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

8506 Magnolia Drive, Los Angeles, California 90046 home-pic-0
ACTIVE$1,755,000
8506 Magnolia Drive, Los Angeles, California 90046
2Beds
2Baths
1,548Sqft
4,672Lot
Year Built
1962
Close
-
List price
$1.75M
Original List price
$1.79M
Price/Sqft
$1,134
HOA
-
Days on market
-
Sold On
-
MLS number
219128693DA
Home ConditionExcellent
Features
Excellent View: City Lights, Water
Deck
Patio
ViewCity Lights,Water

About this home

Possibly Over-Priced:The estimated price is 25% below the list price. We found 4 Cons,6 Pros. Rank: price - $1.75M(33th), sqft - 1548(25th), beds - 2(21th), baths - 2(37th).

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-50.8mi
9/10
West Hollywood Elementary School
Public,K-51.1mi
7/10
Gardner Street Elementary School
Public,K-61.5mi
8/10
Valley View Elementary School
Public,K-62.4mi
7/10
Rio Vista Elementary School
Public,K-53.1mi
8/10
Hawthorne Elementary School
Public,K-82.3mi
3/10
Hubert Howe Bancroft Middle School
Public,6-82.6mi
6/10
Walter Reed Middle School
Public,6-83.5mi
7/10
Fairfax Senior High School
Public,9-121.6mi
6/10
Hollywood Senior High School
Public,9-122.2mi
9/10
Beverly Hills High School
Public,9-123.4mi
8/10
North Hollywood Senior High School
Public,9-124.4mi
6/10
University Senior High School Charter
Public,9-126.2mi
6/10
University Senior High School
Public,9-126.2mi

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 undergone an extensive, high-quality modern renovation, transforming it into a 'modern sanctuary.' The kitchen features sleek, flat-panel cabinetry, integrated high-end appliances, and a waterfall island. Bathrooms are spa-like with free-standing soaking tubs, glass-enclosed showers, modern vanities, and large format tiling. Throughout the home, there are hardwood floors, contemporary light fixtures, and smart home features like automated blinds and an entertainment projector, indicating all components are new or virtually new and meet current quality standards.
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 boasts jaw-dropping panoramic views of the city skyline, ocean, and beyond, enhanced by glass railings on multiple terraces and balconies.
Contemporary Design & Finishes: An open-concept residence featuring contemporary design, expansive living spaces, high ceilings, and sleek finishes, creating a modern sanctuary.
Luxurious Primary Suite: The primary suite is a private retreat with a spa-like bathroom, free-standing soaking tub, glass-enclosed shower, and floor-to-ceiling windows.
Exceptional Outdoor Living: Multiple terraces and balconies provide unobstructed views perfect for entertaining, complemented by a manicured path leading to a wide-open backyard.
Prime Location & Smart Home Features: Located minutes from the iconic Sunset Strip, the home also includes modern conveniences like fully automated blinds and an entertainment projector/screen.

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.
Effective Bedroom Count: While recorded as a two-bedroom, the property is currently configured as a two-story with one large primary suite, potentially limiting appeal for buyers needing multiple distinct bedrooms.
Significant Overpricing: The listing price is 25% higher than the property's estimated value, suggesting it may be overpriced relative to market comparables.
Challenging Lot Topography: The lot extends far down the hill, which, despite offering creative possibilities, may present challenges or significant costs for landscaping, maintenance, and full utilization.

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