8960 Crescent, Los Angeles, California 90046, Los Angeles, 90046 - 4 bed, 4 bath
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Los Angeles, California 90046
This Renovated Modern Hillside Residence is a Strong Value Opportunity, listed at $1,699,000—positioned well below the $1,880,088 Fair Market Value by 9%. This valuation gap provides $181,088 in Instant Equity for a property in Mint Condition. The home features a complete high-end renovation with contemporary cabinetry, quartz countertops, and panoramic views of the city lights and coastline. Located within the elite Wonderland Avenue Elementary district, it offers a rare combination of luxury and financial upside. This is an exceptional acquisition for Owner-Occupants or Luxury Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8960 Crescent Subject | $1,599,900* List Price | 4 | 4 | 2,080 | $817 | - |
A 8171 Mannix Drive Sold | $1,965,000 | 3 | 3 | 1,968 | $998 | 1.0 mi |
B 1905 Weepah Way Sold | $1,521,000 | 4 | 3 | 1,705 | $892 | 0.7 mi |
C 8738 Wonderland Avenue Active Under Contract | $1,249,999 List Price | 2 | 2 | 1,415 | $883 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1978, the property has undergone a complete high-end modern renovation within the last 5 years. The kitchen features contemporary flat-panel cabinetry and quartz countertops, bathrooms are fully updated with designer tile and black hardware, and the exterior shows new glass railings and modern finishes, indicating mint condition with no maintenance required.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated in the prestigious Sunset Strip/Hollywood Hills West area, the property offers expansive views ranging from city lights and the coastline to the reservoir and mountains, significantly enhancing its market appeal.
The home is located just 0.5 miles from the highly-rated Wonderland Avenue Elementary School (Rating 9), providing access to some of the best public education in the Los Angeles Unified School District.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2080, other record living area = 2318. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2623, living area = 2080.
The lot size of 2,623 square feet is quite restrictive for a home of this size, leaving very little room for traditional yard space or outdoor entertaining areas common in this price bracket.
HUGE PRICE REDUCTION! BREATHTAKING VIEWS! SELLER HAS PUT OVER $750,000.00 WORTH OF HIGH-GRADE IMPROVEMENTS INTO THIS BEAUTIFUL HOME! Charming Hollywood Hills property at 8960 Crescent offering a bright layout with incredible upside potential. Prime location just minutes from top dining, shopping, and entertainment in Los Angeles.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.4 mi
Grades K-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 4.0 | 3.0 | 60% |
| Square foot | 2,080 | 2,245 | 46% |
| Lot Size | 2,623 | 7,029.5 | 6% |
| Price | $1.60M | $2.23M | 27% |
| Price per sq ft | $769 | $951 | 22% |
| Built year | 1978 | 1956 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 150 | 3% |
Jun 5, 2026
$1,599,900
$1,549,900
+3% Price Increase
Initial Listing
May 28, 2026
$1,549,900
$1,599,900
-3% Price Drop
Initial Listing
May 16, 2026
$1,599,900
$1,649,000
-3% Price Drop
Initial Listing
May 8, 2026
$1,649,000
$1,699,000
-3% Price Drop
Initial Listing
Apr 30, 2026
$1,699,000
Initial Listing
Jul 17, 2012
$775,000
Public Record
Sep 16, 2003
$800,000
Public Record
Feb 25, 1997
$240,000
Public Record