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8506 Magnolia Drive, Los Angeles, California 90046, Los Angeles, 90046 - 1 bed, 2 bath

8506 Magnolia Drive, Los Angeles, California 90046 home-pic-0
ACTIVE$1,749,000
8506 Magnolia Drive, Los Angeles, California 90046
1Bed
2Baths
1,548Sqft
7,150Lot
Year Built
1962
Close
-
List price
$1.75M
Original List price
$1.75M
Price/Sqft
$1,130
HOA
-
Days on market
-
Sold On
-
MLS number
219129378DA
Home ConditionExcellent
Features
Excellent View: City Lights, Canyon, Hills, Trees/Woods
Deck
ViewCity Lights,Canyon,Hills,Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 29% below the list price. We found 4 Cons,7 Pros. Rank: price - $1.75M(32th), sqft - 1548(25th), beds - 1(4th), baths - 2(37th).

Motivated seller - Listed below appraisal! Perched atop the hills with jaw-dropping panoramic views of the city skyline, ocean and beyond. This hideaway is a rare opportunity to own a modern sanctuary in the sky.This open concept residence blends contemporary design with nature, featuring expansive living spaces, high ceilings and sleek finishes. The primary suite is a private retreat, offering a spa-like bathroom with a free-standing soaking tub, glass enclosed shower, and floor-to-ceiling windows that bring the outdoors in.Step outside on to multiple terraces and balconies, where glass railings allow for unobstructed views perfect for entertaining or unwinding. The home includes fully automated blinds and entertainment projector/screen. Located minutes from the Sunset Strip.It is on record as a two-bedroom which you can always add back but currently it is a very sleek two-story with one big primary suite.The manicured path to a wide open backyard is a fantastic spot for relaxation, but as the lot extends far down the hill the possibilities are only limited by your creativity.Includes both TMK's 5556 015 058 and 5556 015 059.

Nearby schools

9/10
Wonderland Avenue Elementary School
Public,•K-5•0.8mi
9/10
West Hollywood Elementary School
Public,•K-5•1.1mi
7/10
Gardner Street Elementary School
Public,•K-6•1.5mi
8/10
Valley View Elementary School
Public,•K-6•2.4mi
7/10
Rio Vista Elementary School
Public,•K-5•3.1mi
8/10
Hawthorne Elementary School
Public,•K-8•2.3mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•2.6mi
6/10
Walter Reed Middle School
Public,•6-8•3.5mi
7/10
Fairfax Senior High School
Public,•9-12•1.6mi
6/10
Hollywood Senior High School
Public,•9-12•2.2mi
9/10
Beverly Hills High School
Public,•9-12•3.4mi
8/10
North Hollywood Senior High School
Public,•9-12•4.4mi
6/10
University Senior High School Charter
Public,•9-12•6.2mi
6/10
University Senior High School
Public,•9-12•6.2mi

Price History

Date
Event
Price
10/21/25
Sold
$1,435,000
06/08/15
Sold
$1,200,000
10/25/13
Sold
$800,000
Condition Rating
Excellent
Despite being built in 1962, the property has undergone an extensive, high-quality renovation, transforming it into a 'modern sanctuary' with 'contemporary design' and 'sleek finishes.' The description highlights a 'spa-like bathroom' with a free-standing soaking tub and glass-enclosed shower, indicating new, high-end fixtures and style. The inclusion of 'fully automated blinds and entertainment projector/screen' further points to recent technological upgrades and a comprehensive modernization. All these elements suggest the property meets current quality standards with virtually new components and no deferred maintenance, aligning with an 'Excellent' condition score.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7150, living area = 1548.
Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Panoramic Views: The property boasts 'jaw-dropping panoramic views of the city skyline, ocean and beyond' from its hillside perch, enhanced by glass railings on multiple terraces and balconies.
Modern & Contemporary Design: An open-concept residence featuring contemporary design, expansive living spaces, high ceilings, and sleek finishes, creating a modern sanctuary.
Luxurious Primary Suite: The primary suite is a private retreat with a spa-like bathroom, free-standing soaking tub, glass-enclosed shower, and floor-to-ceiling windows.
Exceptional Outdoor Living Spaces: Multiple terraces and balconies with unobstructed views, along with a manicured path to a wide-open backyard, provide ample opportunities for entertaining and relaxation.
Prime Hillside Location: Located atop the hills and minutes from the iconic Sunset Strip, offering both exclusivity and convenient access to city amenities.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-10-21. The sold price is $1,435,000.00.
Significant Overpricing Relative to Market Estimate: The listing price of $1.749M is 29% higher than the estimated property value of $1.234M, which may indicate an aggressive pricing strategy or a disconnect with current market valuations.
Limited Bedroom Configuration: Currently configured as a single primary suite, which may limit its appeal to buyers requiring multiple bedrooms, despite being on record as a two-bedroom with potential for conversion.
Challenging Lot Topography: The lot 'extends far down the hill,' which could imply complex or costly landscaping, maintenance, or development challenges for the lower portions of the property.

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