8656 Skyline, Los Angeles, California 90046, Los Angeles, 90046 - 2 bed, 2 bath
8656 Skyline
Los Angeles, California 90046
Property Price
SUMMARY
Analysis of 8656 Skyline, Los Angeles, California 90046 reveals a property with a current list price of $1,965,000, which is 3% above the estimated $1,903,210 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 8656 Skyline Subject | $1,965,000* List Price | 2 | 2 | 1,066 | $1,785 | - |
A 8704 Hollywood Hills Road Active Under Contract | $1,999,000 List Price | 3 | 2 | 1,431 | $1,397 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This mid-century home has undergone an extensive recent renovation, featuring high-end finishes like 7-inch white oak plank flooring, a chef's kitchen with premium Thermador appliances and marble countertops, and fully upgraded bathrooms. All major systems, including the roof, HVAC, electrical, and plumbing, have been modernized, making the property a turnkey, luxury residence with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Iconic Panoramic Views
The property boasts unobstructed 'Rock and Roll' views of Downtown Los Angeles and the Hollywood Sign, showcased through floor-to-ceiling glass and an expansive sunrise deck.
- Turnkey Mid-Century Modern Design
Meticulously remodeled with high-end finishes including Thermador appliances and white oak flooring, the home features fully upgraded infrastructure such as a new roof, HVAC, and plumbing.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At just 1,066 square feet, the home offers a relatively small living area for the price point, which may be a constraint for buyers requiring more space.
- Market Pricing Volatility
The property has undergone multiple significant price reductions from its original $2.5M listing, indicating initial overvaluation and potential market resistance.
About 8656 Skyline
Sit on top of the Hollywood Hills on Skyline! Walk into your Lovely Mid-Century Home in the exclusive celebrity Hollywood Hills Neighborhood with Spectacular Stunning Views! Right in the heart of Laurel Canyon! This popular James Bond Luxury Mid-Century Style Home is private on the hill on a cul-de-sac road with no neighbors in the front nor back. The Backyard has Rock and Roll views with Bright Lights in the distance and direct views of Downtown Los Angeles and the Famous Hollywood Sign through Laurel Canyon. Imagine waking up to the lights of the city or enjoy the view by entertaining guests. Situated above Wonderland Ave and the prestigious award winning Wonderland Elementary School, which is one of the top schools! You could walk directly into the home with no exterior steps and enjoy the high ceilings with floor to ceiling glass and features 2 very nice sized bedrooms. The living room has a contemporary gas fireplace to keep you cozy during those winter nights. The flooring is solid hardwood 7 inch white oak plank flooring. And there is an additional flexible bonus room that could be used as an office or recording studio. As well as 2 lovely upgraded bathrooms, one of the bathrooms is en-suite and has a direct view of Downtown LA creating a spa resort vibe within the home. The Chef's Kitchen with modern stainless steel Thermador appliances and Marble Countertops is inviting and open with stunning views of the city and the Hollywood hills. This home is filled with high ceilings and big natural lighting creating your own personal retreat with a lovely expansive deck facing East to watch those beautiful sunrises to start your day. Upgraded electrical, plumbing, HVAC, new roof and updated landscape sprinkler system. Preliminary permits application open for Pool and 500sqft. Lower Level addition with city canyon views. Use this home as your personal residence or for investment such as an Airbnb. Perfect Home for Cinematic Filming, Writers, Actors or anyone interested in the entertainment industry. All the features that Laurel Canyon has to offer! Fully Furnished also available. Driveway accommodates 2 full size vehicles. Close to the Mulholland Tennis Club, Fryman Canyon and West Hollywood Sunset Strip. Own this luxury love nest with beautiful views in the Hollywood Hills! Very quiet and serene setting. The Best Views of Laurel Canyon! No Maintenance! No HOA Fees! Just Enjoy a Beautiful Turnkey Move-in Ready Home! Hurry! Call today! Seller very motivated!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 6,925 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
Los Angeles Unified Schools
Wonderland Avenue Elementary School
Grades K-5 • 0.3 mi
West Hollywood Elementary School
Grades K-5 • 1.8 mi
Gardner Street Elementary School
Grades K-6 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 1,066 | 2,312 | 7% |
| Lot Size | 6,925 | 7,552 | 41% |
| Price | $1.97M | $2.27M | 35% |
| Price per sq ft | $1.8K | $954 | 97% |
| Built year | 1960 | 1958 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 168 | 5% |
Pricing History
Listed for Sale
Mar 5, 2026
$1,965,000
$1,985,000
-1% Price Drop
Initial Listing
Price Change
Feb 20, 2026
$1,985,000
$1,995,000
-1% Price Drop
Initial Listing
Price Change
Jan 30, 2026
$1,995,000
$2,195,000
-9% Price Drop
Initial Listing
Price Change
Jan 26, 2026
$2,195,000
$2,499,999
-12% Price Drop
Initial Listing
Price Change
Jan 20, 2026
$2,499,999
Initial Listing
Sold
Dec 21, 2021
$1,550,000
Public Record
Sold
Jun 28, 2019
$1,080,000
Public Record
Sold
Mar 19, 1999
$380,000
Public Record