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8530 Holloway Drive 315, West Hollywood, California 90069, West Hollywood, 90069 - 2 bed, 2 bath

8530 Holloway Drive 315, West Hollywood, California 90069 home-pic-0
ACTIVE$799,000
8530 Holloway Drive 315, West Hollywood, California 90069
2Beds
2Baths
1,017Sqft
47,412Lot
Year Built
1973
Close
-
List price
$799K
Original List price
$875K
Price/Sqft
$786
HOA
$540
Days on market
-
Sold On
-
MLS number
25496273
Home ConditionGood
Features
Good View:
Deck
Pool
Spa
View

About this home

We found 3 Cons,6 Pros. Rank: price - $799.0K(42th), sqft - 1017(38th), beds - 2(50th), baths - 2(50th).

Beautiful unit in highly sought after Holloway Terrace. The guest room/office was a den conversion with two closets and lots of windows. Features include formal entry with powder room, balcony with tree top views, hardwood floors recessed lighting, crown moldings & triple planed windows in primary bedroom. The kitchen has blue tiles, apron front sink, wood cabinets, soft close drawers & stainless steel appliances. Other features include dining area w/wine frig, beverage storage & glassware cabinets, limited common walls, bath off primary bedroom w/vanity/sink/cabinets, tiled baths, central air/heat gas fireplace, views from all rooms, side by side parking, newly redone pool/ spa, nice gym, amazing roof deck, plus entertainment room. Nestled in a trendy neighborhood known for its lively atmosphere, you'll find an array of restaurants, shops, &ent entertainment options just minutes away making this condo an ideal choice for anyone looking to immerse themselves in the dynamic culture of West Hollywood. Motivated seller!

Nearby schools

9/10
West Hollywood Elementary School
Public,•K-5•0.6mi
4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,•K-6•0.6mi
7/10
Gardner Street Elementary School
Public,•K-6•1.6mi
3/10
Laurel Elementary School
Public,•K-8•0.8mi
8/10
Hawthorne Elementary School
Public,•K-8•1.7mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•2.4mi
7/10
John Burroughs Middle School
Public,•6-8•3.0mi
7/10
Fairfax Senior High School
Public,•9-12•1.1mi
6/10
Hollywood Senior High School
Public,•9-12•2.3mi
9/10
Beverly Hills High School
Public,•9-12•2.7mi

Price History

Date
Event
Price
02/23/15
Sold
$582,000
11/23/09
Sold
$469,000
04/24/03
Sold
$345,000
06/07/99
Sold
$180,000
Condition Rating
Good
Despite being built in 1973, this unit has undergone extensive and tasteful renovations, making it move-in ready. The kitchen features modern stainless steel appliances, an apron front sink, soft-close wood cabinets, and contemporary blue subway tiles. Bathrooms are updated with modern vanities and tiling. The unit boasts hardwood floors throughout, recessed lighting, crown moldings, and triple-paned windows, indicating significant investment in upgrades. While not a brand-new construction, the quality and style of the renovations, coupled with newly redone building amenities (pool, spa, gym, roof deck), place it firmly in 'Good' condition, requiring no immediate updates.
Pros & Cons

Pros

Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime West Hollywood Location: Nestled in a highly desirable and trendy neighborhood, offering immediate access to a vibrant array of restaurants, shops, and entertainment options.
Extensive Building Amenities: The building boasts a newly redone pool/spa, a well-equipped gym, an amazing roof deck, and an entertainment room, enhancing lifestyle and value.
Updated Interior Finishes: The unit features modern upgrades including hardwood floors, recessed lighting, crown moldings, triple-paned windows, and a contemporary kitchen with stainless steel appliances and soft-close drawers.
Views & Private Outdoor Space: Enjoy tree-top views from all rooms and a private balcony, providing a serene escape within the urban environment.
Convenient Parking & Flexible Layout: Includes highly sought-after side-by-side parking and a flexible den conversion that serves as a guest room/office with ample windows and closets.

Cons

High Monthly Association Fees: The $540.0 monthly association fee represents a significant recurring cost, which can impact affordability and overall ownership expenses.
Price Reduction & Seller Motivation: A notable price reduction from the original list price and the indication of a 'motivated seller' may suggest market resistance or a need for a quick sale, potentially impacting perceived value.
Building Age: Constructed in 1973, the building is over 50 years old. While common areas are newly redone, the age could lead to higher maintenance costs or future special assessments for components not recently updated.

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