
Los Angeles, California 90069
This Contemporary Hollywood Hills Estate is a Strong Value Opportunity, listed at $4,395,000—aligning perfectly with its $4,395,000 Fair Market Value. Boasting a Condition Rating of 4, the 6,366 sq ft residence offers exceptional scale and a highly competitive price-per-square-foot for the Sunset Strip area. The property features a 2,000 sq ft rooftop cabana with panoramic city-to-ocean views, a private pool, and a luxury home theatre. While move-in ready, the original high-end finishes provide significant upside for value-add modernization. This is an ideal acquisition for Luxury Owner-Occupants or High-End Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8835 Evanview Drive Subject | $4,395,000* List Price | 6 | 8 | 6,366 | $690 | - |
A 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 moderate renovation needed.
Built in 2001, this property is well-maintained and move-in ready, but it fits the 'fair' criteria as it is nearly 25 years old without a recent comprehensive renovation. The gourmet kitchen and bathrooms feature high-end materials from the original construction period, such as dark cherry-toned cabinetry and heavy granite countertops, which are now considered outdated compared to current modern luxury standards. While the systems and surfaces like the hardwood floors and rooftop deck appear to be in good condition due to regular upkeep, the overall aesthetic and fixtures reflect the early-2000s build date.
The property features a massive 2,000 sq ft rooftop cabana offering breathtaking, unobstructed vistas from downtown Los Angeles to the Pacific Ocean, a premier feature for the Hollywood Hills.
At approximately 6,366 sq ft, this residence provides a highly competitive price-per-square-foot value for the Sunset Strip area, making it an attractive option for investors and 1031 exchange buyers.
Designed for high-end entertaining, the home includes a private theatre, game room, sauna, and a primary suite with dual bathrooms and walk-in closets, offering a resort-like experience.
The lot size of 5,147 sq ft is smaller than the home's interior square footage, resulting in minimal traditional yard space and a high building-to-land ratio.
A recent price reduction from the original listing suggests the property is still seeking its market equilibrium, which may indicate a need for cosmetic modernizations to compete with newer builds.
Exceptional opportunity among Hollywood Hills view properties, offering strong value on a price-per-square-foot basis.Set above the Sunset Strip, this contemporary residence captures expansive city-to-ocean views and is located on a quiet cul-de-sac off Sunset Plaza Dr. The approximately 6,366 sq ft property features six bedrooms, eight bathrooms, and a 2,000 sq ft rooftop cabana with panoramic vistas from downtown Los Angeles to the Pacific.The home includes a gourmet kitchen, theatre, game room, office, pool, spa, sauna, and multiple terraces designed for both entertaining and privacy. The primary suite offers dual walk-in closets, dual bathrooms, and a private deck.Well-suited for investors or end-users seeking a Hollywood Hills view property with scale and income potential, including opportunities for 1031 exchange alignment.Additional upside for buyers considering a combined acquisition with 8827 Evanview Dr, creating a rare multi-property compound above the Sunset Strip.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 97% |
| Baths | 8.0 | 4.0 | 93% |
| Square foot | 6,366 | 2,580 | 88% |
| Lot Size | 5,147 | 7,192 | 27% |
| Price | $4.39M | $3.27M | 68% |
| Price per sq ft | $690 | $1.1K | 5% |
| Built year | 2001 | 1951 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 94 | 198 | 17% |
Mar 29, 2026
$4,395,000
$4,650,000
-5% Price Drop
Initial Listing
Jan 18, 2026
$4,650,000
Initial Listing
Jul 18, 2017
$3,500,000
Public Record
Aug 5, 2005
$3,100,000
Public Record