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8509 Crescent Drive, Los Angeles, California 90046, Los Angeles, 90046 - 4 bed, 5 bath

8509 Crescent Drive, Los Angeles, California 90046 home-pic-0
ACTIVE UNDER CONTRACT$2,199,000
8509 Crescent Drive, Los Angeles, California 90046
4Beds
5Baths
2,408Sqft
4,433Lot
Year Built
1947
Close
-
List price
$2.2M
Original List price
$2.2M
Price/Sqft
$913
HOA
-
Days on market
-
Sold On
-
MLS number
24348637
Home ConditionExcellent
Features
Excellent View: Canyon, Hills, Mountain(s), Panoramic, Trees/Woods
Deck
Patio
ViewCanyon, Hills, Mountain(s), Panoramic, Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 29% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.20M(45th), sqft - 2408(54th), beds - 4(67th), baths - 5(82th).

Perched above the tree-tops in prime Laurel Canyon, this exquisitely remodeled Hollywood Hills smart home was meticulously upgraded and offers a sophisticated blend of elegance and modern comfort. The spacious open floor plan features an abundance of natural light, with floor to ceiling windows and doors that perfectly frame the panoramic canyon vistas. The main living level features a large open floor plan living, kitchen and dining area, outfitted with white oak floors, quartz countertops, custom cabinetry, integrated shadow base moldings and professional-grade stainless steel appliances. Additional highlights include two ground floor en-suite bedrooms, a guest powder room, security cameras and surround sound system. The upper level boasts a hotel-style primary suite, complete with dual walk-in closets and a spa-like ensuite bathroom with double vanity, shower and sumptuous bathtub with views of the canyons. Two en-suite bedrooms and serene roof-top terraces complete the second floor. Designed to entertain, the outdoor spaces offer a seamless flow inside, and are equipped with a built-in grill and a number of dining and lounge areas - all positioned to enjoy the expansive views. Located near the desirable Wonderland Elementary School, the home offers a convenient location moments from the heart of the Sunset Strip and dining, leisure and entertainment on Ventura Blvd.

Nearby schools

9/10
Wonderland Avenue Elementary School
Public,•K-5•0.1mi
9/10
West Hollywood Elementary School
Public,•K-5•1.7mi
7/10
Gardner Street Elementary School
Public,•K-6•1.9mi
8/10
Valley View Elementary School
Public,•K-6•2.2mi
7/10
Rio Vista Elementary School
Public,•K-5•2.5mi
8/10
Hawthorne Elementary School
Public,•K-8•2.8mi
6/10
Walter Reed Middle School
Public,•6-8•2.8mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•3.1mi
7/10
Fairfax Senior High School
Public,•9-12•2.3mi
6/10
Hollywood Senior High School
Public,•9-12•2.6mi
8/10
North Hollywood Senior High School
Public,•9-12•3.7mi
9/10
Beverly Hills High School
Public,•9-12•3.9mi
6/10
University Senior High School Charter
Public,•9-12•6.5mi
6/10
University Senior High School
Public,•9-12•6.5mi

Price History

Date
Event
Price
06/24/24
Sold
$2,096,000
07/29/19
Sold
$990,000
02/18/00
Sold
$360,000
12/24/98
Sold
$1,000
11/25/98
Sold
$1,000
10/14/98
Sold
$1,000
Condition Rating
Excellent
Despite being built in 1947, this property has undergone an exquisite and meticulous renovation, evident in the modern, high-end finishes throughout. The kitchen features new white oak floors, quartz countertops, custom cabinetry, and professional-grade stainless steel appliances. Bathrooms are spa-like with contemporary fixtures, including a freestanding tub and glass-enclosed showers. All components appear new or virtually new, reflecting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Panoramic Canyon Vistas: The property offers stunning panoramic canyon, hills, and mountain views from floor-to-ceiling windows, the primary suite, and outdoor entertaining areas, significantly enhancing its appeal.
Exquisitely Remodeled Smart Home: Meticulously upgraded as a 'Hollywood Hills smart home,' it features a sophisticated blend of modern comfort with high-end finishes like white oak floors, quartz countertops, custom cabinetry, professional-grade appliances, security cameras, and a surround sound system.
Prime Location & Top-Rated School Access: Situated in prime Laurel Canyon, the home offers convenient access to the Sunset Strip and Ventura Blvd, and is located near the highly desirable Wonderland Elementary School (rated 9, 0.14 miles away).
Luxurious Primary Suite & Multiple En-suites: The property boasts a 'hotel-style primary suite' with dual walk-in closets and a spa-like ensuite bathroom featuring a double vanity, shower, and sumptuous bathtub with views. It also includes multiple additional en-suite bedrooms for comfort and privacy.
Designed for Entertaining & Outdoor Living: Outdoor spaces are thoughtfully designed for entertaining, featuring a built-in grill, dining, and lounge areas, along with serene roof-top terraces, all positioned to maximize the expansive views.

Cons

Original Construction Year (1947): Despite extensive remodeling, the property's original build year of 1947 may raise concerns about underlying infrastructure (e.g., plumbing, electrical, foundation) not explicitly mentioned as fully updated, potentially leading to future maintenance or higher insurance costs.
Automated Valuation Discrepancy: The automated property estimation value is significantly lower than the current listing price (-29%), which could indicate a potential overpricing by market standards or challenge in justifying the price to some buyers or lenders, despite unique features.
Absence of Explicit Central Air Conditioning: While described as a 'smart home,' the listing does not explicitly mention a central air conditioning system, which is a standard expectation for luxury properties in Los Angeles, potentially impacting comfort during warmer months.

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