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Sold for $14,600,000 · Feb 2023

SOLD
Sold

8516 Hedges Place, Los Angeles, CA 90069

Los Angeles, CA

MLS# 23240045

5,580 Sq Ft • Single Family Home5bd • 6ba
2 days on market

Listing Agent

Lolita Bagramyan

Listing Agent

Revel Real Estate

DRE #: 01804040

Brokerage: Revel Real Estate

Property Details

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

Description

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.

Facts & Features

Details

Cooling
CentralAir
Heating
Central
View
CityLights, Ocean

Sale history for 8516 Hedges Place

3 recorded sales

$14,600,000
Sold February 2023 · on market February 2023, 2 days on market · MLS #23240045 · Source: CRMLS
Listing Agent: Lolita Bagramyan · Listing Office: Revel Real Estate · Contact: 310-717-5522 · Bought with: Christina Kim · Keller Williams Larchmont
$12,875,000
Sold February 2019 · listed $13,900,000, on market September 2018, 89 days on market · MLS #18385942 · Source: CRMLS
Listing Agent: Tyrone McKillen · Listing Office: Hilton & Hyland · Contact: 310-278-3311 · Bought with: Roger Perry · Rodeo Realty - Beverly Hills
$3,350,000
Sold March 2014 · listed $2,999,000, on market January 2014, 60 days on market · MLS #14729219 · Source: CRMLS
Listing Agent: Jeffrey Hobgood · Listing Office: Sotheby's International Realty · Contact: 310-724-7000 · Bought with: Tyrone McKillen · Hilton & Hyland

How this sale compares

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.

$2,616
This sale, per sq ft
$877
90069 median per sq ft (12 mo)
$1,280,000
90069 median sold price (12 mo)
174
Closed sales in 90069 (12 mo)
2
Days on market
QuarterClosed sales in 90069Median sold price
Q1 202617$1,205,000
Q2 202687$1,350,000
Q3 202658$1,161,380
Q4 202612$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

Recent sales near 8516 Hedges Place

Closed sales reported in 90069, nearest first, last 12 months. All recent sales in Los Angeles →

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