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8506 Magnolia Dr, Los Angeles, CA 90046 - Main View

8506 Magnolia Dr, Los Angeles, CA 90046

List Price: $1,525,000

On market

May 9, 20251,548 sqft1 beds2 baths

Listed by: Shirley Lovitt

License #: 01392064

Phone #: 310-795-0111

Shirley Lovitt

Source:

MLS #: 25536957

Property Description

Priced to sell! Celebrity Owned Hideaway with Panoramic Ocean-to-City Views Now over 200K below appraisal. Escape to this architectural retreat perched above the Sunset Strip, where walls of glass frame sweeping views of the city skyline, Pacific Ocean, Catalina, and beyond. 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. The expansive primary suite occupies its own floor a luxurious retreat complete with floor-to-ceiling windows, 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. Sale includes two parcels (TMK 5556 015 058 & 5556 015 059).

Get a detailed valuation report, schedule a tour or make an offer!

Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

DRE LICENSE #01997822

TurboHome Fair Market Estimate

TurboHome Savings

$22,167

TurboHome Estimated Value

$1,501,400

$970 sqft

High Valuation

$1,576,470

$1018/sqft

Normal Valuation

$1,501,400

$970/sqft

Low Valuation

$1,426,330

$921/sqft

3rd Party Estimates

Source	$/sqft	Valuation
HouseCanary	$970/sqft	$1,501,400

Get a detailed valuation report, schedule a tour or make an offer!

Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

DRE LICENSE #01997822

Neighborhood: Hollywood Hills

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Comparative Value

$1.32M

$1.52M

$1.57M

$1.75M

$1.82M

$1.88M

3000 Passmore Dr, Los Angeles, CA 90068

Sale Price: $1,325,000

Selected Comparable

8506 Magnolia Dr, Los Angeles, CA 90046

List Price: $1,525,000

Subject Property

1536 Marmont Ave, Los Angeles, CA 90069

Sale Price: $1,575,000

Selected Comparable

8722 Shoreham Dr C, West Hollywood, CA 90069

Sale Price: $1,750,000

Selected Comparable

8460 Franklin Ave, Los Angeles, CA 90069

Sale Price: $1,825,000

Selected Comparable

8632 Wonderland Ave, Los Angeles, CA 90046

Sale Price: $1,880,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT