.0 | 3.0 | 20% |
| Baths | 2.0 | 4.0 | 12% |
| Square foot | 1,815 | 2,580 | 22% |
| Lot Size | 5,996 | 8,002 | 39% |
| Price | $1.95M | $2.85M | 15% |
| Price per sq ft | $1.1K | $1.1K | 42% |
| Built year | 1941 | 1951 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 179 | 5% |
Pricing History
Listed for Sale
Feb 28, 2026
$1,950,000
$2,185,000
-11% Price Drop
Initial Listing
Price Change
Jan 12, 2026
$2,185,000
Initial Listing
Sold
Aug 16, 2019
$1,750,000
Public Record
Sold
May 31, 2017
$1,517,500
Public Record
Sold
Nov 20, 2012
$1,210,000
Public Record
Sold
Mar 16, 2000
$530,000
Public Record
Sold
Nov 13, 1998
$570,000
Public Record
Sold
Feb 23, 1996
$530,000
Public Record