8581 Cole Crest Drive, Los Angeles, California 90046, Los Angeles, 90046 - 5 bed, 6 bath
8581 Cole Crest Drive
Los Angeles, California 90046
Property Price
SUMMARY
Analysis of 8581 Cole Crest Drive, Los Angeles, California 90046 is currently available with a list price of $3,800,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1989, the property has undergone an extensive high-end renovation within the last 5 years. It features a super modern kitchen with premium Bosch stainless steel appliances, new French oak flooring throughout, and updated contemporary bathrooms in every suite. The interior finishes, including the oversized windows and skylights, meet current luxury standards with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Iconic Views and Natural Light
The property offers breathtaking views of the Hollywood Sign and Griffith Observatory, enhanced by high ceilings and oversized windows that flood the contemporary living spaces with natural light.
- Versatile Multi-Generational Layout
With five primary-sized suites and a separate unit featuring a private entrance and kitchenette, the home provides exceptional flexibility for use as an ADU, guest quarters, or a professional studio.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4547, other record living area = 2892. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3000, living area = 4547.
- Limited Outdoor Yard Space
The 4,547 square foot residence sits on a relatively small 3,000 square foot lot, leaving little room for a traditional backyard or private garden beyond the existing terraces.
About 8581 Cole Crest Drive
In a secluded part of the Hollywood Hills, enjoy views of the Hills, Hollywood Sign, and the Griffith Observatory from this 5 bedroom/5.5 bath, contemporary home. Tons of light pours into the house from oversized windows and skylights. Welcomed by incredible volume and a huge living room with a fireplace, wet bar, and a tremendous outdoor terrace. Super modern kitchen jeweled with stainless steel Bosch appliances, walk-in pantry, and a breakfast area. Adjacent is the formal dining room and office nook. All bedrooms are primary-sized suites with full baths. One of the suites has a private entrance with its own kitchenette (use as a separate ADU). Main primary suite boasts dual shower, separate spa tub, cedar walk-in closet, and a huge outdoor deck. Secure and gated. Other features include French oak floors, tons of storage area, 2-car garage, and (2) sets of washer-dryers. Great space for guests, tenants, studio, gym, and/or office space. Just minutes away from the heart of Hollywood, West Hollywood, Studio City, and easy SFV access.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 3,000 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Wonderland Avenue Elementary School
Grades K-5 • 0.7 mi
West Hollywood Elementary School
Grades K-5 • 1.1 mi
Gardner Street Elementary School
Grades K-6 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 84% |
| Baths | 6.0 | 3.0 | 94% |
| Square foot | 4,547 | 2,327 | 93% |
| Lot Size | 3,000 | 7,552 | 7% |
| Price | $3.80M | $2.33M | 86% |
| Price per sq ft | $836 | $952 | 32% |
| Built year | 1989 | 1958 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 168 | 1% |
Pricing History
Listed for Sale
Mar 1, 2026
$3,800,000
Initial Listing
Sold
Jan 14, 2022
$50,000
Public Record
Sold
Sep 28, 2020
$1,850,000
Public Record