8827 Evanview Drive, Los Angeles, California 90069, Los Angeles, 90069 - 6 bed, 6 bath
ACTIVE$4,650,000$5,586/sqft
Est. Value: $5,392,704
15%
BelowEstimate
8827 Evanview Drive, Los Angeles, California 90069
6Beds
6Baths
5,586Sqft
5,135Lot
Price Vs. Estimate
The estimated value ($5,392,704.48) is $742,704.48 (15%) higher than the list price ($4,650,000). This property may be underpriced.
Key pros and cons
Top Pros:
Panoramic Views: The property offers breathtaking panoramic views stretching from downtown Los Angeles to the Pacific Ocean, a highly coveted feature in the Hollywood Hills market.
Top Cons:
Seller Motivation Implies Price Sensitivity: The 'motivated seller open to all reasonable and qualified offers' suggests potential price sensitivity or a need for a quicker sale, which could indicate the current list price might be ambitious.
Compared to the nearby listings
Price:$4.65M vs avg $3.48M (+$1,175,000)62%
Size:5,586 sqft vs avg 3,002 sqft80%
Price/sqft:$832 vs avg $1.2K13%
More Insights
Built in 2001 (25 years old).
Condition: Built in 2001, this property presents as a well-maintained modern estate. The kitchen features sleek white cabinetry, black countertops, and high-end stainless steel appliances, all in excellent condition. Bathrooms are contemporary with dual vanities, vessel sinks, and a spa bath with steam shower and soaking tub, showing minimal wear. Flooring is a mix of well-kept hardwood, modern large-format tile, and clean carpet. While not newly built, the property's overall condition, modern aesthetic, and functional systems indicate it is move-in ready with no immediate renovations required, aligning with a 'Good' rating.
Year Built
2001
Close
-
List price
$4.65M
Original List price
$4.65M
Price/Sqft
$832
HOA
-
Days on market
-
Sold On
-
MLS number
26639757
Home ConditionGood
Features
Excellent View: City Lights, Ocean, Panoramic
Deck
Pool
Spa
Patio
ViewCity Lights,Ocean,Panoramic
About this home
Motivated selleropen to all reasonable and qualified offers. Exceptional opportunity among Hollywood Hills view residences. Seller will also consider value incentives for buyers interested in acquiring both properties, including 8835 Evanview Dr. Set above the Sunset Strip, this modern estate captures panoramic views from downtown to the Pacific. Privately located on a cul-de-sac off Lower Sunset Plaza Dr, the 5,586 sq ft home offers six ensuite bedrooms, an office, theatre, billiards room with bar, sauna, elevator, and rooftop lounge with city views. The primary suite includes a fireplace, two balconies, and a spa bath with steam shower and soaking tub. Resort-style grounds feature a pool, spa, and multiple terraces. Ideal for luxury living, income potential, or a 1031 exchange.
R
Rita Benelian
Listing Agent
Price History
Date
Event
Price
07/10/18
Sold
$3,350,000
Condition Rating
Good
Built in 2001, this property presents as a well-maintained modern estate. The kitchen features sleek white cabinetry, black countertops, and high-end stainless steel appliances, all in excellent condition. Bathrooms are contemporary with dual vanities, vessel sinks, and a spa bath with steam shower and soaking tub, showing minimal wear. Flooring is a mix of well-kept hardwood, modern large-format tile, and clean carpet. While not newly built, the property's overall condition, modern aesthetic, and functional systems indicate it is move-in ready with no immediate renovations required, aligning with a 'Good' rating.
Pros & Cons
Pros
Panoramic Views: The property offers breathtaking panoramic views stretching from downtown Los Angeles to the Pacific Ocean, a highly coveted feature in the Hollywood Hills market.
Prime Location & Privacy: Situated above the Sunset Strip in Hollywood Hills West, on a private cul-de-sac, providing exclusivity, prestige, and convenient access to city amenities.
Extensive Luxury Amenities: Boasts a wealth of high-end features including six ensuite bedrooms, an office, theatre, billiards room with bar, sauna, elevator, rooftop lounge, pool, spa, and multiple terraces, catering to a luxurious lifestyle.
Spacious Modern Estate: A substantial 5,586 sq ft modern estate built in 2001, offering ample living space and contemporary design elements for discerning buyers.
Investment & Acquisition Flexibility: Presents opportunities for luxury living, income generation, or a 1031 exchange, with the seller open to incentives for buyers interested in acquiring an adjacent property (8835 Evanview Dr) for a potential compound.
Cons
Seller Motivation Implies Price Sensitivity: The 'motivated seller open to all reasonable and qualified offers' suggests potential price sensitivity or a need for a quicker sale, which could indicate the current list price might be ambitious.
Compact Lot Size: The 5,135 sq ft lot size is relatively small for a luxury estate of 5,586 sq ft, potentially limiting expansive outdoor green space or future ground-level expansion beyond the existing structured terraces.
Age of Property (Relative): Built in 2001, the property is over two decades old. While described as modern, some luxury buyers may prefer brand-new construction or properties with more recent, comprehensive renovations to align with the latest design and technology trends.