5
Bedrooms
Sold for $14,600,000 · Feb 2023
SOLDLos Angeles, CA
MLS# 23240045
Lolita Bagramyan
Listing Agent
Revel Real Estate
DRE #: 01804040
Brokerage: Revel Real Estate
5
Bedrooms
6
Bathrooms
5,580 sqft
Square Feet
2016
Year Built
0.26 acres
Lot Size
$2,616
Price/Sq Ft
N/A
Garage Spaces
N/A
HOA
Single Family Home
Property Type
Rising up from one of the last great promontory view sites along Sunset Strip is a One of a kind contemporary design by world-renowned Belzberg Architects. Explosive views spanning Downtown Los Angeles all the way west to Century City and the Ocean beyond. Located one minute from Sunset Strip with local amenities such as The Tower Hotel, Equinox Gym and fine dining on Sunset Plaza are all within walking distance. A minimalist but warm material palette is displayed throughout the interiors. Custom wide plank white oak floors flow throughout the living spaces. Finishes of the highest quality are used throughout including frameless glass interior doors by Rimadesio, walk-in closets by Rimadesio, Bathroom cabinetry by Antonio Lupi and Dada Kitchen fitted with Miele appliances. True luxury is displayed throughout with all the features one would expect with a home of this caliber. A fully automated smart home is controllable by i-phone whilst anywhere in the world. A Day lit Basement with huge ceilings soaring up to 12 feet high houses Theatre & Bar, Wine Tasting room, Gym and a further bedroom amongst other amenities. The 'Form meets Function' approach is evident when ascending the Cantilevered Stairs leading to the second floor accommodations. A true master suite, positioned on the east side of the site affords the best views in the house-the Cantilevered Master Bedroom perched over the pool deck below offering panoramic views of Los Angeles. Take evening soaks in the oversized tub and gaze out to the twinkling lights of Century City. Second floor guest suites all offer dedicated balconies and head on views to Century City and beyond. Location, Architecture & Views Live above it all.
Listing description from the February 2023 sale, as reported to CRMLS.
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3 recorded sales
8516 Hedges Place sold for $14,600,000 in February 2023, at its full list price, after 2 days on the market. That works out to $2,616 per square foot on 5,580 square feet. Across 174 closed sales in 90069 over the last 12 months, the median sold price is $1,280,000 and the median is $877 per square foot, 66% below this sale's $2,616.
| Quarter | Closed sales in 90069 | Median sold price |
|---|---|---|
| Q1 2026 | 17 | $1,205,000 |
| Q2 2026 | 87 | $1,350,000 |
| Q3 2026 | 58 | $1,161,380 |
| Q4 2026 | 12 | $2,112,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90069
Closed sales reported in 90069, nearest first, last 12 months. All recent sales in Los Angeles →
8516 Hedges Place
Contact Lolita Bagramyan
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Contact Listing Agent
Revel Real Estate
DRE #01804040
Contact information is not available for this listing.