8835 Evanview Drive, Los Angeles, California 90069, Los Angeles, 90069 - 6 bed, 8 bath

8835 Evanview Drive, Los Angeles, California 90069 home-pic-0
ACTIVE$4,650,000$6,366/sqft
Est. Value: $5,014,367
7%
BelowEstimate
8835 Evanview Drive, Los Angeles, California 90069
6Beds
8Baths
6,366Sqft
5,147Lot

Price Vs. Estimate

The estimated value ($5,014,367.35) is $364,367.35 (7%) higher than the list price ($4,650,000). This property may be underpriced.

Key pros and cons

Top Pros:
Unrivaled Panoramic Views: The property boasts dramatic city-to-ocean views, including a 2,000 sq ft rooftop cabana offering panoramic vistas from downtown Los Angeles to the Pacific.
Top Cons:
Seller Motivation Indication: The listing explicitly states 'motivated seller,' which, while offering negotiation opportunities, can sometimes imply a longer market time or a need for a quick sale.

Compared to the nearby listings

Price:$4.65M vs avg $3.48M (+$1,175,000)62%
Size:6,366 sqft vs avg 3,002 sqft85%
Price/sqft:$730 vs avg $1.2K8%

More Insights

Built in 2001 (25 years old).
Condition: The property was built in 2001, making it 23 years old. While it is a luxury estate with high-end features like a gourmet kitchen, movie theatre, pool, and sauna, and appears to be meticulously maintained, the style of the kitchen and bathrooms, with dark wood cabinetry and dark granite countertops, reflects its early 2000s construction. There is no indication of a recent extensive renovation (within the last 5-15 years) that would bring it to a 'Good' or 'Excellent' aesthetic standard. According to the criteria, a property built over 20 years ago with no major renovations since construction, where major components are functional but show signs of being outdated, falls into the 'Fair' category. While the property is move-in ready and does not require immediate repairs, its aesthetic is not current and would likely be considered outdated by many buyers at this price point, suggesting a need for minor updates to modernize the style.
Year Built
2001
Close
-
List price
$4.65M
Original List price
$4.65M
Price/Sqft
$730
HOA
-
Days on market
-
Sold On
-
MLS number
26639759
Home ConditionFair
Features
Excellent View: City Lights, Ocean, Panoramic
Deck
Pool
Spa
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 8827 Evanview Dr. Set above the Sunset Strip, this luxury estate showcases dramatic city-to-ocean views. The 6,366 sq ft compound features six bedrooms, eight bathrooms, and a 2,000 sq ft rooftop cabana with panoramic vistas from downtown Los Angeles to the Pacific. Located on a quiet cul-de-sac off Sunset Plaza Dr, the home includes a gourmet kitchen, movie theatre, game room, office, pool, spa, sauna, and multiple terraces. The primary suite offers dual walk-in closets, dual bathrooms, and a private deck. A rare opportunity to combine two adjacent estates into a Hollywood Hills compoundideal for luxury living, income potential, or a 1031 exchange.

R
Rita Benelian
Listing Agent

Price History

Date
Event
Price
07/18/17
Sold
$3,500,000
08/05/05
Sold
$3,100,000
Condition Rating
Fair

The property was built in 2001, making it 23 years old. While it is a luxury estate with high-end features like a gourmet kitchen, movie theatre, pool, and sauna, and appears to be meticulously maintained, the style of the kitchen and bathrooms, with dark wood cabinetry and dark granite countertops, reflects its early 2000s construction. There is no indication of a recent extensive renovation (within the last 5-15 years) that would bring it to a 'Good' or 'Excellent' aesthetic standard. According to the criteria, a property built over 20 years ago with no major renovations since construction, where major components are functional but show signs of being outdated, falls into the 'Fair' category. While the property is move-in ready and does not require immediate repairs, its aesthetic is not current and would likely be considered outdated by many buyers at this price point, suggesting a need for minor updates to modernize the style.
Pros & Cons

Pros

Unrivaled Panoramic Views: The property boasts dramatic city-to-ocean views, including a 2,000 sq ft rooftop cabana offering panoramic vistas from downtown Los Angeles to the Pacific.
Extensive Luxury Amenities: Features a gourmet kitchen, movie theatre, game room, office, pool, spa, sauna, and multiple terraces, providing a comprehensive luxury lifestyle.
Prestigious & Private Location: Situated on a quiet cul-de-sac above the Sunset Strip in the desirable Hollywood Hills, offering both exclusivity and convenience.
Compound & Investment Potential: Offers a rare opportunity to acquire an adjacent property (8827 Evanview Dr) to create a larger compound, ideal for luxury living, income, or 1031 exchange.
Expansive & Luxurious Living Spaces: A substantial 6,366 sq ft estate with six bedrooms and eight bathrooms, including a primary suite with dual walk-in closets, dual bathrooms, and a private deck.

Cons

Seller Motivation Indication: The listing explicitly states 'motivated seller,' which, while offering negotiation opportunities, can sometimes imply a longer market time or a need for a quick sale.
Limited Lot Size for Compound: The 5,147 sq ft lot size is relatively modest for a 6,366 sq ft 'compound,' potentially limiting expansive outdoor ground space beyond the existing terraces and pool area.
Significant Price Appreciation: The current list price of $4.65M represents a substantial increase from its last sale of $3.5M in 2017, which may require justification to some buyers in the current market.
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