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Sold for $1,435,000
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  • $1,435,000

    8506 Magnolia Dr, Los Angeles, CA 90046

    1beds
    1,548sqft
    Residential, Single Family Residence
    Built in 1962
    8,141 Square Feet Lot
    $1,707,200 Zestimate®
    $927/sqft
    $6,598 Estimated rent

    Home value

    $1,707,200

    $1.49M - $1.96M

    $6,598/mo

    Zestimate® history
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    What's special

    Magnificent jetliner views above the electric glow of Los Angeles a short distance from the Sunset Strip. One of the few with these types of views towards the Long Beach Harbor, LAX and the Santa Monica Bay. WALL to WALL windows. This home delivers unmatched value and views in one of L.A.'s most sought-after hillside enclaves. Blending sleek, contemporary design with natural serenity, this open-concept home features soaring ceilings with a seamless indoor-outdoor flow throughout. Go down the beautiful stairs into your enormous private primary retreat with your own patio. The primary suite occupies its own floor with spa-like bath, freestanding soaking tub, and glass-enclosed shower. Entertain or unwind on multiple terraces with frameless glass railings that preserve the jaw-dropping views. Smart home upgrades include motorized blinds and a built-in projection system. While officially listed as a 2-bedroom (easily restored), the current layout lives as a modern, light-filled 1BR suite with voluminous living spaces. A manicured path leads to a private backyard oasis perfect for a peaceful lounge, hillside garden, or future expansion. A beautiful home that makes you feel light and free. Sale includes two parcels (TMK 5556 015 058 & 5556 015 059). Video tour: https://vimeo.com/1069803280

    Zillow last checked:

    Listing updated:

    Listed by:

    Shirley Lovitt DRE # 01392064 310-795-0111,

    Shirley Lovitt 424-644-0418

    Bought with:

    Arianna Smaldino, DRE # 02013837

    Compass

    Stephanie Younger, DRE # 01365696

    Compass

    Source: CLAW,MLS#: 25582965MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Breakfast Bar
    Heating
    • Central
    Cooling
    • Air Conditioning, Central Air
    Appliances
    • Included: Range/Oven, Refrigerator, Vented Exhaust Fan, Washer, Water Filter, Water Line to Refrigerator, Ice Maker, Disposal, Freezer, Dishwasher, Dryer
    • Laundry: Laundry Area, Stackable W/D Hookup, Gas Or Electric Dryer Hookup, Gas Dryer Hookup, Electric Dryer Hookup
    Features
    • Built-Ins
    • Flooring: Laminate
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,548
    • Total interior livable area: 1,548 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    • Has carport: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: City, Catalina, City Lights, Canyon, Coastline
    • Has water view: Yes
    • Water view: Catalina,Coastline
    Lot
    • Size: 8,141 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 5556015059
    • Zoning: LAR1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Residential, Single Family Residence
    Condition
    • Year built: 1962

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $927/sqft
    • Tax assessed value: $1,433,214
    • Annual tax amount: $17,440
    • Date on market: 8/25/2025

    Price history

    DateEventPrice
    5/20/2026Listing removed$6,500$4/sqft
    Source: CLAW #26641277 Report a problem
    3/23/2026Price change$6,500-7.1%$4/sqft
    Source: CLAW #26641277 Report a problem
    2/19/2026Price change$7,000-6.7%$5/sqft
    Source: CLAW #26641277 Report a problem
    1/21/2026Listed for rent$7,500$5/sqft
    Source: CLAW #26641277 Report a problem
    1/5/2026Listing removed$7,500$5/sqft
    Source: CLAW #25624651 Report a problem
    12/2/2025Listed for rent$7,500+15.4%$5/sqft
    Source: CLAW #25624651 Report a problem
    10/20/2025Sold$1,435,000-4%$927/sqft
    Source: CLAW #25582965 Report a problem
    9/2/2025Pending sale$1,495,000$966/sqft
    Source: CLAW #25582965 Report a problem
    8/8/2025Price change$1,495,000-2%$966/sqft
    Source: CLAW #25567395 Report a problem
    7/7/2025Price change$1,525,000-0.3%$985/sqft
    Source: CLAW #25536957 Report a problem
    7/6/2025Price change$1,529,000-2.3%$988/sqft
    Source: CLAW #25536957 Report a problem
    7/1/2025Price change$1,565,000-2.1%$1,011/sqft
    Source: CLAW #25536957 Report a problem
    6/26/2025Price change$1,599,000-1.8%$1,033/sqft
    Source: CLAW #25536957 Report a problem
    6/21/2025Price change$1,629,000-0.6%$1,052/sqft
    Source: CLAW #25536957 Report a problem
    6/4/2025Price change$1,639,000-0.6%$1,059/sqft
    Source: CLAW #25536957 Report a problem
    5/26/2025Price change$1,649,000-2.7%$1,065/sqft
    Source: CLAW #25536957 Report a problem
    5/20/2025Price change$1,695,000-2.5%$1,095/sqft
    Source: CLAW #25536957 Report a problem
    5/15/2025Price change$1,739,000-0.6%$1,123/sqft
    Source: CLAW #25536957 Report a problem
    5/1/2025Price change$1,749,000-0.3%$1,130/sqft
    Source: Greater Palm Springs Realtors #219129378 Report a problem
    4/28/2025Price change$1,755,000-0.6%$1,134/sqft
    Source: Greater Palm Springs Realtors #219128693 Report a problem
    4/24/2025Price change$1,765,000-1.7%$1,140/sqft
    Source: CDAR/ Desert Area MLS #219128693 Report a problem
    4/1/2025Price change$1,795,000-5.3%$1,160/sqft
    Source: Greater Palm Springs Realtors #219127148 Report a problem
    3/25/2025Listed for sale$1,895,000+57.9%$1,224/sqft
    Source: Greater Palm Springs Realtors #219127148 Report a problem
    2/14/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    2/11/2022Listed for rent$6,500$4/sqft
    Source: Zillow Rental Manager Report a problem
    6/26/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/8/2015Sold$1,200,000+50%$775/sqft
    Source: Agent Provided Report a problem
    10/25/2013Sold$800,000$517/sqft
    Source: CLAW #13694475 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,440 +1.5%$1,433,214 +2%
    2024$17,188 -3.8%$1,405,113 +2%
    2023$17,859 +10.9%$1,377,563 +2%
    2022$16,098 +1.2%$1,350,553 +2%
    2021$15,903 -0.6%$1,324,072 +1%
    2020$16,000 $1,310,497 -4.7%
    2019$16,000 -2.6%$1,375,004 +2%
    2018$16,431 $1,348,044 +2%
    2017$16,431 +2.5%$1,321,613 +15.7%
    2016$16,025 +16%$1,142,156 +49.3%
    2015$13,813 +47.7%$764,985 +2%
    2014$9,352 $750,000 +30.5%
    2012-- $574,913 +2%
    2011-- $563,641 +0.8%
    2010-- $559,430 -0.2%
    2009-- $560,760 +2%
    2008-- $549,766 +2%
    2007-- $538,987 +2%
    2006-- $528,420
    2005-- $528,420 +4%
    2004-- $507,902 +1.9%
    2003-- $498,594 +2%
    2002-- $488,819 +4%
    2000-- $469,839
    Find assessor info on the county website

    Neighborhood: Hollywood Hills

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,707,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,707,200