8540 Hedges Way, Los Angeles, California 90069, Los Angeles, 90069 - 3 bed, 3 bath

8540 Hedges Way, Los Angeles, California 90069 home-pic-0
ACTIVE$4,995,000
8540 Hedges Way, Los Angeles, California 90069
3Beds
3Baths
2,755Sqft
5,783Lot
Year Built
1938
Close
-
List price
$5M
Original List price
$5M
Price/Sqft
$1,813
HOA
-
Days on market
-
Sold On
-
MLS number
25514337
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Panoramic, Trees/Woods
Deck
Pool
Patio
ViewCity Lights,Hills,Panoramic,Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,5 Pros. Rank: price - $5.00M(67th), sqft - 2755(42th), beds - 3(50th), baths - 3(38th).

Designed by the acclaimed Marmol Radziner, this stunning contemporary residence offers breathtaking panoramic views from downtown to the ocean, exceptional craftsmanship, and an unbeatable location in prime sunset strip, second from all the action! The open-concept design seamlessly connects the entertainer's kitchen, dining area, and flexible living space easily convertible into a private theater to an expansive outdoor retreat. Enjoy unobstructed city light views from the sun-drenched pool, outdoor shower, built-in BBQ, and elevated terrace, creating the perfect setting for relaxation and entertaining. The residence features beautifully updated bathrooms, floors, modernized appliances, and upgraded air conditioning and heating systems for ultimate comfort and style. Upstairs, dual primary suites feature floor-to-ceiling pocket doors, fireplaces, oversized walk-in closet, and dedicated office space, all opening to a fireplace-lit terrace with mesmerizing skyline views. This turnkey modern masterpiece is an extraordinary opportunity to own in one of Los Angeles' most sought-after neighborhoods.

Price History

Date
Event
Price
08/20/15
Sold
$3,775,000
12/20/96
Sold
$910,000
Condition Rating
Excellent

Despite being built in 1938, this property has undergone extensive, high-quality modern renovations, as described and evidenced by the images. The kitchen features sleek, contemporary cabinetry, high-end integrated appliances (including a built-in coffee maker), and modern pendant lighting. Bathrooms are noted as 'beautifully updated' in the description. The property boasts new-looking hardwood floors, upgraded air conditioning and heating systems, and overall contemporary finishes, making it a 'turnkey modern masterpiece' with virtually new components meeting current quality standards.
Pros & Cons

Pros

Acclaimed Architectural Design: Designed by the acclaimed Marmol Radziner, this contemporary residence boasts exceptional craftsmanship and high-end aesthetics.
Breathtaking Panoramic Views: Offers stunning, unobstructed panoramic views from downtown to the ocean, city lights, and skyline, a premium feature in Los Angeles.
Prime Sunset Strip Location: Situated in an unbeatable and highly sought-after location in prime Sunset Strip, providing immediate access to action and amenities.
Turnkey Modern Masterpiece: Extensively updated with modernized appliances, upgraded air conditioning and heating systems, and beautifully finished interiors, making it a move-in ready luxury home.
Luxurious Outdoor & Entertainment Spaces: Features an expansive outdoor retreat with a sun-drenched pool, outdoor shower, built-in BBQ, elevated terrace, and a flexible living space convertible to a private theater.

Cons

Significant Price Discrepancy: The list price of $4.995M is substantially higher than the estimated property value of $3.273M, which could impact buyer perception and financing.
Modest Lot Size for Price Point: At 5783 sqft, the lot size might be considered modest for a luxury property in this price range, potentially limiting extensive outdoor expansion or privacy compared to larger estates.
Original Build Year: Despite extensive modern renovations, the original construction year of 1938 could raise questions for some buyers regarding underlying structural or unseen infrastructure components.

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