8835 Evanview Drive, Los Angeles, California 90069, Los Angeles, 90069 - 6 bed, 8 bath
Loading property details...
Los Angeles, California 90069
This contemporary residence presents a Strong Value Opportunity, listed at $4,395,000—positioned well below the $4,708,778 Fair Market Value by 6%. This valuation gap offers $313,778 in Instant Equity. Featuring a 2,000 sq ft rooftop cabana, pool, and panoramic city-to-ocean views, the property maintains a Fair Condition Rating due to its 2001 vintage finishes. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-scale Hollywood Hills compound with significant modernization upside.
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 | $740 | - |
A 8835 Evanview Drive Active | $4,395,000 List Price | 6 | 8 | 6,366 | $690 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, the property is 25 years old, placing it in the 'Fair' category based on age. While the home is high-end and well-maintained, the kitchen and bathrooms feature original early-2000s finishes, including dark granite flooring and heavy wood cabinetry, which are now considered dated. Major systems like HVAC and electrical are likely original and approaching the end of their typical 25-30 year life cycle.
Priced significantly below appraised value and market comparables, this property offers a rare high-square-footage opportunity at a competitive price-per-foot for the Sunset Strip area.
The residence features a massive 2,000 sq ft rooftop cabana and multiple terraces, providing unparalleled panoramic views from Downtown LA to the Pacific Ocean.
With over 6,300 sq ft of living space, the home is fully equipped for high-end living, including a private theatre, game room, sauna, pool, and a dual-suite primary wing.
The 6,366 sq ft structure occupies nearly the entire 5,147 sq ft lot, resulting in limited traditional yard space and a vertical living configuration.
Built in 2001, the property may require capital improvements or cosmetic updates to meet the contemporary aesthetic and smart-home standards of today's luxury Hollywood Hills buyers.
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 8827 Evanview Dr. Set above the Sunset Strip on a quiet cul-de-sac off Sunset Plaza Dr, this contemporary residence captures expansive city-to-ocean views and offers approximately 6,366 sq ft of living space. The property features 6 bedrooms, 8 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, strong value potential, and income potential, including 1031 exchange alignment. Additional upside exists for buyers considering a combined acquisition, 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 | 3.0 | 98% |
| Baths | 8.0 | 3.0 | 98% |
| Square foot | 6,366 | 2,519 | 92% |
| Lot Size | 5,147 | 6,346 | 31% |
| Price | $4.39M | $2.70M | 71% |
| Price per sq ft | $690 | $1.1K | 6% |
| Built year | 2001 | 1957 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 193 | 4% |
May 18, 2026
$4,395,000
Initial Listing
Jul 18, 2017
$3,500,000
Public Record
Aug 5, 2005
$3,100,000
Public Record