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8506 Magnolia Drive, Los Angeles, California 90046, Los Angeles, 90046 - 1 bed, 2 bath

8506 Magnolia Drive, Los Angeles, California 90046 home-pic-0
ACTIVE$1,795,000
8506 Magnolia Drive, Los Angeles, California 90046
1Bed
2Baths
1,548Sqft
4,660Lot

Price Vs. Estimate

The estimated value ($1,338,432.76) is $456,567.24 (25%) lower than the list price ($1,795,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-10-21. The sold price is $1,435,000.00.

Compared to the nearby listings

Price:$1.79M vs avg $2.27M ($-480,000)34%
Size:1,548 sqft vs avg 2,250 sqft25%
Price/sqft:$1.2K vs avg $98778%

More Insights

Built in 1962 (63 years old).
Condition: Despite being built in 1962, this property has clearly undergone a very recent and extensive high-end renovation. The description highlights a 'modern sanctuary' with 'contemporary design,' 'sleek finishes,' and a 'spa-like bathroom.' The images confirm a state-of-the-art kitchen with integrated appliances and a waterfall island, luxurious bathrooms with free-standing tubs and glass showers, modern hardwood flooring throughout, contemporary lighting, and smart home features like automated blinds. All visible components appear new or virtually new, meeting current quality standards and design trends with no signs of wear or deferred maintenance.
Year Built
1962
Close
-
List price
$1.79M
Original List price
$1.9M
Price/Sqft
$1,160
HOA
-
Days on market
-
Sold On
-
MLS number
219127148DA
Home ConditionExcellent
Features
Excellent View: City Lights, Water
Deck
ViewCity Lights,Water

About this home

Perched atop the hills with jaw-dropping panoramic views of the city skyline, ocean and beyond. This hideaway is a rare opportunity to own a modern sanctuary in the sky.This open concept residence blends contemporary design with nature, featuring expansive living spaces, high ceilings and sleek finishes. The primary suite is a private retreat, offering a spa-like bathroom with a free-standing soaking tub, glass enclosed shower, and floor-to-ceiling windows that bring the outdoors in.Step outside on to multiple terraces and balconies, where glass railings allow for unobstructed views perfect for entertaining or unwinding. The home includes fully automated blinds and entertainment projector/screen. Located minutes from the Sunset Strip.It is on record as a two-bedroom which you can always add back but currently it is a very sleek two-story with one big primary suite.The manicured path to a wide open backyard is a fantastic spot for relaxation, but as the lot extends far down the hill the possibilities are only limited by your creativity.Includes both TMK's 5556 015 058 and 5556 015 059.

Nearby schools

9/10
Wonderland Avenue Elementary School
Public,•K-5•0.8mi
9/10
West Hollywood Elementary School
Public,•K-5•1.1mi
7/10
Gardner Street Elementary School
Public,•K-6•1.5mi
8/10
Valley View Elementary School
Public,•K-6•2.4mi
7/10
Rio Vista Elementary School
Public,•K-5•3.1mi
8/10
Hawthorne Elementary School
Public,•K-8•2.3mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•2.6mi
6/10
Walter Reed Middle School
Public,•6-8•3.5mi
7/10
Fairfax Senior High School
Public,•9-12•1.6mi
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•4.4mi
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
10/21/25
Sold
$1,435,000
06/08/15
Sold
$1,200,000
10/25/13
Sold
$800,000
Condition Rating
Excellent
Despite being built in 1962, this property has clearly undergone a very recent and extensive high-end renovation. The description highlights a 'modern sanctuary' with 'contemporary design,' 'sleek finishes,' and a 'spa-like bathroom.' The images confirm a state-of-the-art kitchen with integrated appliances and a waterfall island, luxurious bathrooms with free-standing tubs and glass showers, modern hardwood flooring throughout, contemporary lighting, and smart home features like automated blinds. All visible components appear new or virtually new, meeting current quality standards and design trends with no signs of wear or deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Panoramic Views: The property offers 'jaw-dropping panoramic views of the city skyline, ocean and beyond,' significantly enhancing its luxury appeal and market value.
Contemporary Design & High-End Finishes: Features an 'open concept residence' with 'contemporary design,' 'high ceilings,' 'sleek finishes,' and a 'spa-like bathroom' in the primary suite.
Expansive Outdoor Entertainment Areas: Multiple terraces and balconies with glass railings, plus a 'wide open backyard,' provide exceptional spaces for entertaining and enjoying the views.
Prime Location: Located 'minutes from the Sunset Strip,' offering convenient access to a vibrant and highly sought-after Los Angeles destination.
Integrated Smart Home Technology: Equipped with 'fully automated blinds and entertainment projector/screen,' providing modern convenience and a luxurious living experience.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-10-21. The sold price is $1,435,000.00.
Significant Overpricing: The current list price is 25% above the property's estimated value, potentially deterring buyers and indicating a challenging sale at this price point.
Limited Bedroom Count: Currently configured as a 1-bedroom residence, which restricts its appeal to a smaller demographic, despite the possibility of converting back to a 2-bedroom layout.
Age of Original Construction: Built in 1962, the property's underlying structure is over 60 years old. While updated, this could imply potential for unforeseen maintenance or system upgrades not covered by the modern aesthetic.

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