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8045 Bulwer Drive, Los Angeles, California 90046, Los Angeles, 90046 - 4 bed, 5 bath

8045 Bulwer Drive, Los Angeles, California 90046 home-pic-0
ACTIVE$2,495,000
8045 Bulwer Drive, Los Angeles, California 90046
4Beds
5Baths
4,996Sqft
5,998Lot
Year Built
1997
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$499
HOA
-
Days on market
-
Sold On
-
MLS number
24428695
Home ConditionPoor
Features
Excellent View: Canyon
Deck
ViewCanyon

About this home

Possibly Over-Priced:The estimated price is 29% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.50M(60th), sqft - 4996(92th), beds - 4(67th), baths - 5(82th).

Hollywood Hills Fixer with Breathtaking Views. Located in the heart of the Hollywood Hills, this expansive 4-bedroom, 5-bathroom fixer-upper offers nearly 5,000 square feet of untapped potential. Perched above the city, the home boasts sweeping canyon views. The property's central location is ideal, just minutes away from the vibrant energy of West Hollywood, the luxury of Beverly Hills, and the entertainment hub of Studio City. The open floor plan, with large living and dining areas, is perfect for creating a modern, open-concept design, while the spacious bedrooms including a master suite with a private terrace offer endless possibilities. This is a rare chance to craft a custom retreat in one of L.A.'s most sought-after neighborhoods.

Nearby schools

9/10
Wonderland Avenue Elementary School
Public,•K-5•0.5mi
8/10
Valley View Elementary School
Public,•K-6•1.7mi
7/10
Gardner Street Elementary School
Public,•K-6•1.9mi
7/10
Rio Vista Elementary School
Public,•K-5•1.9mi
9/10
West Hollywood Elementary School
Public,•K-5•2.3mi
6/10
Walter Reed Middle School
Public,•6-8•2.4mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•3.1mi
8/10
Hawthorne Elementary School
Public,•K-8•3.4mi
6/10
Hollywood Senior High School
Public,•9-12•2.5mi
7/10
Fairfax Senior High School
Public,•9-12•2.6mi
8/10
North Hollywood Senior High School
Public,•9-12•3.3mi
9/10
Beverly Hills High School
Public,•9-12•4.5mi
6/10
University Senior High School Charter
Public,•9-12•7.2mi
6/10
University Senior High School
Public,•9-12•7.2mi

Price History

Date
Event
Price
03/21/22
Sold
$2,350,000
05/20/19
Sold
$1,600,000
Condition Rating
Poor
The property is explicitly marketed as a 'fixer-upper' requiring 'extensive renovation' and has 'outdated design & features.' The images confirm this, showing unfinished rooms with exposed subfloor/worn flooring, patched walls, and missing light fixtures. The visible bathroom is functional but severely dated with dark wood cabinets, light tile countertops, a corner tub, and basic, old light fixtures. The kitchen is not shown but implied to be outdated and in need of a complete overhaul. While built in 1997 (27 years ago), the current state requires substantial repairs and rehabilitation to be move-in ready and meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Hollywood Hills Location: Situated in the heart of the Hollywood Hills, offering convenient access to the vibrant energy of West Hollywood, the luxury of Beverly Hills, and the entertainment hub of Studio City.
Breathtaking Canyon Views: Perched above the city, the home boasts sweeping and captivating canyon views, enhancing its appeal and potential value.
Significant Renovation Potential: Described as a 'fixer-upper' with 'untapped potential,' this property offers a rare opportunity for a buyer to craft a custom retreat to their exact specifications.
Expansive Living Space: With nearly 5,000 square feet, 4 bedrooms, and 5 bathrooms, the property features an open floor plan and large living/dining areas, providing ample space for luxury living.
Top-Rated Elementary School Access: Located just 0.5 miles from Wonderland Avenue Elementary School, which holds a high rating of 9, making it highly attractive for families.

Cons

Extensive Renovation Required: Explicitly marketed as a 'fixer-upper,' the property will require substantial investment and effort to modernize and upgrade to realize its full potential.
Potential Overpricing Relative to Condition: The listing price of $2.495M is significantly higher than the automated property estimation of $1.766M, suggesting a potential disconnect between the asking price and its current 'as-is' market value.
Outdated Design & Features: The description implies the need for a 'modern, open-concept design,' indicating that current interior aesthetics and features are likely outdated and require comprehensive updates.

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