8827 Evanview Drive, Los Angeles, California 90069, Los Angeles, 90069 - 6 bed, 6 bath
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Los Angeles, California 90069
This Contemporary View Residence represents a Strong Value Opportunity, listed at $4,380,000—positioned well below the $4,830,458 Fair Market Value by 9%. This valuation gap provides $450,458 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home offers luxury amenities including a rooftop lounge, pool and spa, and panoramic city-to-ocean views. This property is an ideal acquisition for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking for a high-end Hollywood Hills lifestyle with significant upside potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8827 Evanview Drive Subject | $4,380,000* List Price | 6 | 6 | 5,586 | $865 | - |
A 8654 Hollywood Boulevard Sold | $3,600,000 | 5 | 6 | 4,000 | $900 | 0.3 mi |
B 8827 Evanview Drive Active | $4,380,000 List Price | 6 | 6 | 5,586 | $784 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2001, this 25-year-old property is exceptionally well-maintained and move-in ready. While the age technically falls into the 'Fair' bracket, the contemporary architecture, updated kitchen cabinetry, modern ensuite baths with vessel sinks, and pristine rooftop/pool areas align better with the 'Good' criteria for functionality and maintenance.
Priced below appraised value and market comparables, this property offers a highly competitive price-per-square-foot for a luxury view home in the Hollywood Hills.
Situated on a private cul-de-sac above the Sunset Strip, the residence captures sweeping city-to-ocean views from multiple levels and a dedicated rooftop lounge.
The home is designed for high-end living with an elevator, home theatre, billiards room with bar, sauna, and a primary suite featuring a steam shower and spa-style bath.
The 5,135 sq ft lot is relatively compact for a 5,586 sq ft residence, resulting in a high building-to-land ratio with minimal traditional yard space.
Built in 2001, the contemporary finishes may require cosmetic updates to compete with the ultra-modern new constructions frequently found in the Sunset Strip area.
Priced below appraised value and market comparables, this exceptional Hollywood Hills opportunity offers one of the most attractive price-per-square-foot values among view properties in the area. Seller relocating. Available individually or in combination with the adjacent residence at 8835 Evanview Dr. Located above the Sunset Strip on a private cul-de-sac off Lower Sunset Plaza Dr, this contemporary home captures panoramic city-to-ocean views and offers approximately 5,586 sq ft of living space. The residence includes 6 ensuite bedrooms, an office, theatre, billiards room with bar, sauna, elevator, and rooftop lounge with sweeping skyline views. The primary suite features a fireplace, dual balconies, and a spa-style bath with steam shower and soaking tub. Outdoor areas include a pool, spa, and multiple terraces designed for both entertaining and privacy. Well suited for investors or end-users seeking a Hollywood Hills view home with strong value potential, rental income opportunity, and added upside through a side-by-side acquisition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 6.0 | 3.0 | 88% |
| Square foot | 5,586 | 2,519 | 90% |
| Lot Size | 5,135 | 6,346 | 31% |
| Price | $4.38M | $2.70M | 71% |
| Price per sq ft | $784 | $1.1K | 8% |
| Built year | 2001 | 1957 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 196 | 4% |
May 18, 2026
$4,380,000
Initial Listing
Jul 10, 2018
$3,350,000
Public Record