1881 Mount Olympus Drive, Los Angeles, California 90046, Los Angeles, 90046 - 4 bed, 3 bath

1881 Mount Olympus Drive, Los Angeles, California 90046 home-pic-0
ACTIVE$2,995,000
1881 Mount Olympus Drive, Los Angeles, California 90046
4Beds
3Baths
2,689Sqft
15,614Lot
Year Built
1976
Close
-
List price
$3M
Original List price
$3.5M
Price/Sqft
$1,114
HOA
-
Days on market
-
Sold On
-
MLS number
25553797
Home ConditionExcellent
Features
Excellent View: Canyon
Pool
Spa
Patio
ViewCanyon

About this home

We found 3 Cons,5 Pros. Rank: price - $3.00M(71th), sqft - 2689(63th), beds - 4(67th), baths - 3(50th).

Motivated Seller; bring all offers! Gated estate on nearly an acre lot in the highly coveted enclave of Mount Olympus. All 2,600+ SqFt of this 4 bedroom, 2.5 bathroom residence has been meticulously renovated with the finest finishes suitable for the most discerning buyer. The chef's kitchen is fully equipped with stainless steel appliances and a substantial center island, conveniently located just off of the living room for seamless entertainment. The dining room, currently used as a game room, opens up to the backyard for harmonious indoor-outdoor living and features a cozy double-sided fireplace. A generous guest suite with an en suite and a 145' projection TV completes the lower level. The primary suite is privately tucked away on the upper level and offers an abundance of closet space and a luxurious en suite with dual sinks, a steam shower, and a soaking tub. Also on this level are two additional bedrooms with their own terraces to enjoy the stunning canyon views. A true entertainer's paradise; the outdoor oasis includes a pool and spa, outdoor lounging areas, a sports court, and excess parking spaces. This residence has been consistently leased, also making it a lucrative investment opportunity.

Price History

Date
Event
Price
08/15/25
Price Change
$2,995,000-7.8%
08/06/25
$3,249,000
06/26/25
$3,495,000
08/16/19
Sold
$1,650,000
12/18/13
Sold
$1,400,000
11/14/01
Sold
$685,454
Condition Rating
Excellent

Despite being built in 1976, the property has been meticulously and extensively renovated with high-end finishes, as stated in the description and evident in the images. The kitchen features modern white cabinetry, subway tile, and professional-grade stainless steel appliances. Bathrooms are luxurious with a freestanding soaking tub, glass-enclosed steam shower, and modern fixtures. The entire interior boasts consistent large-format tile flooring, recessed lighting, and a contemporary aesthetic, indicating all components are virtually new and meet current quality standards.
Pros & Cons

Pros

Exclusive Location & Generous Lot: Situated in the highly coveted, gated enclave of Mount Olympus on a substantial 15,614 sqft lot, offering privacy and prestige.
High-End Renovation & Finishes: The residence has been meticulously renovated with the finest finishes throughout, appealing to discerning buyers.
Luxurious Primary Suite: The primary suite provides a private retreat with ample closet space and a spa-like en suite featuring dual sinks, a steam shower, and a soaking tub.
Exceptional Outdoor Entertainment: An expansive outdoor oasis designed for entertaining, boasting a pool, spa, multiple lounging areas, a sports court, and abundant parking.
Proven Investment Potential & Views: Consistently leased, this property offers a lucrative investment opportunity, complemented by stunning canyon views from private terraces.

Cons

Significant Price Reductions: Multiple price reductions and the 'Motivated Seller' note suggest potential overpricing or challenges in attracting buyers at previous price points.
Original Construction Year: Built in 1976, the property's original construction year may raise questions about underlying systems or design, despite extensive renovations.
Moderate Interior Square Footage: At 2,689 sqft, the interior living space might be considered modest for a luxury estate on a 15,614 sqft lot in this price range.

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