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For sale
  • Price cut: $300K (7/3)
    $7,495,000

    8527 Hedges Way, Los Angeles, CA 90069

    6beds
    5,055sqft
    : 
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    Residential, Single Family Residence
    Built in 1941
    0.56 Acres Lot
    $7,495,400 Zestimate®
    $1,483/sqft
    $-- HOA

    What's special

    A remarkable opportunity to fully redevelop, remodel, reimagine or build anew! Or, move in today and refresh over time to own a spectacular view estate perched above the famed Sunset Strip with incredible 270-degree views, among the very best in LA, that stretch from downtown to the Pacific. The possibilities are endless in this coveted, iconic locale! Up a gated, private driveway, the property wraps around its own promontory to provide dazzling vistas from multiple vantage points, balconies, patios, and nearly every room. Enjoy the pleasure of optimal indoor/outdoor flow from the foyer, bar/salon, formal living room, dining room, and bedrooms, each opening to a vast wraparound terrace. Dine-al fresco, entertain under the stars, or lounge poolside amidst striking panoramas that must be seen to be believed. The primary suite includes a bathroom with jetted tub, separate glass shower, and dual-sink vanity, giving way to a bonus living area, gym, or dance studio with skylights and fireplace. The kitchen is replete with custom cabinetry and cooktop with hood. A nearby breakfast room connects to the guest wing which was previously a separate structure and has been adjoined to the main house to create a shared lounge with patio access. The guest house offers its own separate patio, fireplace, wet bar, dining area, and kitchen, perfect for an end-user who wants to refresh and/or utilize the space for ADU income potential or short-term vacation rentals (buyer to verify local requirements). Welcome to an incredible location just moments to the area's very best shopping, fine dining, entertainment, nightlife, and so much more.
    7 days
    |
    854
    |
    34
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    Zillow last checked:

    Listing updated:

    Listed by:

    Sally Forster Jones DRE # 00558939 310-579-2200,

    Compass 310-230-5478,

    Yoori Park DRE # 02047251 310-946-1110,

    Carolwood Estates

    Source: CLAW,MLS#: 26854959MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 6
      Rooms
      • Room types: Living Room, Dining Room, Patio Open, Powder, Family Room, Entry, Breakfast
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Freezer, Disposal, Range/Oven, Refrigerator, Washer
      • Laundry: Laundry Room
      Features
      • Flooring: Hardwood
      • Has fireplace: Yes
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 5,055
      • Total interior livable area: 5,055 sqft

      Property

      Parking
      • Parking features: Gated, Driveway, Garage - 4+ Car
      • Has garage: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: Heated
      • Spa features: Heated
      • Has view: Yes
      • View description: City, City Lights, Coastline, Mountain(s), Ocean, Panoramic
      • Has water view: Yes
      • Water view: Coastline,Ocean
      Lot
      • Size: 0.56 Acres
      Details
      • Additional structures: None
      • Parcel number: 5559023009
      • Zoning: LAR1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Residential, Single Family Residence
      Condition
      • Year built: 1941

      Community & HOA

      Community
      • Security: Alarm System
      HOA
      • Has HOA: No
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $1,483/sqft
      • Tax assessed value: $7,045,000
      • Annual tax amount: $84,841
      • Date on market: 7/3/2026

        Estimated market value

        $7,495,400

        $7.12M - $7.95M

        $35,287/mo

        Price history

        DateEventPrice
        7/3/2026Price change$17,950-10%$4/sqft
        Source: CLAW #26854957 Report a problem
        7/3/2026Price change$7,495,000-3.8%$1,483/sqft
        Source: CLAW #26854959 Report a problem
        3/4/2026Listed for sale$7,795,000-8.2%$1,542/sqft
        Source: CLAW #25621649 Report a problem
        8/18/2025Listed for rent$19,950$4/sqft
        Source: CLAW #25580091 Report a problem
        2/7/2025Listing removed$8,495,000$1,681/sqft
        Source: CLAW #24-464061 Report a problem
        11/15/2024Listed for sale$8,495,000$1,681/sqft
        Source: CLAW #24-464061 Report a problem
        10/26/2024Listing removed$8,495,000$1,681/sqft
        Source: CLAW #24-454561 Report a problem
        10/18/2024Listed for sale$8,495,000-5.6%$1,681/sqft
        Source: CLAW #24-454561 Report a problem
        8/22/2024Listing removed$8,995,000$1,779/sqft
        Source: CLAW #24-391265 Report a problem
        5/13/2024Listed for sale$8,995,000+12.4%$1,779/sqft
        Source: CLAW #24-391265 Report a problem
        1/14/2024Listing removed--
        Source: CLAW #23-309891 Report a problem
        9/15/2023Listed for sale$8,000,000+0.1%$1,583/sqft
        Source: CLAW #23-309891 Report a problem
        7/18/2023Listing removed--
        Source: CLAW #22-183957 Report a problem
        12/10/2022Listed for sale$7,995,000-11.2%$1,582/sqft
        Source: CLAW #22-183957 Report a problem
        7/11/2022Listing removed--
        Source: CLAW #22-117487 Report a problem
        5/12/2022Price change$8,999,000-9.9%$1,780/sqft
        Source: CLAW #22-117487 Report a problem
        3/14/2022Price change$9,990,000-9.1%$1,976/sqft
        Source: CLAW #22-117487 Report a problem
        1/11/2022Listed for sale$10,995,000+299.8%$2,175/sqft
        Source: CLAW #22117487 Report a problem
        2/20/2020Sold$2,750,000-81.7%$544/sqft
        Source: Public Record Report a problem
        11/12/2019Listed for sale$14,999,000+614.2%$2,967/sqft
        Source: Coldwell Banker Residential Brokerage #19-529272 Report a problem
        6/9/2009Sold$2,100,000-16%$415/sqft
        Source: Public Record Report a problem
        9/26/2008Sold$2,500,000+117.9%$495/sqft
        Source: Agent Provided Report a problem
        3/18/1996Sold$1,147,500$227/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$84,841 +32.3%$7,045,000 +34.1%
        2024$64,144 +2%$5,253,786 +2%
        2023$62,897 +4.8%$5,150,772 +2%
        2022$59,994 +1.2%$5,049,778 +2%
        2021$59,278 +15.5%$4,950,764 +18.1%
        2020$51,342 $4,192,832 +2%
        2019$51,342 +5.1%$4,110,620 +2%
        2018$48,860 $4,030,020 +2%
        2017$48,860 +2.2%$3,951,000 +55.7%
        2016$47,796 +55.3%$2,536,934 +1.5%
        2015$30,785 +1.2%$2,498,827 +2%
        2014$30,428 $2,449,880 +2.5%
        2012-- $2,390,990 +2%
        2011-- $2,344,109 -13.4%
        2010-- $2,707,313 +8.3%
        2009-- $2,500,000 +94.2%
        2008-- $1,287,137 +2%
        2007-- $1,261,900 +2%
        2006-- $1,237,158
        2005-- $1,237,158 +4%
        2004-- $1,189,120 +1.9%
        2003-- $1,167,327 +2%
        2002-- $1,144,439 +35.1%
        2000-- $847,290
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Hollywood Hills

        Getting around

        42 / 100
        Car-Dependent
        52 / 100
        Good Transit
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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