
Los Angeles, California 90035
This Penthouse-Style Condominium represents a High-Potential Investment Opportunity, listed at $995,000—positioned above the $902,601 Fair Market Value. While currently priced above market, the property offers significant lifestyle value through its soaring vaulted ceilings, private rooftop deck, and iconic city views. With a Condition Rating of 4, the unit provides a solid foundation for cosmetic modernization to align with luxury standards. Located near the Wilshire/La Cienega Metro and top-rated schools like Horace Mann Elementary, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8712 Gregory Subject | $949,000* List Price | 2 | 3 | 1,635 | $558 | - |
A 8636 W Olympic Blvd Sold | $747,500 | 2 | 3 | 1,253 | $597 | 0.3 mi |
B 8559 Alcott Street 301 Sold | $900,000 | 2 | 3 | 1,783 | $505 | 0.7 mi |
C 8642 Gregory Way 204 Active Under Contract | $949,000 List Price | 2 | 2 | 1,719 | $552 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, this property is approximately 46 years old and lacks evidence of a recent major renovation. While the unit is well-maintained and functional, the interior aesthetics—including the bamboo flooring, stone accent walls, track lighting, and Berber carpeting—appear to be 15-30 years old. The kitchen and bathrooms are dated and would require modernization to meet current luxury standards.
Situated directly across from Beverly Hills and near the new Wilshire/La Cienega Metro station, the property offers exceptional access to world-class dining, shopping, and regional transit.
The residence features soaring vaulted ceilings and a private rooftop deck with iconic views of the Hollywood Sign, providing a rare penthouse-style atmosphere and significant natural light.
With 1,635 square feet of living space, a versatile office loft, and rare side-by-side parking, the unit provides superior utility and convenience compared to standard area condominiums.
The monthly association fee of $775 is relatively high, which may impact the overall affordability and debt-to-income ratios for prospective buyers.
Constructed in 1980, the property may require updates to mechanical systems or cosmetic finishes to compete with the modern luxury standards of newer developments in the vicinity.
Perched in a prime location directly across the street from Beverly Hills, this custom-designed residence offers a true penthouse feel with soaring vaulted ceilings, abundant natural light, and stunning city views. A dramatic stone fireplace and matching stone accent wall anchor the open-concept living area, while iconic Hollywood Sign views can be enjoyed from your private balcony and secluded rooftop retreat. The thoughtfully designed layout features an office loft and spacious primary suite overlooking the living area below. French doors from the primary bedroom open to a private rooftop deck complete with convenient storage, creating a peaceful escape above the city. The kitchen is ideally positioned to overlook the dining and living spaces, making everyday living and entertaining effortless. Every detail of this home has been crafted to create a truly memorable living experience. Additional amenities include two side-by-side parking spaces, a private storage closet, elevator access, and the security of a controlled-access building. Residents also enjoy a community pool and spa, adding to the resort-style atmosphere. Located just moments from Beverly Hills' renowned shopping, dining, and entertainment destinations, the home also offers exceptional connectivity with the new Metro station at Wilshire and La Cienega nearby, providing convenient access to Downtown Los Angeles and, with planned future expansions, a possible direct connection to the beach. This is a rare opportunity to own a distinctive home with iconic views, luxury amenities, and an unbeatable location.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,635 | 1,243 |
| Lot Size | 12,313 | 24,016 |
| Price | $949.0K | $805.6K |
| Price per sq ft | $580 | $659 |
| Built year | 1980 | 1981 |
| HOA | $775.0 | $684 |
| Days on market | 56 | 71 |
Jun 18, 2026
$949,000
$995,000
-5% Price Drop
Initial Listing
May 27, 2026
$995,000
Initial Listing
Sep 8, 2021
$740,000
Public Record
Nov 21, 2006
$565,000
Public Record
Sep 23, 2004
$450,000
Public Record