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8827 Evanview Drive, Los Angeles, California 90069, Los Angeles, 90069 - 6 bed, 5 bath

8827 Evanview Drive, Los Angeles, California 90069 home-pic-0
ACTIVE$5,149,000
8827 Evanview Drive, Los Angeles, California 90069
6Beds
5Baths
5,586Sqft
5,135Lot
Year Built
2001
Close
-
List price
$5.15M
Original List price
$5.7M
Price/Sqft
$922
HOA
-
Days on market
-
Sold On
-
MLS number
SR24051381
Home ConditionGood
Features
Excellent View: City Lights, Hills, Ocean, Panoramic
Deck
Pool
Spa
ViewCity Lights,Hills,Ocean,Panoramic

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $5.15M(71th), sqft - 5586(84th), beds - 6(94th), baths - 5(59th).

Major Price Improvement! Welcome home to this modern & up-to-date Hollywood Hills luxury property just above Sunset Blvd. Home features 6 bedroom suites plus a dedicated office w/exterior entrance, full digital home theater, family room w/full bar, fireplaces, sauna, an elevator serving all floors, light & bright with high ceilings throughout. The private primary suite features a warm fireplace, spectacular views, 2 balconies & a spa-like bath w/dual sinks, a steam shower, spa tub, toilet/bidet & an oversized walk-in closet. The pool and jacuzzi is private and tucked but still offer panoramic city views, on the way up to the rooftop lounging deck that is approx. 1000 sq ft . Home hosts a billiards /game room featuring its own kitchen, bar, fireplace and walk-out view balcony. The state of the art kitchen offers a dramatic skylight, dual sub-zeros, 2 dishwashers, a 6 burner gas range w/2 ovens & an induction cooktop, microwave & wine refrigerator that all flow to an outdoor covered space with barbecue, and dining/lounge area. Additionally, there is a large dining room in the center of the home just off the kitchen. All bedrooms are spacious with views and large closets, 2 bedrooms on the 1st level have a private side entrance. An ideal space for any size family, the most selective couple or single buyer. Close to all world class shopping, dining and entertainment venues. Opportunity awaits to own the luxury of living in the pinnacle of the Los Angeles lifestyle, where the city is in the palm of your hand. Also available and listed for lease.

Price History

Date
Event
Price
07/10/18
Sold
$3,350,000
Condition Rating
Good
Built in 2001, this property is 23 years old, placing it outside the 'Excellent' category for age alone. However, the description explicitly states it's 'modern & up-to-date,' and the images strongly support this. The kitchen features state-of-the-art appliances (dual Sub-Zeros, 6-burner range, 2 dishwashers, wine fridge) and a contemporary design with a dramatic skylight. Bathrooms are spa-like with modern fixtures, steam showers, and spa tubs. Flooring is a mix of hardwood, tile, and well-maintained carpet. All visible components appear to be in excellent condition, suggesting significant renovations and meticulous upkeep within the last 5-15 years, aligning perfectly with the 'Good' criteria. It's move-in ready with no immediate renovation required, and major systems are functional and within expected lifespan, despite the original build year.
Pros & Cons

Pros

Exceptional Panoramic Views: The property boasts 'spectacular views' including City Lights, Hills, and Ocean from multiple vantage points, including the primary suite and a 1000 sq ft rooftop lounging deck, significantly enhancing its appeal.
Extensive Luxury Amenities: Features such as a full digital home theater, family room with full bar, sauna, elevator serving all floors, private pool and jacuzzi, and a billiards/game room with its own kitchen and bar, cater to a high-end lifestyle and entertainment.
State-of-the-Art Gourmet Kitchen: The kitchen is equipped with high-end appliances (dual Sub-Zeros, 2 dishwashers, 6-burner gas range with 2 ovens, induction cooktop, wine refrigerator) and features a dramatic skylight, flowing seamlessly to an outdoor covered barbecue and dining area.
Prime Hollywood Hills Location: Situated 'just above Sunset Blvd,' the property offers immediate access to 'world class shopping, dining and entertainment venues,' embodying the 'pinnacle of the Los Angeles lifestyle.'
Versatile and Spacious Living: With 6 bedroom suites, a dedicated office with an exterior entrance, and two first-level bedrooms with private side entrances, the layout provides flexibility for large families, guests, or live-in staff.

Cons

Listed Above Estimated Market Value: The current list price of $5,149,000 is approximately 4% higher than the property's estimated value of $4,913,944, potentially indicating an overvaluation in the current market.
Significant Price Reduction and Extended Market Time: A 'Major Price Improvement' from an original list price of $5,699,900 to $5,149,000, coupled with being on the market since March 2024, suggests challenges in attracting buyers at previous price points.
High Ongoing Ownership Costs: While a luxury feature, the extensive amenities (pool, jacuzzi, elevator, multiple kitchens/bars, home theater, sauna) imply substantial ongoing maintenance, utility, and insurance expenses, which could be a significant consideration for potential buyers.

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